The RBI is expected to keep the repo rate at 5.25% during its August MPC meeting as inflation risks, liquidity management and global uncertainties remain in focus.
India’s gold loan market could exceed ₹30 lakh crore by FY28, driven by rising demand, NBFC expansion, wider branch networks and growing retail lending, says ICRA.
August brings several important financial deadlines and policy events, including the August 31 ITR filing deadline for certain taxpayers, the RBI’s MPC meeting and changes to banking and railway services.
The CBI has registered an FIR against Reliance Capital, former Chairman Anil Ambani and others over an alleged ₹1,816.22 crore EPFO investment fraud. Ambani has denied any wrongdoing, saying he served only as a Non-Executive Chairman.
Vodafone Idea has received a ₹26.83 crore demand notice from the Department of Telecommunications over alleged non-compliance with minimum rollout obligations linked to the 2022 spectrum auction. The company is reviewing the notice and says it expects no immediate financial or operational impact.
New Delhi: Prime Minister Narendra Modi on Friday welcomed a series of major Cabinet decisions covering agriculture, sports, energy and
Mumbai: The Securities and Exchange Board of India (SEBI) has closed proceedings against Religare Enterprises Ltd. (REL), its former Executive
The RBI has directed banks in border districts to install note authentication and sorting machines, strengthen counterfeit currency checks and train all cash-handling staff by October 31, 2026.
Indian stock markets posted strong weekly gains, with the Sensex rising 2.68% and the Nifty advancing 2.59%, as easing crude oil prices, a stronger rupee, healthy IIP data and encouraging corporate earnings boosted investor confidence.