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India’s forex reserves jump by a record $44.903 billion
In the previous reporting week, the overall reserves increased $11.475 billion to a new all-time high of $740.803 billion
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MPC will reassess growth-inflation dynamics at next meeting: RBI Governor
On inflation, RBI Governor Sanjay Malhotra said the rising crude oil prices will have an impact but it will depend on how much is passed through
India partially cancels debt sale for first time in a year
The RBI accepted bids worth only ₹45.06 billion ($471.12 million) for the 6.20% 2029 bond, just over 40% of the planned borrowing in the paper of ₹110…
SEBI proposes extending IT, cyber security framework of MIIs to their arms
The move comes even as SEBI highlighted that there could be a case for MIIs to take services of their subsidiaries to carry out certain activities
2 homebuyers paid Rs 1.16 crore, got no flats; RERA orders builder to refund with interest
The Maharashtra Real Estate Regulatory Authority has directed the developer to refund the amounts paid, along with applicable interest, after noting t…
FM flags AI risks, calls for responsible adoption
AI systems involving higher-risk use cases should undergo greater scrutiny before deployment and throughout their operational lifecycle.
US stocks today: Wall Street inches higher as oil prices ease, inflation data calms markets
On Friday, US stocks saw a rise, buoyed by a decline in oil prices and inflation data that matched analysts' projections. The S&P 500 and Nasdaq compo…
India in talks to acquire lithium blocks in Australia, Chile; eyes five more in Argentina
The Union Mines Minister also sought greater private sector participation in exploration outside the country
IndusInd Bank slapped with ₹1 cr penalty by IRDAI for corporate agent norms violation
The action follows an onsite inspection conducted during June 2023 and subsequent enforcement proceedings.
India's forex reserves surge record $44.9 billion to all-time high of $785.7 billion
India has achieved a remarkable milestone with its foreign exchange reserves soaring to an impressive $785.706 billion. This upswing comes on the heel…
IRDAI imposes ₹1 cr penalty on Canara HSBC Life for mis-selling policy to 88-year-old
Initiating proceedings, suo motu, on a social media post, IRDAI observed that the product specified an entry age of 30 to 80 years.
PM Modi highlights trade barriers, sea route disruptions at BRICS Business Forum
Also speaking at the forum, Russian President Vladimir Putin talked about the ongoing shift in global economic power, while Iranian President Masoud P…
JPC on FCRA Amendment Bill to hold first meeting on September 18
In first meeting, Home Ministry officials to brief 31-member panel about provisions of the proposed legislation
FM urges RBI to advance CBDC, sharpen digital Rupee capabilities amid tokenisation push
"Every tokenization architecture being tested across the world eventually returns to the foundational question: What is the money leg made of?" the Fi…
In 2010, India launched Aadhaar Card; 16 years later UIDAI says work underway to take Aadhaar global
Speaking during a fireside chat at Global Fintech Fest 2026, UIDAI CEO Saurabh Vijay said his objective is to build Aadhaar into a best-in-class digit…
Banking services impacted as unions go on nationwide strike to press for 5-day workweek
Most branches of public sector banks across the country were either completely or partially closed as both employees and officers observed the strike
India-EU FTA moves one step closer to reality as European Commission moves to get it signed
The European Commission has proposed that the European Council, the top political body of the European Union, sign the FTA so that it can then be vote…
NSE set to raise ₹22,569 crore IPO from capital market
The IPO consists of only offer for sale, where existing shareholders will sell their shares, and no fresh capital to be raised
Uber exits Nigeria, Uganda: Why Africa's ride-hailing market is getting tougher
Uber has officially ended its operations in Nigeria and Uganda, marking a significant retreat from these markets. This decision comes as a result of e…
‘AI a double-edged sword’: FM Sitharaman flags innovation risks, urges efficiency without fragility
Finance Minister Nirmala Sitharaman addressed artificial intelligence risks at the Global Fintech Fest 2026. She highlighted technology's potential to…
Mule accounts: the money trail of cyber fraudsters
When a victim transfers money, it doesn’t reach the fraudster immediately. It goes through a chain of accounts in various States, thus complicating in…
EPFO delayed retiree’s Rs 14.06 lakh PF claim by 35 days; court orders 6% interest
A consumer court has ordered the Employees' Provident Fund Organisation (EPFO) to pay 6 per cent annual interest to a retired employee after finding a…
UPI now dominates merchant payments: Are cards becoming less useful?
UPI now dominates Indian merchant payments, significantly reducing card usage. Debit cards are primarily used for cash withdrawals, not shopping. Cred…
No-stop toll plazas by March 2027? Nitin Gadkari sets deadline for barrier-free system
India is set to roll out a barrier-free digital tolling system by early 2027, allowing vehicles to glide past toll booths without stopping. The integr…
IRCTC books record 20.06 lakh train tickets in a day amid festive rush
According to IRCTC, its website handled a huge rush on September 7, 2026. The ticket booking website registered its highest-ever single-day booking, w…
BRICS nations should link payment systems, trade in local currencies: Piyush Goyal at BRICS Business Forum
Speaking at the inaugural session of the BRICS Business Forum 2026, the Union Commerce Minister highlighted that BRICS cooperation would create jobs, …
With new Assam unit, PepsiCo eyes India as one of its top 10 global anchor markets
The multinational company’s foods manufacturing plant in Nalbari district, spread across 44.2 acres, will cover 80,000 smallholder farmers through agr…
DFCs: The backbone of India’s logistics push
The Western Dedicated Freight Corridor (DFC) is now fully operational, giving India a 2,843-km freight backbone and a template for the next phase of i…
Gold price prediction: Is it time to buy gold on dips? Check September 11, 2026 outlook
Gold has recovered sharply from the lower portion of its recent trading range and is now moving towards the upper side of the short-term structure.
Indian in Kuwait sent Rs 1.09 crore, no ITR; ITAT deletes Rs 5.52 lakh, checks Rs 2.5 crore
The absence of an original ITR became a key issue. Although the department had information about the substantial sums held in his Indian accounts, the…
Xi's India visit to help diplomatic thaw, but business ties bound by suspicion | Analysis
Businesses in both countries continue to face hurdles, including investments stalled by regulations, visa delays and restrictions on industrial equipm…
Bank employees’ strike on September 11: Services likely to be hit as unions press for 5-day week, PLI scheme review
The bank unions’ demands include a five-day banking week, differences over performance-linked incentive (PLI) schemes, and several other pending deman…
Shipping and Shipbuilding: The Engines of India’s Economy
This e-book delves into the ambition, strategy, and intricate challenges behind India’s mission to transform its shipyards into engines of economic gr…
Top stocks to buy today: Stock market recommendations for September 11, 2026 - check list
Stock market recommendations: Finolex Cables, Adani Ports, and Emmvee Photovoltaic Power are the top stocks to buy today on September 11, 2026, identi…
Stock markets fall in early trade amid soaring crude oil prices, West Asia conflict
The 30-share BSE Sensex fell 628.24 points to 74,257.69 in early trade. The 50-share NSE Nifty dropped 221.20 points to 23,255.10
Rupee falls 27 paise to 95.79 against U.S. dollar in early trade
Forex traders noted that while record foreign exchange reserves, active RBI intervention, and strong domestic growth offer support, rising global yiel…
Rupee tumbles 27 paise against US dollar as crude prices hold firm above $108 per barrel
The Indian Rupee weakened against the US dollar on Friday, extending its previous day's losses. High crude oil prices and foreign portfolio outflows c…
Why do GDP figures face a controversy in India?
Frequent revisions and claims and counter-claims by the government and the Opposition lead to disputes
‘Key growth engine’: IMF hails India’s 7.8% growth, backs GDP estimate changes
India's economy showcased remarkable resilience by achieving a robust 7.8 percent GDP growth for the April-June quarter, surpassing forecasts. The str…
Oil touches $107 per barrel as Hormuz remains choked for over six months
This week, oil prices surged past a hundred dollars per barrel amidst growing worries over supply disruptions caused by attacks on shipping routes in …
Opportunities high for Indian foundries to supply global players, say experts
Indian foundry sector has grown multi-fold over the past two decades and many multinational companies are looking for suppliers in India, which has th…
Ultraviolette to establish BIGGA factory in Hosur
The project is expected to create approximately 2,000 job opportunities in its initial phase, scaling further over the next five years, as the facilit…
Canara Bank to raise ₹4,500 cr through additional bonds
The proposed raise is expected to further strengthen the Bank’s capital position and provide additional headroom to support its business growth while …
The way out of the dangerous trap
India risks a middle-income, low-productivity trap as weak job creation, stagnant wages and sluggish investment reinforce one another; escaping it req…
India’s oil demand to accelerate by 0.06 mb/d in 2026: OPEC
OPEC trimmed their forecast for global oil demand growth for 2026 and expects it to be rebound in 2027.