The rupee continued to face pressure in the first half of the current financial year (FY26), hitting fresh lows against the dollar, due to strengthening of the greenback, rising crude oil prices, and foreign outflows. Rupee has depreciated by 3.7 per cent so far in the current financial year after starting at a good note in April.
The rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued.
'The watershed moment was June 22, 2024, when the divisional in-charge of Gadchiroli, Giridhar Tumreti, who was their senior-most commander, along with his wife, came forward to surrender before the then deputy chief minister and home minister Devendra Fadnavis.'
Among Sensex firms, Trent, ICICI Bank, Tech Mahindra, Bajaj Finserv, Mahindra & Mahindra, Power Grid, Tata Consultancy Services and Bajaj Finance were the major laggards. However, Tata Steel, Larsen & Toubro, State Bank of India, Kotak Mahindra Bank were among the major gainers.
While the economy will wait for a rate cut in December, the banking industry should be happy with the wave of liberalisation -- a big push for growth in bank credit, points out Tamal Bandyopadhyay.
Union Home Minister Amit Shah emphasizes the need for a unified anti-terrorism structure and a strong anti-terrorism grid across India to effectively counter terror attacks. He also announced a new plan to combat organized crime.
The agency also ran a parallel investigation into cyber-slavery and the organised digital exploitation networks in Southeast Asia, with slave compounds in Myanmar and neighbouring areas, that are emerging as incubators for the execution of such frauds.
The country's largest lender State Bank of India on Wednesday announced the completion of the divestment of about 13.18 per cent stake in Yes Bank to Sumitomo Mitsui Banking Corporation of Japan for Rs 8,888.97 crore. State Bank of India (SBI) has received Rs 8,888.97 crore from the acquirer Sumitomo Mitsui Banking Corporation (SMBC), a Japanese multinational financial services company belonging to the Sumitomo Mitsui Financial Group (SMFG), the bank said in a regulatory filing.
The proposed four per cent inflation target is onerous, considering India is currently battling near-double-digit increases in prices.
The rupee is undervalued as compared to its peers, shows the latest data from the Reserve Bank of India (RBI), even as the local currency keeps hitting new lows.
The Anti-Corruption Bureau/Economic Offence Wing (ACB/EOW) has claimed in its chargesheet that Chaitanya, son of former Chhattisgarh Chief Minister Bhupesh Baghel, received Rs 200 crore to Rs 250 crore as his share from an alleged liquor scam in the state.
'We currently have new proposals worth Rs 1.48 trillion in the pipeline.'
This is the longest winning streak for gold in the last three decades.
The government informed Lok Sabha that security forces have neutralised 29 top Naxal leaders since 2019, with a significant reduction in affected districts.
People's Bank of China's holding in HDFC stood at 1,74,92,909 equity shares, accounting for 1.01 per cent of the share capital of the company as of March-end, as per exchange data.
The Unnao rape case survivor expressed satisfaction after the Supreme Court stayed the Delhi High Court order suspending Kuldeep Sengar's life sentence. She voiced her faith in the justice system.
The Central Bank of India which is marking its centenary celebrations starting from today, plans to open branches oversees and achieve core banking solution (CBS) in all its existing branches, a top company official has said.
The hacking took place on the night of February 4.
'AUM reached an all-time high of Rs 79.9 trillion in October 2025, driven by strong retail participation and record SIP inflows of Rs 29,529 crore from over 94.5 million contributing accounts.'
The Russians have termed Putin's visit to India, his first to this country since the outbreak of the Russia-Ukraine war, as 'Druzhba Dosti', which means 'friendship' in Russian and Hindi respectively.
The Tigers refused to forgive Douglas Devananda and tried to assassinate him repeatedly. He later said: "(LTTE chief Velupillai) Prabhakaran cannot kill me." Destiny proved him right.
Never allow financial capital to dominate over the real economy.
The Reserve Bank of India (RBI) on Wednesday kept its policy interest rate unchanged at 5.5 per cent for the second consecutive time, citing concerns over tariff uncertainties.
Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private.
India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.
India's leading real estate developers are accelerating their push into plotted development, a segment once dominated by unorganised players but now reshaped by branded offerings, faster cash flows and evolving buyer preferences. This strategic shift is visible across markets such as Bengaluru, Chennai, Hyderabad, Gurugram, peripheries of the Mumbai Metropolitan Region (MMR) and even Tier-II cities.
While 28,141 applicants accepted internship in round one, in the second phase this was down to 24,638.
'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'
Markets regulator Sebi board on Wednesday approved a series of measures aimed at improving investor convenience, easing compliance norms, and deepening participation in the capital and debt markets.
The Supreme Court has directed the CBI to conduct a pan-India investigation into digital arrest scams and questioned the RBI about its lack of AI usage in detecting and freezing accounts used by cybercriminals.
Voicing concern over the global recession, G-20 Finance Ministers have asked their central banks to adopt aggressive and unconventional monetary policies to ensure price stability and restore growth.
The bank's governor, Sultan Nasser al-Suweidi, said he did not see "any reason for concern because UAE banks have increased their capitals, (and) as commercial banks have proven their ability to face the consequences of the world financial crisis."
Central banks are unlikely to go for co-ordinated withdrawal of stimulus measures as it may hamper global economic recovery, a top financial services expert said on Wednesday.
The state-owned Central Bank of India on Friday said it plans to open over 100 branches during the current fiscal.
The Telangana Cyber Security Bureau (TGCSB) foiled a digital arrest extortion attempt, rescuing an 80-year-old doctor and his family from cyber fraudsters posing as CBI officials.
Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent reduction in the amount needed to purchase them. It is to be noted that the 56th GST Council meeting earlier this month, approved substantial reduction in the GST rate for cars for up to 1,200 cc to 18 per cent from the existing 28 per cent.
Persisting uncertainties related to the US trade policies pose downside risk to the overall demand in the Indian economy while the inflation outlook for the near term has become more benign than anticipated earlier, RBI said in its latest bulletin on Thursday. In the August bulletin, the Reserve Bank of India (RBI) also said that India's sovereign rating upgrade by S&P bodes well for capital inflows and sovereign yields, going forward.
Belgium's supreme court -- the Court of Cassation -- on Tuesday rejected the appeal of fugitive diamond trader Mehul Choksi challenging the extradition request of India in connection with the Rs 13000-crore alleged bank fraud in Punjab National Bank, authorities in that country said.
By enabling real-time data sharing, the platform will help prevent scams and ensure secure transactions.
Agitators at Tezpur University on Sunday vowed to enforce a shutdown at the institution, which has been witnessing sustained protests since mid-September against alleged irregularities by Vice Chancellor Shambhu Nath Singh, till a formal communication from the Centre regarding the VC's removal is received.
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