What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
09 Jun, 2026, 12.47 AM IST
Higher petrol, diesel prices threaten to rekindle inflation pressures: ReportFuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflatio...
02 Jun, 2026, 03.13 PM IST
RBI likely to keep status quo on policy rate as threats loomA majority of economists polled by ET predict the Reserve Bank of India will hold its policy rate steady at the upcoming June meeting. This...
01 Jun, 2026, 05.30 AM IST
Transport association urges government to cut fuel prices as crude falls to $90/barrelThe All India Motor & Goods Transport Association is calling on the Central Government to lower petrol and diesel prices. They point to a s...
30 May, 2026, 07.26 PM IST
India may have found a new export tailwindIndia's weakening rupee is boosting export competitiveness. This adjustment helps Indian goods and services become more affordable globally...
30 May, 2026, 01.52 PM IST
India faces test of oil, inflation and monsoon risks despite economic resilience, FinMin report showsIndia's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are...
30 May, 2026, 12.51 PM IST
Indian banks more exposed to West Asia crisis among APAC region: Moody'sIndian banks face significant exposure due to energy import reliance. Higher fuel costs will strain consumers and businesses, increasing cr...
27 May, 2026, 07.29 PM IST
IDFC First Bank receives Rs 514.82 crore insurance payout on microfinance defaults, expects full provision write-backIDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...
27 May, 2026, 06.44 PM IST
FinMin to meet chiefs of PSU banks on Fri to review credit flow to agri, MSME sectorsPublic sector banks posted record profits of Rs 1.98 lakh crore in the financial year ended March 2026. The finance ministry will meet bank...
27 May, 2026, 06.33 PM IST
Finmin pushes for wider local sourcing norm in incentive schemesThe move indicates a sharper alignment between government spending and industrial policy objectives, with the Centre striving to ensure tha...
27 May, 2026, 12.33 AM IST
Unplug dead PSUs PS bureaucratic zzzIndia's government struggles to close ailing state-owned companies. Bureaucratic hurdles and complex asset sales delay closures. This ties ...
25 May, 2026, 11.07 PM IST
State banks record all-time high net profit of Rs 1.98 lakh crore in FY26: FinMinPublic Sector Banks have achieved a record net profit of Rs 1.98 lakh crore in FY 2025-26, marking their fourth consecutive year of strong ...
12 May, 2026, 04.31 PM IST
Indian banks pause gold imports as renewed FinMin notification on IGST hangs fire in FY27Banks in India have paused gold and silver imports since April 1, pending an annual government notification that provides tax clarity for b...
01 May, 2026, 11.46 AM IST
India’s $138 billion money bank outside the border is getting harder to shakeThe resilience of India's remittance system has reached new heights, with money sent home now more equipped to withstand external shocks. A...
30 Apr, 2026, 05.24 PM IST
UCO Bank sees no MSME stress from US tariffs, Iran warThe public sector bank's chief executive, Ashwani Kumar, told ET that its loan portfolio performance behaviour is healthy on a year-on-year...
30 Apr, 2026, 12.28 AM IST
US war in Iran has cost $25 billion so far, says Pentagon officialThe United States war in Iran has cost twenty-five billion dollars. This figure comes from a senior Pentagon official. Democrats are highli...
29 Apr, 2026, 10.10 PM IST
FinMin asks banks to take measures for welfare of persons with disabilitiesPublic sector banks and financial institutions are now required to offer reservations for individuals with benchmark disabilities in direct...
29 Apr, 2026, 09.40 PM IST