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Finance

Bank Of Baroda Announce 25 bps reduction in RBI Policy Rate

On April 10, the country-owned Bank of Baroda (BoB) declared that its clients could straight away acquire a 25 bps in RBI Policy Rate. Per a declaration from the BoB, the bank has reduced its outside benchmark-linked lending rates for loans to the retail and MSME sectors by 25 bps, ensuring that customers will right

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Finance

Jio Financial Services Expand Loan Services Against Securities

Jio Financial Services Limited, has expand its loan services by introducing loans against securities.  In a statement, the employer said that the new providing will allow customers to leverage their investments, includes shares and mutual funds, to avail loans of as much as INR 1 Cr with interest rates beginning at 9.99%. The company claimed

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Finance

RBI cuts Repo Rate by 25 bps to 6%, Make Home Loans Cheaper

The Reserve Bank of India has reduce Repo Rate by 25 basis points, bringing it down to 6 %. This will reduce borrowing expenses for banks and allow them to lend cash to individual customers at less rates, reduce EMIs for loans. RBI Governor Sanjay Malhotra stated today that the Monetary Policy Committee had voted

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Finance

SEBI Impose New NFO guidelines from 1 April, to bring transparency in the Mutual Fund Industry

Its April 1 and an entire lot of regulatory adjustments are taking impact starting today. Apart from the key Income Tax adjustments, SEBI Impose New NFO guidelines that will effect starting today. As per the Securities and Exchange Board of India (SEBI), Asset Management Companies (AMCs) must install a budget raised in New Fund Offers

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Finance

Bank strike today on 24 March to demand 5 day workweek

The Bank strike of the United Forum of Bank Unions (UFBU) between March 24 and 25 disturbing a 5-day work week for the banking sector and regularisation of temporary employees has been postponed indefinitely. The declaration of the postponement of strike got here on Friday after discussions among the leader work commissioner and other events.

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Finance

IRFC dividend date 2025 set to announce today on 17 March

Shares of Indian Railway Finance Corporation (IRFC) traded higher in early exchange on Monday as buyers awaited the board’s choice on a second meantime dividend for FY25. At 10:18 am, IRFC shares have been up 0.42% at Rs 118.20 at the Bombay Stock Exchange (BSE). The company’s board will meet today, March 17, to decide

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Finance

Tamil Nadu Replaces Rupee Symbol (Re) to (Ru) in 2025/26 state budget

Tamil Nadu on Thursday changed the rupee symbol (Re) in promotional update for the 2025/26 nation budget – for you to be given Friday morning – with a Tamil letter (Ru). Posters for ultimate year’s finances included the Re symbol. The Tamil Nadu Replaces Rupee Symbol and this change highlighted after CM MK Stalin shared

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Finance

US CPI declines to 2.8% in February, below market expectation of 2.9%

United States market faces inflation, and it is measured by changes in Consumer Price Index (CPI). US CPI declines to 2.8% in February from 3% in January, as per US Bureau of Labor Statistics (BLS) reports. This reading came below the market expectation of 2.9%. The CPI increase to 0.2% on a monthly basis after

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Finance

Lilavati Hospital Fraud case of 1200 Crore, filed a complaint against its 7 ex-trustees

Lilavati Hospital, Mumbai has filed complaint with ED against their 7 ex-trustees. It alleged the financial embezzlement exceeding to Rs 1,200 crore. After the Lilavati Hospital Fraud case, LKMM accused them of siphoning off the trust funds by fraudulent investments, kickbacks, and illegal offshore transactions. The fraud came following a forensic audit that uncovered “large-scale

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Finance

CM Siddaramaiah passed Karnataka Budget 2025: Total outlay of Rs 4 lakh crore, additional 1,800 crore for Brand Bengaluru

Chief Minister Siddaramaiah presented the Karnataka government’s budget 2025, with the total outlay of Rs 4,08,647 crore. The Karnataka Budget 2025 focuses on Galuru overall infrastructure, religious allocations, cinema promotion, and women’s empowerment and maintains fiscal prudence. It was higher ever budget for state, with over Rs 4 lakh crore as outlay. Siddaramaiah laid the

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Oscars 2025: Full List of Winners from the 97th Academy Awards