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Finance Ministry Alerts: Household Savings Shift to Market-Linked Products Poses Major Risks

Emily Rodriguez 20 Mar, 2025

The Finance Ministry warns about the risks of households shifting savings to market-linked financial products, highlighting potential financial losses and challenges for banks' liq...

Business

Union Budget 2025: Major Tax Reliefs Announced by FM Nirmala Sitharaman

Ryan Peterson 01 Feb, 2025

Finance Minister Nirmala Sitharaman announced significant tax reliefs in the Union Budget 2025, exempting individuals earning up to Rs 12 lakh annually from income tax. This move a...

Business

RBI Warns: Shift to Equities Could Elevate Banks' Funding Costs

Christopher Adams 21 Jan, 2025

RBI deputy governor Rajeshwar Rao discusses the shift in household savings towards mutual funds and capital markets, highlighting potential impacts on banks' funding costs and depo...