BusinessMinimum Balance Rules Turn Costly For Customers As Banks Mint Rs 7,100 Crore; HDFC, Axis LeadShawn BernierJuly 30, 2026 by Shawn Bernier Indian banks, both public and private, have collected nearly Rs 7,100 crore as penalties from customers for failing to...
BusinessAxis And Kotak Mahindra Bank Raise DCC Charges; Here’s How Much More You Will Have To PayShawn BernierJuly 30, 2026 by Shawn Bernier Axis Bank and Kotak Mahindra Bank are set to make overseas card transactions costlier by sharply increasing Dynamic Currency...
BusinessKevin Warsh-Led Fed Reserve Keeps Interest Rates Unchanged After High-Stakes MeetingShawn BernierJuly 29, 2026 by Shawn Bernier The Federal Reserve on Wednesday left its benchmark interest rate unchanged at 3.5%-3.75%, marking the fifth consecutive meeting without...
BusinessGold Loans Portfolio By Banks, NBFCs To Expand Over 30% By 2027-28: ReportShawn BernierJuly 29, 2026 by Shawn Bernier Gold loan delinquencies at non-banking financial companies (NBFCs) could rise in the near term even as organised gold loans...
BusinessSecurities Markets Code to Bring Clarity to India’s Virtual Digital Assets Ecosystem Through SRO FrameworkShawn BernierJuly 29, 2026 by Shawn Bernier The Parliamentary Standing Committee has submitted its report on the Securities Markets Code, 2025 to the parliament, broadly backing...
BusinessElon Musk Rolls Out X Money, Expanding X Into A Digital Payments PlatformShawn BernierJuly 28, 2026 by Shawn Bernier Elon Musk has rolled out X Money, a new digital banking service that allows users to hold deposit accounts,...
BusinessDelhi High Court Orders Winding Up Of Paytm Payments BankShawn BernierJuly 28, 2026 by Shawn Bernier The worry for Paytm intensifies as the Reserve Bank of India (RBI) has said that the Delhi High Court...
BusinessHUL Q1 FY27 Results: Net Profit Down 3% YoY; Shares Plunges Over 6%Shawn BernierJuly 28, 2026 by Shawn Bernier Hindustan Unilever Ltd (HUL) reported a decline in its consolidated profit for the April-June quarter of FY27, even as...
BusinessGovt Approves RBI Trial of Rs 10 And Rs 20 Polymer NotesShawn BernierJuly 27, 2026 by Shawn Bernier The Union Finance Ministry has approved the Reserve Bank of India (RBI) proposal to conduct field trials of Rs...
BusinessLayoffs Season Over? AI Job Fears Ease As Big Companies Resume HiringShawn BernierJuly 27, 2026 by Shawn Bernier The big companies are once again back to the hiring spree years after holding back saying they need more...