HDFC Bank revises fixed deposit rates after RBI rate cut Effective 17 December 2025, HDFC Bank has revised its fixed deposit (FD) interest rates following the Reserve Bank of India’s decision to cut the benchmark repo rate to 5.25% from 5.50% earlier this month. The move reflects the broader easing in interest rates across the … Read more
Two main ways to transfer an apartment to your child When you want to pass a residential apartment to a child, you generally have two choices: transfer it now as a gift, or leave it later through a will. Each option has different legal steps, tax effects and personal implications. Understanding them helps families make … Read more
Indian space startups cross a new funding milestone Digantara’s recent $50 million Series B round puts it alongside Skyroot as one of only two Indian space startups to raise such a large sum in a single funding round. Big-name investors, including Peak XV, are increasingly confident that India’s private space sector can attract large capital … Read more
Make your credit card work — without paying more Credit cards can be powerful tools when used carefully. But they also carry real risks: high interest rates, growing balances, and damage to your credit score. One simple way to reduce cost is to maximise your interest-free days. With a little planning, you can manage cash … Read more
Federal Reserve ends supervisory notices to Citi, sources say The Federal Reserve has terminated supervisory notices that required Citi to improve its risk controls, people familiar with the matter told Reuters. The move removes formal written demands that the bank take steps to strengthen its governance and risk-management practices, according to the sources. What this … Read more
Market snapshot: early weakness, late recovery Share indices moved lower as losses in energy, auto and pharma stocks pressured the market through much of the session. A late uptick in IT stocks helped pare the decline, while selective buying in financials and metals supported a modest recovery in the pre-close session. Sector performance explained Energy, … Read more
Rupee recovers to 90.04 against the US dollar The Indian rupee opened at 90.35 in the interbank foreign exchange market and later strengthened to an intra-day high of 90.04 against the US dollar. That move equates to a 34 paise gain from the previous close. Intraday snapshot Opening level: 90.35 per US dollar Intra-day high: … Read more
COO Appears Before Parliamentary Panel Over Recent Flight Disruptions Isidro Porqueras, the chief operating officer of a major low-cost carrier, arrived in Parliament on Wednesday to appear before the Parliamentary Standing Committee. The committee is probing a series of flight disruptions that affected thousands of passengers in recent weeks. Why the Committee Called the COO … Read more
Oil prices help steady the domestic unit Forex traders say Brent crude hovering near $59 per barrel has helped support the domestic unit when markets were otherwise under pressure. The relatively stable oil price eased concerns about a sudden rise in import costs, giving the currency some breathing room. What traders are watching Market participants … Read more
Stock compensation is a powerful way to build wealth, but it can also create tax bills before you see any cash. Knowing how employee stock options, restricted stock units (RSUs) and employee stock purchase plans (ESPPs) are taxed helps you avoid surprises and plan smartly. How stock-based pay generally works Many employers pay part of … Read more