Check how much you need to maintain in HDFC, SBI, Kotak Mahindra, among other private and public sector banks’ savings accounts amid ICICI Bank’s move to hike its minimum balance requirement to ₹50,000/month for its metro and urban branches. Minimum balance rule in banks: Banks in India have different slabs of monthly account balance…
Despite recent tariff threats from President Trump, the Indian stock market shows resilience, yet experts warn of potential volatility. With a focus on select sectors, investors are advised to stay cautious and consider diversifying into gold and fixed income as a hedge against uncertainties. At first glance, it appears that the Indian stock market is…
The Adani Group is exploring a tieup with Chinese EV giant BYD Co. that would allow billionaire Gautam Adani’s conglomerate to manufacture batteries in India and extend its push into clean energy, according to people familiar with the matter. Adani is personally heading discussions with BYD executives, which have taken place as recently as…
Morgan Stanley also issued a ‘Bear’ case scenario, where Sensex drops to 70,000 by July 2026. This holds 20 percent probability, according to the international brokerage. Morgan Stanley sees Sensex at 1 lakh in bull case by June 2026, cites potential triggers for re-rating Global brokerage Morgan Stanley on August 4 issued a positive note…
Although collections remained above Rs 1.8 lakh crore for a seventh consecutive month, they were lower than the Rs 2.1 lakh crore average achieved in the first quarter of FY26 GST collections for July GST collections rose to Rs 1.96 lakh crore in July, recording a faster 7.5 percent increase from the year-ago period, according…
US President Trump’s tariff and penalty on India has sparked concerns over trade, inflation and foreign flows. Global markets expert Seth Freeman does not believe the levies will trigger an outflow, and advised investors to keep a ‘slow and steady’ approach. As the US sharpens its trade stance, India has found itself in the crosshairs…
Regular engagements with global investors to address their concerns, further simplifying processes as well as easing compliances to boost inflows are part of the plan ODI refers to investments made by Indian entities and residents overseas. The Centre’s key ministries are preparing a coordinated action plan to revive investor sentiment and boost capital inflows following…
The Singapore Tourism Board has signed an initial pact with domestic carrier IndiGo to boost tourism and travel between the two countries, a statement said on Thursday. The Singapore Tourism Board has signed an initial pact with domestic carrier IndiGo to boost tourism and travel between the two countries, a statement said on Thursday.…
The company plans to raise Rs 2,150 crore (around $250 million) through a fresh issue of shares as part of the offering, Moneycontrol earlier reported. Lenskart is likely to skip the confidential filing route offered by SEBI and instead proceed with a standard DRHP filing Omnichannel eyewear brand Lenskart has filed its draft red herring…
India’s largest IT services firm, TCS, plans to lay off 12,261 employees—around 2% of its global workforce—this year. TCS will reduce workforce by 2% or 12,261 employees primarily in middle and senior grades Layoffs are skill and capability based, not driven by AI productivity gains IT Ministry is monitoring and emphasising employment growth and skilling…