The rupee depreciated 7 paise to close at 95.68 against the U.S. dollar on Tuesday, weighed down by elevated crude oil prices and lingering geopolitical tensions in West Asia. Brent crude traded…
Banks across India will remain open on August 19, the Reserve Bank of India's holiday calendar shows. Only branches in Agartala, Tripura, will be closed to mark the birthday of Maharaja Bir…
India Ratings and Research (Ind-Ra) on Tuesday projected India's GDP growth to slow to 6.8% in FY27, down from 7.6% in FY26, citing risks from higher fuel and food inflation due to…
Axis Bank will change several credit card rules from August 28, 2026, raising the Dynamic Currency Conversion (DCC) fee from 1.5% to 3.5% excluding taxes, the Free Press Journal reports. Customers using…
Indian freelancers earning from US IT companies must report income under 'Profits and Gains of Business or Profession'. Isha Sekhri of Isha Sekhri & Associates LLP explains that specified professionals can opt…
Yes Bank is preparing to sell a benchmark-sized three-year US dollar-denominated note, its first international bond issue since writing off $1.1 billion (Rs 8,415 crore) of Additional Tier 1 bonds in 2020.…
Indian financial institutions have sold a record $8 billion in dollar bonds this year, surpassing the previous high of $7.92 billion set in 2019, according to Bloomberg data. The sales have been…
Two new economic terms, funflation and treatflation, describe the rising cost of experiences and everyday indulgences in India, Livemint reports. Funflation refers to steep price hikes for concert tickets, live sports, theme…
Nearly Rs 1 lakh crore in unclaimed bank deposits has been transferred to the RBI's Depositor Education and Awareness (DEA) Fund, news.abplive.com reports citing finance ministry data. As of January 31, 2026,…
The rupee fell 17 paise to 95.59 against the US dollar in early trade on Monday, as sentiment turned cautious after the Reserve Bank of India advanced the cut-off date for its…
