Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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‘Tariffs on India could go up if…’, warns US Treasury Secretary
New York: United States Treasury Secretary Scott Bessent has warned that the secondary tariffs on India could go up if “things don’t go well” during talks between President Donald Trump and Russian…
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Rupee trades in narrow range against US dollar in early trade
Mumbai: The rupee traded in a narrow range and edged higher by 8 paise to 87.39 against the US dollar in early trade on Thursday, amid a positive trend in domestic equities.…
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ICICI reverses Rs 50K minimum balance, now Rs 15K for urban areas
New Delhi: Facing widespread outrage, private lender ICICI Bank on Wednesday partially reversed its minimum average balance (MAB) requirements from Rs 50,000 to Rs 15,000 for new customers in Metro and urban…
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RBI projected to cut repo rate by 25 basis points in Q4 2025: HSBC
New Delhi: The Reserve Bank of India (RBI) may implement a 25 basis point rate cut in the fourth quarter this year if moderate high-frequency data from June continues, a report said…
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India-UK trade pact to benefit domestic mineral sector
New Delhi: The India-UK Comprehensive Economic and Trade Agreement (CETA) is set to benefit the domestic mineral sector, according to the Ministry of Mines. V.L. Kantha Rao, Secretary (Mines), highlighted the opportunities…
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Nifty, Sensex open higher in early trade
Mumbai: The Indian benchmark indices opened higher on Wednesday, after the US inflation data raised expectations of a Federal Reserve rate cut. The BSE Sensex advanced 0.22 per cent or 179 points…
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With inflation set to top 2pc, SBI sees RBI rate cut in December as difficult
New Delhi: As August inflation print likely to top 2 per cent and be closer to 2.3 per cent, a rate cut by the Reserve Bank of India (RBI) in October looks…
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IndiGo under DGCA notice for training 1,700 pilots on non-qualified simulators
New Delhi: The Directorate General of Civil Aviation (DGCA) has issued a show cause notice to IndiGo for using “non-qualified simulators” to train 1,700 pilots operating to three critical airports with difficult…
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Paytm gets RBI nod to operate as online payment aggregator
New Delhi: Paytm Payments Services has received the Reserve Bank of India’s nod to operate as an online payment aggregator, its parent firm and Paytm brand owner One 97 Communications said in…
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New I-T Bill: No ITR filing exemptions for small taxpayers
New Delhi: The new Income Tax Bill, 2025, passed by the Lok Sabha, clarifies that late-return filers are eligible for refunds on excess taxes deducted in a financial year. Analysts said on…
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Nifty, Sensex open flat amid mixed global cues
Mumbai: The Indian benchmark indices opened flat on Tuesday amid mixed global cues after the US and China extended their trade truce overnight for another 90 days. The BSE Sensex advanced 0.10…
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US tariffs on Indian oil imports from Russia a ‘big blow’ to Moscow: Trump
Washington: President Donald Trump on Monday said American tariffs imposed on India for purchasing Russian oil have dealt a “big blow” to Moscow’s economy, which is not doing well, as he referred…
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Banks free to decide on minimum balance for savings accounts: RBI
Gozaria: Reserve Bank of India Governor Sanjay Malhotra on Monday said banks are free to decide the minimum balance for savings accounts and that it does not fall under the regulatory domain…
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UPI transactions surge 114 pc in 8 fiscals, digital payments up 41 pc: Minister
New Delhi: UPI transactions grew from 92 crore in FY 2017-18 to 18,587 crore in FY 2024-25, with a CAGR of 114 per cent, the Parliament was informed on Monday. During the…
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Elon Musk-run Tesla set to inaugurate Delhi showroom today
New Delhi: Elon Musk-run electric car-maker Tesla was all set to enter the national capital on Monday with opening its second showroom in India. The US automaker was set to inaugurate its…
