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
States' fiscal deficit likely to moderate to 3.4% of GSDP in FY27 as tax collections improve: ICICI BankStates' fiscal deficit is expected to moderate to 3.4 per cent of Gross State Domestic Product (GSDP) in FY27, supported by stronger tax co...
18 Jul, 2026, 05.22 PM IST
It's a revamp! RBI steps ahead on plan for plastic rupee notesIndia's currency printing authority is now on the lookout for international suppliers of polymer banknote material, signaling a significant...
18 Jul, 2026, 10.17 AM IST
IDBI Bank ups FCNR ante with 16% on offerThe scheme allows customers to borrow up to 12 times their deposit amount and offers indicative effective annual returns of up to 16.2%, de...
18 Jul, 2026, 01.08 AM IST
Macros strong, but weak rains, war can hit growth: RBI Guv Sanjay MalhotraThe Indian economy expanded 7.7% in the last financial year, and the RBI has projected GDP growth of 6.6% for the current fiscal year despi...
18 Jul, 2026, 01.02 AM IST
Iran-linked tankers U-turn, zig-zag as US enforces blockadeUS sanctions on Iranian shipping have been reimposed, impacting tanker movements. Several Iran-linked tankers changed course in the Gulf of...
17 Jul, 2026, 05.25 PM IST
West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay MalhotraReserve Bank Governor Sanjay Malhotra noted West Asia crisis and weak monsoon pose growth risks. India's economy grew over seven percent re...
17 Jul, 2026, 04.55 PM IST
Iran war and monsoons key risk for Indian economy, says RBI Governor Sanjay MalhotraRBI Governor Sanjay Malhotra said India’s inflation remains elevated, with rising Middle East tensions and the possibility of a weak monsoo...
17 Jul, 2026, 11.23 AM IST
RBI tightens governance framework, redefines bank board responsibilitiesThe RBI has revised bank board governance norms, effective October 1. Boards will now focus on strategy and risk oversight, delegating oper...
15 Jul, 2026, 05.57 AM IST
RBI governor meets bank CEOs to discuss AI, geopolitics and ECL guidelinesCentral bank governor Sanjay Malhotra met bank chief executives on Tuesday. Geopolitical complexities and artificial intelligence were key ...
15 Jul, 2026, 05.39 AM IST
India draws nearly $10 billion under RBI's overseas deposit drive to support rupee: ReportIndia has attracted about ten billion dollars through a special deposit program. This initiative aims to bolster foreign exchange reserves ...
14 Jul, 2026, 02.31 PM IST
FM Nirmala Sitharaman calls for enhanced NRI outreach to sustain foreign currency mobilisation momentumFinance Minister Nirmala Sitharaman urged banks to enhance outreach to Non Resident Indians. Banks are offering attractive returns on forei...
13 Jul, 2026, 06.42 PM IST
RBI faces $100 billion challenge after record currency defenseRBI faces a challenge unwinding its large bearish dollar bets. The central bank has begun trimming its massive short dollar forward positio...
10 Jul, 2026, 09.22 AM IST
Hormuz & Iran war can slow India down but not hold it backDespite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-grow...
09 Jul, 2026, 02.05 PM IST
IMF sees India among fastest-growing major economies despite trimming FY27 GDP growth projection to 6.4%India's economy is anticipated to expand by 6.4 percent in fiscal year 2026-27, bolstered by strong private consumption and active service ...
09 Jul, 2026, 12.41 PM IST
India bonds surge on Bloomberg index hopes, oil-led inflation reliefIndian government bonds surged Thursday, fueled by strong foreign investment and easing inflation worries stemming from lower oil prices. H...
02 Jul, 2026, 05.44 PM IST
India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growthIndia's inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term red...
02 Jul, 2026, 06.48 AM IST