Gold Futures Drop 2% to Rs 1.52 Lakh on Dollar Strength
Gold futures on MCX fell by Rs 2,228 to Rs 1,52,532 per 10 grams, a 1.44% decline, driven by a robust US dollar and high trading volume of 7,553 lots.
Category : Banking
Axis Max Life Insurance Sees 20% YOY Premium Growth in FY26
Axis Max Life Insurance has reported a robust 20% year-on-year growth in individual adjusted first-year premium for the first nine months of FY26, with Value of New Business increasing by 30% YOY.
AI Fears Trigger $56B Selloff in Indian IT Stocks
Indian IT stocks have plunged 15% amid AI fears, losing $56 billion in market cap. Analysts debate whether the selloff is overdone, with some seeing a buying opportunity as firms adapt to new tech demands.
IDFC First Bank's New RuPay Credit Card Offers Up to 5% Cashback
IDFC First Bank introduces the Hello Cashback Credit Card, a secured RuPay card linked to a fixed deposit, providing up to 5% cashback on online spends and 1% on UPI and essentials, targeting first-time users with no income proof required.
BOB Peon Admit Card 2026 Released for Preliminary Exam
Bank of Baroda has activated the BOB Peon Admit Card 2026 download link for the online CBT on 22nd-23rd February 2026. Candidates must download it by 23rd February.
Bank of America CEO Eases AI Job Loss Concerns with Historical Data
Bank of America CEO Brian Moynihan offers a balanced perspective on AI's labor market impact, highlighting historical employment growth despite technological disruptions and emphasizing AI as augmentation.
SoverignFX Highlights Capital Efficiency as Brokers Face Revenue Pressures
SoverignFX emphasizes its capital efficiency model as online brokers adapt to new revenue challenges. The firm's approach focuses on sustainable growth in a competitive market.
HDFC Life Campaign: Values & Finance for Kids' Future
HDFC Life's latest brand campaign highlights how instilling values and strategic financial planning are crucial for shaping a secure and prosperous future for children.
Gold, Silver Prices Drop 1-2.7% as Investors Book Profits
Gold prices fell 1% and silver dropped 2.7% in international markets as the US dollar strengthened and investors cashed in gains after record rallies. Experts advise caution amid volatility.
RBI Assistant Recruitment 2026: 650 Vacancies Announced
The Reserve Bank of India has officially launched its Assistant recruitment for 2026 with 650 vacancies across India. Online applications are open from February 16 to March 8, 2026.
11 Ahmedabad CAs Guilty in Bogus Donations Racket: ICAI
The ICAI Board of Discipline found 11 Ahmedabad chartered accountants guilty of professional misconduct in a bogus political donations scheme. After hearings, they were reprimanded despite I-T department allegations of tax evasion and fraudulent funding.
RBI Governor Urges MSMEs to Formalize, Assures Credit Access
RBI Governor Sanjay Malhotra urged MSMEs to formalize operations and assured timely credit access, highlighting the sector's economic importance and policy support measures.
AIPEF Challenges PSPCL's Revised Tariff Petition in Punjab
The All India Power Engineers Federation has formally objected to Punjab State Power Corporation Limited's revised tariff submissions, citing inadequate review time and questionable financial projections.
KPMG Partner Fined for AI Cheating on Ethics Exam
A KPMG Australia partner was fined A$10,000 for using AI tools to cheat on an internal AI ethics training course. The firm confirmed over two dozen staff have been caught using AI to game exams this year, highlighting a growing industry-wide problem.
Forex Prop Firms 2026: Payout Structures & Timelines
An in-depth look at payout structures and timelines for forex proprietary trading firms in 2026, covering profit splits, withdrawal processes, and industry trends.
Bengaluru EV Buyer Wins Rs 85,000 for Document Issues
A Bengaluru resident received Rs 85,000 compensation after the consumer commission ruled that My EV Store and Shriram Finance failed to provide proper documents for his electric scooter, citing deficiency in service and unfair trade practices.
Silver Falls 2% to Rs 2.5 Lakh/kg; Gold Advances Rs 700
Silver prices declined by 2% to Rs 2.5 lakh per kg, while gold saw a modest increase of Rs 700 per 10 grams, according to the All India Sarafa Association.
Silver Futures Drop 2% to Rs 24 Lakh/kg on Global Cues
Silver futures in India declined sharply by nearly 2% to Rs 24 lakh per kilogram, driven by weak global market trends and reduced demand. The drop reflects broader economic uncertainties affecting precious metals.
BOI SO Recruitment 2026 Result Expected Soon: Details
The Bank of India is expected to release the Specialist Officer recruitment result 2026 soon. Candidates can check results and download scorecards on the official website once available.
AI Fears Trigger IT Stock Sell-Off, Wiping Rs 6 Lakh Crore
IT stocks have plunged over 8%, losing Rs 6 lakh crore in market value due to AI automation fears. However, companies like TCS and Infosys are adapting with AI investments and new business models.
UPI One World Wallet Extended for India AI Summit Visitors
NPCI extends UPI One World wallet services to international visitors from 40+ countries attending the India AI Impact Summit in New Delhi, enabling seamless digital payments.
UPI One World Wallet Launched for Foreign Delegates at AI Summit
NPCI introduces UPI One World Wallet, a digital payment service for foreign delegates at the India AI Impact Summit 2026, enhancing financial inclusion and convenience.
Platform Powers India's Responsible, Future-Ready Collections
A new digital platform is transforming India's collections ecosystem by integrating advanced technology with ethical practices, ensuring responsible debt recovery and future-ready operations.
UPI One World Pilot for AI Summit Delegates Launched
NPCI extends UPI One World wallet service as a pilot for international delegates at India AI Impact Summit 2026, enabling foreign visitors from 40+ countries to make UPI payments without Indian bank accounts or mobile numbers.
SBI Clerk Mains Result 2026 Expected Soon: Selection Details
The State Bank of India will soon release the SBI Clerk Mains 2025 result for over 60,000 candidates. Final selection for 6,589 Clerk posts depends entirely on mains exam performance, with no interview required.
RBI Assistant Recruitment 2025: 650 Vacancies Announced
The Reserve Bank of India has released notification for Assistant recruitment with 650 vacancies across India. Applications open from February 16 to March 8, 2026. Check eligibility, exam pattern, and how to apply.
SBI Clerk Mains Result 2026 Release Imminent on Official Website
The State Bank of India will soon announce the SBI Clerk Mains result 2026 for the exam held on November 21, 2025. Over 60,000 candidates await the outcome for 6,589 Junior Associate posts, with final selection based solely on mains marks.
Gold Price Outlook: Bullish Bias Intact Despite Pullback
Gold prices have retreated from recent highs but maintain a bullish bias, with key support levels holding. Factors like Fed easing expectations, geopolitical risks, and technical indicators shape the outlook.
RBI's New Capital Market Norms to Boost Bank Funding, Market Liquidity
The Reserve Bank of India's revised capital market exposure norms will enable banks to fund acquisitions more effectively and enhance market liquidity, according to a recent report.
Bank Staffer Steals Rs 3.5 Crore Gold for Betting, Arrested in Bengaluru
A bank employee in Bengaluru has been arrested for allegedly stealing gold worth Rs 3.5 crore from customer lockers to fund his online betting addiction, leading to a major investigation.
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