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Showing posts from May, 2025

'No penalty on non-maintenance': Canara Bank waives minimum balance rule on all savings accounts

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Canara Bank is set to eliminate minimum balance requirements for all savings accounts starting June 1, 2025, benefiting a wide range of customers. This move, a first among major public sector banks, removes penalties for not maintaining the Average Monthly Balance (AMB) across all account types, including regular, salary, and NRI accounts. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZFTpRru

India's demand for AI professionals to hit 1 million by 2026: Report

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India anticipates a significant surge in the demand for AI professionals, projecting a need for one million skilled workers by 2026. Engineering education is adapting through cross-disciplinary approaches and industry integration to meet this demand. The number of B.Tech seats has increased, particularly in Computer Science and AI-related fields, reflecting the industry's strong need for AI talent. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xM49olz

Higher steel tariffs to dent exports as companies look at other markets

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The Trump administration's doubling of import duties on steel and aluminum is poised to negatively impact India's export demand, compelling companies to explore alternative markets. US importers are slowing orders due to increased costs, potentially hindering American firms' production and reducing input demand. India's steel and aluminum exports to the US, valued at $6.2 billion and $0. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ae3pTYP

'Fastest-growing economy for 4th year'

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from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Y5gBk1A

'No more conversion of equity in Voda-Idea'

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from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/HVTsK0a

RBI eyes bank-like rate norms for NBFCs to plug policy gaps

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from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/wbqRkYj

Sebi rejigs F&O rules to reduce trading risks

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SEBI has introduced new regulations to enhance the safety of derivatives trading by limiting open positions in index options. Effective between July and December, these rules link derivatives positions to the cash market, setting limits for net open interest at ₹1,500 crore and gross positions at ₹10,000 crore. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/0XEby56

Sebi bans ex-IndusInd CEO, 4 others

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GF3nqxs

ITC's top shareholder BAT to sell 2.3%, eyes up to Rs 12,000 crore

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0L7MpY2

Deadline to file ITR extended to September 15 amid systems tweaks

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The income tax department has extended the deadline for individual tax return filings to September 15, prompted by significant revisions to tax laws and ITR forms for the assessment year 2025-26. These changes aim to simplify compliance and enhance transparency, necessitating updates to the e-filing utility and providing taxpayers more time to accurately report financial data. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/27j5LQA

India's trade deal with US could unlock new export and market opportunities: Finance ministry report

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India and the US are in trade agreement negotiations, aiming to boost exports and market access. India seeks exemption from US tariffs, while the nation's economy demonstrates resilience with strong domestic fundamentals and government capital expenditure. Despite global uncertainties, India remains the fastest-growing major economy, with positive inflation outlook due to favorable monsoon forecasts and softening food prices. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vrwZDh7

Supreme Court stays liquidation of Bhushan Power & Steel

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The Supreme Court has halted the liquidation process for Bhushan Power & Steel (BPSL) following a plea from JSW Steel, whose resolution plan was previously rejected. The court ordered a status quo to prevent complications, as JSW Steel intends to file a review petition against the earlier judgment. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dPVRnzy

Summer rain: Good for rural sales, hurts urban market; ‘early’ monsoon hits ice cream, soft drink demand in cities where FMCG companies tackle slowdown

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Early monsoons in India present a mixed bag for FMCG companies. Rural consumption of staples like soaps and packaged food is expected to rise, while urban sales of summer-centric products such as soft drinks and ice cream are likely to decline due to unseasonal rains. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ksjQXdn

Government eyes smoother investment path

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The Indian government is actively working to maintain strong FDI inflows by streamlining regulations and offering tailored investment packages to global corporations. Efforts include easing regulatory frameworks at the state level, simplifying sectoral FDI regulations, and addressing investor concerns regarding land availability. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/y23UPEH

Apple pips Xiaomi, enters top 5 in India

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Apple has surpassed Xiaomi in Indian smartphone sales during the first quarter, securing a spot in the top five while Xiaomi's ranking fell to sixth. Vivo leads the market, followed by Samsung, Oppo, and realme. Xiaomi's decline is attributed to regulatory challenges, leadership changes, and a shift towards premium devices that didn't resonate with consumers. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/QziAm9B

NSDL reports nearly 5% rise in Q4 profit to Rs 83.3 crore ahead of IPO

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National Securities Depository Ltd (NSDL) reported a rise in net profit for both the quarter and full fiscal year 2025, alongside announcing a dividend. Ahead of its IPO, NSDL has reduced the issue size to 5.01 crore shares via offer-for-sale. Sebi has extended the listing deadline to July 31, 2025. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qJ3QCOX

Stock market in upcoming week: Global cues, foreign fund trends to drive momentum

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Indian equities are poised for a week influenced by domestic macroeconomic data, global cues, and foreign investor activity. Subdued performance in the previous week was attributed to rising US bond yields and concerns over US debt. Investors will closely monitor India's industrial output, GDP figures, monsoon progress, and developments in US bond markets. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iAlkgmx

Tripura government to develop data centers for AI-5G synergy

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Tripura government is actively developing data centers to foster AI and 5G synergy, aiming to transform the state into a digital hub for the eastern and northeastern regions. With significant progress in 5G deployment and land allocation for data centers, the initiative promises to unlock growth, innovation, and prosperity across various sectors, streamlining administration and saving costs. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/p9Fyt4k

TCS probes possible link to M&S cyber breach

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/U1VRTx0

Donald Trump threatens 25% tariff on Apple — will other tech companies face the heat? Here’s what the US President said

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Donald Trump has warned Apple that iPhones made outside the US could face a 25% tariff, potentially impacting Samsung as well. Trump insists Apple CEO Tim Cook should move production back to America from countries like India. This follows reports of Apple planning to produce most US-sold iPhones in India. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jQr4UPi

Coconut oil on the boil: Price hikes pinch users

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vPCh1xZ

‘On rates, it’s status quo or cuts; concerned about banks’ mis-selling of insurance’: RBI governor Sanjay Malhotra

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ykCWJtE

Bank ex-CMD Subodh Kumar Goel bought property via bribe money: ED

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/egybDrl

Asian markets tank following Wall Street's loses: Nikkei down 300 points, Hang Seng loses 0.3%

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Asian equities tumbled on Thursday, mirroring Wall Street's losses, fueled by US economic anxieties. Concerns over Donald Trump's proposed tax cuts and their potential impact on the US federal deficit intensified pressure on US Treasuries. A weak US government bond auction and Moody's credit outlook downgrade further dampened investor sentiment, halting a recent rally driven by easing China-US trade tensions. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Q5tNBys

Top stocks to buy or sell today: Stock recommendations for May 22, 2025

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Top stock market recommendations: Aakash K Hindocha from Nuvama Professional Clients Group suggests Bosch (SELL), CAMS (BUY), and ONGC (BUY) as top stock picks for today. He anticipates Nifty may decline to 24100, facing resistance at 24800, and Bank Nifty could drop 1000-1200 points. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZYksypj

First quarterly loss for IndusInd Bank in 19 years

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0Q1fd3m

CCPA notice to Uber over ‘advance tip’ feature for faster service, more under scanner

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5i9DydG

India resilient to global tariff policies: Moody's

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dSKvYmL

RIL moves SC against Delhi HC order in $1.7 billion gas dispute with govt

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/yeFKq0C

Starlink set to get final nod for services

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SC6YKZv

Startups bring IPOs back on table as markets rebound

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/J0Em3wK

Rasna buys Jumpin, expands into 'ready to drink' category

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9ZP0nO6

India sees growth in mid-market GCCs

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India sees growth in mid-market global capability centres. Over 140 new GCCs emerged in the last 30 months. These centres plan to create 70,000 jobs. Many mid-sized global firms are setting up these GCCs. Bengaluru, Hyderabad, and Pune are popular locations. Experts predict over 120 new mid-market GCCs by 2026. These centres are expanding beyond just technology. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mKe4nCO

Sebi makes EBP mandatory for all private debt issues above Rs 20 crore

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SEBI has tightened regulations for private debt placements, mandating the electronic book platform for issues of ₹20 crore or more to enhance transparency. The scope of the platform has been broadened to include REITs and InvITs, with new rules for anchor investors and disclosures. These changes aim to streamline fundraising and promote fairness in allotments. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/mDTkEBX

Forced to destroy! US rejects 15 mango shipments from India, exporters estimate losses of $500,000

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US authorities have rejected fifteen mango shipments from India at various airports due to documentation irregularities concerning mandatory irradiation treatment. Exporters face approximately $500,000 in losses as they were compelled to dispose of the fruit locally due to high re-exportation costs. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FgnASw1

Gold price prediction: Will gold prices drop to Rs 88,000 per 10 grams? Experts see downside, here’s what investors should do

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Gold prices are under pressure, having fallen 7% from their April high, testing a crucial support level. Analysts suggest further declines are possible if key support levels break, influenced by reduced expectations for US rate cuts and diminished trade war concerns. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/yEdRDaz

Genesis Advtg & Puretech Digital merge

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/A8NyFgS

Women hold 17% C-suite roles, 1 in 3 junior positions: Survey

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A McKinsey report reveals a stark gender gap in India's corporate leadership, with women holding only 17% of C-suite roles and 20% of board positions. Despite near-equal university enrollment, women are underrepresented in entry-level jobs and face promotion disparities. The report highlights a significant age gap at entry-level and higher attrition rates for women in initial roles. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/YDcbLQJ

SP Group nears $3.4 billion record private credit deal

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/j63MTPD

Sensex slides nearly 1.3k points a day after record 3k point rally

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/RNmeyKp

Bharti Airtel Q4 net surges 77% to Rs 5,223 crore

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jZ04Jcx

Days before fresh trade talks, India initiates WTO action on US steel duties

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VONIGtT

'Stop using such sites': EaseMyTrip's Nishant Pitti calls for boycotting 'Chinese products endorsements' over support to Pakistan

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NjUZE87

US aims to slash drug prices, India shielded

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/QdynVGz

US & China agree to cut tariffs for 90 days in bid to defuse trade war

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AMof3Uw

Sensex soars 2,975 points, largest single-day gain

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MhJczFv

In a 1st for quarter, banks net Rs 1 lakh crore profit

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from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MtsIu7Z

PNB, L&T & more: Top stocks on brokers' radar for May 12

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Nomura remains positive on CG Power despite margin concerns in its railway business, while Citigroup is bearish on PNB due to profitability and asset quality issues. Citi is optimistic about HPCL, revising EBITDA estimates upwards. Motilal Oswal upgraded Aurobindo Pharma, citing diversification and growth potential. Elara Securities suggests accumulating Larsen & Toubro, highlighting international projects and new ventures. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/N4JR1jM

‘Robust economic foundation’: CII sees Indian economy growing at 6.5% in FY26 despite global headwinds

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India's GDP is projected to grow at 6.5% this fiscal year, demonstrating resilience against geopolitical disruptions. CII President Sanjiv Puri emphasizes strategic bilateral trade agreements to counter rising global protectionism. Focus on internal economic drivers like agriculture and domestic competitiveness is crucial, with expectations of further interest rate easing and a rise in rural consumption. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vxeiCh8

Foreign investors pump Rs 14,167 crore in May, despite India Pak tensions

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Foreign investors have injected over Rs 14,167 crore into the Indian equity market this month, signaling strong confidence despite geopolitical tensions. This inflow, driven by positive global cues and robust domestic economic fundamentals, follows April's net investment of Rs 4,223 crore, reversing a three-month outflow trend. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/QJTv9Uu