Business

SBI Card has announced several significant changes for its credit cardholders, set to take effect from July 15; Check details Source

India Business News: A recent ICICI bank report indicates that uneven rainfall distribution across India may trigger supply distress and price increases for key crops due Source

Corporate earnings on July 19: Several companies including HDFC Bank, ICICI Bank, Reliance Power, Punjab & Sind Bank, and Central Bank of India have announced their financial results for the quarter ended June 30, 2025. Source

Pilot Investor criticizes developers for targeting wealthy investors, inflating property prices, and excluding genuine buyers. They advocate for digitizing real estate for transparency. Source

India Business News: The Asian Development Bank has revised India’s GDP growth forecast for fiscal year 2026. The forecast is now 6.5 percent, down from 6.7 percent. This Source

Regulations on cross-border data flows are among the most contentious topics in trade agreements with the Western countries, especially with the rise of artificial intelligence (AI). Source

New central government employees joining after July 2025 will receive dress allowance on a proportionate basis, not full, as per the revised policy. Source

India Business News: The Enforcement Directorate has filed a complaint against Myntra. The complaint alleges violations of foreign direct investment norms. Myntra is accus Source

The bank wrote off gross NPAs amounting to Rs 2,359 crore in the reporting quarter. The provisioning coverage ratio on non-performing loans was 75.3 per cent at June 30, 2025. Source

Gold Rates Today In India: Gold prices fell on June 17 due to profit-booking. In Mumbai, 22-carat gold was Rs 92,000 per 10 grams, while 24-carat was Rs 1,00,370. Source