State-run Central Bank of India on Thursday said Reserve Bank of India's credit policy initiative has increased pressure on interest rates.
Punjab Governor Gulab Chand Kataria emphasised the importance of Aadhaar in promoting good governance, transparency, and ease of living, highlighting its role in ensuring welfare benefits reach the intended recipients and strengthening the rural economy through Direct Benefit Transfer.
Indian economy grew at 7.9 per cent in fourth quarter of 2015-16.
Months after picking up 24.21 per cent stake in private sector lender Yes Bank, Japan's Sumitomo Mitsui Banking Corporation (SMBC) has received the Reserve Bank of India's (RBI's) in-principle approval for setting up a wholly owned subsidiary (WOS) in India.
The Supreme Court of India has stayed a notification by the Rajasthan government that would have de-notified a portion of the National Chambal Sanctuary for sand mining, citing the threat to endangered species and the illegal nature of the activity.
TMC leader Abhishek Banerjee accuses the BJP of attempting to alter West Bengal's demography by importing voters from other states ahead of the 2026 assembly elections, alleging a conspiracy to undermine the democratic rights of local residents.
Investing in gold trumped most other asset classes in terms of compounded annualised returns over the long term, suggests a report by FundsIndia.
The state-owned bank's loss largely offsets the Rs 1,800-crore (Rs 18-billion) capital injection the government will make in FY14.
Trinamool Congress leader Abhishek Banerjee has warned of a significant increase in cooking gas and fuel prices by the BJP-led central government following the West Bengal assembly elections. He accused the BJP of neglecting the fuel crisis and challenged them to pledge no price hikes for the next five years.
West Bengal Chief Minister Mamata Banerjee has criticised the Election Commission for allegedly failing to protect judicial officers involved in electoral roll revisions in Malda district. She accused the EC of lacking control over law and order and enabling the BJP's alleged attempts to disrupt the election process.
Voices from the Treasury are clamouring for lowering rates as this would boost demand.
A woman in Dombivali, Thane district, claims unauthorized transactions of 2.6 crore occurred in bank accounts opened in her name, potentially linked to a scam originating in Uttarakhand.
As the rupee remains under pressure due to several headwinds and the uncertainty around the India-US trade deal, the Reserve Bank of India (RBI) has been stepping in only to calm volatility, not to stop the fall.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
As the March 31 deadline arrives, a wave of Maoist surrenders suggests insurgency's end, but political and social concerns remain.
Trump may strike. He may announce productive talks and extend again. He may do both at the same time. Iran will not open the Strait on someone else's terms, so no matter what happens, that problem will remain unsolved. And the IRGC will still be collecting its $2 million toll from every ship bold enough to ask permission to pass.
'Was the five-day pause ever meant to hold, or was it simply another instrument of signaling, of positioning, of buying time in a war where even the pauses are tactical?' asks Prem Panicker in his must read daily blog on the Gulf War.
Gold has emerged as the most stable asset during episodes of geopolitical stress, and crude oil has been more sensitive than others when it comes to regional conflicts and sanctions, according to a report in the Reserve Bank of India's (RBI's) monthly bulletin. Silver and the United States Treasury have showed moderate reactions.
The UK High Court has concluded the hearing for Nirav Modi's application to reopen his extradition appeal, focusing on claims of potential torture during interrogations in India. The court has reserved its judgement.
Central Bank of India said on Tuesday it has an exposure of Rs 49 crore (Rs 490 million) to Raju-family owned Maytas and is 'willing' to lend to Satyam Computer Services if the company approaches it with a viable proposal. Central Bank of India has a total loan book of Rs 81,000-crore (Rs 810 billion), out of which nearly 27 per cent was contributed by its corporate portfolio.
India's retail inflation, which has stayed below the Reserve Bank of India's (RBI's) 4 per cent target in recent times, is likely to remain benign in the coming months, RBI Deputy Governor Poonam Gupta said in a speech, on Friday, which was uploaded on the central bank's website on Tuesday. Headline inflation dipped to multi-year lows of around 1.5-2.8 per cent in late 2025.
The CBI has conducted searches across multiple states in connection with a large-scale online financial fraud involving the overseas fintech platform 'Pyypl'.
Revenue collection next financial year may be affected, and, along with this, subsidies on food and fertilisers can go up if the war in West Asia drags for long, according to experts.
The World Bank on Tuesday raised India's growth forecast for the current fiscal to 6.5 per cent from 6.3 per cent estimated earlier, and said the country is expected to remain fastest-growing major economy, underpinned by continued strength in consumption growth.
A senior Maoist commander, Papa Rao, surrendered with his team in Chhattisgarh, signalling a significant blow to Left-Wing Extremism in the region. This event underscores the impact of sustained security pressure and rehabilitation efforts on the Maoist movement.
West Bengal Chief Minister Mamata Banerjee has accused the BJP-led central government of attempting to suppress voting rights through voter roll revisions, describing Prime Minister Narendra Modi as the 'biggest infiltrator'.
West Bengal Chief Minister Mamata Banerjee has accused the BJP-led central government of attempting to suppress voting rights through voter roll revisions, describing Prime Minister Narendra Modi as the 'biggest infiltrator'. She framed the upcoming assembly elections as a fight for democratic rights and Bengal's social harmony.
Kerala Chief Minister Pinarayi Vijayan has strongly refuted Rahul Gandhi's claims of collusion between the LDF and BJP in the upcoming Kerala Assembly elections, accusing the Congress leader and his party of being the BJP's 'B-team'. The Congress has retaliated, alleging that Vijayan is trying to appease Prime Minister Modi and Home Minister Shah.
West Bengal Chief Minister Mamata Banerjee launched a scathing attack on the BJP-led central government, accusing it of attempting to suppress voting rights and polarise the electorate ahead of the assembly elections.
The rupee plunged 38 paise to close at an all-time low of 90.32 against the US dollar on Thursday amid uncertainty over the India-US trade deal. Forex traders said the rupee is expected to trade with a negative bias as the delay in the trade deal between India and the US may continue to dent investor confidence.
Sitharaman continues with the tradition she set in 2019, carrying the budget speech in a 'bahi-khata', which she used after dropping the briefcase tradition.
Security agencies have uncovered a vast network of 'mule accounts' in Jammu and Kashmir used to launder money for global scams, raising concerns about potential links to separatist activities.
Saudi Arabia and the UAE are actively pushing Trump to take the war to its bitter finish and 'erase' Iran's presence in the geopolitics of the region. Simply put, the two most powerful Sunni Arab oligarchies are on the same page as Israel. Such interference increases the risk of a breakdown in dialogue between the US and Iran, points out Ambassador M K Bhadrakumar.
'We expect modest returns in 2026 versus the steep gains seen over the past few years.'
The proposed four per cent inflation target is onerous, considering India is currently battling near-double-digit increases in prices.
Reserve Bank Governor Sanjay Malhotra on Friday said the central bank does not target any band for the rupee in the forex market, and allows the domestic currency to find its own correct level.
The Reserve Bank's gold reserves crossed 880 metric tonnes in the first half of 2025-26 with the central bank adding 0.2 metric tonnes in the last week of September. The total value of the gold was $95 billion as of September 26, 2025, according to the latest data from the Reserve Bank of India (RBI).
'A breakout above 158,000 to 160,000 could trigger the next leg higher toward 165,000 to 170,000.'
The Central Bureau of Investigation (CBI) has arrested Ayush Varshney, co-founder of Darwin Labs, in connection with the 200 million Gain Bitcoin cryptocurrency scam. Varshney was apprehended while attempting to flee the country.
Shaheed Diwas 2026: India observes Martyrs' Day on March 23, marking 95 years since Bhagat Singh, Rajguru and Sukhdev were hanged by the British in 1931. PM Modi leads tributes. History, significance, quotes and how the nation is remembering the martyrs today.
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