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SBI will update IMPS fees for certain transactions starting on August 15

New Delhi, Aug 13: The State Bank of India (SBI) will revise Immediate Payment Service (IMPS) charges for retail customers from August 15, introducing nominal fees for certain online high-value transactions while keeping small-value transfers free.All customers will continue to receive free...
The India-UK trade agreement is expected to help the domestic mining industry
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The India-UK trade agreement is expected to help the domestic mining industry

New Delhi, Aug 13: 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 for the Indian mineral sector, particularly the aluminium...
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The Cabinet approves the investment of Rs 4,600 crore for four semiconductor...

New Delhi, Aug 12: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved four more semiconductor projects under the India Semiconductor Mission (ISM) with an outlay of Rs 4,600 crore.The four proposals approved are from SiCSem, Continental Device India Private Limited...
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Government participating in talks on a bilateral trade agreement between the US...

New Delhi, Aug 12: The government is still involved in the discussions on the India-US Bilateral Trade Agreement (BTA) with Washington with the aim to expand trade and investment through tariff stability and long-term trade predictability, the Parliament was informed on Tuesday.A reciprocal...
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US tariffs: Crisil claims that robust corporate expansion and government...

New Delhi, Aug 12: Strong corporate balance sheets, potential bilateral trade agreements with other countries and the possibility of support from the Indian government for the impacted sectors could mitigate the credit impact to some extent arising due to increased US tariffs on India, a...
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Banks are allowed to choose the minimum account balance: RBI Governor on the...

New Delhi, Aug 11: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday said that the minimum balance limit for saving accounts will be decided by banks as the decision does not fall under any regulatory jurisdiction, after India’s second largest lender ICICI Bank raised the monthly...
FM Sitharaman presents the updated Income Tax Bill to Parliament in order to increase clarity and equity
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FM Sitharaman presents the updated Income Tax Bill to Parliament in order to...

New Delhi, Aug 11: Union Finance Minister Nirmala Sitharaman on Monday introduced a revised version of the Income Tax Bill, 2025, incorporating most of the recommendations made by the Parliamentary Select Committee headed by BJP leader Baijayant Panda, in the Lok Sabha amid Opposition...
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Passengers are stranded  for an hour at Raipur airport as the Air India airplane...

Raipur, Aug 11: A technical snag in an Air India flight arriving from Delhi led to a tense hour-long delay at Raipur airport, leaving around 160 passengers, including a sitting MLA, stranded inside the aircraft with no immediate explanation.Flight AI 2797 departed Delhi at 8.15 p.m. and landed...
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The Income Tax Department makes available the ITR-5 Excel utility for submitting...

New Delhi, Aug 9: The Income Tax Department on Saturday released the ITR-5 Excel Utility for Assessment Year 2024–25. This utility can be used by partnership firms, Limited Liability Partnerships (LLPs), and cooperative societies to file their annual returns.Associations of Persons, Bodies of...
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Indian Railways offers an affordable "Round Trip Package" for travel during the...

New Delhi, Aug 9: To avoid rush by ensuring hassle-free ticket booking experience during the upcoming peak festive seasons, the Ministry of Railways on Saturday said that it has decided to formulate a 'Round Trip Package' on discounted fare and rebates benefit.The move will facilitate...
In FY25, Indias defense production increases to an all-time high of Rs 1.51 lakh crore:  Rajnath Singh
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In FY25, India's defense production increases to an all-time high of Rs 1.51...

New Delhi, Aug 9: Defence Minister Rajnath Singh on Saturday said the annual defence production has soared to an all-time high of Rs 1,50,590 crore in FY 2024-25.The milestone represents a robust 18 per cent growth over the previous fiscal's output of Rs 1.27 lakh crore, and a staggering 90...
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Indian Railways is improving its system for booking passengers so that it can...

New Delhi, Aug 9: Indian Railways is upgrading the current passenger reservation system to handle over 100,000 tickets per minute from existing 25,000, according to the government.Indian Railways is undertaking complete revamp of passenger reservation system (PRS) through Centre for Railway...
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