Lighting lives beyond Diwali: How everyday Indians are making a difference through givingAn RBI officer, a Bengaluru retailer, a safari lodge owner and a 24-year-old money coach tell us how giving a little, steadily, lights some...
"What's the hurry?": BRS questions IDBI Bank valuation, seeks answers from Centre over proposed saleK T Rama Rao raised concerns regarding the proposed sale of IDBI Bank to Fairfax Financial Holdings. He highlighted potential undervaluatio...
'2026 resembles 1991': CEA Nageswaran says India is at a critical economic inflection pointChief Economic Advisor V Anantha Nageswaran emphasized that 2025-26 could be a significant inflection point for India's economy. He mention...
Best gilt mutual funds to invest in October 2026Mutual fund experts posit that aggressive debt investors might want to consider gilt funds as a way to obtain superior returns. As interest...
Global Market Today: Asian stocks advance on resurgent AI optimismThe MSCI Asia Pacific Index rose 0.6%, as benchmarks in Australia, Japan and South Korea advanced. The Kospi Index rose 2.6%, with SK Hynix...
Bandhan Bank denies acquisition talks with First Abu Dhabi BankBandhan Bank has denied reports of acquisition-related discussions with First Abu Dhabi Bank, calling its reference in a news report factua...
RBI data centre to strengthen payment systems, cyber resilienceThe Reserve Bank of India inaugurated a new sovereign data centre to enhance the resilience of financial services and reduce reliance on th...
Extent of rate hike cycle to depend on growth-inflation outlook: RBI GovernorReserve Bank of India (RBI) Governor Sanjay Malhotra said the duration and extent of the rate hike cycle will be contingent on the actual g...
RBI approves merger of Emirates NBD's India branches with RBL BankThe Reserve Bank of India has approved the merger of Emirates NBD Bank's Indian branches with RBL Bank. This amalgamation will officially t...
India's forex reserves drop by $8.58 billion to $726.03 billion in week ended October 9: RBIIndia’s foreign exchange reserves fell by $8.578 billion to $726.027 billion in the week ended October 9, according to data released by the...
Rupee relief comes with disruptions in financial marketsThe Reserve Bank of India took decisive steps to stabilize the rupee, significantly affecting financial markets. New constraints led to sky...
India is now biggest country exposure for Fairfax, we have zero bets on AI: Prem WatsaCanadian billionaire Prem Watsa's bet on IDBI Bank is backed by faith in the Indian economy, he told Mohit Bhalla and Sruthijith KK in a ph...
RBI clarifies interbank trades, ECBs coupons not part of FERRReserve Bank of India recently clarified the applicability of foreign exchange risk reserve for banks. The requirement does not apply to ba...
RBI issues clarifications on forex hedging curbsThe Reserve Bank of India issued clarifications on its recent measures to support the rupee. This followed concerns about tighter hedging r...
FM Sitharaman ready to hear out stock market tax debateFinance Minister Nirmala Sitharaman expressed interest in the discussions surrounding stock investment taxes and their implications. She me...
Banks seek clarification on implementation of RBI forex measuresIndian lenders have requested clarification from the Reserve Bank of India regarding new currency-supporting measures. They seek guidance o...
Pressure on rupee may continue after temporary gains on RBI actions, say economistsThe Reserve Bank of India has implemented emergency measures to stabilize the rupee, which is facing strong global pressure. Analysts indic...