The Indian government is testing new ATMs that dispense ₹10, ₹20, and ₹50 notes and coins to address the persistent shortage of small-denomination currency affecting daily transactions nationwide.
Axis Bank reported a 3% year-on-year increase in net profit to Rs 6,490 crore for the December quarter, driven by robust loan growth and higher fee income, despite a moderation in margins.
Insurance ombudsman reports 8-10% annual increase in AYUSH-related complaints in Tamil Nadu and Puducherry following IRDAI's April 2024 directive for equal treatment coverage.
Axis Bank is evaluating various strategies to inject capital into its consumer lending arm Axis Finance, including stake sales and direct infusion, following recent RBI regulatory changes that prompted a fresh assessment.
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Banking operations at public sector banks across India will be disrupted on Tuesday as unions proceed with a nationwide strike demanding immediate implementation of a five-day work week, affecting cash deposits, withdrawals, and cheque clearances.
Trump accounts, new tax-advantaged savings vehicles for children, are becoming a major workplace benefit with employer matches from firms like BNY and BlackRock. This development opens career opportunities in financial services, HR, and public policy whil
Bank employee unions call nationwide strike on January 27, 2026, affecting public sector banks. Digital services like UPI, ATMs to remain operational despite branch closures.
Deloitte recommends tax parity, GAAR exemptions, and TDS relief in Budget 2026 to enhance IFSC GIFT City's competitiveness as an international financial services hub.
Banking operations across India face disruption on January 27 as unions strike for a 5-day work week, affecting cash deposits, withdrawals, and cheque clearances at major public sector banks.
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Ahead of Union Budget 2026, Nasscom urges government to extend ESOP tax deferment to all DPIIT-recognized startups and clarify tax rules for foreign cloud providers using Indian data centers.
Silver prices have surged 200% in 12 months, compressing the gold-silver ratio from 127 to 50. Analysts debate implications for investors as both metals hit record highs.
Gold prices surge above $5,000 per ounce and silver hits $108.60 as geopolitical risks and policy uncertainties drive safe-haven demand. Experts analyze portfolio implications and the distinct roles of both precious metals in today's volatile markets.
National Financial Reporting Authority aims to inspect ten audit firms this financial year while exploring AI tools to enhance audit oversight and improve compliance with accounting standards.
Indian auto stocks like Tata Motors and Mahindra & Mahindra face scrutiny as India plans to cut import tariffs on EU cars from 110% to 40%, boosting European luxury brands.
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Finance Minister Nirmala Sitharaman presents her ninth consecutive Union Budget on February 1, focusing on tax reforms, customs duty overhaul, and debt-to-GDP reduction amid global uncertainty.
Federal Reserve Vice Chair Michelle Bowman is implementing sweeping changes to bank supervision, reducing staff, and revising rules, while facing internal tensions and political pressure from the Trump administration.
Bank of Baroda, India's second-largest public sector bank, is preparing to raise approximately $500 million through US dollar bonds under its $4 billion medium-term note programme, targeting non-US investors in Europe and Asia.
Gold surged 64% in 2025, its biggest annual gain since 1979, driven by safe-haven demand, US rate cut bets, central bank buying, de-dollarisation, and ETF inflows. It's up 18% this year.
India's tax revenue growth has been sluggish in the first half of FY26, but CAREEdge Ratings forecasts a significant improvement in FY27, driven by economic recovery and policy measures.
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Uday Kotak, founder of Kotak Mahindra Bank, receives Padma Bhushan award, expressing humility and commitment to India's economic growth with a 'miles to go' mindset.
Kotak Mahindra Bank's Q3 PAT grew 4% to ₹3,446 crore, with margins impacted by operating expenses. However, robust deposit growth and improving asset quality signal potential recovery ahead.
Gold prices soared past $5,000 per ounce for the first time, prompting Robert Kiyosaki to reaffirm his bullish outlook with a $27,000 target. The surge is driven by geopolitical risks, dollar weakness, and safe-haven demand.
Silver prices have surged over 200% in 12 months, outperforming gold's 80% rise, compressing the gold-silver ratio to near 50. Motilal Oswal advises rebalancing portfolios toward gold for near-term stability while maintaining long-term silver exposure.
Axis Bank reports a 4% year-on-year increase in consolidated net profit to Rs 7,044.42 crore for Q3 FY25, driven by strong operational performance and improved asset quality.
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Indian households continue investing in equities through mutual funds despite moderation in direct participation, with cumulative holdings reaching Rs 84 lakh crore, reflecting long-term confidence.
With just one week until Finance Minister Nirmala Sitharaman presents Union Budget 2026, fintech leaders outline expectations for growth capital, tax incentives, regulatory clarity, and cybersecurity support to sustain India's digital payments revolution.
Axis Bank announces Q3 FY26 results today, January 26, 2026. Analysts predict a 1-7% YoY net profit decline, 2% NII growth, and NIM contraction. Key focus on asset quality and loan growth.
Gold prices in India soared on Republic Day 2026, with MCX closing at ₹1,55,963 per 10 grams. Global factors like Trump's trade threats and geopolitical tensions drive the rally, while major cities report near-record highs.
Specialised Investment Funds (SIFs) in India are projected to exceed Rs 1 lakh crore by 2028, driven by strong growth and downside protection features, according to a recent report.
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Public and private banks across all Indian states and Union Territories remain closed today, Monday, 26 January 2026, for Republic Day celebrations. This marks a long weekend in many regions.
