Page 1745 - Latest News
RBI pushes for return of unclaimed bank deposits over next 3 months
Balances in savings or current accounts that have not been operated for 10 years, or term deposits not claimed within 10 years from the date of maturity, are classified as 'unclaimed deposits'
 "RBI pushes for return of unclaimed bank deposits over next 3 months")
Tax clarity for govt staff, DFS releases FAQs on Unified Pension Scheme
The FAQs confirm that the tax incentives applicable to the National Pension System will also extend to UPS, providing certainty to government employees under the new framework
 "Tax clarity for govt staff, DFS releases FAQs on Unified Pension Scheme")
More questions than answers in Nvidia's $100 billion OpenAI deal
Nvidia's initial $10 billion investment would go toward a gigawatt of capacity using its next-generation Vera Rubin chips, with a build-out starting in the second half of 2026
 "More questions than answers in Nvidia's $100 billion OpenAI deal")
Gullak raises $7.5 million Series A to expand reach, strengthen brand
The fresh capital will be used to strengthen brand presence and marketing, expand reach across Tier-II and Tier-III cities, and deepen partnerships with India's largest jewellers
 "Gullak raises $7.5 million Series A to expand reach, strengthen brand")
Blackstone to invest nearly ₹5,000 crore to develop data centre in MMR
Blackstone to invest ₹5,000 crore in 60 MW data centre in Chandivali; India DC sector set for exponential growth with AI, cloud, and 5G demand
 "Blackstone to invest nearly ₹5,000 crore to develop data centre in MMR")
US govt set to favour high-paid workers in H-1B visa process overhaul
Trump administration proposes weighted H-1B visa selection, replacing lottery with wage-based tiers; move could hit Indian IT firms while favoring high-skilled, high-paid roles in US tech
 "US govt set to favour high-paid workers in H-1B visa process overhaul")
Wall Street indexes flat; Fed Chair Jerome Powell flags challenges
Investors are hoping for further reductions to sustain the rally that has allowed Wall Street to scale new highs in September, defying historical trends
 "Wall Street indexes flat; Fed Chair Jerome Powell flags challenges")
Global economy to weaken in 2026; headwinds for India from US tariffs: WEF
Noting that India has emerged as the fastest-growing major economy and is projected to grow by 6.5 per cent in 2025 by IMF
 "Global economy to weaken in 2026; headwinds for India from US tariffs: WEF")
Drivers of app-based taxis in Maharashtra implement govt-notified fare
Drivers of hatchbacks like WagonR are now charging Rs 28 per kilometre, those of sedans like Swift Dzire are charging Rs 31 per kilometre
 "Drivers of app-based taxis in Maharashtra implement govt-notified fare")
Fed chief Powell reiterates no risk-free path amid job, inflation risks
Powell offered no hints on whether he might support a rate cut at the Fed's next meeting, in October
 "Fed chief Powell reiterates no risk-free path amid job, inflation risks")
Rupee hits new low on US visa shock; exporters don't expect much relief
Exporters don't expect much relief; currency may slip to 89.5 vs $ by year-end
 "Rupee hits new low on US visa shock; exporters don't expect much relief")
Trump scraps meeting with Democrats, raising government shutdown risk
"I have decided that no meeting with their congressional Leaders could possibly be productive," Trump wrote in a post on his Truth social media site
 "Trump scraps meeting with Democrats, raising government shutdown risk")
Valuations reflect upside for listed steel majors despite weak Q2
India's steel sector gains from Chinese production cuts, resilient domestic demand and export momentum, though near-term margins face seasonal weakness and input cost pressure
 "Valuations reflect upside for listed steel majors despite weak Q2")
Trump tells UN that climate change is 'greatest con job' globally
Scientists say climate change is real, mostly caused by humans, and getting worse. They point to rising temperatures, stronger storms, and melting ice as clear signs
 "Trump tells UN that climate change is 'greatest con job' globally")
Jio BlackRock Mutual Fund targets consistency as it enters active arena
Jio BlackRock enters active equity space with FlexiCap Fund, leveraging BlackRock's SAE approach and offering a low 0.5% expense ratio via direct channels
 "Jio BlackRock Mutual Fund targets consistency as it enters active arena")
ED questions cricketer Yuvraj Singh for over 7 hours in betting app case
Singh (43), wearing a white T-shirt and pant, reached the agency's office in central Delhi around 12 noon accompanied by his legal team. He left just before 8 pm
 "ED questions cricketer Yuvraj Singh for over 7 hours in betting app case")
9kt to free coins: Gold retailers craft offers to keep festival shine
With gold climbing past ₹1 lakh, jewellers balance budgets and tradition through discounts and exchanges
 "9kt to free coins: Gold retailers craft offers to keep festival shine")
Disclosures do not bind listed firms or create liabilities, Sebi tells HC
The Bombay High Court on Tuesday allowed the companies to withdraw their petition
 "Disclosures do not bind listed firms or create liabilities, Sebi tells HC")
China, India key funders of Ukraine war through Russian oil purchase: Trump
This is not the first time Trump has made such claims. However, New Delhi has repeatedly rejected them, emphasising that its purchases are essential for energy security
 "China, India key funders of Ukraine war through Russian oil purchase: Trump")
Indian equities may see turnaround as downgrades ease: Motilal Oswal
Motilal Oswal says Indian equities could be set for a turnaround as the pace of earnings downgrades slows, liquidity stays surplus, and government measures lift demand
 "Indian equities may see turnaround as downgrades ease: Motilal Oswal")