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INDIA AT WEF
Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise ratesFCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...- Canara Bank, Bank of Baroda increase lending rates: Why loan EMIs for these borrowers may riseBank of Baroda and Canara Bank have raised their lending rates. These changes are effective from June 12, 2026. Loans linked to these rates...
- Rajya Sabha Chairman accepts TMC MP Sukhendu Sekhar Ray's resignationRajya Sabha Chairman C P Radhakrishnan accepted the resignation of TMC member Sukhendu Sekhar Ray. His seat from West Bengal is now vacant....
- Bengaluru property tax: e-Khata open house to be held on May 30, 2026 at these areas under Bhoo Guarantee schemeBengaluru citizens can attend an e-Khata open house on May 30, 2026. This event, part of the Bhoo Guarantee- 6th guarantee scheme, offers o...
- WEF sees India as bright spot amid Iran warIndia is poised to take the lead as the premier growth engine globally, the WEF said, with economists optimistic about substantial progress...
- Environment Ministry's advisory panel gives nod for forest diversion to build Kalai-II hydel project in ArunachalThe Environment Ministry's forest advisory committee has given the green light for the Kalai-II hydroelectric project in Arunachal Pradesh,...
- Global growth to weaken, India stands out with strongest growth prospect: WEF surveyIn its latest Chief Economists' Outlook, the World Economic Forum (WEF) said nearly nine in ten chief economists surveyed expect global gro...
- RBI approves 3-month extension for Fino Payments Bank interim CEOFino Payments Bank announced that the Reserve Bank of India has approved a three-month extension for Ketan Merchant as interim CEO. This fo...
- Bank of India hikes FD interest rates on select tenures: Senior citizens to earn up to 7.45% rateBank of India has raised interest rates on fixed deposits for tenures between one and three years. These new rates are effective from May 1...
- Loan EMIs set to increase: Canara Bank raises lending rates by 5 bps on these tenures; Bank of Baroda MCLRs remain unchangedCanara Bank has revised its lending rates. The bank increased its Marginal Cost of Funds Based Lending Rate by 5 basis points for all loan ...
- SBI employees’ 2-day strike on May 25, 26: Pension fund manager option to ‘NPS employees’, parity issue among 16 demandsSBI employees' nationwide strike May 25, 26: The demands raised by the federation include recruitment of messengers and armed guards, adequ...
- Coal India commissions 100 MW solar power project in GujaratState-owned Coal India Limited has commissioned a 100 MW solar power project in Gujarat. This marks a significant step in the company's ren...
- FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
- NCLAT stays CCI penalty on computer chip maker Intel CorpA two-member bench stayed the penalty last week until the next hearing. Intel Corporation has challenged the CCI's February order imposing ...
- DA hike announcement: How salaries of Level 1-18 employees will rise after 2% dearness allowance hikeDA hike for central government employees: A 2% hike in DA will take it from its current rate of 58% to 60%. With this hike, dearness relief...
- Cabinet meeting key decisions: Maritime insurance pool, DA hike for 1.18 crore government staff, new rail corridor among othersThe Union Cabinet has approved significant decisions impacting infrastructure and social security. A new Bharat Maritime Insurance Pool wil...
- DA hike delay: NC-JCM seeks cabinet secretary's intervention for dearness allowance announcementWhile the NC-JCM reached out to the cabinet secretary, one of its affiliated bodies, the Confederation of Central Govt. Employees & Workers...
- DA hike delay: Central government employee body to hold protest over dearness allowance delayIn a letter to the Cabinet Secretary of India, the Confederation of Central Govt. Employees & Workers (CCGEW) writes that its affiliated or...
- Europe missed AI bus, but India has potential to catch up: Former WEF directorAs the world grapples with the challenges of a perfect storm - war, energy crisis, and the upcoming AI crisis - India emerges as a bright s...
- GPF interest rate for government employees: Has Finance Ministry changed GPF interest rate for April-June 2026 quarter?The Ministry of Finance has announced the General Provident Fund (GPF) interest rate for the April-June 2026 quarter will remain at 7.1%. T...
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