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Massive Withdrawal: FPIs Pull Out Rs 10.4k Crore in Just 4 Trading Sessions Amid US Tariff Spat

Foreign portfolio investors withdrew Rs 10,355 crore from India's equity markets in four trading sessions due to US tariff impositions, reversing a previous trend of heavy investme...

RBI Announces Higher ATM Withdrawal Fees: What You Need to Know About the Rs 2 Increase

The Reserve Bank of India (RBI) has increased the ATM withdrawal fees by Rs 2, setting the new charge at Rs 23 for transactions beyond the free limit, effective May 1, 2025. Custom...

Indian Bank Faces Rs 873 Crore Tax Demand Notice: A Detailed Look into the Controversy

Indian Bank has received a Rs 873 crore tax demand notice from the income tax department for AY 2017-18, citing certain disallowances. The bank plans to appeal, confident in its le...

Income Tax Dept Demands Rs 559 Crore from Indian Overseas Bank: A Deep Dive into the Financial Standoff

The income tax department has demanded Rs 559 crore from Indian Overseas Bank (IOB) under Section 156 of the Income Tax Act, 1961. IOB plans to appeal, citing strong legal grounds ...

India's Forex Reserves Surge by $5 Billion, Reaching a Staggering $641 Billion

India's forex reserves increased by $4.8 billion to $640.5 billion in the week ending February 21, recovering from a previous week's drop. This follows a period of decline due to r...