Will FCNR (B) deposit scheme that’s bringing billions of dollars to India end? RBI Governor says this
The Reserve Bank of India (RBI) has no plans to prematurely wind up its special Foreign Currency Non-Resident (Bank), or FCNR(B), deposit scheme that has…
IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial services
New Delhi: The International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks to financial…
RBI holds policy rates while raising growth forecast; cuts inflation projections
The central bank Wednesday unanimously decided to keep the benchmark repo rate unchanged at 5.25% for the fourth consecutive review and retained a neutral stance,…
OfBusiness IPO plans: SoftBank-backed OfBusiness is said to explore reviving IPO
OFB Tech Pvt, the operator of technology supply chain and financing platform OfBusiness, is considering reviving plans for an initial public offering that could raise…
RBI MPC Meeting 2026: Central bank flags a threat for Indian agriculture warming up in the Pacific
Even as the Reserve Bank of India’s Monetary Policy Committee (MPC) on Wednesday trimmed its inflation forecast, it flagged El Niño-driven risks to agriculture and…
RBI MPC Meeting 2026: Crude oil volatility remains key inflation risk
The Reserve Bank of India (RBI) on Wednesday warned that volatile global crude oil prices remain a key risk to inflation, saying geopolitical tensions have…
Why RBI MPC left repo rates unchanged for fourth consecutive time in August policy
The Reserve Bank of India (RBI) on Wednesday chose caution over action, extending its pause on interest rates for a fourth consecutive policy meeting as…
India’s July services sector growth slides to over four-year low as demand wilts: PMI
Bengaluru: Growth in India’s dominant services sector slumped to its weakest pace in over four years in July as demand was weighed down by fierce…
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Emcure Pharma Q1 profit jumps 36%, revenue rises 23%; appoints Samit Mehta as COO “We have begun FY27, the second year of our five-year plan—on…
RBI MPC meeting August 2026 highlights: Repo rate decision, inflation outlook & GDP forecast; key takeaways from Governor Sanjay Malhotra’s speech
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday unanimously decided to keep the policy repo rate unchanged at 5.25 per cent…