RBI OKs 1-year extension for IndusInd CEO, not 3 years as sought

The Reserve Bank of India approved a one-year reappointment of Sumant Kathpalia as MD and CEO of IndusInd Bank, effective March 2025, reducing the tenure initially proposed by the board. Kathpalia, with 37 years of experience, has led initiatives in balance sheet strengthening, digital transformation, and governance improvements. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jb3vI...

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National Savings Certificate vs Bank Fixed Deposits: Tax benefits, interest calculation & TDS compared

The National Savings Certificate (NSC) and bank tax-saving Fixed Deposits (FDs) are popular investment options offering guaranteed returns and tax benefits under Section 80C. NSC provides an annual interest rate of 7.7% with yearly compounding, while leading banks offer FDs with rates between 6.5% and 8% annually. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rzdG6...

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Top stocks to buy today: Stock recommendations for March 7, 2025

Stock market recommendations: Adani Ports and Axis Bank are top stock picks, as per Bajaj Broking Research. Nifty's expected to extend a pullback towards 22,800, while Bank Nifty consolidates in the range of 47,800-50,500. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VQZ8r...

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European central bank cuts interest rates amid looming trade war, growth concern

The European Central Bank has cut interest rates by 25 basis points to 2.5% to boost economic activity in the eurozone. Amid low inflation and stagnant growth, the ECB aims to ease borrowing costs for consumers and businesses. Increased defence spending and potential US trade tariffs add uncertainty to future economic outlook. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MqLdm...

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Buy calls for today: Stock recommendations for March 6, 2025

Top stock market recommendations: Aakash K Hindocha from Nuvama suggests buying Indigo, Jindal Steel, and Medanta. Nifty shows signs of recovery after 10 days of decline with support, while Bank Nifty also indicates potential upside. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2yaNH...

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Top 5 Bank Fixed Deposits: Check best FDs for 1, 2, 3 and 5-year time period - here's how much Rs 10,000 will grow to

Top Bank Fixed Deposits: With the RBI's recent repo rate cut and the likelihood of another cut in April 2025, fixed deposit interest rates might decline. Currently, elevated interest rates offer a favourable period for risk-averse investors. Evaluation of interest rates and conditions across banks is essential for optimal FD investments. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Qu91D...

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RBI takes note! How overseas students are being used by wealthy parents to stash money abroad

The RBI is scrutinizing the use of a 2003 foreign exchange regulation granting NRI status to Indian students abroad, aimed at tax and fund transfer benefits. The central bank considers refining guidelines to differentiate between legitimate students and those exploiting the policy transfers. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xdpEY...

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Top stocks to buy: Stock recommendations for the week starting March 3, 2025

Stock market recommendations: Motilal Oswal Financial Services Ltd recommends HDFC Bank and Max Healthcare for this week. HDFC Bank is set to benefit from RBI's new policies Max Healthcare shows significant Q3 performance with a 34.9% revenue increase. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/twxy4...

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India's economy set for Q4FY25 boost with increased government spending and capex: UBI report

India's economy is expected to see a boost in Q4FY25, supported by a sustained increase in government spending and capital expenditure (Capex), alongside a pickup in consumption driven by the Maha-Kumbh and wedding season, according to a report by Union Bank of India. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GkQH0...

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