Banks may shut five days from Sept 26 as unions strike
Bank branches may stay closed for five consecutive days from September 26 to 30, as the United Forum of Bank Unions (UFBU) has called a three-day nationwide strike on September 28-30, following…
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Tata Sons reappoints Chandrasekaran, Trusts challenge looms
Tata Sons board has approved a third five-year term for executive chairman N Chandrasekaran, with Noel Tata the only director voting against. Tata Trusts, which holds 66% of Tata Sons, has called…
Jefferies sees India GDP growth at 6.5-7% this fiscal
India is on track for real GDP growth of 6.5-7% in the current fiscal, with nominal GDP expected at 11-12%, brokerage Jefferies said in a report. It also projected corporate earnings growth…
Singhvi joins Tata Trusts as Tata Sons feud heads to court
Senior advocate Abhishek Singhvi has been appointed to represent Tata Trusts in the escalating dispute with Tata Sons. Singhvi said on Sunday he was entering the fray with "sadness and regret" that…
Banks closed for five days from September 26: RBI holiday and union strike
Bank customers face five consecutive days without physical branch services from September 26 to 30. The RBI holiday calendar lists closures on September 21 (Bhubaneswar, Thiruvananthapuram), September 22 (Ranchi), September 23 (Jammu,…
How much home loan EMI you can afford at Rs 50k, Rs 1 lakh, Rs 2 lakh income
Experts recommend keeping home loan EMI within 40% of monthly income for comfortable repayment. On a Rs 50,000 monthly income, the affordable EMI is about Rs 20,000, on Rs 1 lakh, Rs…
UPI to charge Rs 2 plus tax on large payments from April
Digital payments via Unified Payments Interface (UPI) will incur a charge from 1 April 2025. A fee of Rs 2 plus 18% GST will apply on transactions above a certain threshold paid…
Ghaziabad traders protest UPI MDR with ‘cash only’ notices
Traders in Ghaziabad have put up notices outside their shops stating 'UPI Payment Will Not Be Accepted' and 'Cash Only From October 15'. The move is a protest against the proposed merchant…
MP petrol pumps to reject UPI over Rs 2,000 from October 16
Petrol pump dealers in Madhya Pradesh have decided to stop accepting UPI payments for fuel bills above Rs 2,000 from October 16. The decision will apply to around 4,700 petrol pumps across…
NaBFID sanctions Rs 3,000 crore loans to four data centres
The National Bank for Financing Infrastructure and Development (NaBFID) has sanctioned loans of more than Rs 3,000 crore each to at least four data centres in India, the state-run infrastructure financier's managing…
