India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
08 Jun, 2026, 06.13 PM IST
RBI calls off T-Bill auction on higher-yield demandThe Reserve Bank of India (RBI) withdrew its ₹12,000 crore treasury bill auction for 182-day and 364-day maturities, reportedly due to high...
04 Jun, 2026, 06.30 AM IST
India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...
01 Jun, 2026, 06.06 PM IST
Have unclaimed deposits, insurance, mutual funds? Government launches single portal to trace forgotten assetsThe Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', ...
01 Jun, 2026, 09.37 AM IST
RBI's dividend gives Govt fiscal breathing space amid crude oil pressures: Kotak Securities Anindya BanerjeeThe Reserve Bank of India's (RBI) record dividend payout of Rs 2.87 lakh crore is expected to directly repair the government's balance shee...
28 May, 2026, 03.00 PM IST
Rupee to hit 99, fiscal deficit at 5%: Rahul Bajoria sees deeper pain ahead for IndiaIndia's economy faces ongoing challenges. Inflation is embedded, impacting prices and financing. The fiscal deficit is projected to widen. ...
27 May, 2026, 04.58 PM IST
Government forwent Rs 1 lakh crore via excise duty cuts to shield consumers from fuel inflation: FMIndia's Finance Minister Nirmala Sitharaman explains recent fuel price increases are market-driven by oil companies. She noted the governme...
25 May, 2026, 08.17 PM IST
FM Sitharaman says Government open to hear investor concerns on LTCG, STCG taxationFinance Minister Nirmala Sitharaman has indicated the government is ready to listen to stock market investors. Concerns regarding Long-Term...
25 May, 2026, 08.09 PM IST
RBI dividend provides fiscal buffer, but inflation risks loom large: Kanika Pasricha, Union BankThe Reserve Bank of India's dividend payout provides a small fiscal buffer. However, government finances face pressure from fuel excise cut...
25 May, 2026, 11.54 AM IST
Arvind Panagariya on what RBI transfer of ₹2.87 lakh cr surplus to govt means for Indian economyThe Reserve Bank of India's record ₹2.87 lakh crore dividend transfer offers crucial fiscal support amid global economic turbulence. This s...
25 May, 2026, 10.14 AM IST
Stocks in news: Suzlon Energy, Wipro, Hindalco, ICICI Bank, Eicher MotorsIndian markets closed with small gains amidst a volatile week. Investors will watch global economic news and policy comments. The RBI's div...
25 May, 2026, 06.34 AM IST
Punjab FM Cheema urges Centre to share RBI’s ‘extraordinary’ dividend with statesPunjab's Finance Minister Harpal Singh Cheema calls for sharing the Reserve Bank of India's large dividend with states. He warns that takin...
24 May, 2026, 04.33 PM IST
RBI declares record Rs 2.87 lakh crore dividend to cushion war shockThe Reserve Bank of India announced a record surplus transfer to the government for FY26, though it falls short of budget estimates. This s...
23 May, 2026, 06.11 AM IST
RBI greenlights record surplus transfer of Rs 2.86 lakh croreThe Reserve Bank of India's central board approved a record Rs 2.86 lakh crore surplus transfer to the government for FY26. This significan...
23 May, 2026, 01.07 AM IST
RBI's record dividend payout to provide partial cushion to stressed govt finances: ExpertsThe all-time high dividend declared on Friday is 6.7 per cent greater than Rs 2.69 lakh crore for the 2024-25 fiscal. urplus transfer by RB...
22 May, 2026, 09.18 PM IST
India bond gains capped by smaller than expected RBI dividendThe benchmark 6.48% 2035 bond yield settled at 7.0917%, bouncing off the day's low of 7.0636%, but still 2.2 basis points below Thursday's ...
22 May, 2026, 06.18 PM IST
RBI likely to pay a big dividend to CentreEconomists estimate the surplus transfer-often referred to as the central bank's dividend to the government-in the range of Rs 2.7 lakh cro...
19 May, 2026, 01.20 AM IST