FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
10 Jun, 2026, 09.31 AM IST
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
09 Jun, 2026, 05.20 PM IST
Former Maharashtra minister files plea in Supreme Court against CBSE's 3-language rule for Class 9 studentsA fresh plea filed by Dr Fauzia Khan, an educationist and former Maharashtra ministerhas been filed at the Supreme Court challenging the CB...
09 Jun, 2026, 12.29 PM IST
RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
09 Jun, 2026, 10.45 AM IST
Centre approves 153 lakh person-Days under MGNREGS for West Bengal; New rural employment framework to roll out from July 11The Centre has approved a substantial labour budget of 153 lakh person-days for West Bengal under the MGNREGS for June 2026. This initiativ...
09 Jun, 2026, 10.31 AM IST
Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
09 Jun, 2026, 09.21 AM IST
RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
09 Jun, 2026, 12.31 AM IST
Increase in limits for NRI and OCI investors to invest in stock market without SEBI registration, RBI GuvThe Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...
08 Jun, 2026, 12.46 PM IST
RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
05 Jun, 2026, 11.00 AM IST
Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
05 Jun, 2026, 12.55 AM IST
Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
04 Jun, 2026, 08.25 PM IST
Over 60% of pharma MSMEs yet to comply with updated manufacturing normsPharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shorta...
03 Jun, 2026, 12.32 PM IST
Right to trauma care of citizens integral part of right to life, Supreme Court saysThe Supreme Court has asked all states and Union Territories to launch a unified helpline, 112, for emergency responses. A functional syste...
28 May, 2026, 01.51 PM IST
Finmin pushes for wider local sourcing norm in incentive schemesThe move indicates a sharper alignment between government spending and industrial policy objectives, with the Centre striving to ensure tha...
27 May, 2026, 12.33 AM IST
Bond won't help this time: Why RBI should hike interest rate, instead of unleashing forex mobilisation schemes as in the pastReserve Bank of India's past emergency tools for raising foreign currency are no longer effective. Global interest rates have changed the f...
27 May, 2026, 12.21 AM IST
Government rules out blanket ALMM List-II extension beyond June 1; case-by-case relief for solar projectsThe Ministry of New and Renewable Energy will not extend the ALMM List-II deadline past June 1, 2026. Projects commissioned after this date...
25 May, 2026, 08.00 PM IST
States can submit applications from June 1 for industrial parts under BHAVYA schemeStates can now apply for the Rs 33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA) scheme to establish industrial parks. The first selection...
24 May, 2026, 09.24 PM IST