Author: Finance Khabar
Finance Desk – The US stock market moved closer to record highs on Tuesday after new data showed that inflation in July was slightly lower than expected. This has fueled hopes that the Federal Reserve may cut interest rates in September. Lower interest rates would make it cheaper for people and businesses to borrow money for things like homes, cars, and equipment something President Donald Trump has been pushing for. He has repeatedly criticised Fed Chair Jerome Powell for delaying rate cuts. The Federal Reserve, however, has been cautious, concerned that Trump’s tariffs could push prices higher. On Tuesday, the…
Finance Desk – The State Bank of India (SBI) has announced 5,583 vacancies for the post of Junior Associates (Customer Service & Support) across the country. Interested candidates can apply online from August 6 to August 26, 2025. This new recruitment drive comes after SBI recently hired 505 Probationary Officers and 13,455 Junior Associates. The bank is aiming to improve customer service and strengthen its network across India through this fresh round of hiring. SBI said the selected candidates will get a chance to work across its wide network of branches and offices, offering a strong start to their careers…
Finance Desk – Even though US President Donald Trump has taken a tough stand on tariffs with India, his real estate brand is growing rapidly in the country. In fact, India is now set to become the largest market for Trump-branded properties outside the United States. From 3 Million to 11 Million Sq Ft Since the first Trump project launched in India in 2012, the brand has expanded fast. Till last year, Trump properties covered about 3 million square feet. But once all current and upcoming projects are completed, that number is expected to grow to 11 million square feet,…
Meerut, 4th August 2025: To raise awareness about reproductive health and the growing impact of lifestyle on men’s and women’s fertility health, Motherhood Fertility & IVF, Noida, organized a Mega IVF Screening & Counseling Camp at Tim Buk Too Hotel in the city. The initiative witnessed an overwhelming response, with over XX couples turning up to seek fertility advice, undergo screening, and understand their reproductive health better. For many, it was their first time speaking to a specialist or even considering that common lifestyle habits could be affecting their ability to conceive. Modern-day stress, poor diet, irregular sleep, consumption of alcohol or tobacco, smoking, late…
Meerut : Xtelify, a fully-owned subsidiary of Bharti Airtel (‘Airtel’) housing all of Airtel’s digital assets and capabilities, today launched a sovereign, telco-grade cloud platform – ‘Airtel Cloud’. Tailored to handle 140 crore transactions per minute for Airtel’s own use in India, this sovereign cloud platform is now being extended to meet the ever-evolving needs of businesses in India. Hosted on next-gen sustainable data centres, with Gen-AI based provisioning, and managed by 300 certified cloud experts, the highly secure and reliable Airtel Cloud offers IaaS, PaaS and advanced connectivity and guarantees secure migration, effortless scaling, lower costs and no vendor lock-ins.…
Jaguar Land Rover owner announces all-cash offer to buy Italy-based truckmaker Finance Desk – Tata Motors has announced its biggest-ever acquisition a €3.82 billion (₹33,360 crore) all-cash deal to buy Italian truckmaker Iveco S.p.A. The deal, valued at €14.10 per share, involves acquiring all 27.2 crore outstanding shares of Iveco. The acquisition will be done through a new company fully owned by TML CV Holding Pte. Ltd., a Singapore-based arm of Tata Motors. This marks Tata Motors’ largest global deal so far, surpassing its 2008 purchase of Jaguar Land Rover for $2.3 billion. The company plans to delist Iveco from…
RBI likely steps in to control the fall Finance Desk – The Indian rupee dropped to a five-month low on Thursday after U.S. President Donald Trump announced a 25% tariff on goods imported from India. The rupee fell to 87.74 against the U.S. dollar but later recovered slightly to 87.56 by 11:30 a.m. IST, still down by 0.2% for the day. The rupee is now close to its all-time low of 87.95, which it had reached in February. So far this year, the rupee has lost 2% of its value, making it one of the weakest currencies in Asia. President…
Transform your home into a cool, energy-efficient space with Atomberg fans. Save on electricity bills and enjoy smart comfort, made even more affordable with Bajaj Finserv’s Easy EMI options. When it comes to creating a comfortable and energy-efficient home, ceiling fans play a bigger role than many realize. Often seen as a summer essential, a good-quality fan is actually a year-round necessity. It improves air circulation, maintains indoor comfort, and helps reduce electricity bills in every season. That is where Atomberg fans stand out. Combining advanced BLDC motor technology, elegant aesthetics, and smart connectivity features, Atomberg offers a new generation…
Finance Desk – The Income Tax Department has released the online utility for Form ITR-2 on July 18, giving salaried taxpayers the green signal to start filing their income tax returns. This year, the government has extended the last date for filing returns to September 15, instead of the usual July 31. While this gives more time, chartered accountants say the delay in releasing ITR-2 and ITR-3 forms means they now have only around 60 days to complete a huge number of filings, causing a last-minute rush closer to the September 30 deadline for other compliances. Common Problems Taxpayers Are…
Finance Desk – In a major move that could help small taxpayers, a Lok Sabha Select Committee has recommended changing a rule in the proposed Income-Tax Bill, 2025. The committee wants to remove the requirement of filing income tax returns just to get a refund, even if the person’s income is below the taxable limit. Right now, if your income is below the exemption limit but tax has been deducted from your income (like TDS by banks or employers), you still have to file a return to get that money back. If you don’t file it on time, you could…
Finance Desk – In a major relief for employees and their families, the Ministry of Labour and Employment has updated the Employees’ Deposit-Linked Insurance (EDLI) Scheme to make it easier to claim the minimum ₹50,000 insurance payout in case a Provident Fund (PF) subscriber dies. Here’s what the new rule says: Even if the employee’s PF balance is below ₹50,000, their family will still get a minimum insurance payout of ₹50,000 after the subscriber’s death. This benefit applies if the employee passed away during the last 12 months or while being an active PF member, even with a low PF…
Finance Desk – The Indian rupee is expected to open stronger on Friday, getting support from a slight pullback in the U.S. dollar and a recovery in other Asian currencies. What Happened? On Thursday, the rupee had ended at 86.0750, but on Friday, it’s likely to open between 86.00 and 86.02 — a level below 86 for the first time in nearly a month. A currency trader from a bank said, “Asia will support the rupee at the opening, but overall, the market still looks like a buy-on-dips situation for the dollar.” Dollar Index Update The U.S. dollar index slipped…
Annual subscription of the tool, worth *INR 17000, is free for Airtel customers New Delhi, July 17, 2025: Bharti Airtel has partnered with Perplexity, to offer 12-month Perplexity Pro subscription free of cost to all its 360mn customers. Perplexity is an AI-powered search and answer engine that offers real-time, accurate and deeply researched responses to users in a conversational language. It elevates a customer’s search from listing of web pages to an easy-to-read answer, which can be iterated with the self-learning AI-tool for the precise outcome the user needs. Perplexity has a free offering, which offers powerful search functions, while the…
Finance Desk – Gold prices dropped in early trade on Thursday (July 18), mainly due to stronger US dollar and easing global worries. Meanwhile, silver prices edged higher thanks to good demand in the spot market. At 9:05 AM, on the MCX (Multi Commodity Exchange): Gold (August 5 contract) was down 0.30% at ₹97,490 per 10 grams Silver (September 5 contract) was up 0.10% at ₹1,11,748 per kg Why Is Gold Falling? The US dollar index rose 0.20%, making gold more expensive for those using other currencies. Trade tensions eased after US President Donald Trump said the US is close…
Finance Desk – The government has made it clear that it has no plans to allow business houses to hold controlling stakes in banks, sticking firmly to the current 26% cap on corporate shareholding. A senior government official, speaking on condition of anonymity, said this limit is necessary to prevent “self-lending” – where businesses use banks to fund their own companies. This was one of the major reasons behind bank nationalisation in 1969, the official pointed out. Why the Caution? Even though big Non-Banking Financial Companies (NBFCs) like Tata Capital and Bajaj Finance have strong governance systems, the government believes…
India – July 16, 2025 – London-based technology company Nothing today announced that two category-defining products will be available for purchase across India, starting today at 12 noon – Nothing Phone (3), its first true flagship smartphone, and Nothing Headphone (1), its debut over-ear audio product. Both products reflect Nothing’s vision to reimagine consumer tech with intentional design and bold innovation. Nothing Phone (3) Nothing Phone (3) introduces groundbreaking innovations that set new standards in the smartphone industry. The device features a pro-grade triple camera system, including a class-leading 1/1.3″ main sensor for rich low-light shots, lossless optical zoom, and cinematic…
Paris, July 15, 2025, Eutelsat (ISIN: FR0010221234 – Euronext Paris / London Stock Exchange: ETL) announces that The United Kingdom is to participate in the contemplated capital increase announced by Eutelsat on June 19, 2025. This additional participation from another key reference shareholder will increase the total amount to be raised to €1.5 billion, further underpinning the execution of Eutelsat’s long-term strategic vision. His Majesty’s Government, via The Secretary of State for Science, Innovation and Technology of the United Kingdom, has joined The French State via the APE (Agence des Participations de l’Etat), Bharti Space Limited, CMA CGM, and FSP (together…
Finance Desk – Gold prices went up as investors rushed to buy the safe-haven metal after former US President Donald Trump announced new 30% tariffs on European Union and Mexico, set to begin next month. What Happened? Why Is Gold Rising? Trump has been sending letters to global leaders, warning them about higher tariffs, including to Canada, Brazil, Mexico, and EU. With Trump’s August 1 deadline approaching and trade tensions rising, investors are turning to gold as a safe investment. What Else Is Supporting Gold? Other Metals
Finance Desk – The Indian stock market is expected to open on a positive note on Thursday (July 10), despite global uncertainties caused by new tariff announcements from former US President Donald Trump. Here are 8 key things that changed for the market overnight: Sensex and Nifty May Open Higher After closing lower on Wednesday, both Sensex and Nifty 50 are likely to see a positive start today. Gift Nifty was trading around 25,568, up 38 points from the previous Nifty futures close — a positive sign for early trade. Wednesday Recap: Market Closed Lower Sensex dropped 176 points to…
Finance Desk – Union Bank of India saw its share price drop by 6% on Wednesday (July 9), touching ₹141.54 during intraday trading. The fall came after the bank released its Q1 FY26 business update, which showed a quarter-on-quarter (QoQ) decline in both deposits and loans. Key Highlights from the Update: Global Gross Advances (total loans) stood at ₹9.74 lakh crore Down 0.85% QoQ Up 6.83% year-on-year (YoY) Domestic Advances at ₹9.38 lakh crore Down 0.83% QoQ Up 6.75% YoY Retail, Agriculture & MSME (RAM) portfolio: ₹5.45 lakh crore Up 2.5% QoQ Up 10.31% YoY Retail Advances alone grew to…