Fed & flows, not inflation, may be at the heart of MPC debate

Mumbai: Central banks across the world walked in lockstep to cushion the Covid impact by reducing…

India’s forex reserves drop $5.2 billion to $545.652 billion, as of September 16

India‘s foreign exchange reserves got poorer by another $5.2 billion in the week to September 16,…

CBI books Rotomac Global in fresh case of Rs 93cr bank fraud

The CBI on Tuesday registered a fresh FIR against Kanpur-based Rotomac Global for allegedly cheating Punjab…

Russia to name bank soon for trade settlement with India in Rupees

India will soon launch trade in rupees with Russia, the head of the Federation of Indian…

HDFC Bank increases loan interest rates by 10 bps

HDFC Bank, private sector lender, has raised its marginal cost of funds-based lending rate (MCLR) on…

Reliance Retail Ventures, Jio raise Rs 8,500 crore by selling CPs

MUMBAI: Reliance Group companies Reliance Retail Ventures and Reliance Jio raised about Rs 8,500 crore working…

Ahead of Market: 10 things that will decide D-St action on Wednesday

In a lacklustre session amid the absence of any major domestic cues, headline indices Nifty and…

Unicorns face a funding crunch; CCI clears PayU-BillDesk deal; and IT firms boost campus hiring

As we step into the last few months of 2022, investors remain skittish, more so when…

Govt to back free E-payments on Bharat Bill Pay

The government will support free electronic transactions under Bharat Bill Payment System or BBPS and may…

Exclusive: NPCI to pick up stake in ONDC; gaming firms want ‘light touch’ rules

India’s Open Network for Digital Commerce (ONDC) has been termed the ‘UPI of ecommerce’ as it…

Exclusive | NPCI set to pick up 9-10% stake in government’s e-commerce project ONDC

The National Payments Corporation of India (NPCI) is close to picking a 9-10% stake in Open…

Lending rates rise faster than deposit rates

Banks have been more swift in raising loan rates than deposit rates since the Reserve Bank…

EMIs To Get Costlier From Sept 1 as Bank of India Hikes MCLR | Check Details Here

Mumbai: The Bank of India on Tuesday hiked its benchmark lending rate of overnight, 6-month and…

Bank of India hikes overnight, 6 months, 1 year lending rates

New Delhi: Bank of India has raised its overnight, 6-month, and 1-year lending rates by 5-10…

ETMarkets Smart Talk: Canara Bank, Indian Bank poised for fresh rally, says Jatin Gohil, Reliance Securities

“Due to higher level reversal in Nifty, the key technical indicators reversed from the overbought zone…

Bank holidays in September 2022: Banks to remain closed for 11 days in September, check the holiday list here

The Reserve ‘s (RBI) calendar for September 2022 lists 7 bank holidays by state, excluding second…

Government appoints Former CEA K Subramanian as Executive Director for India at IMF

Former Chief Economic Adviser Krishnamurthy Subramanian was on Thursday appointed as the Executive Director for India…

Fresh CP issuances more than halved amid rising interest rates

Commercial paper sales have more than halved in the first fortnight of July to nearly Rs…

Vox MPC: Inflation a priority, rate hikes likely, bigger ones may be not

Mumbai: Comments by members of the Monetary Policy Committee (MPC) indicate that controlling inflation is the…

Russian banks line up for customised trade a/cs with Indian lenders

More than 15 Russian banks are in advanced talks with Indian lenders to facilitate bilateral business…