“Elitist”: ICICI Bank’s New Minimum Balance Rule Sparks Strong Reactions on Internet

In a move that has stirred significant debate and controversy, ICICI Bank recently announced a new minimum balance requirement for its savings account holders. Effective from August 1, 2025, the bank has raised the minimum balance threshold, leading to strong reactions from customers and the general public alike. This blog will explore the details of the…

Understanding the Resilience of India’s Stock Market Amid Trump’s 25% Tariff Announcement

In July 2025, the announcement of a 25% tariff on Indian goods by former President Donald Trump sent shockwaves through global markets. However, contrary to expectations, India’s stock market demonstrated remarkable resilience. This blog explores the factors contributing to this unexpected stability, analyzing the implications of the tariff announcement and the broader economic context. The…

NYSE Pre-Market Update: Trump Tariffs to Resume August 1, 2025 – Market Implications & Sector Analysis

The New York Stock Exchange (NYSE) issued a pre-market advisory on July 25, 2025, confirming that the Trump-era tariffs on $370 billion worth of Chinese imports will resume effective August 1, 2025. This policy reversal, announced by the U.S. Trade Representative (USTR), has triggered pre-market volatility, with S&P 500 futures down 1.2% and China-exposed stocks…

NYSE

Mega IPOs Turn Into Mega Disasters: Can HDB Financial Break the ₹10,000 Crore Curse?

The Indian IPO market has witnessed a troubling trend—mega public offerings (IPOs) above ₹10,000 crore have repeatedly disappointed investors. From Paytm (2021) to LIC (2022), high-profile debuts have turned into long-term losses. Now, HDB Financial Services, the NBFC arm of HDFC Bank, is preparing for a ₹15,000 crore IPO in late 2025. This blog examines:…

IPO

Karnataka Bank’s CEO & Executive Director Resign: Board Accepts Resignations – What’s Next?

In a significant leadership transition, Karnataka Bank’s Managing Director & CEO, Mahabaleshwara M.S., and Executive Director, Sekhar Rao, have resigned from their positions. The bank’s board has accepted their resignations, effective immediately, marking a pivotal moment for the private sector lender. This blog delves into the reasons behind their exit, the interim leadership structure, market…

Karnataka Bank

‘I Stopped Using Google Pay’: Sania Mirza’s Sister Reveals Why She Deleted UPI Apps

In a surprising revelation, Anam Mirza, sister of tennis star Sania Mirza, recently announced that she has stopped using digital payment apps like Google Pay, PhonePe, and Paytm. Her decision has sparked discussions about privacy, security, and financial autonomy in the age of UPI-driven transactions. This blog explores: ✔ Why Anam Mirza quit UPI apps…

Sania Mirza

Union Bank of India ED Pankaj Dwivedi Removed, Demoted as GM at Punjab & Sind Bank: What Happened?

Shocking Banking Sector Shake-Up: Senior Banker Pankaj Dwivedi Reassigned in Major Downgrade In a surprising move that has sent shockwaves through India’s banking industry, Pankaj Dwivedi, Executive Director (ED) of Union Bank of India, has been removed from his position and demoted to General Manager (GM) at Punjab & Sind Bank. This abrupt decision by…

Pankaj Dwivedi