On August 14S&P Global upgraded India's long-term sovereign credit ratings to 'BBB' for the first time since 2007, citing economic resilience and fiscal consolidation
India's market is diversifying beyond metros. Brands must evolve strategies, catering to both urban and rural needs, balancing aspiration with accessibility, and embracing regional preferences for sustainable growth
The rupee opened at 87.48 against the US dollar after the Prime Minister in his Independence Day address promised a simplified GST framework by Diwali, which is expected to give a boost to consumption and, in turn, job creation
The RBI must address the unions' stark warnings or it risks amplifying inequalities and eroding public trust
The review meeting on August 20 with public sector banks to assess the performance of the first quarter of 2025-26.
The total volume on ARCL Tri-party Repo in July was Rs 52,175.10 crore, compared with Rs 39,725.50 crore, registering a growth of 32 percent month-on-month.
S&P Global Ratings raised its long-term unsolicited sovereign credit ratings on India to 'BBB' from 'BBB-', and its short-term ratings to 'A-2' from 'A-3'. The outlook on the long-term rating is stable.
The dollar index, which measures the greenback's strength against a basket of six major currencies, fell to 97.752 in the morning from the previous close of 97.840.
Government bond yields have been on the rise since the RBI’s status quo in the August monetary policy. Though the decision was in line with the market expectation, few participants expected a surprise rate cut.
The highly-anticipated U.S. inflation readings indicated President Donald Trump's tariff regime had yet to filter down to consumer prices.
Falling funding costs and equity infusions bolster credit profiles of non-bank lenders.
The gap, or impact on GDP, was closer to 25 to 40 basis points. At 50 percent, almost 50 percent of our exports to the US become non-tradable, priced out, and the impact then would be much larger, Sahay said.
The changes are in immediate effect and operational guidelines to AD Category-I banks issued by the RBI, release said.
Bond yields have been on the rise since the Reserve Bank of India (RBI) kept policy rate unchanged in the August monetary policy.
Multiple police investigations conducted in several parts of the country over the past week have reportedly uncovered organised scam networks manipulating Aadhaar data to make bogus claims
In Q1FY26, the Indian rupee depreciated by 2.03 percent against the US dollar, creating favourable conditions for forex trading gains.
The Axis AMC managing director and CEO says the firm's goal is to bridge the gap between traditional fund management and the transparency offered by modern fintech platforms, empowering customers with comprehensive but easy-to-understand portfolio analysis
The biggest risk in hiking minimum balance is a slowdown in low cost savings account deposit and loss of market share to competition
US President Donald Trump on Monday signed an executive order to extend the China tariff deadline by an additional 90 days, CNBC reported, quoting a White House official confirming the development.
Public sector banks generally have lower balance requirements than private lenders, with Jan Dhan accounts exempt from such norms
The leadership reshuffle comes after ICICI Securities was delisted from local stock exchanges in March
DFS sought comments from banks, RBI and NPCI on the existing GST slab of Rs 40 lakh for shopkeepers, whether it should be raised, and by how much, sources said
ICICI Bank’s steep minimum balance hike has sparked outrage but it’s the bank's call. Customers have options.
Jaipur-based lender’s transition marks a historic shift, but challenges loom large
The move, which came into effect on August 1, 2025, signals a sharper focus on affluent customers while trimming its exposure to the mass market segment.
