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Fight for deposits pushes Sept rates up
November 01, 2025
|Financial Express Mumbai
THE PRESSURE TO garner deposits saw rates inching up in September — the first time since the Reserve Bank of India (RBI) began its rate cut cycle in February.
According to RBI’s monthly data, the weighted average rate on fresh rupee term deposits of scheduled commercial banks (SCBs) has inched up by 4 basis points (bps) on month, with rates of public sector banks up by 3 bpswhile private sectorwas up 2 bps.
Analysts believe that with credit growth picking up, deposit rates seemed to have bottomed out. “The rates on fresh deposits seems to have bottomed out unless there are further cuts in repo rates ora slowdown in credit growth,’Anil Gupta,seniorvice presidentand co-group head of financial sectorratings at Icra said.
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Financial Express Mumbai
Isro launches ‘CMS-03’, heaviest satellite into orbit
IN YETANOTHER demonstration of its steadily improving capabilities, ISRO Sunday launched a powerful communication satellite CMS-03, the heaviest to be carried by any Indian rocket so far. The 4,410kg satellite will primarily serve the purposes of the Indian Navy, augmenting its spacebased communications and maritime domain awareness capabilities.
1 mins
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7 missions on the cards by March'26: Chairman
ISRO HAS SET a target to launch seven missions, including its ambitious first uncrewed mission under the Gangayaan programme, before the end of March 2026, Chairman Narayanan said on Sunday.
1 min
November 03, 2025
Financial Express Mumbai
Well-begun
The income tax and GST rate cuts have resulted in better consumer demand
2 mins
November 03, 2025
Financial Express Mumbai
VC fundraising slows as investors eye exit visibility, sharp strategies
FUNDRAISES BY LOCAL venture capital (VC) firms have slowed this year as limited partners (LPs) seek sharper investment strategies, disciplined deployment and greater visibility on exits.
1 mins
November 03, 2025
Financial Express Mumbai
New AI law to be modelled on IT Act
There is concern on the rapid rise of deepfakes
2 mins
November 03, 2025
Financial Express Mumbai
Agentic AI is rewiring software making
NOW WITH OVER 180 million developers, GitHub grew at its fastest rate ever in 2025, with a new developer joining every second. Over 21.9 million Indian developers are building on GitHub in India, making it the second largest developer community in the world after the United States.
1 mins
November 03, 2025
Financial Express Mumbai
Energy innovation and tech
ENERGY TODAY IS is central to a nation’s economic progress. As the world faces dynamic geopolitical realities and supply chain disruptions, technology is fast becoming the key differentiator that determines how countries achieve both energy security and sustainability.
1 mins
November 03, 2025
Financial Express Mumbai
AI bundles are telcos’ next big play
FOR CONSUMERS, THE next phase of telecom bundling promises more than entertainment as it will bring advanced artificial intelligence (AI) tools directly to their phones.
2 mins
November 03, 2025
Financial Express Mumbai
Next-gen wealth planning now a boardroom priority
AS BUSINESS FAMILIES prepare for generational transitions, wealth planning is evolving from a legal formality into a strategic imperative. The focus is increasingly on building institutional frameworks that ensure continuity, control and clarity across generations.
1 mins
November 03, 2025
Financial Express Mumbai
Weeks with the Fronx
IS MARUTI SUZUKI’S SUV CROSSOVER WORTH THE PREMIUM PRICE TAG?
1 mins
November 03, 2025
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