ICICI Bank, India’s second-largest private lender, has announced a significant increase in the minimum monthly average balance (MAB) requirement for all new savings accounts opened from August 1, 2025. The move, which also comes with a revision of cash transaction service charges, has sparked intense criticism from customers who claim the decision favors only the
Government shelves February draft, prepares to present updated version in Parliament In a significant development for taxpayers and businesses alike, the government has decided to withdraw the earlier version of the Income Tax Bill 2025, originally introduced in the Lok Sabha on February 13, 2025, and replace it with a revised draft. The updated bill
OpenAI Introduces GPT-5: India in the Spotlight OpenAI has officially launched GPT-5, the next-generation AI model that powers ChatGPT, calling it the most advanced version yet. The company claims this version is particularly strong in coding, automation, and agent-based tasks, setting a new benchmark in AI performance. But beyond the technology, what caught everyone’s attention
Policybazaar Under Fire: IRDAI Imposes ₹5 Crore Fine for Major Violations India’s most prominent insurance aggregator, Policybazaar, is facing intense scrutiny after the Insurance Regulatory and Development Authority of India (IRDAI) imposed a whopping ₹5 crore penalty on the company. The fine, announced on August 4, 2025, stems from a range of violations committed during
TCS salary hikes for announces 80% of its employees from September 1, 2025, while laying off 12,000 mid- and senior-level staff. Find out who’s getting a raise and why the layoffs are happening. TCS Salary Hike Amid Strategic Layoffs In a significant development in the Indian IT industry, Tata Consultancy Services (TCS) has announced salary
Millions of Android users this week discovered that YouTube playback-speed feature is suddenly broken in the regular Android app. Viewers trying to shift speed from the default 1× setting to 1.5× or 2× find that the video stubbornly reverts back—leaving speeds frozen at normal. The issue appears on both stable and beta versions of YouTube
A tragic cloudburst triggered flash floods and landslides in Uttarkashi district, Uttarakhand, on Tuesday, resulting in at least five fatalities and dozens reported missing. In Dharali village near Harsil, homes, hotels, and even sections of an army camp were swept away by a violent surge of mud and water. With entire structures buried and hazardous
India’s largest real estate firm, DLF Ltd, has unveiled plans to launch projects cumulatively worth ₹62,900 crore over the medium term. This includes the much-anticipated second phase of its ultra-luxury development, The Dahlias, as revealed during the company’s first-quarter earnings presentation held in early August. Project Portfolio Worth Nearly ₹63,000 Crore DLF’s upcoming pipeline reflects
Sri Lotus Developers has successfully debuted on the stock market today, creating a buzz among investors and analysts alike. The company’s shares listed at an impressive 19% premium over the issue price, reflecting the robust demand during the IPO phase and strong grey market indicators. Strong Start on BSE and NSE On the Bombay Stock
A devastating cloudburst struck Uttarkashi district in Uttarakhand on Tuesday, bringing unprecedented destruction to the region. The sudden surge in the water level of the Kheer Ganga stream in the Harsil Valley led to massive flooding in Dharali village, sweeping away homes, hotels, and temples in its path. Local authorities have so far confirmed the