India's BoP set to turn positive but below expectations amid oil import costs and widening trade deficit: ICICI BankIndia's Balance of Payments (BoP) is turning positive, but it is likely to remain lower than earlier expectations as elevated oil prices an...
16 Oct, 2026, 09.17 AM IST
PM Modi woos global investors, says India believes in 'Power to Empower'The Prime Minister told the gathering of business leaders from India and abroad that the country has seen inclusive growth at a steady pace...
14 Oct, 2026, 06.00 AM IST
UPI MDR rollout deferred beyond Diwali; date yet to be notifiedNPCI framework, announced on September 15, was scheduled to take effect on October 15. It prescribed a 0.4% fee on eligible bank account-fu...
13 Oct, 2026, 11.48 PM IST
UPI MDR rollout deferred until after DiwaliUPI MDR charges on eligible merchant transactions above Rs 2,000 have been deferred until after Diwali, with the exact implementation date ...
13 Oct, 2026, 07.04 PM IST
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...
13 Oct, 2026, 12.32 AM IST
Rupee rebounds nearly 1% after RBI moves to curb speculative tradesThe rupee rebounded nearly 1% to 95.77 per dollar on Monday after the RBI announced measures to curb speculative currency trades. A special...
12 Oct, 2026, 08.37 PM IST
Bank customer spots huge unknown deposit in account, receives a call pressuring him to return it immediately, ends up approving even higher amount; warns SBIState Bank of India (SBI) has warned customers about the ‘Jumped Deposit Scam’, in which fraudsters use unexpected bank credits and urgent ...
12 Oct, 2026, 01.53 PM IST
Banks may explore easier forex hedging amid RBI curbsThe Reserve Bank of India has implemented fresh regulations that drastically reduce the maximum limit for dollar forward transactions by co...
12 Oct, 2026, 12.35 PM IST
Banks seek RBI relief, clarity on India's latest rupee-defence measures: ReportBanks have approached the Reserve Bank of India to request changes to the 20% cash deposit mandate. They propose that a flat charge replace...
12 Oct, 2026, 12.29 PM IST
What is RBI seeing that markets aren't?RBI has imposed new restrictions on forex trading and opened a special window for oil marketing companies. These abrupt measures have confu...
11 Oct, 2026, 11.33 PM IST
GST Council Meeting 2026: Tax officers' arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changesGST Council Meeting 2026: The GST Council concluded that existing GST rates would remain unchanged. It further removed arrest authorities f...
08 Oct, 2026, 06.22 PM IST
GST winners 2026: No rate cuts, but small businesses, exporters and taxpayers have plenty to gain. Here's howGST Reform Winners 2026: The GST Council has greenlit key reforms intended to simplify compliance for businesses across the board. Small bu...
08 Oct, 2026, 06.20 PM IST
GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reformsGST Council Meeting 2026: The GST Council, meeting in New Delhi, is expected to propose significant reforms for tax administration. One ref...
08 Oct, 2026, 02.16 PM IST
GST Council meet starts with focus on ease of doing business, ITC overhaul and decriminalisation on agendaThe 57th GST Council meeting is set to consider major GST 2.0 reforms, including wider input tax credit eligibility, protection for genuine...
08 Oct, 2026, 11.42 AM IST
Beyond the first export: How India’s SMBs can build lasting global businessesIndia’s exports hit a record in 2025-26, and SMBs account for nearly half of them. But as trade deals widen market access, Payoneer leaders...
07 Oct, 2026, 05.50 PM IST
Individuals exempt from reporting under new FEMA trade rules, RBI saysIndividuals undertaking personal transactions will not have to comply with new foreign exchange trade regulations imposed. The Reserve Bank...
07 Oct, 2026, 05.23 PM IST
GST Council likely to align export definition with forex earnings, clarify on overseas branch servicesThe GST Council is expected to review a proposal to redefine the definition of export for services. This proposal aims to remove ambiguitie...
05 Oct, 2026, 06.25 PM IST