Banks have been borrowing heavily from the Tri-Party Repo (TREPS) market and deploying those funds into the Standing Deposit Facility (SDF) of the Reserve Bank of India (RBI), which is offering higher interest rate than the former, leading to increased volumes in the SDF window. The weighted average TREPS rate was trading at 5.66 per cent on Monday, 9 basis points lower than the SDF rate which currently stands at 5.75 per cent.
Uttam Ghosh is puzzled by the anger generated over Vir Das's observations -- at a time when so many serious issues confront this great nation -- and offers his take on 'Two Indias'.
Uttam Ghosh offers his take on the Lakhimpur Kheri tragedy.
Uttam Ghosh offers his take on the brouhaha after the prime minister could not attend what critics describe as a sparsely attended BJP rally in Ferozepur, Punjab, because protesters blocked part of the route.
India continues to remain an attractive investment destination and rise in repatriation of funds is a sign of a mature market where foreign investors can enter and exit smoothly, Reserve Bank Governor Sanjay Malhotra said on Friday. Gross foreign direct investment (FDI) inflows remained strong, rising by around 14 per cent to $81 billion in 2024-25, from $71.3 billion a year ago.
'Given the proportion of the global leak, it is very likely that the data of Indian citizens might be on the dataset.'
Indian information technology (IT) service providers are expected to deliver low single-digit sequential growth in the first quarter (April-June) of 2025-26 (FY26), even as macroeconomic uncertainties continue to persist due to the volatile geopolitical environment.
State-owned Bank of Baroda (BoB) on Sunday said it has cut its benchmark lending rate linked to repo rate by 50 basis points in line with the RBI's rate reduction. Meanwhile, private sector HDFC Bank reduced its Marginal Cost of Funds-based Lending Rates (MCLR) by 10 basis points across tenure, which will benefit borrowers whose loans are linked to this benchmark.
'Investors who remain calm, consistent, and disciplined through short-term volatility are usually the ones who benefit most in the long run.'
Uttam Ghosh salutes Danish Siddiqui, the incomparable photojournalist who was murdered by the Taliban and whose images of our times will live on for eternity.
The Reserve Bank on Friday announced a record Rs 2.69 lakh crore dividend to be paid to the government for the fiscal ended March this year, 27.4 per cent more than the payout in 2023-24. The Reserve Bank had transferred Rs 2.1 lakh crore dividend to the government for the fiscal 2023-24.
Uttam Ghosh wonders how Joe Biden -- who was known to have a sure pair of hands when it came to foreign policy -- could have made such a tragic error of judgement.
In response to the recent incident in Etawah where a non-Brahmin kathavachak (religious storyteller) was allegedly assaulted and tonsured, the Kashi Vidvat Parishad, a prestigious council of Sanskrit scholars and experts on Hindu scriptures, has issued a strong statement defending the rights of all Hindus to recite and narrate the Bhagavad Katha.
There is need for buyers to understand cancellation rules before entering into a purchase agreement with a developer.
Uttam Ghosh offers his take on the rise in the price of fuel and cooking gas
Uttam Ghosh offers yet another take on the Budget.
Uttam Ghosh is appalled by Bollywood performer Kangana Ranaut's inane remarks on India's struggle for freedom from British rule during which scores of Indians went to the gallow and millions went to prison.
The Indian pharmaceutical industry is likely to benefit from a major wave of patent expiries in the US, as small-molecule drugs worth $63.7 billion are expected to go off-patent between 2025-29, a 65 per cent rise over the previous five years, according to a report by Antique stock broking limited.
It is considered one of the most crucial appointments within the Indian Army, according to an official statement from the Ministry of Defence.
It remains a mystery that when its scientists were accused of selling technologies which did not exist in ISRO, ISRO's leadership did not say to the public that they were searching in a dark room for a black cat which was not there, points out Ambassador T P Sreenivasan.
Uttam Ghosh pays tribute to the Incomparable Legend, Lataji Mangeshkar, Bharat Ratna.
'All governments are scared of a negative image.' 'Somehow, this government has a tendency to create a narrative that things are improving.' 'When the real data gives a different picture, they are upset.'
Education loan growth is set to halve this fiscal (FY26) because disbursements for the US decelerate following a raft of policy changes there.
Corporate India is embarking on an ambitious investment drive, with capital expenditure (capex) expected to double to $850 billion over the next five years, according to a report by S&P Global Ratings. Indian power & transmission, airlines, and green hydrogen sectors would spearhead the spending, the report said.
Uttam Ghosh offers his take on the current state of Indian democracy.
With the interest rate cut cycle nearing its end, several debt fund managers are shifting their focus towards interest income rather than betting on duration in anticipation of capital gains.
Private equity and venture capital investments dropped to $4.7 billion in April this year on heightened uncertainty and high valuation expectations of sellers, a report said on Monday. The overall amount invested is 6 per cent lower than the $4.9 billion recorded in April 2024, and 20 per cent lower than the $5.9 billion in March 2025, the report by industry body IVCA and consultancy firm EY, said.
Days after the alleged caste-based tonsuring of a Bhagwat Katha preacher and his aide in Etawah's Dandarpur village, tensions escalated on Thursday as members of Yadav groups staged protests demanding the arrest of all accused and withdrawal of the case registered against the victims.
Uttam Ghosh offers his take on a strange regurgitation of history.
Eight persons were trapped inside after a section of roof collapsed in the under construction stretch in the tunnel of Srisailam Left Bank Canal (SLBC) project, Telangana Irrigation Minister N Uttam Kumar Reddy said on Saturday.
Congress leader Uttam Kumar Reddy said the country wanted to know whether any aircraft were downed during the conflict, especially in the wake of the CDS' "admission".
With more than 1.2 million Indians stuck in green card backlogs, investor-driven EB-5 programme sees rising interest as a secure route for migration to the US.
Uttam Ghosh offers his take on why writer Aakar Patel -- who is also chairman of the Amnesty International India board -- is being prevented from traveling abroad.
The top 20 fund houses held 6.8 per cent of their portfolios in cash as of May 31, down from a record high of 7.2 per cent in April 2025.
US accounts for a large part of revenue for top Indian pharma companies like Gland Pharma (54 percent), Dr Reddy's (53 per cent), and Aurobindo Pharma (48 per cent).
offers his take on the constantly zooming fuel prices in the country.
A team of US officials is expected to visit India in the coming weeks for the next round of discussions on the proposed interim trade agreement between the two countries, sources said. The visit gains importance as India and the US are likely to agree on an interim trade agreement before July 9, with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods.
'Deposit and lending rates have started to fall considerably. It is likely to spur investment and consumption of durables.'
Uttam Ghosh wonders if the farmers's concerns will be addressed now that the BJP has embarked on Mission Bengal.
