Rupee slips 10 paise to 86.66 against US dollar
Mumbai: The rupee declined 10 paise to 86.66 against the US dollar in early trade on Wednesday amid a firm American currency index ahead of the Federa...
Banks to Remain Open on 31st March for Taxpayer Convenience: RBI
All banks will remain open for transactions on 31st March 2025 despite it being a public holiday, to provide convenience to taxpayers. In a notificati...
GeM Surpasses ₹5 Lakh Crore GMV, Achieves Milestone in Public Procurement
The Government e-Marketplace (GeM) has achieved a significant milestone by surpassing Rs 5 lakh crore in Gross Merchandise Value (GMV) on its portal b...
Wholesale price inflation rises to 2.38% in February
The Wholesale Price Index (WPI) inflation slightly increased to 2.38 per cent last month. The data released by the Ministry of Commerce and...
Union Minister Jitin Prasada addresses India-Europe Business Exchange Programme
Minister of State for Commerce and Industry, Jitin Prasada, has stated that India is a trusted partner for most European Union countries, citing its t...
India, New Zealand Begin Talks for Comprehensive Free Trade Agreement
India and New Zealand have announced the launch of negotiations for a comprehensive and mutually beneficial Free Trade Agreement (FTA) negotiations. T...
PM Modi commends RBI for being selected for Digital Transformation Award 2025
Prime Minister Narendra Modi today commended the Reserve Bank of India for being selected for the Digital Transformation Award 2025 by Central Banking...
India has taken the lead in providing finance to renewable energy projects: RBI Governor
RBI Governor Sanjay Malhotra said that India has taken the lead in providing finance to renewable energy projects by including them in ‘priority secto...
Govt launches first exploration licence auction for critical minerals
In a move to boost India’s mining sector, the Ministry of Mines, in collaboration with the Government of Goa, has launched India’s first-ever auction ...
India’s foreign exchange reserves surge by over 15 billion dollars
India’s foreign exchange reserves surged by 15.26 billion dollars, reaching over 653.96 billion dollars in the week ending March 7, bolstered by the R...
RBI invites applications for self-regulatory organisation to oversee Account Aggregator Ecosystem
The Reserve Bank of India (RBI) has invited applications for a self-regulatory organisation (SRO) to oversee the Account Aggregator (AA) ecosystem. Ac...
1.31 lakh metric tonnes of Tur procured
Tur procurement has picked up in major Tur-producing states of Andhra Pradesh, Gujarat, Karnataka, Maharashtra, and Telangana. According to the Minist...
BSE, NSE to remain closed today
The Bombay Stock Exchange and the National Stock Exchange will be closed for trading today in observance of the Holi festival. Trading in the equity, ...
Country’s milk production witnesses growth of 63.5% in last 10 years
The country’s milk production has witnessed tremendous growth of 63.5 percent in the last 10 years, reaching over 239 million tonnes. This was stated ...
India’s retail inflation drops to 7 month low in Feb 2025
India’s retail inflation eased to a seven-month low of 3.61 percent in February from 4.31 percent in January, as the rate of increase in food prices s...
Industrial Production rises by 5 % in January 2025
India’s industrial production growth, measured by the Index of Industrial Production (IIP) rose to 5 percent in January as compared to 3.2 perce...
Oil prices show upward trend despite fear of recession
Despite recession fears and tariff concerns, oil prices continued to show an upward trend, in International markets. Brent Crude was trading over one ...
Jio collaborates with Elon Musk’s SpaceX to offer Starlink services in India
New Delhi: The Reliance Group’s digital services company Jio Platforms Limited has signed an agreement with SpaceX to offer Starlink’s broadband inter...
Rupee trades flat at 87.22 against dollar
Mumbai: The rupee turned almost flat and traded with a marginal loss of 1 paisa at 87.22 against the US dollar in early trade on Wednesday amid volati...
SEBI reduces timeline to complete rights issues to 23 days, effective from April 7
Mumbai: In a bid to help companies raise capital faster, the Securities and Exchange Board of India (SEBI) has reduced the timeline for completing rig...
Reduction in Coal imports led to savings of apprx 42,300 cr rupees
The government today said that coal imports to the country decreased by 8.4 percent during April to December 2024. The Ministry of Coal, in a statemen...
India best-positioned in Asia for economic growth amid trade tensions says Morgan Stanley
India is the best-positioned country in Asia for economic growth, despite ongoing global trade tensions. According to a report by Morgan Stanley, Indi...
Oil prices rise amid US sanction on Iranian export
Oil prices on Monday rose supported by potential sanctions on Iranian oil exports by the US. Meanwhile concerns over the impact of US import tariffs o...
Rupee slips 30 paise to 87.25 against US Dollar
Mumbai: The rupee saw a steep plunge of 30 paise to 87.25 against the US dollar in early trade on Monday as the American currency started recovering f...
Trump signs executive order establishing US strategic bitcoin reserve
US President Donald Trump signed an executive order establishing the country’s strategic bitcoin reserve yesterday. President Trump’s order came a day...
Oil prices up by 1.5%
Oil prices edged up on Friday. Brent Crude was trading over one and a half percent up at around 70 dollars and 54 cents per barrel. WTI Crude was also...
Penalties on 4 Non-Banking Fin Companies for non-compliance with regulatory guidelines
The Reserve Bank of India (RBI) has imposed monetary penalties on four Non-Banking Financial Companies – Peer to Peer (NBFC-P2P) lending platforms for...
RBI likely to cut rates by 50-75 bps in 2025-26 to support consumption: CRISIL Report
The Reserve Bank of India (RBI) is expected to cut benchmark rates by 50-75 basis points during 2025-26 to support consumption and lower borrowing cos...
RBI Governor engages with Fin-Techs, Payment System Operators
Reserve Bank of India’s Governor Sanjay Malhotra held an interaction with non-bank Payment System Operators and FinTechs along with their associations...
New Credit Assessment Model based on digital footprints of MSMEs launched
Union Finance Minister, Nirmala Sitharaman and Minister of State, Finance Shri Pankaj Chaudhary launched the New Credit Assessment Model based on the ...
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