Tariff war escalates: China retaliates with 125% tariffs against US imports The Chinese Commerce Ministry here said China raised additional tariffs to 125 per cent on imported US products, raising the levies from the previous 84 per cent.
Siemens Spain CEO Agustin Escobar, his wife & 3 children die in helicopter crash in New York Agustin Escobar, the CEO of Siemens Spain, his wife and three young children were killed in a chopper crash in New York on Thursday.
RBI Bank Holidays April 2025 List: Banks to remain closed for 4 days next week April 2025 sees multiple bank holidays across India. Banks will be closed for four consecutive days next week, encompassing Ambedkar Jayanti, regional New Year celebrations (including Bengali New Year and Bohag Bihu), and Good Friday.
Stock Market Today: Sensex and Nifty updates Indian stock market investors could expect some relief rally on April 11, 2025, Friday, as US President Donald Trump announced a 90-day pause on tariffs imposition.
Tax saver FD rates: What are top banks like SBI, HDFC, PNB, ICICI offering Despite the lower returns of fixed deposits, millions of risk-averse Indians — mostly retirees and senior citizens — are critically dependent on them for interest income. The five-year FD is of special interest to many since it also offers tax benefits in the old tax regime.
US stocks dive as fear about US-China trade war grips Wall Street The losses for US stocks accelerated Thursday after the White House clarified that the United States will tax Chinese imports at 145%, not the 125% rate that Trump had written about in his posting on Truth Social on Wednesday.
RBI rate cut: Bank of Baroda passes on 25 bps rate cut to customers Within hours of RBI announcing its 25 basis point rate cut on April 9, four PSU lenders Punjab National Bank, Bank of India, Indian Bank and UCO Bank announced up to 35 basis point reduction in lending rate.
BlackRock backs Adani with $250 million in private bond deal amid DOJ scrutiny In a major show of investor confidence, BlackRock-managed funds have become the largest subscribers to the Adani Group’s USD 750-million private bond issuance. The US-based asset management giant, which oversees USD 12 trillion in assets, has picked up one-third of the issuance, which comes with a tenure of 3–5 years, according to sources with direct knowledge of the deal.
Post Office Senior Citizen Savings Scheme: Earn Rs 20,000 every month The Senior Citizen Savings Scheme (SCSS) offers senior citizens a secure way to generate a fixed monthly income after retirement. With a maximum investment of Rs 30 lakh and an 8.2% interest rate, investors can receive approximately Rs 20,500 monthly.
SBI, HDFC, ICICI Bank and 4 other banks: Comparing 3-year FD interest rates State Bank of India offers 6.75% (7.25% for senior citizens), while HDFC Bank and ICICI Bank provide 7% (7.5% for senior citizens). Bank of Baroda offers 7.15% (7.65% for senior citizens), and other banks offer competitive rates.
