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Business

ICICI Bank Introduces Higher Minimum Balance Requirements for New Customers: What You Need to Know

ICICI Bank has raised the minimum balance requirements for new savings account holders, with different thresholds for metro, urban, semi-urban, and rural branches. Penalties for no...

Business

Indian States Show Fiscal Resilience in Q1: A 28% Capex Surge Amidst 1.8% GSDP Deficit

In Q1 of FY26, 24 Indian states reported a combined fiscal deficit of Rs 1.5 trillion, or 1.8% of GSDP, with a 28% surge in capex driven by strong tax receipts and a rebound in rev...

Business

Tesla Accelerates into Delhi: Unveiling Its Second Indian Showroom with Cutting-Edge Electric Vehicles

Tesla is set to open its second showroom in Delhi on August 11, expanding its presence in India. The new Experience Centre at Aerocity’s Worldmark 3 will feature the Model Y SUV, w...

Business

Breaking: Indian Government to Table Revised Income Tax Bill in Parliament This Monday

The Indian government will introduce a revised Income Tax bill on Monday, incorporating parliamentary committee recommendations to simplify and modernize tax laws, replacing the 19...

Business

SBI's Stellar Q1 Performance: A 10% Surge in Net Profit to Rs 21k Cr Fueled by Treasury and Forex Wins

State Bank of India reports a 9.7% YoY rise in Q1 FY26 profit to Rs 21,201 crore, driven by strong treasury and forex income. Advances grow 11.6%, with stable asset quality and opt...

Business

Why Reverse Mortgages Face Legal Hurdles in India: Insights from HDFC Bank's CEO

HDFC Bank's CEO discusses the challenges of reverse mortgages in India, highlighting legal and operational issues. The bank is also advancing in technology and AI, aiming for opera...

Business

Redefining Corporate Governance: The Critical Role of Independent Directors in Modern Accountability

Sebi chairman Tuhin Kanta Pandey calls for a redefinition of independent directors' roles, emphasizing accountability, diversity in selection, and the importance of psychological s...

Business

Malaysia Airlines Targets India's Non-Metro Cities as Its Top Revenue and Passenger Market

Malaysia Airlines Berhad highlights India as its top market, planning expansion into non-metro cities due to high passenger and revenue potential. With 77 weekly flights and plans ...