BUSINESS

RBI draft rules to streamline claim settlement for deceased account holders

RBI draft rules to streamline claim settlement for deceased account holders

The RBI has proposed standardised forms and uniform procedures for settling claims related to deceased customers’ accounts and lockers within…
ICICI Bank hikes minimum average balance to Rs 50,000 — How will it affect you

ICICI Bank hikes minimum average balance to Rs 50,000 — How will it affect you

Customers of metro and urban branches must maintain a minimum average balance of Rs 50,000 under the new structure —…
Income Tax Dept launches ITR-5 Excel utility for AY 2024-25 filing

Income Tax Dept launches ITR-5 Excel utility for AY 2024-25 filing

The Income Tax Department has released the ITR-5 Excel utility for AY 2024-25, enabling partnership firms, LLPs, and other eligible…
Indian Railways launches discounted round trip scheme for festive travel

Indian Railways launches discounted round trip scheme for festive travel

Indian Railways has launched a discounted ‘Round Trip Package’ for the 2025 festive season, offering a 20 per cent rebate…
India eyes global trade expansion: FTAs underway with US, EU, and more

India eyes global trade expansion: FTAs underway with US, EU, and more

India is actively negotiating Free Trade Agreements (FTAs) with multiple countries including the US, EU, Oman, Chile, Peru, and New…
Jio eyes global leadership in 6G technology

Jio eyes global leadership in 6G technology

As of March 2025, Jio had around 191 million 5G users on its network contributing about 45 per cent to…
Mukesh Ambani draws no salary for 5th year

Mukesh Ambani draws no salary for 5th year

However, the promoter group firms that Reliance Industries chairman controls earn a dividend income of Rs 3,655 crore New Delhi: Asia’s…
Trump ups the ante with additional 25 pc tariff on India for buying Russian oil

Trump ups the ante with additional 25 pc tariff on India for buying Russian oil

In a move to further escalate trade tensions, U.S. President Donald Trump signed an executive order on Wednesday imposing an…
Paytm becomes 100 per cent Indian-owned as Ant Group exits completely

Paytm becomes 100 per cent Indian-owned as Ant Group exits completely

Paytm is now fully Indian-owned after Ant Group exited by selling its residual 5.84 per cent stake. The move marks…
WhatsApp introduces new safety feature to combat scam groups

WhatsApp introduces new safety feature to combat scam groups

WhatsApp has rolled out a ‘Safety Overview’ feature to protect users from being added to unknown groups, as part of…
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