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CPI inflation in July likely to hit historical low, FY26 to be at 3% below
Updated : 8 months, 1 week ago IST
India's retail inflation is expected to reach a record low in July 2025, with the average inflation for the financial year 2025-26 projected to be significantly lower than the Reserve Bank of India's (RBI) estimate, according to a report by the State Bank of India (SBI).
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India can capture textile exports share of Bangladesh, Cambodia and Indone
Updated : 8 months, 1 week ago IST
India could see a significant boost in its apparel exports to the United States amid ongoing tariff tensions involving key Asian exporters, according to a recent report by the State Bank of India (SBI).
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Opening India's dairy sector to US could cause Rs 1.03 lakh crore loss to
Updated : 8 months, 1 week ago IST
Opening India's dairy sector to US imports could result in an annual loss of Rs 1.03 lakh crore to Indian dairy farmers, according to a recent report by the State Bank of India (SBI).
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Trade deficit likely narrowed further in June amid cooling oil prices, slu
Updated : 8 months, 1 week ago IST
India's merchandise trade deficit likely narrowed modestly to USD 20.7 billion in June, down from USD 21.9 billion in the previous month, driven by easing crude oil prices, muted gold imports, and a shift in sourcing strategy that helped offset global commodity volatility, said a report by U
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Union Bank of India cuts 2025-26 headline inflation forecast, largely in l
Updated : 8 months, 1 week ago IST
In a report, the bank said June 2025 retail inflation will be at 2.3 per cent, with the worst seems to be over for now. According to them, July figures would be the near-term bottom.
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India's forex reserves fall by $3.05 bn to $699.74 bn; Gold reserves rise
Updated : 8 months, 2 weeks ago IST
India's foreign exchange reserves (forex) witnessed a slip of USD 3.049 billion to USD 699.736 billion for the week ending July 4 amid the uncertain global trade environment, official data released by the Reserve Bank of India showed.
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Wholesale inflation likely rose to 0.8% in June on food, fuel price surge:
Updated : 8 months, 2 weeks ago IST
Wholesale inflation in India likely surged to 0.80 per cent year-on-year in June 2025 from 0.39 per cent in May, mainly due to a month-on-month rise in food, fuel and core inflation, according to a report by Union Bank of India.
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"Meaningful discussion": Parliamentary Standing Committee on Finance Chair
Updated : 8 months, 2 weeks ago IST
Stating that he had a very "meaningful" discussion with the RBI Governor, Mahtab informed that a wide range of information on the economic situation and the financial system of the country was discussed during the meeting.
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Loan recovery practices of NBFCs must be fair, respectful: FM Sitharaman
Updated : 8 months, 2 weeks ago IST
Union Finance Minister Nirmala Sitharaman emphasized that the loan recovery practices of Non-Banking Financial Companies (NBFCs) must be fair, respectful, and empathetic, and must strictly align with the Reserve Bank of India's (RBI) Fair Practices Code.
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Indian Banks see robust market cap growth in Q2 2025 amid rate cuts and li
Updated : 8 months, 2 weeks ago IST
Indian banks witnessed significant gains in market capitalization during the April-June quarter of 2025, driven by falling interest rates and increased liquidity, which collectively attracted investor confidence.
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Seven states raised a total of Rs 13,300 crore via auction of government s
Updated : 8 months, 2 weeks ago IST
Seven major Indian states raised a total of Rs 13,300 crore in the latest round of auction of State Government Securities (SGS), according to the data released by the Reserve Bank of India (RBI).
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SBI Ventures NEEV II Fund invests in RETAS, advancing resilient water infr
Updated : 8 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], July 9: Neev II Fund (managed by SBI Ventures Limited - a State Bank of India group company), a leading climate and sustainability focused SME fund, announced its investment into RETAS Enviro Solutions Private Limited ("Retas"). RETAS, is a climate-tech company,
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