HDFC Bank says no raise in average minimum balance for saving accounts

IANS | August 14, 2025 2:20 PM

New Delhi, Aug 14 (IANS) HDFC Bank on Wednesday clarified that the bank has not raised the Average Monthly Balance (AMB) for savings accounts, denying reports suggesting that new account holders in metro or urban branches would need to maintain an average AMB of Rs 25,000.

India’s WPI inflation falls to 2-year low in July as food prices dip

IANS | August 14, 2025 1:44 PM

New Delhi, Aug 14 (IANS) India's annual rate of inflation based on the Wholesale Price Index (WPI) fell further in the negative zone to a two-year low of (-) 0.58 in July this year, compared to the same month of the previous year -- primarily due to a decrease in the prices of food articles and fuels such as petrol, diesel and natural gas, according to data released by the Commerce and Industry Ministry on Thursday.

Black Box reports 28 pc YoY growth in PAT for Q1 FY26

IANS | August 14, 2025 12:14 PM

Mumbai, Aug 14 (IANS) Black Box Limited, a leading provider of digital infrastructure solutions, announced its unaudited financial results for the quarter ended June 30, 2025. The Company delivered a resilient performance with year-over-year improvement in both operating profit and net profitability, despite the ongoing global tariff uncertainty that impacted project execution timelines.