The Indian rupee touched a new record low of 90.46 against the US dollar on Thursday, reflecting continued pressure on the currency from both global and domestic factors. The decline marks the weakest level ever recorded for the rupee. Market Factors Driving the Fall Traders attributed the
IndusInd Bank has confirmed that its chairman, Sunil Mehta, will step down when his term ends in January 2026. The announcement comes during a broader organisational overhaul at the private lender after a difficult financial year. Overhaul Triggered By Losses Earlier in 2025, the bank posted its largest quarterly loss after a major hit from […]
The government collected ₹511.83 crore as TDS from cryptocurrency and other virtual digital asset transactions in FY25. This marks a sharp increase from the previous year, when around ₹363 crore was collected. Officials said the rise reflects more trading activity and better reporting by exchanges. Current tax rules for crypto Profits from crypto trading are […]
The rupee gained 17 paise against the US dollar on Tuesday and ended the day at ₹89.88. The currency moved up from its previous close as the dollar weakened in global markets. Dealers said better liquidity and active dollar selling by some foreign banks supported the rise. Global cues and oil prices helped Market analysts […]
IndusInd Bank has appointed Amitabh Kumar Singh as its new Chief Human Resources Officer. At the same time, its microfinance subsidiary Bharat Financial Inclusion Ltd (BFIL) has named Tapobrat Chaudhuri as Managing Director and Chief Executive Officer. Both leaders are expected to play a key role in shaping future growth. Strengthening core functions Along with […]
Rating agency ICRA expects the Reserve Bank of India to keep policy interest rates unchanged for an extended period unless economic growth slows meaningfully. The outlook follows the recent move by the central bank to reduce the repo rate by 25 basis points, bringing it to 5.25 per cent. The agency noted that the rate-cut […]
The Reserve Bank of India has revised its GDP growth projection for the financial year 2025-26 to 7.3 percent. The earlier estimate was 6.8 percent. The upward revision reflects strong momentum in the economy, supported by healthy domestic demand, government spending and a stable inflation environment. Strong Economic Indicators The decision follows higher-than-expected
The Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down to 5.25 percent. The decision was taken after the Monetary Policy Committee concluded its latest review. The rate cut comes at a time when inflation has eased, giving the central bank room to support growth. Why The Rate […]
Indian stock markets were expected to open higher on Friday as investors focused on the upcoming monetary policy decision of the Reserve Bank of India. Early market indicators suggested a positive start for major indices, with sentiment supported by strong economic data and steady earnings in recent weeks. Mixed Expectations Over Rate Move Investors had […]
The Reserve Bank of India (RBI) kicked off its three-day meeting of the Monetary Policy Committee (MPC) on December 3, 2025 at Mumbai. The panel will review recent economic data and announce its decisions on December 5 at 10 am. What’s on the Table The MPC will evaluate India’s recent economic performance: the economy posted […]















