Next-Gen GST Reforms to Boost Economy and Simplify Taxes
The Finance Ministry has unveiled a bold new roadmap for next-generation GST reforms, aligning with Prime Minister Narendra Modi’s vision of a streamlined tax system that benefits all. In his…
New-Age IPOs Struggle to Deliver Long-Term Gains: Study
A recent study has revealed that a majority of new-age IPOs, despite their initial hype and strong listing-day performances, fail to deliver long-term gains for investors. The research tracked 25…
RBI Rate Cuts Unlikely as Inflation Hits 98-Month Low
The Reserve Bank of India (RBI) may hold off on further rate cuts this year as inflation continues to moderate, according to a recent report by SBI Research. With August’s…
Probo’s Learning Ecosystem Surpasses 60,000 Users, Eyes 1 Lakh by 2026
Financial literacy is taking center stage in India, and Probo is riding the wave. The opinion trading platform has hit a milestone, crossing 60,000 active users. The company expects this…
Rupee Dips to 87.69 Against US Dollar Amid Depressure Pressures
The rupee edged lower in early trade on Wednesday, slipping 6 paise to 87.69 against the US dollar. Forex traders pointed to lingering depreciation pressures and persistent foreign fund outflows…
RBI Says Banks Can Set Minimum Account Balance Rules
In a recent clarification, RBI Governor Sanjay Malhotra stated that the Reserve Bank of India does not regulate minimum balance requirements for savings accounts. Instead, banks have full freedom to…
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…