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India Q1 GDP growth seen at 7.3% as consumption, capex cushion Iran war shock: ET pollIndia's economy likely grew over seven percent in the first quarter of fiscal year twenty twenty seven. Resilient consumption and exports s...- Banks may rush to tap short loans abroadBankers said some lenders now plan to borrow more short-term funds, possibly at a higher rate, to finance the promised leverage to FCNR(B) ...
- Finance ministry asks ministries to move from WPI to PPI in future contractsThe finance ministry has asked ministries and departments to adopt the Producer Price Index (PPI) instead of the Wholesale Price Index (WPI...
- RBI to close FCNR(B) swaps a month earlier due to gushThe Reserve Bank of India has moved the FCNR(B) deposit deadline to August 31 in response to better-than-expected foreign currency inflows....
- RBI shortens FCNR (B) deposit swap window to Aug 31The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision comes after observing higher-than-expe...
- New Development Bank plans $7.5 billion funding to deepen rupee lendingThe New Development Bank is set to invest $7.5 billion in India, focusing on local currency financing aimed at strengthening emerging econo...
- Forex reserves up by $14.1 billion to $707 billionIndia's foreign exchange reserves saw a jump of over fourteen billion dollars. Foreign currency assets and gold reserves contributed substa...
- S&P assigns investment-grade rating to IDFC FIRST Bank. Can it lift the stock?S&P Global Ratings has assigned IDFC FIRST Bank an inaugural investment-grade rating of BBB- for the long term, with a Stable Outlook. The ...
- Global Market: Japan’s yen intervention puts BOJ in spotlight over rate hike pathJapan’s coordinated yen-buying intervention with the U.S. and South Korea has heightened expectations of faster Bank of Japan rate hikes. M...
- Bank of Baroda raises $700 million in first overseas bond issue since 2019Bank of Baroda raised $700 million through three-year and five-year dollar bonds, marking its first overseas issue in over seven years. Str...
- Banks to reveal loan rates every month in RBI's disclosure tweakThe Reserve Bank of India has proposed new lending rate guidelines. Regulated entities must declare lending rates monthly and reset floatin...
- RBI invites public comments on draft rules to standardise how lenders set interest ratesThe Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across variou...
- Central Bank of India mobilises $250 million under FCNR (B) window: CEO Kalyan KumarCentral Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million...
- Fed may talk less and let markets lead. That could spell more volatility for IndiaUS Federal Reserve chief Kevin Warsh’s push to reduce forward guidance and shrink the Fed’s balance sheet could increase global market vola...
- World Bank warns Pakistan’s diversion of Balochistan housing funds could deepen povertyThe World Bank expressed serious concern over redirecting housing funds. This move could deepen poverty and increase disaster vulnerabiliti...
- India sixth-largest economy at $3.92 trillion nominal GDP in FY26: GovernmentIndia's economy reached sixth globally with a $3.92 trillion GDP in 2025-26. Government strategies focus on agricultural productivity and m...
- Indian diaspora could be UPI’s ticket to the global payments mapNPCI plans to expand UPI internationally by targeting countries with large Indian diaspora populations, with CEO Dilip Asbe saying it could...
- Global banks are pulling back credit cards once prized by rich IndiansSeveral offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-...
- Government approves senior bureaucrats' postings to IMF, ADBThe Centre has approved several key foreign postings for senior bureaucrats. Satyajit Mohanty will represent India at the International Civ...
- AI offers 'lifeline' for emerging economies, World Bank saysArtificial intelligence can accelerate developing nations' progress by a century within ten years. Emerging economies face fewer job threat...
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