Latest News, Updates & Breaking Headlines
MUMBAI: RBI has proposed a revamp of rules on external commercial borrowings. The draft guidelines for 2025, the most extensive rejig since a Dec 2018 framework, replace uniform caps with limits tied to a borrower’s financial strength. Companies may raise up to $1 billion or 300% of their net worth (whichever is higher), while financial…
RBI Governor Sanjay Malhotra on Friday said gold prices may now be acting as a fresh barometer of global uncertainty, similar to how crude oil once reflected geopolitical risks, even as he cautioned of a potential correction in global equity markets.Speaking at the Kautilya Economic Conclave 2025, Malhotra noted that despite widespread fiscal stress, oil…
India’s strong economic fundamentals have positioned the country as a pillar of stability in a turbulent world, Reserve Bank governor Sanjay Malhotra said on Friday.He stated that the ongoing trade policy landscape restrictions could perhaps pose permanent damage to the growth of some economies, though India remains firm.“This is quite a feat…makes India stand out…
Indian households are beginning to feel some relief from rising prices, according to the Reserve Bank of India’s latest Inflation Expectations Survey (IESH). The September 2025 survey showed that while households’ perception of current inflation rose slightly, expected price increases across major product categories including food, non-food items, housing, and services, have eased, signalling a…
MUMBAI: RBI has announced measures to promote internationalisation of the rupee, aiming to expand its use in trade, financing, and investment while reducing dependence on the dollar. The move comes even as the US is pressurising emerging markets from moving against the dollar.Financial Benchmarks India (FBIL) will publish reference rates for select currencies of India’s…
Inflation in FY26 and FY27 is expected to remain far below the Reserve Bank of India’s (RBI) estimates, according to a new report by the State Bank of India (SBI).The report cited several factors that will help to soothe price pressures, including a strong monsoon, higher kharif crop sowing, healthy reservoir levels, ample foodgrain stocks,…
MUMBAI: RBI’s monetary policy committee on Wednesday unanimously voted to keep the repo rate unchanged at 5.5% with a neutral stance, while hiking FY26 growth forecast to 6.8% from 6.5%.“Since we last met in June, inflation has come down by about 1%. It is now at 2.6–2.7% compared with our earlier forecast. That’s the reason…
MUMBAI: Reserve Bank of India unveiled on Wednesday its most comprehensive reforms in over a decade, aimed at countering US-driven headwinds and expanding credit to companies, while deepening capital market activity. Banks can now finance mergers and acquisitions, and IPOs more freely, while limits on loans against shares and listed debt securities have been raised.Central…
Internationalising of Rupee: The Reserve Bank on Wednesday announced a series of measure to boost the Indian Rupee’s role in global trade, promoting its use for cross-border settlements and reducing dependence on the US dollar.RBI Governor Sanjay Malhotra, highlighted India’s steady progress in promoting the rupee for international transactions and unveiled three measures in this…
The Reserve Bank of India (RBI) on Wednesday lowered its FY26 inflation forecast to 2.6% from 3.1%, while revising India’s GDP growth upward to 6.8% on the back of a good monsoon and GST rate rationalisation. The central bank also kept the policy repo rate unchanged at 5.5% for the second straight review.The decision comes…
