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FISCAL YEAR INTEREST ADVANTAGE
RBI's FCNR push may boost banks' deposit growth: CrisilForeign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. Th...
India needs 7-8% growth for Viksit Bharat, private investment and export push crucial: EAC-PM ChairmanIndia needs sustained 7-8% economic growth to become 'Viksit Bharat' by 2047, driven by private investment and exports. Structural reforms ...
Quote of the day by father of economics Adam Smith: ‘Civil government, so far as it is instituted for the security of property, is in reality…’ – Warning about wealth, power, and societyAdam Smith, the father of modern economics, questioned who governments truly serve. While known for free markets, his writings reveal a dee...
Piyush Goyal, US Trade Representative Jamieson Greer begin talks on trade pactIndia and the US are in high-level talks to finalize the first phase of their bilateral trade agreement. Commerce Minister Piyush Goyal met...
Meet with Jamieson Greer today; Piyush Goyal says India seeking export edge in US trade dealGoyal said he would be "happy" if a deal is finalised before July 24, when Washington's temporary 10% tariff on trading partners is due to ...
EPFO interest rate update: When will 8.25% EPF interest be credited to your PF account?
Global Market: Japan's benchmark bond yields extend gains as inflation, fiscal concerns weighJapanese government bond yields are climbing as persistent inflation and fiscal concerns weigh on investors. A new government growth strate...
India, US to hold ministerial-level talks on bilateral trade pact this weekIn a significant development, India and the US are set to conclude the first phase of their trade agreement this week. Commerce Minister Pi...
SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
EPFO: When can you get 8.25% EPF interest amount in your provident fund account?EPF subscribers can expect their 8.25% interest for FY2025-26 to be credited this month, as the government has officially ratified the rate...
Kerala CM VD Satheesan presents maiden UDF budget for 2026-27Kerala's Chief Minister VD Satheesan presented the state's first budget for the financial year 2026-27. The government inherited a signific...
Banking liquidity falls to fiscal-year low, pushes up money market ratesMoney market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidi...
SBI’s board clears record Rs 60,000 cr fundraise in FY27State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...
EPFO: Has Employees' Provident Fund Organisation changed 8.25% EPF interest rate for FY25-26EPF interest rate: The government has approved an 8.25% interest rate for Employees Provident Fund deposits for the fiscal year 2025-26. Th...
Nykaa aims to surpass $5 billion in goods sold by fiscal 2030Nykaa aims to surpass $5 billion in gross merchandise value by fiscal 2030, projecting a two to threefold revenue increase and four to five...
HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
Best balanced advantage funds or dynamic asset allocation funds to invest in June 2026Balanced advantage funds are recommended for new investors due to their dynamic portfolio management, adjusting equity exposure based on ma...
Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
Bank of Japan raises interest rates to 31-year highThe Bank of Japan has increased its policy rate to 1.0 percent. This marks a 31-year high for interest rates. The move signals a strong foc...
SBI revises FCNR(B) interest rates up to 5.75%: NRIs, OCIs & POIs can earn more on these depositsFCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...