ICICI Bank, one of India’s leading private lenders, has announced a significant revision to its savings account policy, increasing the minimum average monthly balance (MAMB) for metro and urban branches to ₹50,000. The change, effective from August 1, 2025, applies to all new savings accounts opened thereafter. This marks a 400% hike from the previous…
New Delhi, Silver prices rose by Rs 680 to Rs 1,14,966 per kg in futures trade on Friday as participants increased their deals. At the Multi Commodity Exchange, the price of silver contract for September delivery rose by Rs 680, or 0.59 percent, to Rs 1,14,966 per kg in a business turnover of 15,933 lots….
Mumbai, August 8, 2025 — Tata Motors Ltd. reported a sharp 63% year-on-year decline in consolidated net profit for the first quarter of FY26, falling to ₹3,924 crore from ₹10,514 crore in the same period last year. The drop was attributed to weaker margins and a slight contraction in revenue, despite the results meeting analysts’…
Triumph Motorcycles India has introduced its fifth 400cc platform model, the Thruxton 400 – the brand’s first affordable café racer. Alongside the launch, Triumph also raised the prices of the Scrambler 400 X, now starting at ₹2,67,731 — ₹1,731 more than before. The Speed 400 has also seen a price hike, now retailing at ₹2.50…
Shares of state-owned Bharat Heavy Electricals Ltd (BHEL) on Thursday, August 7, fell nearly 7% as the company’s June quarter net loss widened due to higher expenses. BHEL on Wednesday reported that its consolidated net loss widened to ₹455.50 crore in the June quarter of FY2025-26 from a net loss of ₹211.40 crore in Q1…
India’s state-owned oil refiners have begun pulling back from spot purchases of Russian crude following a fresh wave of punitive tariffs imposed by U.S. President Donald Trump. The move marks a significant shift in India’s energy procurement strategy, as geopolitical tensions mount over continued trade ties with Moscow. According to sources with direct knowledge of…
New Delhi, Zinc prices on Wednesday rose by 15 paise to Rs 265.20 per kg in futures trade amid strong spot demand. At the Multi Commodity Exchange, the price of zinc contract for August delivery rose by 15 paise, or 0.06 percent, to Rs 265.20 per kg in a business turnover of 3,118 lots. Zinc…
New Delhi, August 6, 2025 — The Reserve Bank of India (RBI) has retained its FY26 GDP growth forecast at 6.5% year-on-year, citing resilient domestic demand and easing inflationary pressures. However, global brokerage Morgan Stanley has issued a more cautious outlook, projecting India’s growth to moderate to 5.9% in the December 2025 quarter, citing weakening…
New Delhi, Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday reported a 6.54 per cent rise in its consolidated net profit to Rs 3,310.60 crore in the June quarter of the current fiscal year on the back of increased income. The company had posted a net profit of Rs 3,107.23 crore in the…
New Delhi, August 5, 2025 — Bharti Airtel Ltd. has reported robust financial performance for the first quarter of FY26, with consolidated net profit surging 43% year-on-year to ₹5,948 crore, up from ₹4,160 crore in the same period last year. The telecom major’s consolidated revenue from operations rose 28.4% YoY to ₹49,463 crore, reflecting strong…
