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ICICI bank hikes minimum account balance for new customers

Aug 9, 2025

New Delhi, Aug 9 (IANS) India’s second largest lender ICICI Bank has raised the monthly minimum average balance requirement for all customer segments, effective August 1.Customers at metro and urban locations who opened their savings accounts on or after August 1 have to maintain Rs 50,000 monthly average balance to avoid penalties, according to…

Musk’s Tesla set to arrive in Delhi on August 11

Aug 9, 2025

New Delhi, Aug 9 (IANS) Elon Musk-run electric car maker Tesla is all set to inaugurate its second showroom in India -- in Delhi on August 11 -- after it opened the Mumbai showroom last month.In a post on social media platform X, Tesla…

Business

Intel CEO refuses to resign despite Trump’s call over alleged China link

Aug 9, 2025

New Delhi, Aug 9 (IANS) US tech major Intel's CEO Lip-Bu Tan has said he would not resign despite US President Donald Trump's public call for his resignation for alleged “deeply conflicted” links to China.In a letter to Intel's employees,…

Business

EPCH Seeks Divine Blessings Through Pooja Anushthan to Withstand US Tariff Turbulence

Aug 8, 2025

Delhi/NCR, 08th August 2025 – In a symbolic expression of unity, faith and resilience, the Export Promotion Council for Handicrafts (EPCH) organized a Pooja Anushthan (ritual prayer ceremony) at its headquarters in New Delhi, seeking divine…

Business

Cabinet okays Rs 30,000 crore as compensation to public sector OMCs for losses in domestic LPG

Aug 8, 2025

New Delhi, Aug 8 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved Rs 30,000 crore compensation to three public sector Oil Marketing Companies (IOCL, BPCL and HPCL) for the under-recoveries incurred on…

Business

Cabinet greenlights Rs 4,250 crore to boost infra, empower vulnerable groups in Assam and Tripura

Aug 8, 2025

New Delhi, Aug 8 (IANS) The Union Cabinet on Friday approved four new components under the existing Central Sector Scheme of Special Development Packages (SDPs) for Assam and Tripura with a total outlay of Rs 4,250 crore.According to a…

Business

Cabinet extends LPG subsidy for PMUY consumers at a cost of Rs 12,000 crore in 2025-26

Aug 8, 2025

New Delhi, Aug 8 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the targeted subsidy of Rs 300 per 14.2 kg cylinder for up to 9 reﬁlls per year (and proportionately pro-rated for 5 kg cylinder) to the…

Business

Indian stock market ends lower amid US tariff jitters, Sensex declines 765 points

Aug 8, 2025

Mumbai, Aug 8 (IANS) The Indian stock market ended lower on Friday amid heavy selling across the sectors and persistent FIIs outflow due to US tariff jitters.Sensex closed at 79,857.79, down 765.47 or 0.95 per cent. The 30-share index…

Business

India-Brazil can build new partnership, diversify trade partners: Brazilian researcher on Trump’s…

Aug 8, 2025

Brasilia/New Delhi, Aug 8 (IANS) A day after United States imposed additional 25% tariff on imports from India, bringing it at par with Brazil, a leading scholar reflected on its likely impact on global economic order and how the two…

Business

Rs 50 lakh to 1 crore homes dominate from 2022–2024, budget homes demand declines

Aug 8, 2025

New Delhi, Aug 8 (IANS) India’s residential real estate market is witnessing a notable shift in buyer preferences, with the Rs 50 lakh to Rs 1 crore budget segment emerging as the most in demand, accounting for approximately 28 per cent of…

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