Credit rating agency ICRA has reaffirmed India’s GDP growth projection at 6.2% for the fiscal year 2026, backed by positive domestic factors such as a steady monsoon and controlled oil prices. Why It’s Important: Strong monsoons boost agriculture and rural demand. Low oil prices reduce import costs and inflation. These trends can sustain economic momentum even if the global market faces uncertainty. However, ICRA has also cautioned that global...

Mysore Sales International Ltd (MSIL) is revamping its ₹500 cr chit-fund operations via a new mobile app, aiming for ₹10,000 cr annual volume. The initiative includes micro-chits, a digital agent network, and financial inclusion tools for underserved communities. Formalizing informal savings benefits unbanked citizens and introduces new fintech competition in the chit segment.

RBI Rate Cut: ఆర్బీఐ గత కొంత కాలంగా కీలక వడ్డీ రేట్లను తగ్గిస్తూ వస్తున్న సంగతి తెలిసిందే. వరుస సమీక్షల్లో 25 బేసిస్ పాయింట్ల మేర వడ్డీ రేట్లు తగ్గించింది. ఇప్పుడు జూన్ 6న కూడా రిజర్వ్ బ్యాంక్.. మరోసారి వడ్డీ రేట్లను తగ్గించనున్నట్లు తెలుస్తోంది. అయితే ఈసారి ఇంకా ఎక్కువే తగ్గించొచ్చన్న అంచనాలు ఉన్నాయి. ఇది హోం లోన్ వడ్డీ రేట్లను మరింత కిందికి చేర్చుతుందని చెప్పొచ్చు.

Upgrading to PAN 2.0 is now quick and simple! With Aadhaar-linked features and enhanced digital access, PAN 2.0 brings more security and convenience to your financial life. Follow these easy steps to update your PAN and enjoy the new benefits. The Union Cabinet approved the PAN 2.0 Project to make PAN the “single source of truth and data consistency.” With PAN already linked to Aadhaar. More On News: The Cabinet Committee on Economic Affairs (CCEA) has approved the...

From EMIs to Easy Repayment: Common Loan Mistakes Indians Make — and How to Avoid Them With increasing financial aspirations and easier access to credit, more Indians are turning to loans to fund everything from education and medical emergencies to home purchases. While taking a loan can be a smart financial move, the real challenge often lies in managing repayments. Missed EMIs, poor planning, and reactive decision-making can turn good credit into growing debt. Here are five common...

Delhi-Bound Passengers Alert: Over 32 Trains Affected Due to Scheduled Maintenance Work New Delhi: If you're planning to travel to Delhi by train this week, here's an important update for you. The Indian Railways has announced that more than 32 Delhi-bound trains will be impacted on Wednesday due to a scheduled traffic block for essential maintenance work. The planned maintenance activity is part of the Railways' ongoing efforts to ensure safer and more efficient operations across key...

Gold and Silver Prices Decline Amid Tepid Demand: City-Wise Rates on May 20, 2025 On May 20, 2025, gold and silver prices in India witnessed a decline, influenced by subdued demand and prevailing market conditions. 📉 Gold Prices on MCX Gold June Futures: Opened at ₹92,965 per 10 grams, marking a decrease of ₹332 or 0.36% from the previous close. This downward trend reflects a cooling in investor sentiment, possibly due to global economic factors and currency fluctuations. 📉 Silver...