Latest money news from India including markets, economy, business, banking, taxes, personal finance and consumer updates.
India’s banking system is flooded with surplus liquidity, and the Reserve Bank of India is signalling that it is ready to pull more of that cash back out.
India wants BRICS members to connect official digital currencies for cross-border trade. Could this reduce dollar dependence, or are the hurdles still too big?
US CPI rose 0.4% in August and 3.4% from a year earlier, strengthening market expectations that the Federal Reserve may raise rates.
Sensex and Nifty ended a fifth consecutive week lower as crude above $100, a weaker rupee and rate-hike fears hit risk appetite.
India’s foreign-exchange reserves reached a record $785.7 billion after a huge weekly rise driven by capital inflows and foreign-currency assets.
SEBI has launched a Demat 2.0 pilot for tokenised corporate bonds, testing how regulated securities infrastructure can work with tokenisation.
Reliance Industries plans to raise ₹12,500 crore through five-year rupee bonds, marking its first domestic bond-market return since November 2023.
RBI Deputy Governor Rohit Jain has warned that dependence on a small number of cloud, technology and model providers could spread disruptions across several financial institutions at once.
Indian shares ended slightly higher after an unusually volatile closing auction, with Brent crude above $102 and thin late-session liquidity amplifying index moves.
The Reserve Bank of India used dollar-rupee sell-buy swaps for a second straight day, lifting forward premiums and indirectly supporting the rupee.
A Jaipur trade body representing around 60 prominent sweet shops and restaurants has announced an indefinite Zomato boycott, alleging high commissions, discount pressure and a lack of transparency.
Indian shares opened lower as crude oil moved close to $100 a barrel and global tensions weighed on risk appetite, with IT among the hardest-hit sectors.
September’s bank closures are not the same in every city. Here are the major dates still ahead, plus the second and fourth Saturday closures.