India’s July 2025 Retail Inflation Dips to 76-Month Low
India’s retail inflation has taken a notable dip, hitting its lowest point in over six years. According to the latest government data, the Consumer Price Index (CPI) dropped to 2.1…
No Plans to Bring Back Old Pension Scheme, Says Finance Minister
The Indian government has made it clear that it has no intention of reinstating the Old Pension Scheme (OPS) for central government employees currently enrolled in the National Pension System…
Lok Sabha Approves SIMPLE Tax Reform: What It Means for You
The Lok Sabha has given the green light to the Income Tax (No 2) Bill, 2025, along with the Taxation Laws (Amendment) Bill. This marks a major shift in India’s…
ICICI Bank Faces Backlash Over Minimum Balance Hike
A civil society group, Bank Bachao Desh Bachao Manch, has raised serious concerns over ICICI Bank’s decision to increase the minimum average balance (MAB) requirement for new savings accounts. The…
Rupee Gains 8 Paise Against Dollar Amid Global Market Watch
The Indian rupee opened stronger on Monday, rising 8 paise to 87.50 against the US dollar in early trade. This uptick comes as the American currency showed signs of weakness,…
India’s GST Agency Cracks Down on Big-Ticket Tax Fraud
India’s GST enforcement agency is shifting its focus. The Directorate General of GST Intelligence (DGGI) is now prioritizing high-impact tax evasion and fraud over minor technical disputes. The move aims…
Govt Appoints Key Members to GST Appellate Tribunal
The Indian government has taken a major step towards streamlining GST dispute resolution by appointing judicial and technical members to the GST Appellate Tribunal (GSTAT). This move aims to make…
Shriram Finance Revises FD Interest Rates Starting August 2025
Shriram Finance Limited (SFL), the flagship company of the Shriram Group, has announced updated interest rates for Fixed Deposits (FDs). The new rates will take effect on August 5, 2025,…
RBI Projects India’s CPI Inflation at 3.1% for FY26 Amid Favorable Monsoon
In a promising update for India’s economy, the Reserve Bank of India (RBI) has projected the Consumer Price Index (CPI) inflation at 3.1% for the financial year 2025-26. This optimistic…
RBI Simplifies Process for Opening Special Rupee Vostro Accounts
The Reserve Bank of India (RBI) has made a significant change to streamline the process for opening Special Rupee Vostro Accounts (SRVAs). On Tuesday, the central bank announced that banks…