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.
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).
'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.
RBI releases National Strategy for Financial Inclusion 2025–30, outlines Panch-Jyoti framework with 47 action points
The strategy has been framed under the aegis of the Technical Group on Financial Inclusion and Financial Literacy following country-wide discussions with various stakeholders by the RBI and other stakeholders.
Cyber fraud rising, tech alone not enough to protect customers, says RBI Deputy Governor Swaminathan J
Swaminathan said the banking risk landscape has become more complex with the emergence of cyber, climate and reputational risks alongside traditional credit and market risks.
Why gig-worker unions are pushing for insurance provisions under the new labour code
Unions say legal recognition means little without actual schemes, contributions and registration, leaving gig workers without enforceable social security
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.
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.
OPINION | Bank mergers may be a prelude to government’s partial exit from ownership
Speculation about public sector bank mergers has surfaced again. The jury is out on the efficacy of the last round of mergers. Yet, an IMF-World Bank assessment on India’s financial sector asks for privatisation of select banks. The government may not be averse to this idea in the long-term which makes a merger a stepping stone to exit
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.
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.
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.
OPINION | Vault Matters: The real but barely mentioned risk in Yes Bank
Recently, Switzerland’s judiciary set aside the decision of its central bank to completely strike down the value of Credit Suisse’s AT-1 bonds when it was acquired by UBS. Will it open the pandora’s box back home where a similar matter is up for consideration at the Supreme Court?
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
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.
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
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.
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.
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
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
Jefferies to rope in veteran financier Keki Mistry for its AMC arm
The company has applied to Sebi for an asset management license and in the process of putting together a top management team.
Moneycontrol Pro Panorama | What a December move by RBI, Fed means for the Indian economy
In Moneycontrol Pro Panorama November 26 edition: For India, a rate cut right now is not just a monetary signal. It is a chance to revive momentum
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
Rupee opens 3 paise down at 89.25 on persistent dollar demand
Importers have been buying dollars whenever the rupee strengthens, which has made it hard for the rupee to strengthen, experts say
