The exemption of individual life and health insurance premiums from the Goods and Services Tax (GST) enables the insurance industry to make products affordable and attractive, said Ajay Seth, chairman of Insurance Regulatory and Development Authority of India (Irdai) at the Business Standard BFSI Insight Summit 2025.
Some say the MPC will raise the rate, while others are of the view that there is already de facto interest rate tightening through rising bond yields, which might prompt the central bank to go for a pause.
CREDAI Chairman Lalit Jain said a long term status quo on interest rates would not help prospective home buyers.
The aggregate net worth of the country's 176 dollar billionaires dropped to $984.2 billion during 2025, down from a record $1,036.2 billion at the end of December 2024.
A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday. The penalty has been imposed on the private sector lender for deficiencies in statutory and regulatory compliance, including those related to Know Your Customer (KYC).
'Given that India underperformed emerging markets by 28 per cent in 2025, the worst performance in over 30 years, the timing of the sharp STT hike could have been better.'
Customs regimes can lead to labyrinthine legal disputes. Budget 2026 must recognise that an excessively defensive Customs posture can itself become a trade barrier, point out Mukesh Butani and Shankey Agrawal.
Captains of the banking industry expect rates to move up, says Rajesh Kumar.
Property developers, consultants and brokers have seen a 40 per cent decline in enquiries from home buyers over the last three months.
Investors can meet cash needs without selling their securities.
RBI has also announced new guidelines to price loans from April 1.
India should be prepared for lower GDP growth of around 7 per cent in 2008-09, according to the Mid-Year Review of the finance ministry that was tabled in Parliament on Tuesday.
He was sleeping in a garage when the fire broke out, and CCTV footage suggests foul play.
As India start their T20 World Cup title defence in less than 72 hours, one is tempted to look at Suryakumar Yadav and Gautam Gambhir's working relationship which has been fantastic, at least so going by the results -- a whopping 31 wins in 39 games with a winning percentage of 79.48.
A senior SBI official dealing with the retail business confirmed the country's largest lender's decision.
Volatility in lending and deposit rates witnessed during the year is expected to end in 2009 with interest rates seen to be going down, due primarily to an easy monetary stance being pursued by the Reserve Bank of India to push growth.
The Reserve Bank of India in its quarterly monetary policy review has hiked rates.
On higher amounts, banks are allowed to offer differential rates to depositors.
The finance ministry has voiced the opinion that there was no need for the RBI to increase the key rates that could impact the banks lending rates.
Before signing up for a BNPL plan, read the fine print carefully and watch for red flags like unclear repayment terms, vague information on interest or late fees, and marketing that downplays the cost of default.
Individuals and corporate borrowers face the prospect of further interest rate increases, as the Reserve Bank of India battles inflation and high credit growth.
The Budget offers a limited-time regularisation window with clear thresholds, defined payments, and immunity from penalty or prosecution.
The government's Budget announcements providing tax holiday for data centres, setting up of city economic regions (CERs) and funding to improve infrastructure in Tier-II and -III cities may give an indirect boost to India's realty sector, said industry executives.
State Bank of India, India's largest lender, on Thursday slashed interest rates on working capital loans to micro, small and medium enterprises by 0.5-1 per cent effective from December 16.
YES Bank raises base rate; HDFC Bank, Axis hike deposit rates.
The GST Council at its next meeting may consider a reduction in taxes on air and water purifiers as air quality across the country worsens and access to safe drinking water remains uneven.
Analysts at Morgan Stanley have updated their outlook for the Indian markets, and they now expect the Sensex to hit the 107,000 mark by December 2026 in a bull-case scenario, translating into an upside of 26 per cent from current levels.
Finance Minister Pranab Mukherjee on Wednesday asked banks to cut interest rates and provide cheap credit to industry in order to spur economic activity.
In order to boost growth amid some softening of inflation, RBI earlier this month cut the key interest rate by 0.25 per cent. It is scheduled to announce its mid-quarter policy review on June 17.
Banks may reduce their interest rates.
The fact that a major studio put out a silent film starring some of the biggest names in the industry in these concerning times for the film business is the one big takeaway from Gandhi Talks, notes Arjun Menon.
Suryakumar Yadav suffered another failure during Mumbai's Vijay Hazare Trophy match against Punjab on Thursday.
In policy review meet in June, RBI Governor Raghuram Rajan kept interest rates intact.
Last week, RBI raised the CRR--amount lenders need to keep with the central bank-- by 75 basis points to suck out Rs 36,000 crore (Rs 360 billion) from the system and cool down inflation.
Kuldeep, spin strategy in focus as India prepare for Indore decider
Finance Minister Pranab Mukherjee to address RBI's Central Board of Directors on July 11, may discuss the government's borrowing programme.
The government plans to borrow nearly Rs 4,00,000 crore (Rs 4,000 billion) from markets during 2009-10, a rise of about 50 per cent over what it borrowed a year ago, to fund the widening fiscal deficit necessitated after stimulus doses for the economy.
Total pending Customs arrears, including amounts under litigation, court stays and cases where the appeal period has not expired, stood at about Rs 1.36 trillion at the end of December 2024.
RBI has, since January, cut its policy rate four times.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances