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TEMPORARY ADVANCES FROM RBI
Weather tomorrow June 28: IMD issues heavy rain alert for Assam, Bihar, Tamil Nadu, Odisha, Kerala and Telangana; Delhi-NCR to see thunderstorms & gusty winds, heatwave warning for UPWeather tomorrow: Widespread rainfall is forecast across India on Sunday, June 28, with heavy to extremely heavy downpours expected in east...- OpenAI unveils GPT-5.6 AI models with phased rollout and stronger safety checksOpenAI has unveiled GPT-5.6, its latest AI model family with Sol, Terra and Luna. The models will roll out gradually across ChatGPT, the AP...
- FEMA rules revision: Exporters flag at least half-a-dozen worriesIndian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...
- How RBI’s 2026 TReDS directions advance the MSME financing reformWith the Budget setting the policy direction and the RBI directions providing the regulatory foundation, TReDS is well positioned to move f...
- Transformational growth prime focus of India-UK FTA: Piyush GoyalThe minister is in the UK on a three-day visit to review the preparedness of both countries for the implementation of the Comprehensive Eco...
- Indian refiners unlikely to rush for Iranian oil despite temporary US sanctions waiver, says analystIndian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...
- EU proposes extending Ukrainian protection to 2028, limit men of fighting ageThe EU proposes extending temporary protection for Ukrainian refugees until March 2028, but may restrict access for military-aged men witho...
- AI unlikely to trigger 'Job Apocalypse', it may create uneven workforce disruption: Goldman Sachs ReportA Goldman Sachs report suggests that concerns regarding an impending 'AI job apocalypse' may be overstated. Over the next decade, while AI ...
- Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
- Rupee bounces from day's low on RBI supportThe Indian rupee saw a slight recovery on Wednesday, closing at 94.66 against the dollar after touching an intraday low. State-run banks in...
- India, US conclude two-day trade talksIndia and the United States concluded ministerial talks on a proposed trade agreement, aiming to finalize an initial deal before Washington...
- Why did market rise today? Sensex rallied 791 pts, Nifty closed above 24,000; 6 key factors drove D-St reboundIndian stock markets witnessed a significant surge today, with Sensex and Nifty climbing up to 1%. This positive momentum was fueled by the...
- RBI intervention steadies rupee, governor's rate comment pulls down hedging costsThe Indian rupee showed resilience on Wednesday, recovering from earlier dips, a relief attributed to possible central bank measures. Concu...
- Major fire breaks out in labour settlements near Delhi's Udyog Bhawan, no casualties reportedA massive fire engulfed around 200 temporary tin-shed homes for labourers near Udyog Bhawan in the early hours of Wednesday. The blaze, whi...
- Mumbai weather: Orange alert issued as thunderstorms and rain lash financial capital, triggering waterloggingMumbai and Palghar are under an orange alert for thunderstorms, heavy rain, and strong winds as the southwest monsoon finally arrived, 13 d...
- India-US trade talks gather pace as tariff clock ticksIndia and the US are pushing for an interim trade pact, with high-level talks led by Piyush Goyal and Jamieson Greer aiming for a deal befo...
- Banks draw up cyber defence strategies to tackle AI risksIndian banks are bolstering cybersecurity with a four-pillar strategy against advanced AI threats. Focusing on code and identity protection...
- Banking liquidity slips into deficit on tax outflowsBanking system liquidity slipped into deficit for the first time in three months, falling to ₹19,971 crore on Monday from a surplus of ₹30,...
- Global economy remains fragile despite US-Iran truce, but India has buffers to weather shocks: RBIGlobal economic fragility persists despite a US-Iran truce, with risks of renewed inflation and supply disruptions if tensions re-escalate....
- Banking liquidity falls to fiscal-year low, pushes up money market ratesMoney market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidi...
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