Finance
RBI Minimum Balance Rules 2026: What Indian Bank Customers Should Know
RBI Minimum Balance Rules 2026: As 2026 approaches, confusion has spread among Indian bank customers regarding minimum balance requirements. Social media posts, short videos and even some news reports claim that the Reserve Bank of India (RBI) has introduced new compulsory minimum balance rules for all bank accounts.However, the reality ...
India Overtakes Japan to Become World’s Fourth-Largest Economy
India has overtaken Japan to become the world’s fourth-largest economy, according to the government’s year-end economic review. The review said India’s nominal gross domestic product (GDP) has reached about $4.18 trillion, placing it behind only the United States, China, and Germany. The report highlighted strong domestic demand as the main ...
PAN-Aadhaar लिंक डेडलाइन: 31 दिसंबर 2025 तक जरूरी, नहीं तो PAN होगा इनऑपरेटिव
PAN को Aadhaar से लिंक करना अनिवार्य है, ताकि PAN इनऑपरेटिव होने से बचाया जा सके। आयकर विभाग के अनुसार, कुछ विशेष व्यक्तियों के लिए PAN–Aadhaar लिंक करने की अंतिम तारीख 31 दिसंबर 2025 तय की गई है। तय समयसीमा तक लिंक न करने पर 1 जनवरी 2026 से PAN ...
Income Tax Refunds Stuck for Many as December 31 Revised Return Deadline Nears
A large number of taxpayers have reported delays in receiving their income tax refunds for Assessment Year 2025–26 after receiving SMS and email alerts from the Income Tax Department stating that their returns have been put on hold. The Department said refunds were paused under a risk management process due ...
Income Tax Alerts, Refund Delays and Interest Rules: What Taxpayers Need to Know About Discrepancies and Delayed Refunds
The Income Tax Department (ITD) has issued a clarification on recent communications sent to certain taxpayers regarding income discrepancies and delayed refunds. The department stated that these messages were advisories, sent only in selective cases, and were intended to raise awareness rather than enforce compliance. At the same time, many ...
Fed’s Third Rate Cut of 2025 Sparks New Debate: Will Mortgage Rates Finally Break Below 6%?
Mortgage Rates Today: As the U.S. Federal Reserve executed its third consecutive rate cut of 2025—lowering the federal funds range to 3.50%–3.75%—borrowers, homeowners, and markets are weighing what this shift truly means. Mortgage rates have eased from their early-year peaks, yet remain sensitive to Treasury yields and market uncertainty. While ...
ITR Refund Delays Surge Nationwide: Why Processing Is Slower This Year and What Taxpayers Must Check Now
ITR Refund Delays: India is witnessing an unusual wave of frustration among taxpayers as Income Tax Return (ITR) refunds for FY 2024–25 (AY 2025–26) remain stuck for months. Even after successful e-verification, thousands report their returns still “under processing,” with many stating they have received no movement despite raising grievances ...
Sensex Crashes 600 Points, Nifty Slides Below 26,000 as Fed Jitters, FII Outflows and Rupee Weakness Shake Markets
Sensex Crashes 600 Points: Amid a wave of global caution, relentless FII selling, a sharply weakened rupee and rising crude oil prices, Indian equity markets recorded one of their weakest sessions in months. Both benchmark indices slipped sharply on Monday, with heavy damage across mid- and small-cap segments, wiping out ...
RBI Cuts Repo Rate to 5.25% as Inflation Hits Record Lows; FY26 Growth Outlook Upgraded to 7.3%
RBI Cuts Repo Rate to 5.25%: The Reserve Bank of India’s Monetary Policy Committee (MPC) has delivered a decisive 25 basis-point repo rate cut to 5.25%, signalling a strong growth-supportive stance as inflation softens sharply and economic momentum remains robust. The latest move, approved unanimously, is the fourth rate reduction ...
RBI Hits HDFC Bank With ₹91 Lakh Penalty for Major Compliance Breaches; Mannakrishna Investments Also Faces Action
The Reserve Bank of India (RBI) has taken significant enforcement action against two financial institutions—HDFC Bank Limited and Mannakrishna Investments Private Limited—after inspections revealed serious lapses in regulatory compliance. The central bank imposed a ₹91 lakh penalty on HDFC Bank for violations across KYC norms, outsourcing rules, interest-rate directives, and ...
