PNB Cuts FD Interest Rates For Second Time; Bandhan Bank
The latest FD interest rate revisions, effective May 1, 2025, reflects a rate cut of up to 25 basis points (bps) on select short- and medium-term tenures. Source
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Rupee rises 31 paise to 85
Rupee strengthens against dollar on positive macroeconomic data, but faces pressure from rising crude oil prices. Source
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Air India plane crash: 787 Dreamliner is Boeing’s flagship product
International Business News: An Air India Boeing 787 Dreamliner, flight AI 171 bound for London, tragically crashed shortly after takeoff in Ahmedabad. This marks the first fatal Source
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What is the 60:40 rule in investing — is it
The 60:40 portfolio rule — 60% equity and 40% debt — has guided investors for decades. But does it still work in today’s market? Experts weigh in on its relevance and how to adapt. Source
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Tata AIA sees 10% rise in buyers opting for term
Term insurance’s primary purpose is income replacement. It safeguards families from financial hardship if the policyholder passes away during their income-earning period. This protection typically covers debts like home loans, education costs, and daily expenses. Source
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Delhi Police arrests Medha Patkar in 24-year-old defamation case
This case goes back to 2000, when Medha Patkar accused Delhi L-G VK Saxena of supporting Narmada Bachao Andolan in secrecy. It was also claimed that Saxena secretly issued a cheque, which bounced. Source
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Gold prices sell-off as prospects of US-China trade talks cuts
Gold has climbed about 25% this year, mainly driven by investors taking refuge in the haven asset as US President Donald Trump’s fast-evolving trade policy upended markets and stoked fears about a global slowdown. Source
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‘I Never Said…’: Siddaramaiah Clarifies ‘War’ Remark After Backlash For
Siddaramaiah sparked a major row by calling the Pahalgam terror attack a result of intelligence failure and saying there was no need for a war with Pakistan. Source
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Factory output grows marginally to 3% in March; FY25 growth
Going ahead, economists said a pickup in investment and consumption is likely to support industrial growth, while tariff risks from the US may impact exports. Source
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Gold prices bounce back on bargain buying; outlook still bullish
In India, gold was priced at ₹98,240 per 10 grams for 24 karat, ₹90,050 for 22 karat, and ₹73,680 for 18 karat, according to Goodreturns. Source
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