Savings bank account for children: Know the latest RBI rules Early age savings and financial independence empower your child to become money-wise. RBI has issued fresh guidelines for banks regarding the opening and operation of deposit accounts by minors. The revised guidelines are aimed at harmonising existing regulations to ensure greater clarity and appropriate safeguards…
China on Wednesday signaled a renewed willingness to engage in trade negotiations with the United States, declaring that “the door for talks is wide open” amid ongoing tariff tensions.The statement follows recent comments by US President Donald Trump, who hinted that the sweeping tariffs on Chinese imports—some as high as 145 percent—could be significantly reduced…
Stupid idea’: Zepto CEO Aadit Pichlai regrets comment mocking ‘work-life balance’ Zepto CEO Aadit Pichlai has opened up about his viral 2024 mocking comment on work-life balance, calling it a ‘stupid idea’. Speaking on a podcast with Y Combinator President Garry Tan, Palicha talked at length about the startup life, work culture, and Zepto’s startup…
Gold had crossed the Rs 1 lakh mark this week. (AI image) Gold rate today: Gold June futures at MCX experienced profit booking on Wednesday after reaching a record high of Rs 99,358, opening lower by Rs 1,883 or 1.45% at Rs 95,457/10 grams. Market participants secured profits at elevated gold prices. Gold had crossed…
Market experts anticipate continued upward momentum based on potential India-US trade agreements. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Wednesday. While BSE Sensex went above 80,200, Nifty50 was above 24,350. At 9:21 AM, BSE Sensex was trading at 80,140.02, up 544 points or 0.68%.Nifty50…
New Delhi: Air India MD & CEO Campbell Wilson has stepped down as chairman of the AI Express and Nipun Aggarwal will take over that role. Aggarwal, who is on the board of the budget airline, will continue in his role as AI’s chief commercial officer.AI’s chief operating officer Captain Basil Kwauk will replace Wilson…
MUMBAI: Financial and corporate governance lapses at Gensol Engineering and its affiliate BluSmart have nudged investors to tighten the terms of investment contractsand incorporate additional clauses to protect their investments, lawyers told TOI. A series of frauds and governance mishaps at startups over recent years already made investors legally prudent, but now they are seeking…
NEW DELHI: Puttting an end to his ‘big plans’ in the telecom business, Adani Group chairman Gautam Adani decided to move out of the competitive and capital-heavy sector. And, he has decided to sell the airwaves, acquired in 2022 auctions, to Bharti Airtel.Adani Data Networks acquired 400 MHz spectrum in 26GHz band for about Rs…
MUMBAI: Rallying for the fourth consecutive session, gold futures contracts expiring in August, October, and December on the Multi Commodity Exchange (MCX) topped the Rs 1 lakh/10gram mark on Tuesday. In spot markets around the country, the precious metal was trading just under that mark.The upsurge in the yellow metal’s rate came after its price…
For India, the growth outlook is relatively more stable at 6.2 percent in 2025, said IMF. (AI image) India’s GDP growth outlook for 2025 has been revised downwards to 6.2% by the International Monetary Fund (IMF) in its World Economic Outlook report for April 2025. In its January world growth outlook report, the IMF had…
