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States' fiscal deficit at 1.8% of GSDP in Q1FY26, capex momentum strong: R
Updated : 9 months, 2 weeks ago IST
The combined fiscal deficit of 24 Indian states, representing nearly 92 per cent of the country's GDP, reached Rs 1.5 trillion or 1.8 per cent of GSDP in the first quarter of 2025-26 - April-June, according to a report by ICICI Bank Global Markets.
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ICICI Bank raises minimum balance requirement for savings accounts
Updated : 9 months, 2 weeks ago IST
ICICI Bank has significantly increased the minimum average balance requirement for its savings accounts across all branch categories, with the new rules effective from August 1, 2025.
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Rupee may depreciate to 88.5 per USD amid fresh US tariffs: Report
Updated : 9 months, 2 weeks ago IST
The Indian Rupee is likely to weaken further to 88.5 per U.S. dollar following the imposition of fresh tariffs by U.S. President Donald Trump, according to a report by ICICI Bank.
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US Fed rate cut chances increase, 25 bps cut likely in September: ICICI Ba
Updated : 9 months, 2 weeks ago IST
The likelihood of a 25 basis points rate cut by the US Federal Reserve in September has increased, but the final decision will depend on upcoming economic data, according to a recent report by ICICI Bank.
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Infidigit and ICICI Prudential lead the Shift to AI-Driven SEO with Breakt
Updated : 9 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], July 29: In a landmark collaboration with ICICI Prudential Life, Infidigit, one of India's leading SEO agencies, is setting a new standard in search marketing by moving beyond traditional SEO and delivering results through AI-powered strategies. With a team of o
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India's industrial output to stay weak amid geopolitical issues affecting
Updated : 9 months, 2 weeks ago IST
India's industrial outlook is expected to remain weak in the near term as due to above normal monsoon mining and electricity output are expected to stay subdued, according to a report by ICICI Bank
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Uneven rainfall distribution may cause supply shock in crop prices: ICICI
Updated : 9 months, 2 weeks ago IST
The report highlighted that crop damage in certain regions, where rainfall has been deficient, could lead to upward pressure on prices.
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Ex-ICICI Bank CEO Chanda Kochhar found guilty of Rs 64 Crore Bribery
Updated : 9 months, 2 weeks ago IST
An appellate tribunal has found former ICICI Bank CEO Chanda Kochhar guilty of accepting Rs 64 crore as bribe in exchange for sanctioning a Rs 300 crore loan to the Videocon Group in 2009, an ED official told ANI.
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Indian equities rise on strong banking earnings; investors eye India-US tr
Updated : 9 months, 2 weeks ago IST
At the end of the trading session, BSE Sensex was up 442.62 points or 0.54 per cent at 82,200.34, and the Nifty 50 at National Stock Exchange (NSE) was up 122.30 points or 0.49 per cent at 25,090.70.
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Weak urban demand, global uncertainty open door for policy rate cut: Repor
Updated : 10 months, 1 week ago IST
Soft urban consumption and an uncertain external demand environment have created scope for the Reserve Bank of India (RBI) to ease policy rates, a report by ICICI Bank said, as the central bank navigates a data-dependent approach amid a neutral stance.
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RBI may go for another 25 bps rate cut in August, repo rate to come down a
Updated : 10 months, 1 week ago IST
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) may go for another cut in the policy rate of 25 basis points (bps) in the upcoming August policy meeting, bringing it down to 5.25 per cent, according to a report by ICICI Bank.
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India's goods trade deficit could widen to $300 billion in FY26, amid tepi
Updated : 10 months, 1 week ago IST
India's goods trade deficit is projected to widen to USD 300 billion in FY26, up from USD 287 billion in FY25, as weak global demand weighs on exports while resilient domestic consumption is expected to fuel higher imports, as anticipated by ICICI Securities in its latest report.
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