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NEW DELHI: The Department of Financial Services (DFS) under the Ministry of Finance has refuted media reports claiming it instructed banks to shut dormant Pradhan Mantri Jan-Dhan Yojana (PMJDY) accounts. In an official statement issued on July 8, the ministry clarified that no such directive has been given and that the reports are “factually incorrect.”“In … Read more
For Indian nationals, the average tourist visa costs are anticipated to rise by 2.5 times, reaching ₹40,000. Seeking a US visa? You will soon have to shell out approximately Rs 40,000! The United States has implemented a new $250 ‘Visa Integrity Fee’ on all non-immigrant visa applications, which will affect technology companies by raising their … Read more
NEW DELHI: An Indian commerce ministry team is set to visit Washington soon for another round of talks with the United States over the ongoing tariff dispute and a proposed bilateral trade agreement, a government official said on Thursday.The dates for the visit are yet to be confirmed, but the team is likely to visit … Read more
India’s GDP is estimated at $4.2 trillion, according to the IMF, with projections indicating growth to $4.27 trillion soon. Nvidia Corporation’s market capitalization has crossed the $4 trillion mark! Nvidia Corporation, the US chipmaker giant, became the first company in the world to cross the $4 trillion market valuation figure. Nvidia achieved this significant milestone … Read more
Asian stock markets mostly advanced on Thursday, supported by hopes that global leaders will reach agreements to ease the impact of US President Donald Trump’s new wave of tariffs. Despite Trump expanding his list of trade penalties, investors remained optimistic, with gains across key Asian indices and US markets continuing to hit record highs.Bitcoin also … Read more
Gold price prediction today: Prices have broken the crucial ₹96,000 support zone, triggering a short-term bearish bias in MCX gold. (AI image) Gold and silver price prediction today: Gold rate is exhibiting a short-term bearish trend as its long-term story of being a safe haven remains intact. Where are gold and silver prices headed in … Read more
Indian markets are expected to be cautious, awaiting the finalisation of the India-US mini trade deal. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Thursday. While Nifty50 was near 25,475, BSE Sensex was above 83,550. At 9:18 AM, Nifty50 was trading at 25,475.90. BSE … Read more
Bitcoin surged to a new all-time high on Wednesday, driven by growing investor appetite and strong institutional demand as more traditional financial firms adopt the cryptocurrency.Bitcoin touched $111,988.90 before settling at $111,259, marking a 0.4% increase. The digital currency has shown remarkable growth, rising over 18% since the beginning of 2025, showing growing acceptance in … Read more
Nirmala Sitharaman (File photo) NEW DELHI: Easing of financing conditions is expected to help improve credit prospects for the NBFC sector, according to finance minister Nirmala Sitharaman. Recent regulatory measures, such as the restoration of risk weights on bank lending and easing of financial conditions, are anticipated to further enhance credit prospects, thereby strengthening the … Read more
MUMBAI: Another large-size IPO is being planned in the current year. Prudential Corp of UK, the joint venture partner of ICICI Bank in ICICI Prudential Asset Management, is selling 10% stake in the company through an initial public offering that could be worth around Rs 10,000 crore. On Tuesday, the AMC had filed the papers … Read more