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India's forex reserves currently at $693.6 billion, inching towards fresh
Updated : 7 months ago IST
India's foreign exchange reserves rose by USD 4.747 billion in the week that ended August 8 to USD 693.618 billion, driven by gains in both foreign currency assets and gold holdings, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'.
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India's current account deficit likely to widen to 1.2% of GDP in FY26: Re
Updated : 7 months ago IST
India's current account deficit is expected to nearly double in the Financial Year 2026, rising to 1.2 per cent of GDP from 0.6 per cent in FY25, Union Bank of India said in a report.
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Laxmi India Finance Limited Reports Strong Q1 FY26 Performance with 45.77
Updated : 7 months ago IST
New Delhi [India], August 16: Laxmi India Finance Limited (formerly known as Laxmi India Finance Private Limited), a leading Non-Banking Financial Company (NBFC), has announced its financial results for the quarter ended June 30, 2025, delivering robust growth across key performance metrics,
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Nifty may swing between -11% to +4% around 25,000 amid macro uncertainty:
Updated : 7 months ago IST
Nifty of National Stock Exchange (NSE) will swing between -11 per cent and +4 per cent from its year-end target of 25,000, as markets navigate a range of evolving macro risks including potential trade tariffs, shifts in the US economic outlook, and central bank policy actions by the Fed and
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RBI's FREE-AI guidelines to reduce cost, risk for financial sector, say ex
Updated : 7 months ago IST
The endeavour of the Reserve Bank of India (RBI) to democratise the use of Artificial Intelligence (AI) in the financial sector will open new doors to players as regulator-backed measures such as AI sandboxes, sectoral datasets, and indigenous models can significantly reduce the cost and
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Foreign capital inflows set to rise post S&P upgrade, borrowing costs to e
Updated : 7 months, 1 week ago IST
Foreign capital inflows into India are likely to accelerate following S&P's recent credit rating upgrade, which is also expected to lower borrowing costs for the country, said Sonal Badhan, Economist at Bank of Baroda (BoB).
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Affordable Guest Posting in 2025-26: How GuestPostingService.net is Changi
Updated : 7 months, 1 week ago IST
New Delhi [India], August 14: In the evolving world of search engine optimisation, link building remains a cornerstone of digital success. But with skyrocketing costs, unpredictable Google algorithm updates, and AI-generated search disrupting how users find information, many businesses are s
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Patriotism, Popcorn & Partnerships: Bank of Maharashtra Lights Up Pune
Updated : 7 months, 1 week ago IST
Pune (Maharashtra) [India], August 14: Pune came alive this Independence Day with a grand celebration that blended patriotism, entertainment, and powerful brand collaborations. At the heart of this vibrant event was Bank of Maharashtra, the title sponsor and driving force behind an evening t
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One dead, one injured after a tree fell on two people riding on a motorcyc
Updated : 7 months, 1 week ago IST
Describing more on the incident, the Delhi Police told ANI, "At approximately 9:50 AM, an old roadside Neem tree fell in front of HDFC Bank near Paras Chowk, Kalkaji. As a result, two individuals riding a motorcycle, Sudhir Kumar (age 50) and his daughter, Ms. Priya (age 22), were trapped be
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RBI announces underwriting auction results for two government securities
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) on Thursday announced the results of the underwriting auction conducted for Additional Competitive Underwriting (ACU) of two Government of India securities, setting cut-off commission rates for primary dealers.
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RBI may open room for further easing in upcoming policy if GDP prints come
Updated : 7 months, 1 week ago IST
The Reserve Bank of India's Monetary Policy Committee (MPC) could consider reducing policy rates further if upcoming GDP data comes in lower than expectations and the US Federal Reserve begins aggressive rate cuts due to a weaker labour market, according to a report by HSBC Mutual Fund.
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ICICI Bank rolls back decision on minimum account balance, slashes it to R
Updated : 7 months, 1 week ago IST
In a major relief to its customers, ICICI Bank on Thursday announced a rollback of its recent decision to hike the minimum average monthly balance (MAB) for certain savings accounts to Rs 50,000. The private sector lender has now reduced the MAB requirement to Rs 15,000.
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