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
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
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
Indian bonds end volatile session lower as rate hike bets riseIndian bonds experienced a downturn as reports surfaced of the Reserve Bank of India considering interest rate hikes to bolster the rupee. ...
22 May, 2026, 06.01 AM IST
Oil price shock to widen current account deficit, push inflation higher as US-Iran war continues: ExpertWith no sign of the US-Iran war ending and global oil prices likely to reach record highs within a quarter, Santosh Mehrotra, former Econom...
16 May, 2026, 10.30 AM IST
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
14 May, 2026, 08.49 AM IST
Developing countries in Europe, Central Asia face slowdown, World Bank saysEconomies in Europe and Central Asia are set for a slowdown this year. A conflict in the Middle East has caused energy prices to surge. Thi...
08 Apr, 2026, 06.41 PM IST
FY27 Outlook: Geopolitical pressure and AI disruption set to reshape India IncCorporate India faces heightened uncertainty entering fiscal year 2026-27 due to geopolitical tensions and AI disruption. Sectors like bank...
02 Apr, 2026, 05.31 AM IST
Rupee slumps to record low past 94/USD, set for worst fiscal in more than a decadeThe Indian rupee plunged to a record low on Friday, sliding past the 94-per-dollar mark, with mounting worries over the energy crisis spark...
27 Mar, 2026, 04.11 PM IST
Axis Bank expects repo rate to rise to 5.75% by end of this fiscalRBI, in its first rate move in two years and the first hike in nearly four years, raised the repo rate by 40 basis points to 4.40 per cent ...
02 Jun, 2022, 05.15 PM IST
RBI windfall: Where did the money come fromThe RBI accepted the Jalan committee’s recommendation, agreeing to transfer Rs 1.76 lakh crore to the government for 2018-19.
29 Aug, 2019, 10.47 AM IST
Relief rally in rupee bonds on fiscal windfall, eye on new 10Y issuanceBonds have drawn confidence from last week's sector-specific measures announced.
28 Aug, 2019, 11.08 AM IST
Brokerages say RBI windfall could boost some sectors, ease liquidity concernsSome brokerages believe the fund transfer will mostly be used to offset weak tax collections.
28 Aug, 2019, 09.06 AM IST
PMGKY proceeds should not be used to fund government schemes: Economic SurveyOne needs to add the taxes collected on money declared under disclosure scheme (PMGKY), as well as the 'taxes' paid to intermediaries who l...
31 Jan, 2017, 05.14 PM IST
View: Now, PM Narendra Modi can turn kala dhan to Jan DhanModi can demand — and the RBI Governor will surely agree — to hand over a windfall of more than Rs 3 lakh cr to the govt as a special divid...
27 Nov, 2016, 09.47 PM IST
Post demonetisation, windfall gain for RBI?The central bank could gain as much as Rs 6 lakh crore, assuming that even less than half of the notes valued at Rs 15 lakh crore do not co...
15 Nov, 2016, 12.59 AM IST