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BANKING SECTOR FDI
CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reformsIndia's economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures....
FEMA probe against Apollo Hospitals, 5 directors closed after compounding order: EDA foreign exchange violation case against Apollo Hospitals and five directors has been terminated. The Reserve Bank of India issued a compo...
RBI opens listed Indian equities for foreign investorsThe Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...
Remittances, services surplus lift India to $4.7 billion current account surplus in AprilIndia achieved a significant current account surplus of $4.7 billion in April. This positive shift was driven by robust inward remittance f...
Govt needs to revive NITI Aayog's PSU, PSB privatisation program: Arvind PanagariyaFormer NITI Aayog vice chairman Arvind Panagariya urges the government to revive privatization of public sector undertakings and banks. He ...
Is India's economic growth real? Raghuram Rajan says something is offFormer RBI Governor Raghuram Rajan questions India's strong economic growth figures, citing weak corporate investment and declining foreign...
Rupee to average around 96/USD in FY27; risks from oil, dollar persist: Motilal OswalThe Indian rupee is projected to average around 96 against the US dollar in FY27. However, this outlook faces potential challenges includin...
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
RBI's foreign capital push reflects rising inflation, slowing growth concerns: ReportThe Reserve Bank of India is introducing new measures to attract foreign investment. This move aims to tackle rising inflation, slowing eco...
India’s economy faces threats that currency band-aid can’t fixIndia's government and central bank have launched new measures to attract foreign investment. These steps aim to boost the rupee and bring ...
RBI policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...
The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
We expect interest rates to be left the way they are: Ficci chief Anant GoenkaFicci president Anant Goenka advocates for steady interest rates, citing supply-side price pressures from the West Asia crisis. He suggests...
Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
How to regain funds & frolic: India’s capex push needs savings, competitiveness and global capital flows to alignAsia is experiencing an industrial boom. India can benefit by increasing manufacturing and attracting investment. This will create jobs and...
RBI sees services exports, remittances cushioning current account in FY27India's current account balance will see strong support in 2026-27. Robust growth in software and business services exports will be a key f...
India faces test of oil, inflation and monsoon risks despite economic resilience, FinMin report showsIndia's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are...
Patient capital trusts India as hot money exits; FDI inflow rises 17% YoYIn the fiscal year 2025-26, India witnessed a remarkable surge in foreign direct investment, soaring to $94.5 billion. This uptick is parti...