BUSINESS
Amid Nashik Kumbh protests, Maharashtra govt seeks way out of tree-cutting controversy, says CM Devendra Fadnavis
The tree cutting plan has triggered protests from local residents and environmental activists, who have questioned the necessity of large-scale tree felling and demanded alternative arrangements that would minimise ecological damage.
BUSINESS
Nashik Municipal Corporation to issue green bonds worth Rs 200 crore in Jan-Feb, says Commissioner Manisha Khatri
On December 1, Nashik Municipal Corporation listed its bonds on the National Stock Exchange of India (NSE).
BUSINESS
'Right time' to unlock value for Maha's govt entities says CM Devendra Fadnavis
Fadnavis called it the 'right time' to unlock value in government entities and corporations, and the listings will be carried out in a phased manner to ensure a smooth transition to the market.
BUSINESS
INR or Repo rate: What will be the bigger priority for RBI ahead of MPC?
The depreciation in the local currency is highest in last three years due to tariffs related impact leading to higher demand for dollars among importers and outflows of funds from domestic equity market.
BUSINESS
17 of 20 experts back December rate cut despite GDP uptick; banks’ margins at risk
The RBI has so far reduced repo rate by 100 bps from 6.5% to 5.55 between February and June. After that, it RBI has maintained a status quo in the August and October policies.
BUSINESS
RBI consolidates 3,809 circulars into master directions, scraps 5,673 obsolete norms, to improve ease of compliance, says DG Murmu
Murmu furher said that any circular issued midway during the year will now be added as an amendment to the concerned master direction, and all master circulars will be updated within a period of one year.
BUSINESS
Indian bond yield rises 5 bps after GDP accelerates to a six-quarter high of 8.2% in Q2
India’s economy extended its strong run for a third consecutive quarter, growing at a six-quarter high of 8.2 percent in July–September (Q2FY26) compared with 7.8 percent in the previous quarter.
BUSINESS
FIMMDA members elects six new directors from PSU, private banks after SRO recognition, say sources
From the PSU space, State Bank of India, Union Bank of India and Bank of Baroda have secured representation. On the private sector side, the elected directors are from HDFC Bank, Axis Bank and ICICI Bank.
BUSINESS
India’s debt market task ahead is to enable funds for mid-sized corporates, municipalities, says CEA Nageswaran
The next phase of regulation now will move on to smarter rules and not necessarily more rules, he added
BUSINESS
Bond market split on RBI’s rate cut outlook, issuances and coupon demand diverge
This week Rs 25,023 crore has been raised through corporate bonds. Corporates and banks raised Rs 15,193 crore via BSE’s electronic book platform and Rs 9,830 crore on NSE’s EBP
BUSINESS
Two big banks seek pension fund licences amid rising growth potential, says PFRDA chairman
An additional 0.1 percent incentive has been offered if 80 percent of customers are new to the scheme. This threshold has not yet been achieved, but once business gains momentum, pension funds are expected to actively pursue this incentive, Ramann said.
BUSINESS
Corporates, banks raise over Rs 8,000 crore via corporate bonds in primary market
Of the total fund raising, majority of the funds has been raised by IRFC worth Rs 2.981.65 crore and ICICI Bank worth Rs 3,945 crore.
BUSINESS
NBBL aims to process 1 billion monthly transactions over next 3 years, says NBBL CEO
Last month, the company crossed 260 million transactions, a 10x growth over the last few years, Noopur Chaturvedi has said
BUSINESS
Rupee down 3.5% since March; RBI sells $38 billion to steady currency: FinMin
Indian rupee weakened 3.5% vs US dollar between March and October 2025, as RBI sold nearly $38 billion to stabilise the currency amid global volatility and mixed flows.
BUSINESS
RBI uses multi-model, forward-looking framework to sharpen inflation, growth forecasts, says Deputy Guv Poonam Gupta
The bi-monthly policy resolutions of the Monetary Policy Committee provide projections for inflation and growth up to four quarters ahead, Gupta said.
BUSINESS
Central, state PSUs account for 40% of delayed MSME payments
As of March 2024, the amount of delayed payments to Micro, Small, and Medium Enterprises, adjusted for inflation, stood at Rs 7.34 lakh crore
BUSINESS
RBI’s rupee defence at 3-year high, $38 billion sold in January–September
The rupee has depreciated 4.10% in the calendar year and 4.26% this fiscal, according to Bloomberg data
BUSINESS
Nabard, PFC pull bond issues as investors demand higher coupons
Investors wanted to lock in higher rates ahead, expecting a rate cut by the RBI which meets for its bi-monthly policy review in the first week of December
BUSINESS
Japan bond yields rise, but no immediate spillover seen on Indian bond market
Japan is one of the world’s largest creditor nations and plays an important role in capital flows to other countries. Thus, rising yield can influence other markets in a significant way.
BUSINESS
Rupee ends 17 paise up at 89.24 against US dollar on RBI support
On November 21, the local currency depreciated to a record low of 89.49 against the US dollar due to outflows from foreign investors from Indian equities, uncertainty over a US-India trade deal, and absence of RBI's support sparked the slide in the rupee.
BUSINESS
ED records statement of industrialist Vikas Garg in Rs 190 crore customs duty fraud
The probe concerns the alleged duty-free import of goods shown as exports on paper but diverted to the domestic market, causing an estimated Rs 190 crore loss to the government.
BUSINESS
Indian rupee hits record low of 89.46 against US dollar on high greenback demand
With this fall, the local currency is down by 0.86 percent against the US dollar as compared to November 20. Indian rupee has seen a biggest intra-day fall of 67 paise, which is highest since May 8, 2025, when it depreciated 89 paise.
BUSINESS
MC Poll: RBI MPC may cut rates by 25 bps in December meet as low inflation offers comfort
The MPC will meet between December 3 and 5 for another round of rate setting deliberations.
BANKING
Government in talks with 7-8 countries for UPI inter-linkage, hopes to conclude next year, says DFS Secretary M. Nagaraju
Nagaraju said past decade has been one of the most transformational in the BFSI.
