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SBI will charge fees for IMPS transfers above ₹25,000 from February 15, 2025. Transfers up to ₹25,000 remain free. Fees range from ₹2 plus GST (₹25,001–₹1 lakh) to ₹10 plus GST (₹2–5 lakh). The bank cites digital service maintenance as the reason, affecting mostly large online transfers via app or internet banking.
If your credit card spending does not match your declared income, the IT Department may increase scrutiny. Swiping cards for friends, routing money as rent, unnecessary reward-based transactions, wallet loading, and large cashback deals are risky. Suspicious activity can trigger notices, and unexplained expenses may be treated as undisclosed income.
On January 13, 2026, Indian markets closed lower as BSE Sensex fell 250 points to 83,627.69 and NSE Nifty 50 ended at 25,732.30, dragged by consumer durables and realty stocks. Top gainers included ICICI Bank, Eternal, and Tech Mahindra, while Trent, L&T, and IndiGo led losses. Midcaps slipped, smallcaps rose modestly, with PSU banks and […]
AP CM Chandrababu is set to launch multiple development initiatives today. He will inaugurate new boys’ and girls’ hostels at SV University, Tirupati, and lay the foundation stone for a ₹126-crore project in Moolapally. TDP Party sources added that a semi-indoor substation and the Sanjeevani project will also be inaugurated in Naravaripalle.
The Sensex and Nifty opened at fresh record levels in early trade on Tuesday, January 13, 2026. The Sensex started trading today at 84098.49, up at 220.32 points or 0.26%, and the Nifty was at 25848.65, up at 58.40 points or 0.23%. Meanwhile, the Indian rupee was trading today at 90.23 against the dollar.
Apple and Google announced a multi-year partnership under which Apple’s next-generation AI features, including Siri, will be powered by Google’s Gemini technology. The deal marks a shift for Apple’s in-house approach. The companies said Gemini offers the strongest foundation for Apple Foundation Models, enabling new AI-driven user experiences across Apple platforms.
India’s Credit-Deposit ratio has steadily risen from 53% in 2000-01 to 82% by December 15, 2025, reflecting improved financial development and supporting economic growth. SBI Research noted that incremental ratios crossed 100% at times, showing strong credit demand. Banks met this by raising resources from alternative sources despite slow deposit growth.
Indian equities snapped a five-day losing streak on Monday, buoyed by hopes of imminent US–India trade talks. The Sensex rose 302 points to close at 83,878, while the Nifty50 gained 107 points to end at 25,790. Broader markets remained weak as investors awaited December inflation data and the February 1 Union Budget.
The board of Maruti Suzuki India Ltd approved the acquisition of land at Khoraj Industrial Estate in Sanand from the Gujarat Industrial Development Corporation. The move is aimed at expanding the company’s production capacity. This will be Maruti Suzuki’s second manufacturing facility in Gujarat after its existing plant at Hansalpur.
Gold and silver prices surged sharply in the Hyderabad bullion market, impacting buyers across the city. 10 grams of 24-carat gold rose by ₹1,690 to ₹1,42,150, while 22-carat gold increased by ₹1,550 to ₹1,30,300. Silver also saw a significant hike, with a kg reaching ₹2,87,000, up ₹12,000 from yesterday. Prices remain largely consistent across TG […]
The Sensex and Nifty opened at fresh record levels in early trade on Monday, January 12, 2025. The Sensex started trading today at 83435.31, down at 140.93 points or 0.17%, and the Nifty was at 25669.05, down at 14.25 points or 0.06%. Meanwhile, the Indian rupee was trading today at 90.21 against the dollar.
The Income Tax Act, 2025, replacing the 1961 law, will come into effect from April 1. It simplifies direct tax provisions, halves sections, removes ambiguities, and introduces a single “tax year” system. Revenue neutrality is maintained, while TDS refunds post-deadline are allowed. Budget 2026-27 changes will be incorporated, aiming to reduce litigation.
Mobile users may face a sudden price hike as telecom companies plan to raise tariffs by around 15% after two years. According to a Jefferies report, the increase is expected in June 2026. Jio is likely to raise rates by 10-20%, with Airtel following a similar pattern, signaling a substantial impact on consumers’ monthly bills.
The SBI has announced new rules that increase ATM interchange fees. According to the revised policy, any withdrawal beyond the free limit at other banks’ ATMs will now incur a charge of ₹23 plus GST, up from the previous fee of ₹21. Additionally, the fees for non-cash transactions, such as balance inquiries, have increased from […]
Indian markets ended a fifth consecutive losing week, with Sensex down 604.72 points to 83,576.24 and Nifty50 at 25,683.30. Weekly losses were 2.4–2.45%, the steepest since September 2025. Volatility index VIX surged 15.6%. Realty, consumer durables, and auto stocks led declines, while Asian Paints, HCL Tech, and RIL gained.