Banks in India will be closed on Sunday, June 22, 2025. Banks will remain open on Saturday, June 21 Online banking services will continue to operate during holidays.
State Bank of India has reduced interest rates on deposits. The bank lowered retail term deposit rates by 25 basis points. Savings account rates also decreased to 2.5 percent. This decision follows the Reserve Bank of India's repo rate ...more
Indian capital markets are maturing, prompting digital-first companies to "reverse flip" back to India, encouraged by regulatory improvements and a broader investor base. Approximately 40 India-listed tech companies are valued at $90 bi ...more
The Indian government is assisting the auto industry in securing rare earth magnets from China by facilitating communication and ensuring compliance with export regulations. Companies have submitted End User Certificates to China, and i ...more
Despite Iranian ballistic missile attacks targeting Haifa port and a nearby oil refinery in Israel, the Adani Group-led Haifa port remained unharmed, ensuring uninterrupted cargo operations. While shrapnel fell near the port and refiner ...more
India and the US are nearing completion of the initial phase of a bilateral trade agreement, aiming to finalize the text before July 9. India is considering concessions on agricultural products and automobiles in exchange for a 10% duty ...more
Adverse impact close to 7% on net worth of the company seen
Discussions include third-party monitoring, broader disclosure norms and investment restrictions
Naveen Jindal Group also eyes expansion in nuclear power sector, with Jindal Nuclear planning to build 18 gigawatts of nuclear power capacity over next two decades
A sales surge in June is anticipated to arrest the degrowth year-on-year only to a certain extent for the segment, given the high base in the corresponding period last year
Financial Priorities For Middle Class In India: At the same time, generational differences in attitudes toward money—ranging from capital preservation in older generations to risk-taking among Gen Z—are pushing financial advisors and platforms to rethink their approach.
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