Bank Holiday Alert: Only Sikkim Banks Closed on August 8, 2025 for Tendong Lho Rum Faat Festival!

August 9, 2025

Bank Holiday Alert: Only Sikkim Banks Closed on August 8, 2025 for Tendong Lho Rum Faat Festival!

Wondering if banks are open on August 8, 2025? Good news! All banks are open except in Sikkim, where they celebrate the unique Tendong Lho Rum Faat festival. Find out the state-wise bank holidays and how digital banking keeps you covered anytime, anywhere!

Trump's 25% US Tariffs Deal A Double Blow to India's IT Sector and Spending

August 9, 2025

Trump's 25% US Tariffs Deal A Double Blow to India's IT Sector and Spending

India's booming IT industry faces a tough time as US President Trump slaps a 25% tariff. Experts warn this could slow down deals and cut spending in big sectors like retail and manufacturing.

RBI Cracks Whip! Banks Must Pay Families Fast or Face Heavy Penalties from 2026

August 9, 2025

RBI Cracks Whip! Banks Must Pay Families Fast or Face Heavy Penalties from 2026

From January 1, 2026, RBI's tough new rules force banks to release funds and valuables of deceased customers within 15 days. Delay? Pay big fines and interest! No more red tape for families—claim your money smoothly with simple papers. The move aims to end the nightmare of unclaimed deposits and ease pain for grieving families.

Good News! Gratuity Service From Autonomous Bodies Now Counts in Central Government

August 8, 2025

Good News! Gratuity Service From Autonomous Bodies Now Counts in Central Government

Great news for employees who switch from autonomous bodies to the central government! Your past service counts for gratuity under NPS. Union Minister Jitendra Singh cleared the confusion with official rules and explained the conditions. This move removes doubts and makes transfer easy for many workers.

LIC Shines Bright: 5% Profit Rise with Rs 10,987 Cr Net in Q1, Market Leader at 63.5%

August 8, 2025

LIC Shines Bright: 5% Profit Rise with Rs 10,987 Cr Net in Q1, Market Leader at 63.5%

LIC scores a solid 5% jump in Q1 net profits to Rs 10,987 crore, riding a 5% jump in premium income. Holding a strong 63.51% slice in the market, LIC's insurance magic continues with big gains in Value of New Business and smart moves in non-par products.