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Following repo cut, PSBs reduce rates more than private counterparts

The Reserve Bank of India has already cut its key repo rate by 100 basis points in an effort to jumpstart growth in the economy

Indian Bank Q1FY26 results: Consolidated profit down 11.4% at ₹ 2,276.37 cr

The bank's total income for the period under review grew by 10 per cent to Rs 18,905.60 crore, up from Rs 17,117.76 crore in Q1 FY25

Double contribution convention to help Indian workers and firms in UK: Govt

India and the UK agree on a Double Contribution Convention that will benefit Indian workers and firms in the UK by exempting social security contributions for up to three years

Bajaj Finance Q1FY26 results: Net profit rises 22% to ₹4,765 crore

Bajaj Finance reports a 22% rise in Q1 net profit to Rs 4,765 crore for the quarter ended June 2025, driven by growth in interest income and assets under management

Indian Bank Q1FY26 results: Consolidated profit down 11.4% at ₹ 2,276.37 cr

Indian Bank's consolidated net profit dips 11.4% in Q1 FY26, while standalone net profit rises 24%, with improvements in asset quality and advances

Net ECB inflows rise to $4.4 billion in April-May 2025, shows RBI data

External Commercial Borrowing inflows surge to $4.4 billion in April-May 2025, driven by capital expenditure, despite a slowdown in new ECB registrations

Union Bank of India waives charges for non-maintenance of minimum balance

Union Bank of India waives charges for non-maintenance of minimum balance in general savings accounts, effective from September quarter-end, to support inclusivity

Wipro, Saudi's National Grid ink deal to boost operational efficiencies

Wipro signs a multi-year agreement with Saudi National Grid SA to implement a smart meter data management system, improving grid stability and operational efficiencies

EVeez raises $5.4 mn to expand electric mobility services for gig workers

EVeez secures $5.4 million in Series A funding to scale its electric two-wheeler subscription service, targeting gig workers across India

Buying a new car? Here are the best car loan rates and charges

Buying a new car is an exciting moment, but be careful of charges that banks may impose, and make sure to pick the best car loan available in the market

Edge data centre capacity in India likely to triple by 2027, says Icra

India's edge data centre capacity will increase threefold by 2027, growing to 200-210 MW from 60-70 MW in 2024, driven by the proliferation of emerging technologies, according to Icra

Technical glitch delays Multi-Commodity Exchange trading by an hour on Wed

A technical outage delayed trading on the Multi-Commodity Exchange by an hour, as brokers were unable to place orders until the issue was resolved at 10:15 am

Flows into NRI deposits moderate to $1.9 billion in April-May 2025

NRI deposit inflows fell to $1.9 billion in April-May 2025 from $2.8 billion a year earlier, with declines across FCNR, NRE and NRO categories, RBI data showed

Angel One, LivWell announce ₹4 billion JV for digital life insurance

Angel One and LivWell announce a joint venture to set up a digital-first life insurance firm in India with Rs 4 bn capital, aiming to improve access and affordability

Apollo, Siemens collaborate to advance liver healthcare with AI innovation

Apollo and Siemens Healthineers will collaborate on AI and imaging research for early detection, diagnosis, and monitoring of liver diseases including MASLD in India

Kotak Mahindra Bank targets affluent clients with 'Solitaire' launch

According to the bank, the eligibility hinges on salaried individuals maintaining a relationship value of ₹75 lakh with the bank, and ₹1 crore for self-employed individuals

Gupshup raises $60 million to expand Conversational AI capabilities

Gupshup raised over $60 million in equity and debt funding from Globespan and EvolutionX to scale its Conversational AI platform and grow across high-potential markets

TCS delays onboarding of over 600 experienced execs: NITES to govt

NITES urges Labour min to intervene after TCS delays onboarding 600 professionals, despite commitments via offer letters. It also calls for compensation and mental health support for affected hires

HKMA penalises IOB's Hong Kong branch for breaching AML regulations

The Hong Kong Monetary Authority imposes a penalty on Indian Overseas Bank's Hong Kong branch for violating anti-money laundering regulations from May 2021 to January 2024

NSDL's listing deadline extended; Wealth Company MF to unveil 4 schemes

Manufacturer of gold jewellery Shanti Gold International on Tuesday fixed a price band of ₹189-199 per equity share for its upcoming ₹ 360 crore initial public offering (IPO)