RBI Announces Rs 32,000 Crore Underwriting Auction for Government Securities
The Reserve Bank of India (RBI) has just dropped a major update for the financial markets. An underwriting auction for government securities worth a staggering Rs 32,000 crore is set…
Rupee Gains 16 Paise Against US Dollar Amid Trade Optimism
The Indian rupee saw a positive move on Friday, rising 16 paise to close at 85.39 against the US dollar. The appreciation came as the American currency weakened in global…
RBI Bans Prepayment Penalties on Business Loans, A Win for MSEs
In a major move to ease financial burdens, the Reserve Bank of India (RBI) has announced that banks and financial institutions can no longer charge prepayment penalties on floating rate…
How Jane Street Manipulated Indian Markets for Rs 36,000 Cr Illegal Gains
The stock market is no stranger to manipulation, but few cases are as brazen as what unfolded in India involving US-based trading giant Jane Street. The firm, which started operations…
How Cloud Mining Can Generate $8717 Daily Passive Income in 2025
Struggling to find the right investment opportunity? Cryptocurrency cloud mining might be your answer. As we step into 2025, this innovative method is revolutionizing the way people earn passive income…
GST Collections Hit Rs 1.85 Lakh Crore in June, Up 6.2% YoY
India’s GST collections continue to show strong growth, reaching Rs 1.85 lakh crore in June 2024. This marks a 6.2% increase compared to the same period last year, signaling steady…
India’s Tax Reforms and Digital Push Boost Revenue, Says FM Sitharaman
Union Finance Minister Nirmala Sitharaman recently highlighted India’s significant progress in tax reforms and digital transformation at the Third Plenary Meeting during the #FFD4 in Seville, Spain. She emphasized how…
Bank NPAs Hit Multi-Decade Low at 2.3%, Says RBI Report
The Indian banking system is showing signs of robust health, with gross non-performing assets (NPAs) dropping to a multi-decadal low of 2.3% in March 2025, according to the latest RBI…
ASDC Aims to Skill 5 Lakh Individuals in Current Fiscal Year
The Automotive Skills Development Council (ASDC) has announced an ambitious plan for the current financial year. Their goal? To train, upskill, and provide apprenticeship opportunities to a staggering 5 lakh…
Gen Z Loves SIPs, Millennials Prefer Insurance: Survey Reveals
A recent survey by Policybazaar has shed light on the financial preferences of India’s Gen Z and Millennials. The findings reveal a clear divide between the two generations when it…