DEPOSIT COSTS IMPACT EARNINGS
Has Govt cut PPF, NSC interest rate after RBI repo rate cut of 1%? Check the latest interest rate of post office schemes announced today
Latest PPF, NSC interest rates: The PPF, NSC, SCSS and other post office schemes interest rates have been announced for the second quarter of FY 2025-26, i.e., between July 1, 2025, and September 30, 2025. Check how much you will earn on your small savings investments going forward.
Bank of Baroda Q1 update: Global business grows 11% YoY to Rs 26.43 lakh crore
State-run Bank of Baroda posted an 11% year-on-year growth in global business for the quarter ended June 30, 2025. Global advances rose 13% YoY to Rs 12.07 lakh crore, while deposits increased over 9% to Rs 14.36 lakh crore from Rs 13.15 lakh crore in Q1FY25.
Chaos, flight cancellations & delays: France throws summer travel into disarray
ChatGPT said:A two-day strike by French air traffic controllers began Thursday, causing major disruptions at the start of Europe’s busy summer travel season. The strike, driven by concerns over staff shortages, outdated equipment, and poor management, has led to the cancellation of hundreds of flights across France, particularly at Paris’ Charles de Gaulle airport.
A Bala explains how dialing up risk and taking a leap of faith paid off
A Balasubramanian of ABSL AMC suggests a positive outlook for the Indian market. He cites international developments and domestic growth as key drivers. Government spending and RBI support are also crucial. Inflation is under control, and corporate earnings are expected to improve. The fund house is fully invested with minimal cash. They have been successful by taking calculated risks.
Record inflow of over Rs 15,000 crore in May. What is making arbitrage mutual funds gain investors' interest?
Arbitrage mutual funds saw record inflows in May, driven by market volatility and tax benefits. These funds exploit price differences, offering lower risk. Recent rate cuts by the Reserve Bank of India (RBI) impact arbitrage opportunities, but less than debt funds. Experts suggest arbitrage funds for investors with a one-year horizon.
These government schemes offer higher interest rate than SBI, HDFC, PNB and ICICI Bank
Banks have reduced fixed deposit rates. Government has kept small savings schemes rates unchanged for the September quarter of FY 2025-26. Comparing returns from small savings plans with fixed deposits is crucial.
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Tata Motors, other truck and bus makers urge govt to exempt small commercial vehicles from CAFE 3 norms
Indian truck and bus manufacturers are appealing to the government to exempt small commercial vehicles (SCVs) under 3.5 tonnes from stricter Corporate Average Fuel Efficiency (CAFE) norms. They cite affordability issues for owner-operators and small businesses, highlighting that most SCV owners rely on these vehicles for their livelihoods.
Centene stock crashes 40% as enrollments drop and costs surge, 2025 outlook pulled
Centene stock took a major hit as the healthcare company pulled its 2025 earnings outlook, sending shares crashing to their lowest point since 2017. Centene, known for its Medicaid and Affordable Care Act (ACA) coverage, revealed that slower enrollment growth and higher-than-expected patient illness would cut $2.75 per share off its earnings. The update slashed its projected revenue by $1.8 billion, causing widespread analyst downgrades. Centene also announced it would reprice its 2026 marketplace plans to reflect these unexpected costs. This sudden shift has left investors and analysts worried about the future of healthcare stocks in the ACA market.
Analysis shows Trump's tariffs would cost US employers USD 82.3 billion
A study reveals that US employers may incur significant costs due to President Donald Trump's tariff policies. JPMorganChase Institute estimates a direct cost of USD 82.3 billion for businesses. Retail and wholesale sectors are particularly vulnerable. These tariffs could lead to price increases, layoffs, or reduced profits. The analysis contradicts claims that foreign manufacturers will bear the tariff costs.
UnitedHealth (UNH) stock rises as major changes are underway at the company
UnitedHealth stock outlook is in sharp focus as shares stay locked between $300 and $310. With Q2 earnings approaching and key leadership changes unfolding, investors are watching for a breakout. UnitedHealth stock is bouncing back fast, jumping over 3.7% as big changes take place inside the company. After a rough few months, the return of ex-CEO Stephen Hemsley and a full Optum Health reorganization has investors feeling hopeful again. The stock climbed past $323 after sinking earlier this year due to rising Medicare costs and DOJ probes. With new leadership and a fresh game plan, Wall Street is watching closely. Will UnitedHealth finally recover?
Don’t forget to claim these five deductions for reducing your income tax liability for AY 2025-26 under old tax regime
The deadline for submitting ITR for FY 2024-25 is September 15, 2025 and this means eligible taxpayers should claim eligible certain tax deductions under the old tax regime. Some common tax deductions are available under sections 80D, 80C, 80TTA, 80TTB. These include health insurance premiums, EPF, PPF, ELSS, and savings account interest. Read below to know more.
GST's 8th Anniversary: With disputes piling up, India pushes for faster, fairer resolution framework
India's GST system, despite simplifying taxation, grapples with escalating disputes and adjudication delays. Pending cases have surged, blocking significant working capital, especially for MSMEs. Government measures like clarifications and relaxed pre-deposit norms aim to alleviate the backlog, but the operationalization of GSTAT, binding appellate timelines, and a National AAR are crucial for efficient dispute resolution.
Banks earnings will reduce in Q1 FY26 due to weak loan growth, lower margins and soft fee: Report
Indian banks may face challenges in the first quarter of fiscal year 2026. A report by IIFL Capital predicts weak loan growth and lower margins. Seasonally soft fee income and higher slippages could also impact performance. Overall profit after tax is expected to decline. Loan growth has slowed, except for MSME loans. Net interest margins are also likely to contract.
Malaysia data centres battle higher power costs, unclear pricing
Malaysia’s unexpected power tariff hike of 10–14% is prompting data centre operators to reassess costs, threatening its appeal as a digital investment hub. Larger facilities face steep rises, risking a shift of investments to regional rivals like Vietnam or Thailand, despite previous advantages in energy pricing and grid stability.
Railway fee hike, train tatkal booking with Aadhaar OTP, credit card changes, ATM charges: Six money changes from July 2025
July 2025 brings financial and service changes impacting bank customers, train travelers, and EPF members. Axis Bank and ICICI Bank are revising ATM fees and service charges. Indian Railways mandates Aadhaar authentication for online Tatkal bookings, with stricter OTP verification rolling out mid-month. The government will also announce new interest rates for small savings schemes.
Bengaluru landlord asking security deposit enough to buy new Thar? Flat in IT hub with Rs 19 lakh as deposit goes viral
Caleb Friesen, a Canadian creator in India, is surprised by Bengaluru's high rents. He highlighted a listing with a large security deposit. Users reacted with varied opinions on the cost. Friesen moved to Bengaluru eight years ago seeking personal growth. He shared his reasons in a viral video. Many Indians go abroad, but he chose India.
CLSA rates SBI ‘Outperform’ with Rs 1,050 target, citing value unlocking potential from unpriced NSE and Yes Bank stakes
CLSA retained an ‘Outperform’ rating on SBI with a Rs 1,050 target, citing strong core metrics, steady loan growth, and potential value unlocking from stakes in NSE and Yes Bank. SBI’s consistent asset quality and market share gains support re-rating hopes despite modest stock performance.
Ola transforms ride-hailing with new flat fee model: What it means
Ola has introduced a nationwide flat fee model, allowing drivers to retain 100% of their earnings after paying a daily access charge of Rs 67. This strategic shift replaces the previous commission system, aiming to address market pressures and regain driver loyalty amidst increasing competition.
Bank of Baroda launches bob Flexi Systematic Deposit Plan: What is it, how does it work
Bank of Baroda has launched bob Flexi Systematic Deposit Plan (SDP), a recurring deposit scheme designed for disciplined savings with flexible monthly contributions. Customers can start with a minimum of Rs 500 and increase deposits up to 10 times the base instalment, capped at Rs 1 lakh monthly.
India, Oman revise DTAA: What’s the income tax impact on professionals earning in both countries?
India and Oman have updated their Double Taxation Avoidance Agreement, effective May 2025, to prevent double taxation and also reflect current global tax norms. The revised treaty promotes cross-border investments by lowering tax rates on royalties and technical service fees. It also introduces a non-discrimination clause and strengthens information exchange between the 2 countries.
RBI rate cut to support growth; when credit offtake rises, so will deposits: Axis Bank CEO Amitabh Chaudhry
Amitabh Chaudhry of Axis Bank believes India's growth remains strong despite global issues. He anticipates increased credit demand following rate cuts. Japanese banks' entry signals confidence in India. New entrepreneurs will emerge, driving growth. Axis Bank addresses deposit challenges and focuses on strategic growth. The bank is open to microfinance opportunities and aims to improve its market position.
Beyond the one-number mirage: 7 stocks from different sectors with an upside potential of up to 24%
Investors crave shortcuts, and in the market the PE ratio feels like the ultimate cheat-code: Current share price divided by per-share earnings. A low PE is considered “cheap”, a high PE “expensive”. Simple, seductive and often way wrong. There are enough examples where a low PE stock has remained a lower PE stock for ages, and a high PE stock continued to rise higher even as it created wealth. If you have any doubt, look at the PE history of stocks like Nestle, Page Industries and many more with some moat which no one is able to beat. Price is meaningless without context, and context is what the PE ratio strips away.
Deposits grew faster than credit amid cautious economic activities
Deposit mobilisation by banks saw a rise of 10.4% year-on-year till June 13. This growth surpassed the credit expansion of 9.6%. Consequently, the credit-deposit ratio for banks declined. Fixed deposit mobilisation increased due to expectations of deposit rate cuts. Reserve Bank of India reduced the repo rate. Banks' credit grew 9.6% year-on-year as of June 13.
RBI rate cuts to revive slow credit growth in FY26
India Ratings and Research anticipates a rebound in banking sector credit growth, spurred by the Reserve Bank of India's rate cuts. While credit growth slowed to 9.9% in April 2025, IndRa projects a rise to 13%-13.5% for the current fiscal year. This growth will be supported by private capex revival, even as lending to NBFCs and the retail sector slows.
All banks need to swiftly pass on 50-bps rate cut to customers: RBI Bulletin
The Reserve Bank of India (RBI) is encouraging banks to lower lending rates to ensure recent policy rate cuts are effectively passed on to borrowers. Financial conditions are favorable for this transmission, with banks already reducing rates following earlier cuts. A CRR reduction is expected to inject liquidity, further lowering banks' costs and aiding monetary policy transmission.
China's collateral demands curbing emerging countries' ability to manage finances, study shows
A recent study reveals China's lending practices to low-income nations, securing loans with commodity revenues and restricted escrow accounts, are hindering their financial management. Nearly half of China's $911 billion lending is secured with cash deposits.
Bumble layoffs: Dating app to cut 30% global workforce, impacting over 240 roles
The move will save about $40 million for the dating app. This money will be invested in product and technology development. The company said the headcount reduction is being done to realign its operating structure to focus on "strategic priorities."
Sky’s the limit: AVPL International is driving change, one drone at a time
The drone maker’s emphasis on precision agriculture and expansive, on-ground training is elevating India’s MSME ecosystem and earning it prestigious honours such as the ET MSME Award
ETMarkets Smart Talk: Sectors to watch in 2H2025 - Defence, Real Estate, Aviation, says Alok Agarwal
Alok Agarwal from Alchemy Capital Management identifies defence, real estate, and aviation as key sectors poised for growth in 2H2025, driven by improving macro stability and supportive monetary policy. He highlights a recent RBI rate cut and strong Q4FY25 earnings as positive catalysts. While cautious about global uncertainties, Agarwal remains optimistic about India's long-term economic outlook.
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