Federal Bank cuts savings and fixed deposit interest rates from
Savings account holders will now earn 2.75% on balances up to ₹50 lakh, down from 3%. For balances up to ₹50 crore, the revised rate is 5.25%. Source
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UP Minor Gang-Raped In Moving Car, Friend Dies After Being
A minor was gang-raped inside a moving car, while a friend accompanying her died after being pushed out of the vehicle in Uttar Pradesh. Source
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‘Firm And Uncompromising Stance Against Terrorism’: Jaishankar After India, Pakistan
The announcement came days after India carried out Operation Sindoor striking nine terror infrastructures in Pakistan and Pakistan-Occupied-Kashmir to avenge the Pahalgam attack. Source
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Here’s why CSK CEO says they will not be pressing
Chennai Super Kings (CSK) have been dealt with defeats in six out of their eight encounters in the current season of the IPL. Source
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PM Modi lays foundation of 44 projects worth ₹3,880 crore
Among the projects for which foundation stones will be laid, 25 are worth ₹2,250 crore, with a major focus on strengthening the city’s electricity infrastructure. This includes the construction of 15 new substations, installation of new transformers, and laying 1,500 km of new power lines. Source
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Patel Engineering declared lowest bidder for two projects worth 55%
The total order value of ₹2,037 crore, is 55% of Patel Engineering’s overall market capitalisation, which stood at over ₹3,700 crore as of closing on Thursday. Source
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Audit firm hints at insider trading by former IndusInd Bank
“Considering that employees had knowledge of incorrect accounting and/or its impact but traded in shares of IBL during the period may also require a determination from an insider trading perspective,” it said. Source
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Arunachal Town Sees Massive Protest After China’s ‘Renaming’ Attempt
Local residents of Hawai, district headquarters of Anjaw in Arunachal Pradesh, on Thursday staged a massive protest against China’s attempts to rename 27 places in the northeastern state, which Beijing refers to as “Zangnan” or southern part of Tibet Source
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Trade unions postpone nationwide strike to July 9 amid India-Pakistan
India Business News: Central trade unions have postponed their nationwide general strike, initially planned for May 20, to July 9, 2025. This decision follows the Pahalgam Source
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Why you can consider silver over gold this Akshaya Tritiya:
The Tata Mutual Fund report suggests that while gold remains a strong safe haven, silver may offer better value at current levels. Source
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