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Market News

Location American Market News for 4 July 2025
Income Tax Filing: IT Dept launches 'TAXASSIST' to help with queries and notices | Here is how it works Income Tax Filing: The Income Tax department launched 'TAXASSIST' to aid taxpayers with inquiries and notices ahead of the 15 September 2025 deadline. This initiative includes reminders about key tax actions and provides...
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SEBI Jane Street scandal: How retail investors can protect themselves - 5 key insights SEBI's action against Jane Street exposes high risk expiry day manipulations, urging retail investors to stay informed, avoid impulsive trades, and prioritise vigilance in volatile equity markets.
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Bank of Baroda waives off minimum account balance charges on savings bank accounts. What does this mean? From July 1, 2025, saving bank account holders will not be liable to pay any minimum account balance (MAB) charges if they fail to maintain the minimum balance. However, there will be charges on premium bank accounts
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Income Tax: Online Form ITR-B released for taxpayers who received notice under 158BC. Check details here Income Tax: Section 158BC applies when undisclosed income is unearthed during search or seizure operations conducted by the Income Tax Department.
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No prepayment penalty on business loans: RBI's big relief for individuals and small enterprises RBI has barred banks and NBFCs from levying pre-payment penalties on floating rate loans to individuals and MSEs for business use, effective January 1, 2026.
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Bank of Baroda cuts home loan interest rate to 7.45%, offers zero processing fees for new borrowers Bank of Baroda reduces home loan interest rate to 7.45% and waives processing fees for new borrowers, aiming to boost credit growth and support affordable housing demand.
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Your credit score isn't final -- Here's how to bounce back from a low rating A low credit score can be improved through timely payments, low utilisation, and monitoring. RBI's updated rules now help borrowers rebuild credit faster with better data accuracy.
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Should you take a personal loan via GPay? Pros, cons, and hidden charges explained Google Pay now provides instant personal loans through partner lenders with quick approvals and minimal paperwork, but users must watch out for high interest rates, eligibility checks, and hidden charges.
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Business credit card: Features, eligibility, fees and how it works Business credit cards serve to manage business expenses, maintaining a clear distinction from personal transactions. Offered by various banks with different fees, they enhance cash flow and simplify financial management ...
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Why are we so invested in Jurassic Park and Jurassic World sagas? A deep dive Jurassic World: Rebirth imagines dino DNA as the key to future medicines, wrapped in an over-the-top sci-fi adventure. Despite thrilling action sequences on land and sea, the plot feels absurd and disjointed. Even a star...
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Rent or buy? This in-depth guide will help you decide. It's crucial to weigh the pros and cons of home ownership vs renting, especially if you're an urban professional in your 20s or 30s. What's best for you depends on your financial situation, life goals, and local housing ...
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