RBI reiterates Indian economy remains resilient, but Iran war, deficient monsoon could pose risks to outlook; will there be rate change in August?The RBI is widely expected to keep interest rates unchanged at its 5 August policy meeting, making it one of the few central banks in the r...
27 Jul, 2026, 06.30 AM IST
Charting the global economy: Growth picks up, AI boom continuesUS unemployment claims reached a near 60-year low, signaling a stable labor market. The European Central Bank rejected an immediate rate hi...
26 Jul, 2026, 10.25 AM IST
RBI, govt measures could turn India's balance of payments surplus, ease pressure on rupee: HDFCRecent policy measures may shift India's balance of payments to a surplus. These actions aim to attract significant capital inflows and str...
25 Jul, 2026, 02.28 PM IST
Saturday bank holiday: Are banks open or closed today on July 25, 2026?Banks across India will remain closed on Saturday? Reserve Bank of India guidelines mandate banks close on second and fourth Saturdays. Dig...
25 Jul, 2026, 07.00 AM IST
US business activity hits 8-month high but supply strains, costs riseUS business activity expanded at its fastest pace in eight months during July. Strong domestic demand for services offset cooling factory p...
25 Jul, 2026, 12.38 AM IST
Bank credit growth eases to 17.7% in fortnight to July 15Bank credit growth saw a slight deceleration to 17.7 percent year-on-year. Deposit growth also moderated to 12.7 percent in the same period...
24 Jul, 2026, 07.42 PM IST
India's forex reserves rise $1.08 billion to $676.237 billion in week ended July 17In a notable development, India's forex reserves have increased by over one billion dollars, driven primarily by a growth in foreign curren...
24 Jul, 2026, 05.55 PM IST
Global Market: Stagflation fears return as Gulf conflict, higher energy prices cloud global outlookRenewed conflict in the Gulf has revived stagflation fears as oil prices near $100 a barrel, inflation risks resurface and markets price in...
24 Jul, 2026, 02.29 PM IST
Weather updates today (July 23): Check IMD's forecast for Dehradun, Ahmedabad, Amritsar, Pune, Indore, Darjeeling and other regionsThe India Meteorological Department issued a fresh weather alert for the nation. Heavy rainfall and thunderstorms are expected in eleven st...
23 Jul, 2026, 08.25 AM IST
RBI sold $6.1 bn in May as oil weighed on the rupee and foreign inflows showed signs of revival: BulletinThe Reserve Bank of India sold six point one billion dollars in May. This intervention occurred amid global market volatility and geopoliti...
22 Jul, 2026, 07.49 PM IST
RBI sold $6 billion in May to defend oil-hit Indian rupee, data showsThe Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the ru...
22 Jul, 2026, 07.10 PM IST
External sectors steady despite geopolitical uncertainties: RBIIndia's external sector shows steady improvement, boosted by foreign investment inflows. The economy remains strong despite global uncertai...
22 Jul, 2026, 07.06 PM IST
Rupee languishes at two-month lows as supply worries raise oil pricesThe Indian rupee hit a two-month low on Wednesday amid rising oil prices spurred by worries over Middle Eastern supply disruptions. In an e...
22 Jul, 2026, 03.37 PM IST
RBI likely used dollar deposit surge to cut record FX forward book, economists sayReserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term doll...
22 Jul, 2026, 02.04 PM IST
Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facilityForeign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twen...
21 Jul, 2026, 05.59 PM IST
PNB to foray in acquisition finance in third quarter: MD ChandraPunjab National Bank will begin acquisition finance in the third quarter of this fiscal year. The bank aims to mobilize USD 2.5 billion in ...
21 Jul, 2026, 05.10 PM IST
Rupee hits two-month low despite RBI intervention as crude oil surge weighsThe Indian rupee fell to a two-month low against the dollar on Monday. This decline occurred despite significant interventions by the centr...
21 Jul, 2026, 05.45 AM IST