ATM charges to rise from May 1; RBI limits free transactions
Apr 30, 2025, at 04:54 pm
Mumbai: Starting May 1, 2025, new rules set by the Reserve Bank of India (RBI) will revise the number of free ATM transactions customers are entitled to each month, and increase the maximum fee banks can charge once that limit is exceeded.
Srijan Realty and Primus Senior Living introduces multi-generational community
Apr 30, 2025, at 04:33 pm
Kolkata/IBNS: A collaboration of Srijan Realty and Primus Senior Living earlier this month presented an idea of a fully managed, purpose built, multi-generational senior living community set within Srijan Ganga City.
Ambuja Cements Q4 profit drops 9% YoY, slumps over 50% sequentially despite revenue growth
Apr 29, 2025, at 11:28 pm
Mumbai: Ambuja Cements, part of the Adani Group, reported a 9% year-on-year decline in consolidated net profit for the fourth quarter of FY25, with earnings slipping to ₹956.27 crore from ₹1,050.58 crore a year earlier.
Foxconn revenue in India doubles to over $20 billion on iPhone boost, headcount rises 65%: Report
Apr 29, 2025, at 11:03 pm
Bengaluru: Taiwanese electronics manufacturing giant Foxconn is said to have more than doubled its revenue from India to over $20 billion (around ₹1.7 lakh crore) in the financial year 2024–25, fuelled by a surge in iPhone production, according to people familiar with the matter.
Adani Green says independent review found no regulatory breach in bribery-linked US case
Apr 29, 2025, at 09:50 pm
Mumbai: Adani Green Energy has said an independent evaluation of its regulatory compliances in connection with an allegation of non-compliance based on which a US court indicted Adani Group Chairman Gautam Adani and two other officials of the company, did not find irregularities on the matter, PTI reported
BPCL Q4 profit drops 8% to ₹4,391 crore; LPG losses cross ₹10,400 crore in FY25
Apr 29, 2025, at 06:33 pm
Bharat Petroleum Corporation Ltd (BPCL) posted a standalone net profit of ₹4,391 crore for the January–March quarter (Q4 FY25), marking an 8% decline compared to the same period last year. The company attributed the hit to substantial losses from selling domestic liquefied petroleum gas (LPG) below cost.
Apr 29, 2025, at 06:27 pm
New Delhi: India is considering easing foreign direct investment (FDI) norms to permit Chinese companies to own up to 26% equity in joint ventures in specific, critical electronic components, while retaining a tighter 10% cap for most other segments, according to a Moneycontrol.com report.
How an Interest Rate Calculator Helps Manage Borrowings and Reduce Loan Stress
Apr 29, 2025, at 04:57 pm
Taking out a personal loan is often an important financial decision. Whether you're planning to renovate your home, fund a big purchase, or cover an emergency expense, understanding the cost of borrowing is essential to ensuring your financial stability. One of the best tools you can use to navigate loan repayments and reduce stress is an interest rate calculator. This handy tool helps you determine the amount of interest you'll be paying on your loan and plan your repayments effectively.
UCO Bank Q4 net profit rises 24% to ₹652 crore; FY25 net profit grows 48%
Apr 28, 2025, at 08:54 pm
Kolkata: UCO Bank reported a net profit of ₹652 crore for the quarter ended March 31, 2025, registering a 23.98% year-on-year (YoY) growth compared to ₹526 crore in the same period last year.
Smart Borrowing: Plan Your Finances Effortlessly with the L&T Finance Personal Loan EMI Calculator
Apr 28, 2025, at 02:33 pm
Managing your finances while planning for big expenses can be tricky. You may want to renovate your home, fund your child’s education, or cover medical bills without disturbing your savings. A Personal Loan often becomes the go-to solution in such cases.
Term Insurance Adoption Among Women in India Increases to 18%
Apr 28, 2025, at 02:19 pm
In recent years, India has witnessed a significant rise in the adoption of term insurance among women, reaching 18%. This increase marks a positive shift in financial awareness and security planning for women across different demographics. Term insurance, a crucial financial tool, provides life coverage at affordable rates, ensuring financial stability for the policyholder's dependents. The growing adoption is influenced by multiple factors, including increased workforce participation, rising financial literacy, and evolving societal norms. This article explores the key drivers behind this growth, the role of savings plans, and the overall impact on financial security for women in India.
Why Second-Hand Car Loans Are a Smart Move for Budget Buyers?
Apr 28, 2025, at 01:59 pm
Buying a car is a significant decision that requires substantial funds, which is why many prefer opting for a pre-owned car. However, using your savings isn't the only option—you can consider financing it with a Second-Hand Car Loan. These loans help you get funds quickly at competitive interest rates. Read this blog to know more about how such a loan can be a smart move for buyers who are on a budget.
India’s forex reserves jump $8.31 billion to $686.15 billion
Apr 27, 2025, at 10:52 pm
New Delhi: India's foreign exchange reserves rose by USD 8.310 billion to USD 686.145 billion in the week ending April 18, according to data released by the Reserve Bank of India (RBI).
India's business sentiment holds firm in Q4 FY25; firms signal optimism on demand and hiring: NCAER
Apr 26, 2025, at 12:35 am
New Delhi: India’s business sentiment remained strong in the fourth quarter of FY25, with the NCAER Business Confidence Index (BCI) inching up to 139.3 from 138.4 in the previous quarter, according to the National Council of Applied Economic Research.
Apr 26, 2025, at 12:10 am
Mumbai: Mukesh Ambani-led Reliance Industries Ltd (RIL) posted a consolidated net profit of Rs 22,611 crore for the March 2025 quarter, marking a 6.4 percent year-on-year (YoY) increase, aided by robust performance in digital and retail segments.
Apr 25, 2025, at 11:35 pm
Chennai: Samsung Electronics will invest ₹1,000 crore in its manufacturing unit near Chennai, Tamil Nadu’s industries minister TRB Rajaa said on Friday, weeks after the facility was rocked by worker protests, media reports said.
China considers 125% tariff rollback on select US imports amid economic pressure
Apr 25, 2025, at 10:45 pm
Beijing: China is weighing partial tariff relief for American imports, signalling a potential softening in its approach to the ongoing trade war with the United States.
Apple to shift entire US iPhone assembly to India by 2026 amid tariff tensions with China
Apr 25, 2025, at 09:19 pm
New Delhi: Apple is preparing to relocate the assembly of all iPhones sold in the United States to India by next year, with the full transition expected to be completed by the end of 2026, the Financial Times reported, citing people familiar with the matter.
Canara Robeco Asset Management Company files for IPO: Report
Apr 25, 2025, at 08:49 pm
Mumbai: Canara Robeco Asset Management Company has filed draft papers for an initial public offering (IPO), with both of its shareholders—Canara Bank and ORIX Corporation Europe—set to divest part of their stakes amid a slowdown in India’s IPO market, Reuters reported.
Apr 25, 2025, at 06:13 pm
New Delhi: India is set to make a major contribution to global steel demand, Union Commerce and Industry Minister Piyush Goyal said on Friday, while underscoring the government's efforts to shield the domestic industry from unfair trade practices and irrational pricing, media reports said.
Maruti Suzuki Q4 profit dips 1% YoY, FY25 net up 7.5%; announces highest-ever dividend
Apr 25, 2025, at 05:11 pm
Gurugram: Maruti Suzuki India Limited on Friday reported a 1 percent year-on-year decline in consolidated net profit for the fourth quarter of FY25, according to a Business Standard report.
Air India may buy Boeing 737 MAX jets rejected by Chinese buyers amid US-China trade tensions
Apr 25, 2025, at 04:47 pm
Mumbai: Air India is in preliminary discussions with US aircraft manufacturer Boeing to purchase about 10 737 MAX jets, Reuters reported citing two individuals with knowledge of the matter.
Axis Bank posts flat Q4 profit at ₹7,117 cr; NII grows 6% to ₹13,811 cr
Apr 24, 2025, at 11:57 pm
Mumbai: Axis Bank on Thursday reported a marginal dip in its consolidated net profit at ₹7,117 crore for the fourth quarter of FY25, compared to ₹7,130 crore in the corresponding period last year.
Trump-era tariffs may dent India’s GDP by up to 0.2-0.5%, says finance secretary Ajay Seth
Apr 24, 2025, at 11:41 pm
Washington, D.C.: India’s Finance Secretary Ajay Seth on Wednesday said that U.S. tariffs imposed under President Donald Trump’s administration could reduce India’s GDP growth by 0.2 to 0.5 percentage points, Reuters reported.
HUL Q4 profit dips 3.7%, but dividend cheer lifts sentiment with ₹53 per share payout
Apr 24, 2025, at 10:48 pm
New Delhi: Hindustan Unilever Ltd (HUL) posted a mixed bag of Q4 FY25 results, with subdued earnings but a standout show of shareholder generosity through an impressive dividend payout.
NTPC Green Energy awards 378 MW wind project to Suzlon
Apr 23, 2025, at 08:42 pm
Pune: Indian multinational wind turbine manufacturer Suzlon has secured a 378 MW wind energy project from NTPC Green Energy Ltd. (NGEL).
BluSmart’s abrupt shutdown hits Tata, Citroën hard
Apr 23, 2025, at 08:27 pm
Tata Motors and French automaker Citroën are facing a major setback following the abrupt suspension of operations by BluSmart, India’s largest all-electric fleet operator, according to a Financial Express report.
LG Electronics pauses India IPO plans amid market volatility
Apr 23, 2025, at 05:36 pm
Mumbai: South Korea's LG Electronics has put the brakes on the planned initial public offering (IPO) of its Indian subsidiary, citing ongoing turbulence in equity markets, Bloomberg reported on Wednesday, quoting sources familiar with the development.
Apr 23, 2025, at 04:39 pm
Tesla’s Chief Financial Officer Vaibhav Taneja said the electric carmaker is still deliberating the right time to enter the Indian market, citing concerns over the country’s steep 100 per cent import duty, which is making potential buyers uneasy about high prices.
Gold price hits historic Rs 1 lakh milestone
Apr 22, 2025, at 02:14 pm
Gold prices in India crossed the Rs. 1 lakh mark in the retail market on Tuesday, triggering excitement among investors.