BusinessIndian Bank Deposits Hit Record ₹284 Trillion, Near $3 Trillion, Driven by Foreign-Currency Deposit Scheme Rahul AharwarOctober 16, 2026October 16, 2026Mumbai, October 16, 2026: Deposits across India’s banking system climbed to a record ₹284 trillion ($2.99 trillion) in the second…
BusinessFairfax Buys 60.7% Controlling Stake in IDBI Bank for $5.56 Billion in Landmark Banking Deal Rahul AharwarOctober 15, 2026October 15, 2026Mumbai, October 15, 2026: Canada-based Fairfax Financial Holdings has agreed to acquire a 60.7% controlling stake in IDBI Bank for…
Top 10 NewsRupee Hits One-Month High After RBI Forex Measures, Governor’s Stability Pledge Rahul AharwarOctober 14, 2026October 14, 2026MUMBAI, October 14, 2026: The Indian rupee strengthened for a third consecutive session on Wednesday, touching a one-month high of…
Top 10 NewsRBI’s New Forex Measures Rattle Banks as Lenders Pause Dollar-Rupee Forward Trades Amid Confusion Rahul AharwarOctober 13, 2026October 13, 2026Mumbai, October 13, 2026: The Reserve Bank of India’s latest measures to support the rupee have triggered uncertainty across the…
BusinessIndia’s Retail Inflation Jumps to 5.54% in September, Nearing RBI’s Upper Tolerance Limit Rahul AharwarOctober 12, 2026October 12, 2026New Delhi, October 12, 2026: India’s retail inflation rose sharply to 5.54% in September, compared with 4.83% in August, bringing…
BusinessRupee Under Pressure: SBI Research Urges RBI to Prioritise Currency Stability Alongside Inflation Control Rahul AharwarOctober 10, 2026October 10, 2026Mumbai, October 10, 2026: The Indian rupee continues to face intense pressure near record-low levels, prompting SBI Research to urge…
BusinessRBI Hikes Repo Rate by 25 bps to 5.5%, Signals Further Tightening as Inflation Pressure Rises Rahul AharwarOctober 7, 2026October 7, 2026Mumbai, October 7, 2026: The Reserve Bank of India on Wednesday raised the benchmark repo rate by 25 basis points…
BusinessRBI Rate Hike Expectations Rise as Inflation Pressure Builds; 25 bps Increase Seen Likely Rahul AharwarOctober 5, 2026October 5, 2026Mumbai, October 5, 2026: Expectations of a fresh interest rate hike by the Reserve Bank of India have strengthened ahead…
Latest NewsSupreme Court Refuses to Stay 0.4% MDR on UPI Merchant Payments Above ₹2,000 Rahul AharwarSeptember 29, 2026September 29, 2026NEW DELHI, September 29: The Supreme Court has refused to grant an interim stay on the Centre’s decision to introduce…
BusinessIndian Rupee Breaches ₹96 per Dollar, Hits Two-Month Low as Oil Prices Surge Rahul AharwarSeptember 29, 2026September 29, 2026MUMBAI, September 29: The Indian rupee weakened beyond the ₹96-per-dollar mark on Tuesday, falling to its lowest level in around…
