After a subdued first quarter of 2025-26 (Q1FY26), banks are now betting big on the festive season, rolling out attractive loan offers to boost credit growth in the second half of the current financial year (H2FY26) - a trend likely to be further accentuated by the second-order effects of the good services tax (GST) cuts.
Passive funds have resumed gaining ground in the mutual fund (MF) industry after a slowdown in 2024, with their share of assets under management (AUM) reaching an all-time high in 2025. The surge has been driven largely by robust inflows into gold and silver exchange-traded funds (ETFs).
Finance Minister P Chidambaram said that he does not expect any increase in interest rates by PSU banks in reasonable future.Loans to individual housing sectors grew by 16.44 per cent to touch Rs 1,48,489 crore (Rs 1484.89 billion) as on March, against Rs 1,27,522 crore (Rs 1275.22 billion) a year-ago.
Eighteen new-age technology firms went public during the year, a near triple increase from the five firms that debuted in 2023 and 38 per cent more than 2024's tally of 13.
Top real estate developers reported healthy presales growth in the second quarter of FY26, aided by a steady pipeline of new project launches. While overall housing momentum across major Indian cities moderated during the quarter, listed players remained relatively insulated.
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The rupee has avoided the heavy losses suffered by some emerging Asian currencies such as the Philippine peso this year because of its efforts to narrow the current account deficit, and strong foreign investor inflows.
IT services firm HCLTech on Monday reported a 11.2 per cent decline in consolidated net profit to Rs 4,076 crore in the October-December quarter of FY26.
The Best Airline Cabin Crew awards celebrate outstanding overall excellence among inflight teams, recognising both technical proficiency, like efficiency, precision and service execution, as well as the human touch, including enthusiasm, attitude, warmth and genuine hospitality, according to SkyTrax.
In the recent past, the country's largest bank has been aggressive in cutting the lending rates, especially for those buying homes and cars. It is extending both these loans at eight per cent interest per annum. Earlier this week, finance minister Pranab Mukherjee said in Kolkata that he was against a tight money policy.
'It takes time and the experience of a few market cycles to develop awareness about one's true risk appetite.'
DBS Bank India on Monday said customers of Lakshmi Vilas Bank, which has now been merged with it, can continue to access all banking services, and interest rates on savings and fixed deposits are unchanged as of now. Lakshmi Vilas Bank (LVB) has now been amalgamated with DBS Bank India Ltd (DBIL), the wholly-owned subsidiary of DBS Group Holdings Ltd, DBS Bank India said in a statement.
With the setting of MPC, the interest rate setting powers would move from RBI Governor to the panel.
The State Bank of India has cut interest rates on home and auto loans by 0.25 to 1.5 per cent even as the bank has introduced new tenure brackets in housing segment effective from Wednesday to grow faster in the highly competitive retail sector.
Overall, in his IPL career, Ravi Bishnoi has picked up 72 wickets in 77 games at an economy rate of 8.21.
'Exiting during corrections tends to lock in losses. Patient investors have benefited from holding through similar drawdowns in past cycles.'
The under-leveraged nature of corporates will help reduce the impact.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
The repo rate or the short term lending rate was increased to 7.5 per cent from 7.25 per cent.
Financial markets are under stress and require steps by the central bank for market stability and revival of economic growth, he said while announcing the decisions taken by the Monetary Policy Committee in Mumbai.
Suryakumar Yadav's poor run of form over the last 18 months has surprised Australian great Ricky Ponting, who believes the Indian skipper should think about scoring runs and not getting out in the lead up to the T20 World Cup.
Close on the heels of one per cent cut in interest rate on small savings scheme and PPF in the Union Budget, the Reserve Bank of India announced on Friday a 0.5 per cent reduction in interest rate on savings account to 3.5 per cent effective Saturday
The New Tata Punch is a fantastic deal for first-time buyers. You get SUV capabilities and premium features like Clima Touch Automatic Temperature Control, an integrated air purifier, and rain-sensing wipers, says Rajesh Karkera.
The study covers 3,234 SMEs, with sales turnover ranging from Rs 1 crore (Rs 10 million) to Rs 500 crore (Rs 5 billion). It includes manufacturing, trading and service companies in 30 industries across 20 states.
The Securities and Exchange Board of India (Sebi) on Wednesday overhauled the cost framework for the 80 trillion domestic mutual fund (MF) industry, introducing a simplified structure aimed at improving transparency for investors while balancing the impact on asset managers.
Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal on Thursday said he is not concerned about the rupee at all, arguing that even China and Japan witnessed exchange rate weaknesses during their high growth phases.
The Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat to growth due to the resurgence of coronavirus cases.
The interest rate on these schemes have remained unchanged for over a year now.
After effecting two back-to-back 25 basis points rate cuts, Reserve Bank Governor Sanjay Malhotra on Wednesday hinted at another reduction in key policy rate by changing the central bank's monetary stance to 'accomodative' from 'neutral', which may further lower EMIs for consumers.
Last month, the Employees' Provident Fund Organisation had brought down the rate of interest to 8.25 per cent for 2011-12 from 9.5 per cent provided in 2010-11, evoking sharp criticism within and outside Parliament.
RBI Governor Raghuram Rajan, who had predicted the 2008 financial meltdown, has said that abrupt reversal of low interest rates globally could create substantial amounts of damage and that it should be done in predictable and careful way.
The Reserve Bank of India (RBI) lowered its policy repo rate by 25 basis points to 7.5 percent on Wednesday.
The Indian financial system is driven more by the domestic factors and "Fed rate cut is one of the triggers to review rates ", said Union Bank Bank of India chairman M V Nair.
The central bank will have to draw a balance between the need to fuel economic growth and contain inflation.
As India approaches a new year of cricketing action, former Indian all-rounder Irfan Pathan questioned that with ODI-exclusive stalwarts in such impressive form, why there are no more five-match ODI series or any triangular/quadrangular series taking place.
What are FMPs and should you invest in them?
If Indian banks do not fix the right interest rates on deposits, they run the risk of dynamiting the social security of ordinary Indians.
Former Indian cricketer Ravichandran Ashwin praised Royal Challengers Bangalore (RCB) for their smart signings at the Indian Premier League (IPL) 2026 mini auction, highlighting the acquisitions of Vihaan Malhotra and Kanishk Chouhan at Rs 30 Lakhs each.
The Raja Saab is a poorly judged effort to appease to the lowest hanging fruit, and is not sincere in its ambition to entertain, notes Arjun Menon.
The Trump administration has expanded its travel ban and restrictions to 20 additional nations as well as the Palestinian Authority, citing national security concerns.
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