Banking

Congress mocks PM as rupee continues its steep slide.

Congress mocks PM as rupee continues its steep slide.

Congress mocks PM as rupee continues its steep slide. The rupee opened at 89.46 to the dollar but soon recovered slightly to 89.17, giving a small 49-paise relief after yesterday’s sharp slide. The Congress on Monday sharpened its political attack on Prime Minister Narendra Modi, using the rupee’s latest slide against the US dollar as […]

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Fake tax officers loot ATM cash van escape with ₹7 crore

Fake tax officers loot ATM cash van escape with ₹7 crore

Fake tax officers loot ATM cash van escape with ₹7 crore Men disguised as central tax officers intercepted a CMS cash van, seized cash boxes, briefly detained the staff, and fled. Police are now scanning citywide CCTV to track the gang. Bengaluru witnessed a dramatic daylight robbery on Tuesday when a group of men, cleverly

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RBI says J&K has 17.2 lakh unclaimed accounts worth ₹466 crore

RBI says J&K has 17.2 lakh unclaimed accounts worth ₹466 crore

RBI says J&K has 17.2 lakh unclaimed accounts worth ₹466 crore RBI’s Chandra Shekhar Azad said Jammu district alone holds 2.94 lakh unclaimed accounts, together valued at about ₹107 crore. Jammu: Jammu and Kashmir has over 17.20 lakh unclaimed bank accounts with an outstanding value of ₹465.79 crore, a figure that has prompted the Reserve

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Asian Markets Mixed After Wall Street Retreat From Records

Asian Markets Mixed After Wall Street Retreat From Records

Asian Markets Mixed After Wall Street Retreat From Records Japan’s benchmark Nikkei 225 rose 0.2 percent in morning trade, reaching 44,995.79, reflecting cautious optimism among investors despite broader Asian markets showing mixed performance after Wall Street’s retreat. Asian Markets Mixed as Investors Await Fed Rate Decision, Japan Faces Tariff Strain Tokyo: Asian markets opened mixed

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US says more tariffs on Russian oil buyers

US says more tariffs on Russian oil buyers

US says more tariffs on Russian oil buyers Cooperation and future transatlantic priorities. US Treasury Secretary Warns Russian Economy Could “Collapse” Under New Sanctions, Trump Slaps 50% Tariff on India’s Oil Imports Washington: US Treasury Secretary Scott Bessent on Sunday said Russia’s already strained economy could face a “collapse” if Washington, together with the European

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Indian stock market falls after RBI decision.

Indian stock market falls after RBI decision.

Indian stock market falls after RBI decision. Among the IT stocks, Coforge emerged as the biggest loser of the day, witnessing a sharp decline of 3.49 per cent. The stock faced selling pressure amid broader market weakness and negative sentiment following the RBI’s policy announcements. RBI Keeps Repo Rate Unchanged: Indian Stock Market Reacts Cautiously

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RBI keeps interest rate steady to ensure stability.

RBI keeps interest rate steady to ensure stability.

RBI keeps interest rate steady to ensure stability. RBI Governor Sanjay Malhotra announced that the growth rate projection for the financial year 2025-26 (FY26) has been retained at 6.5 per cent. He emphasized that the Indian economy continues to show resilience amid global uncertainties, and the central bank remains focused on maintaining macroeconomic stability. The

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Rupee falls 29 paise to 87.7 against dollar.

Rupee falls 29 paise to 87.7 against dollar.

Rupee falls 29 paise to 87.7 against dollar. On Monday, foreign institutional investors (FIIs) pulled out a significant sum from Indian equities, offloading stocks worth ₹2,566.51 crore on a net basis, according to data from the exchanges. This move signals a cautious stance by global investors amid ongoing market uncertainties and shifting global cues. Such

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Anil Ambani summoned by ED Tuesday in loan fraud case.

Anil Ambani summoned by ED Tuesday in loan fraud case.

Anil Ambani summoned by ED Tuesday in loan fraud case. The Enforcement Directorate has summoned Anil Ambani for questioning on Tuesday in connection with an ongoing money laundering probe. The case involves alleged bank loan fraud worth several crores of rupees linked to his group companies. Officials said the questioning is part of efforts to

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New UPI Rules Limit Balance, Auto-Pay August 1.

New UPI Rules Limit Balance, Auto-Pay August 1.

New UPI Rules Limit Balance, Auto-Pay August 1. Starting August 1, new UPI rules will limit the number of balance checks and auto-pay request timings per app. This aims to reduce server load and improve system efficiency across the digital payment ecosystem. Mumbai: New UPI Rules from August 1 to Improve Safety, Speed, and Reduce

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