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Reserve Bank of India (RBI) Governor Sanjay Malhotra addresses a press conference on its Monetary Policy announcement and repo rate hike from 5.25% to 5.50%. (RBI)
Posted in Business

What is repo rate? Key things to know after RBI’s first hike in four years

The Reserve Bank of India (RBI) on Wednesday announced its latest monetary policy decision, raising the repo rate by 25 basis points to 5.5% from…

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Posted in Economy

MDR a small fee, will not have major impact on UPI volumes: RBI Guv Malhotra

Mumbai: Reserve Bank of India Governor Sanjay Malhotra on Wednesday said levying a “small fee” in the form of merchant discount rate (MDR) will not…

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India's FX reserves fall for fourth week, down $50 billion from September peak
Posted in Economy

India’s FX reserves fall for fourth week, down $50 billion from September peak

Mumbai: India’s foreign exchange reserves fell for a fourth consecutive week to $734.6 billion, according to a footnote to Reserve Bank of India Governor Sanjay…

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Posted in Economy

GST Council to consider 17-day refund timeline, faster registrations

The GST Council, meeting Thursday, will seek to slash the refund period to around 17 days, which will include a maximum 10 days for acknowledgement,…

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The BeeStation collates local files, photos on your phone, manages cloud storage, and external drives into an intuitive symmetry. (HT Photo)
Posted in Business

Escape cloud bills? Synology BeeStation keeps your local files always accessible

Par for the course (at least for consumers) with network-attached storage, or NAS, is a sense of trepidation. This usually revolves around the complexity of…

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Zomint: Wealthtech startup Zomint raises Rs 36 crore from Lightspeed, Prime Venture Partners
Posted in Startups

Zomint: Wealthtech startup Zomint raises Rs 36 crore from Lightspeed, Prime Venture Partners

Wealth management platform Zomint has raised Rs 36 crore ($3.75 million) from Lightspeed Venture Partners and Prime Venture Partners in its maiden funding round, as…

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Posted in Economy

More RBI rate hikes loading? Decoding what Malhotra’s ‘caliberated tightening’ stance means

After cutting rates by 125 basis points in 2025 and then keeping the repo rate unchanged at 5.25% for four straight policy reviews, the Reserve…

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Posted in GST

Next-gen GST reforms: Single registration, easier input tax credit among key MSME demands

The 57th GST Council meeting, now slated for October 8, 2026 (Thursday), is likely to consider several proposals aimed at easing compliance burden for small…

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Posted in Economy

RBI MPC Key Takeaways 2026: Repo rate hiked to 5.50%, FY27 GDP growth forecast raised to 7.1%

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), headed by Governor Sanjay Malhotra, raised the policy repo rate by 25 basis points to…

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RBI Governor Sanjay Malhotra will announce the policy decision at 10 am after the conclusion of the three-day meeting of the Monetary Policy Committee (MPC).
Posted in Business

RBI raises repo rate by 25 points in first hike in four years, loan EMIs may rise

The Reserve Bank of India (RBI) raised its benchmark repo rate by 25 basis points to 5.5% on Wednesday, marking its first rate hike in…

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