Bank Strike Jan 27: Services Disrupted, Digital Channels Open
Bank employee unions call nationwide strike on January 27, 2026, affecting public sector banks. Digital services like UPI, ATMs to remain operational despite branch closures.
Category : Banking
Deloitte Pushes Tax Reforms for IFSC GIFT City in Budget 2026
Deloitte recommends tax parity, GAAR exemptions, and TDS relief in Budget 2026 to enhance IFSC GIFT City's competitiveness as an international financial services hub.
Bank Strike on Jan 27: Services to be Hit as Unions Demand 5-Day Week
Banking operations across India face disruption on January 27 as unions strike for a 5-day work week, affecting cash deposits, withdrawals, and cheque clearances at major public sector banks.
Nasscom's Budget 2026 Wishlist: Tax Reforms for Startups
Ahead of Union Budget 2026, Nasscom urges government to extend ESOP tax deferment to all DPIIT-recognized startups and clarify tax rules for foreign cloud providers using Indian data centers.
Silver Outperforms Gold: Ratio Drops to 50 Amid 200% Rally
Silver prices have surged 200% in 12 months, compressing the gold-silver ratio from 127 to 50. Analysts debate implications for investors as both metals hit record highs.
Gold & Silver Soar to Record Highs Amid Global Tensions
Gold prices surge above $5,000 per ounce and silver hits $108.60 as geopolitical risks and policy uncertainties drive safe-haven demand. Experts analyze portfolio implications and the distinct roles of both precious metals in today's volatile markets.
NFRA Plans 10 Audit Firm Inspections, AI Testing in FY26
National Financial Reporting Authority aims to inspect ten audit firms this financial year while exploring AI tools to enhance audit oversight and improve compliance with accounting standards.
India-EU Trade Deal: Auto Tariff Cuts to Impact Stocks
Indian auto stocks like Tata Motors and Mahindra & Mahindra face scrutiny as India plans to cut import tariffs on EU cars from 110% to 40%, boosting European luxury brands.
Sitharaman's 9th Budget: Tax, Customs & Debt Focus
Finance Minister Nirmala Sitharaman presents her ninth consecutive Union Budget on February 1, focusing on tax reforms, customs duty overhaul, and debt-to-GDP reduction amid global uncertainty.
Fed's Bowman Remakes Bank Oversight, Cuts Staff
Federal Reserve Vice Chair Michelle Bowman is implementing sweeping changes to bank supervision, reducing staff, and revising rules, while facing internal tensions and political pressure from the Trump administration.
Bank of Baroda to Raise $500 Million via Offshore Bonds
Bank of Baroda, India's second-largest public sector bank, is preparing to raise approximately $500 million through US dollar bonds under its $4 billion medium-term note programme, targeting non-US investors in Europe and Asia.
Gold's 2025 Surge: Investor Strategies & Market Drivers
Gold surged 64% in 2025, its biggest annual gain since 1979, driven by safe-haven demand, US rate cut bets, central bank buying, de-dollarisation, and ETF inflows. It's up 18% this year.
India's Tax Collections Weak in FY26, Set to Improve in FY27
India's tax revenue growth has been sluggish in the first half of FY26, but CAREEdge Ratings forecasts a significant improvement in FY27, driven by economic recovery and policy measures.
Uday Kotak Gets Padma Bhushan, Pledges Ongoing Work
Uday Kotak, founder of Kotak Mahindra Bank, receives Padma Bhushan award, expressing humility and commitment to India's economic growth with a 'miles to go' mindset.
Kotak Mahindra Bank Q3: Margins Dip, Growth Prospects Intact
Kotak Mahindra Bank's Q3 PAT grew 4% to ₹3,446 crore, with margins impacted by operating expenses. However, robust deposit growth and improving asset quality signal potential recovery ahead.
Gold Hits $5,000, Kiyosaki Predicts $27,000 Surge
Gold prices soared past $5,000 per ounce for the first time, prompting Robert Kiyosaki to reaffirm his bullish outlook with a $27,000 target. The surge is driven by geopolitical risks, dollar weakness, and safe-haven demand.
Silver's 200% Rally vs Gold's 80% Rise Sparks Portfolio Shift
Silver prices have surged over 200% in 12 months, outperforming gold's 80% rise, compressing the gold-silver ratio to near 50. Motilal Oswal advises rebalancing portfolios toward gold for near-term stability while maintaining long-term silver exposure.
Axis Bank Q3 Net Profit Up 4% to Rs 7,044 Crore
Axis Bank reports a 4% year-on-year increase in consolidated net profit to Rs 7,044.42 crore for Q3 FY25, driven by strong operational performance and improved asset quality.
Households Keep Equity Investment via Mutual Funds
Indian households continue investing in equities through mutual funds despite moderation in direct participation, with cumulative holdings reaching Rs 84 lakh crore, reflecting long-term confidence.
Budget 2026: Fintech Awaits Policy Boost from Sitharaman
With just one week until Finance Minister Nirmala Sitharaman presents Union Budget 2026, fintech leaders outline expectations for growth capital, tax incentives, regulatory clarity, and cybersecurity support to sustain India's digital payments revolution.
Axis Bank Q3 Results Today: Profit May Fall, NII to Rise
Axis Bank announces Q3 FY26 results today, January 26, 2026. Analysts predict a 1-7% YoY net profit decline, 2% NII growth, and NIM contraction. Key focus on asset quality and loan growth.
Gold Rate Today Jumps on Republic Day 2026 Amid Global Tensions
Gold prices in India soared on Republic Day 2026, with MCX closing at ₹1,55,963 per 10 grams. Global factors like Trump's trade threats and geopolitical tensions drive the rally, while major cities report near-record highs.
SIFs in India Set to Cross Rs 1 Lakh Crore by 2028
Specialised Investment Funds (SIFs) in India are projected to exceed Rs 1 lakh crore by 2028, driven by strong growth and downside protection features, according to a recent report.
Republic Day 2026: Banks Closed Today Nationwide
Public and private banks across all Indian states and Union Territories remain closed today, Monday, 26 January 2026, for Republic Day celebrations. This marks a long weekend in many regions.
Pearl Agro Scam: ED Attaches Rs 2,000 Cr Properties
Enforcement Directorate attaches 37 properties worth Rs 2,000 crore in Ludhiana and Jaipur in the Pearl Agro Corp case. Total attachments now reach Rs 7,600 crore in the Rs 60,000 crore ponzi scheme affecting 6 crore investors.
Accounting Reform Protects MSMEs from Renewable Energy Volatility
India's NFRA and ICAI amend accounting standards to exempt renewable energy contracts from financial instrument treatment, stabilizing MSME balance sheets and aligning with global IFRS norms.
IRFC Considers Swiss Franc Swaps to Cut Dollar Exposure
Indian Railway Finance Corp is exploring converting part of its dollar loans into Swiss francs to reduce currency risk and lower funding costs amid rupee volatility, while expanding into metro rail refinancing.
Fidelity Fund Favors Japan's Smaller AI-Linked Companies
Fidelity's Pacific Fund, outperforming 96% of peers, is increasing exposure to Japan's smaller AI-related firms like Fujibo Holdings, seeing undervalued opportunities in the tech supply chain.
Kerala Bank Launches AI Assistant ChangAI, First in Cooperative Sector
Kadirur Service Co-operative Bank in Kannur introduces ChangAI, an AI-powered front office assistant using facial recognition and Malayalam communication to transform rural banking services in India.
Pune: Rs 11 Crore Gold Loan Fraud in Credit Society
Alandi police register case against manager, auditor, and jeweller for allegedly duping a credit cooperative society of Rs 11 crore through fake gold loan accounts using forged documents.
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