Investments

The new accounts cater to the evolving financial needs of NRIs. They come with high-end debit cards—IND D’Elite, IND Premium, and IND Plus. Source

Markets now see a 25% probability of a July rate cut, with chances of two rate cuts this year rising to 70%. However, if the Fed hints at a slower pace of easing, the dollar may strengthen—putting pressure on bullion. Source

HDFC Bank will revise its credit card charges from July 1, 2025, affecting online gaming, wallet loading, utilities, and insurance transactions. Source

Axis Bank will raise ATM transaction fees from ₹21 to ₹23 for savings and trust accounts starting July 2025. The change applies to transactions beyond free monthly limits at all ATMs. Source

Employees must activate their UAN and link it with both Aadhaar and their bank account to access benefits under the scheme. Source

Spot gold fell 0.3% to $3,369.98 per ounce by 0249 GMT. US gold futures held steady at $3,390 an ounce. Source

The Ministry of Rural Development’s Department of Land Resources has uploaded the draft bill online and is inviting public suggestions till June 25, 2025. Source

This new scheme seeks to generate returns by combining two investment styles—arbitrage and active debt management—under one hybrid strategy. Source

The New Fund Offer (NFO) will open on June 5, 2025, and close on June 19, 2025. Source

The fund will build a diversified equity portfolio comprising listed equities and related instruments, benchmarked against the S&P BSE 500 Total Returns Index (TRI). It is intended for investors with a 2–3 year investment horizon. Source