Business

India's FY25 current account deficit (CAD) faces upward pressure from rising crude oil prices, with each $10/barrel increase potentially widening the CAD by $15 billion.

While personal loans help with urgent needs, they have high interest rates. Banks set loan limits based on factors like income, credit score, and existing debts. The loan amount varies depending on your monthly salary.

Hindustan Zinc shares fell over 6% after a large block deal of 7.2 crore shares at a discounted price, possibly by promoter Vedanta. Vedanta holds a 63.42% stake, while the government owns over 25%.

Bank account freezes can happen for various reasons, from fraudulent transactions to legal issues. Staying compliant with regulations can help prevent this.

PSU Bank Share News: Big news in the stock market. Five government banks' stocks have made significant jumps.

Indian stock markets opened lower Wednesday amid escalating Israel-Iran tensions and potential US involvement. Nifty 50 and BSE Sensex fell 0.26% and 0.33% respectively.

Bank of Baroda predicts the Indian rupee will trade between 85.25 and 86.25 against the US dollar, influenced by geopolitical tensions and potential US tariff changes.

Indian equity indices closed lower on Tuesday, with Sensex down 0.26% and Nifty down 0.37%. Tech Mahindra and Infosys gained, while Adani Enterprises and Sun Pharma declined.

India's central government will re-issue Rs 27,000 crore in government securities via RBI auction on June 20, 2025. This includes Rs 15,000 crore of 6.75% GS maturing in 2029 and Rs 12,000 crore of 7.09% GS maturing in 2054.

The Reserve Bank of India has introduced new amendments to KYC regulations, making it easier for bank customers to update their KYC information.