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.
Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. The events cumulatively slowed growth rate to single digits from the high teens seen earlier.
Bank lending to companies is expected to go up in the coming quarters because the difference in interest rates between corporate bonds and bank loans has narrowed. In addition, recent policy reforms by the Reserve Bank of India (RBI), including allowing domestic banks to do acquisition financing, are expected to give further support to corporate lending, analysts said.
The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
X has accepted its mistake, and said it will comply with Indian laws, sources said, adding that in future, the platform will not allow obscene imagery.
Reserve Bank of India (RBI) Governor Sanjay Malhotra, and Deputy Governors Poonam Gupta, T Rabi Sankar, Swaminathan J, and S C Murmu on Friday addressed issues during the post-policy media interaction.
United States President Donald Trump on Tuesday boasted about India-US defence cooperation, claiming that India's order for 68 Apache attack helicopters was delayed by five years and that Prime Minister Narendra Modi personally raised concerns over the long delivery period during a meeting with him.
Capital investment by the private sector is likely to rise 21.5 per cent to Rs 2.67 lakh crore in 2025-26 aided by robust macroeconomic fundamentals, and a 100-bps policy rate cut, according to an RBI article. Despite global uncertainties, Indian firms entered the 2025-26 fiscal year with healthier balance sheets, higher cash buffer, improved profitability, and greater access to diversified funding sources, said the article 'Private Corporate Investment: Growth in 2024-25 and Outlook for 2025-26' published in the Reserve Bank of India's (RBI's) August bulletin.
The unique investors' base on the National Stock Exchange of India (NSE) crossed the 12-crore mark on September 23, with the latest 1 crore addition taking place in just eight months, the bourse said on Thursday.
The Bharatiya Janata Party on Tuesday said it held a formal meeting with a Chinese delegation openly, given the "improved" relations between New Delhi and Beijing, unlike the Congress which, it alleged, "secretly" signed a memorandum of understanding with the neighbouring country's ruling party.
'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'
Pakistan has banned Indian-flagged ships from entering its ports with immediate effect after India imposed fresh punitive measures, including a ban on the import of goods and entry of Pakistani vessels into its ports, against Islamabad amid heightened tensions following the Pahalgam terror attack. The move comes after India announced a raft of punitive measures against Pakistan, including the suspension of the Indus Waters Treaty, shutting down of the only operational land border crossing at Attari, and downgrading of diplomatic ties following the terror attack. The Pakistan Army has also conducted a successful training launch of the Abdali Weapon System, a surface-to-surface missile with a range of 450 km, saying it was aimed at ensuring the operational readiness of troops and validating key technical parameters. India considers the test launch of the ballistic missile a "blatant" act of "provocation."
Prime Minister Narendra Modi and Chinese President Xi Jinping held talks focusing on rebuilding bilateral relations, emphasizing border peace and addressing cross-border terrorism.
'Large firms and their interests can dominate the narrative, even as smaller stakeholders and retail investors struggle to be heard.' 'Regulators therefore require deep subject-matter expertise to assess representations, recognise underlying incentives, incorporate the perspectives of less-visible stakeholders, and guard against bias or capture,' notes Ananth Narayan.
The Supreme Court has stayed a recent University Grants Commission (UGC) regulation following petitions arguing that the Commission's definition of caste-based discrimination was too narrow, excluding certain categories from institutional protection.
After the last Budget's announcement of a major tax relief for those earning an annual salary of less than Rs 12 lakh, there is not much that individuals can look forward to in the forthcoming Budget, points out A K Bhattacharya.
Moody's Ratings on Tuesday said tax cuts in the current fiscal has dented India's revenue growth, leaving less scope for fiscal policy support for the economy.
The Supreme Court's stay on the UGC equity regulations aimed at preventing caste-based discrimination on campuses has been met with mixed reactions. Opposition parties welcomed the decision, while some expressed concern over the implications for marginalized communities.
India is aiming to win multiple medals in disciplines like aquatics and cycling at the 2036 Olympic Games as both these events offer over a 100 medals.
United States representative Sydney Kamlager-Dove while talking about the famous car selfie of Prime Minister Narendra Modi with Russian President Vladimir Putin said that it spoke a thousand words.
A special NIA court in Jammu and Kashmir has ordered the immediate attachment of land belonging to Ghulam Nabi Fai, a US-based Kashmiri lobbyist and convicted agent of Pakistan's Inter-Services Intelligence (ISI).
Electric vehicle (EV) manufacturers breathed a sigh of relief after the GST Council on Wednesday night retained the concessional 5 per cent rate on EVs, though they now face competition from small petrol and diesel cars, which will attract a lower 18 per cent levy.
With inflation comfortably below the Reserve Bank of India's (RBI's) 4 per cent median target and likely to undershoot its 3.7 per cent projection for 2025-26 (FY26), there is room for the monetary policy easing cycle to be sustained, the Finance Ministry said on Monday. The comments, featured in the ministry's Monthly Economic Review for June 2025, assume significance ahead of the Monetary Policy Committee (MPC) meeting of the Reserve Bank of India (RBI) scheduled to begin from August 5.
Activity in the corporate bond market is set to gain momentum following a 25-bp policy repo rate cut by the rate-setting panel of the Reserve Bank of India (RBI). State-owned public cebPower Finance Corporation (PFC) and Small Industries Development Bank of India (Sidbi) are planning to raise up to Rs 11,500 crore through bonds on Tuesday as issuers expect borrowing costs to ease.
'Critics say the political leadership abandoned the army chief or did not back him. I disagree. 'Military leaders are trained to take decisions when given a free hand.' 'This was a clear go-ahead from the prime minister to the army chief.'
The US Representative criticised the administration's new USD 100,000 fee on H-1B visas, observing that Indians hold 70 per cent of these visas and saying the change directly harms workers who have long supported US innovation across technology, science and medicine.
Canadian Prime Minister Mark Carney on Tuesday warned that the world is witnessing a fundamental 'rupture' in the global order rather than a gradual transition, cautioning against weaponising trade, finance, and supply chains.
Investing in gold trumped most other asset classes in terms of compounded annualised returns over the long term, suggests a report by FundsIndia.
FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.
India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.
The government has circulated among members ofParliament a new draft of the Amendment of Insurance laws Bill, 2025, proposing stricter safeguards on the utilisation of life insurance funds and other specified insurance business funds, particularly for dividend payouts, bonuses, and servicing of debentures.
'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'
India has raised concerns with the United States regarding the cancellation of scheduled H1B visa interviews for Indian applicants due to enhanced vetting measures. Both countries are engaged in discussions to address the disruptions caused by the delays.
Civil Aviation Minister Ram Mohan Naidu addressed the Lok Sabha regarding the recent IndiGo flight disruptions, assuring that the airline will be held accountable and strict action will be taken for non-compliance and passenger hardship.
'This area is gripped by superstition. Rumours about witchcraft lead to unfounded accusations and atrocities like this.'
'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'
The government informed Lok Sabha that security forces have neutralised 29 top Naxal leaders since 2019, with a significant reduction in affected districts.
India told the UN Security Council that it calls for a pragmatic engagement with the Taliban, underlining that a focus on only punitive measures will ensure a 'business as usual' approach.
'The Maoist leadership spread fear that surrender meant torture or death. Once that false narrative collapsed and our operations proved transparent and credible, the surrender momentum became irreversible.' 'From 42,000 square kilometres, Maoist activity is now confined to barely 500-600 square kilometres -- less than two per cent of Bastar. This is their last remaining base area.'
Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.
