India is likely to meet its fiscal deficit target of 4.4 per cent of GDP in FY26 despite anticipated revenue loss from the implementation of GST 2.0, according to a report by CareEdge Ratings.
The Reserve Bank of India (RBI) on Tuesday announced the results of its latest yield and price-based auction of state government securities, through which six states successfully raised funds aggregating Rs 14,900 crore.
The Government of India has announced the sale (re-issue) of two dated securities worth Rs 28,000 crore through auction, to be conducted by the Reserve Bank of India (RBI) on September 12, 2025.
Assam Chief Minister Himanta Biswa Sharma said that Prime Minister Narendra Modi will unveil a special coin made by the Reserve Bank of India in the memory of Dr. Bhupen Hazarika on September 13 during his visit to Assam. He also added that the PM will participate in a special tribute meetin
India's foreign exchange reserves rose by USD 3.5 billion in the week that ended August 29 to USD 694.230 billion, driven largely by a rise in foreign currency assets and gold, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'.
India's 10-year government bond yield is expected to trade in the range of 6.50-6.60 per cent during September, according to a report by Bank of Baroda.
Bengaluru (Karnataka) [India], September 2: slice, which aims to build India's most loved bank, has appointed Eugene Emmanuel Karthak, a former Executive Director at the Reserve Bank of India, as Part-time Chairman and Independent Director to its Bank Board.
India's foreign exchange reserves (Forex) declined by USD 4.8 billion in the week that ended August 22 to USD 690.720 billion, driven largely by slump in foreign currency assets, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'.
Industry chambers on Friday said that GDP growth of 7.8% for Q1 FY26 is a testament to the Indian economy's resilience, signals strong momentum at the start of the fiscal year and will help boost business sentiments when the country is facing global headwinds
The surge was primarily driven by a strong rise in term deposits, which grew 13.5 per cent year-on-year, significantly outpacing the modest 5.4 per cent growth in savings deposits.
States that provide financial assistance in the form of subsidies and grants are witnessing stronger adoption of two-wheeler electric vehicles (2W-EVs), according to a study report by the Reserve Bank of India.
The appointment will take effect from the date Patel assumes charge of the post or until further orders, whichever is earlier, according to an official statement issued by the committee.