News
Fiscal surplus rises to Rs 2 lakh crore in May, but FY27 remains in deficit
1+ hour, 46+ min ago (430+ words) In other words, while May remained in surplis, the cumulative fiscal position for the first two months of FY27 (financial year to date) remained in deficit, the data showed. The fiscal deficit for April-May stood at 9. 6 per cent of the full-year…...
Planning Rs 5 lakh FD? Not SBI or HDFC! These banks offer up to 8. 5% interest to senior citizens
4+ day, 9+ hour ago (562+ words) Small finance banks continue to offer the highest fixed deposit returns to senior citizens at select tenures, with six lenders currently providing interest rates of 8 per cent or more, significantly higher than public and private sector banks, according to data…...
Rs 5 lakh Investment in Special FD: Here's what senior citizens can get on Rs 5, 00, 000 deposit in PSU banks' special fixed deposit schemes
2+ week, 6+ day ago (293+ words) This article will talk about special FDs provided by PSU banks like State Bank of India (SBI), Canara Bank, Bank of Baroda (Bo B), Punjab National Bank (PNB), and Central Bank of India. We will also calculate the maturity amount on…...
Iran-Israel Tensions Ease, Markets Cheer
3+ week, 13+ hour ago (254+ words) The reported halt in direct attacks between Iran and Israel has generated optimism across global financial markets. Investors view the reduction in geopolitical tensions as a positive development because prolonged conflict in the Middle East can significantly impact energy supplies,…...
India logs $7. 1 billion Bo P surplus in March quarter'What does it mean and what next?
3+ week, 12+ hour ago (394+ words) For the quarter ended December 31, a deficit of 1. 5 per cent was recorded. For the full year, the current account deficit (CAD) stood at $25. 2 billion or 0. 6 per cent "of GDP. The RBI data comes days after central bank Governor Sanjay Malhotra…...
RBI Annual Report: FY27 growth seen at 6. 9%; inflation risks remain " key takeaways
1+ mon, 1+ day ago (779+ words) RBI Annual Report: The Reserve Bank of India on Thursday released its Annual Report for 2025-26, highlighting that the Indian economy remained the fastest-growing major economy in the world despite global geopolitical tensions, trade uncertainty and volatile financial markets. The central…...
us market record high silver crude dollar update
1+ mon, 2+ week ago (225+ words) Global markets witnessed strong momentum as Dow Jones Industrial Average and S&P 500 closed at record highs, reflecting positive investor sentiment across Wall Street. Gains in technology, industrial, and financial stocks supported the rally in US equities. The US Dollar…...
Senior Citizen FD Rates May 2026: SBI, PNB, HDFC Bank, ICICI Bank, other major lenders pay these returns'Which banks pay up to 8. 5%?
1+ mon, 3+ week ago (323+ words) State Bank of India offers FD rates starting from 3. 55 per cent for 745 days and going up to 7. 05 per cent for 510 years. It remains the most trusted PSU bank due to government backing, making it ideal for long-term, low-risk investment. Punjab…...
RBI Policy Meeting 2026: 5 key takeaways on repo rate, GDP growth, inflation and central bank decisions
2+ mon, 3+ week ago (626+ words) The Reserve Bank of India (RBI) on Wednesday decided to keep the policy repo rate unchanged at 5. 25 per cent, citing the ongoing conflict in West Asia and its impact on global supply chains and energy prices. The Monetary Policy Committee…...
Finance Ministry flags rising external risks as trade deficit and CAD expand
3+ mon, 1+ day ago (307+ words) Zee Business External sector pressures are building up for the Indian economy amid a volatile global backdrop, with recent data from the Finance Ministrys Monthly Economic Review for March 2026 pointing to a deterioration in trade dynamics, widening imbalances, and emerging…...