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Govt to allow foreign ownership of over 51% in IDBI Bank | Mint: This is set to raise the investor interest in the ongoing disinvestment process of the bank ...
livemint.com/companies/news/govt-to-allow-foreign-ownership-of-over-51-in-idbi-bank-11670341326477.html
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Centre to allow foreign funds to own over 51% in IDBI Bank: The Central government will allow a consortium of foreign funds and investment firms to own more than ...
deccanherald.com/business/business-news/centre-to-allow-foreign-funds-to-own-over-51-in-idbi-bank-1169221.html
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Govt to allow foreign ownership of over 51% in IDBI Bank | Mint: This is set to raise the investor interest in the ongoing disinvestment process of the bank ...
livemint.com/companies/news/govt-to-allow-foreign-ownership-of-over-51-in-idbi-bank-11670341326477.html
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Centre to allow foreign funds to own over 51% in IDBI Bank: The Central government will allow a consortium of foreign funds and investment firms to own more than ...
deccanherald.com/business/business-news/centre-to-allow-foreign-funds-to-own-over-51-in-idbi-bank-1169221.html
India scrambles to curb PhonePe and Google’s dominance in mobile payments: The National Payments Corporation of India (NPCI), the governing body overseeing the ...
techcrunch.com/2024/04/16/india-scrambles-to-curb-phonepe-and-google-dominance-in-mobile-payments/
Rupee off record low on likely c.bank intervention, Iranian official's comment: The Indian rupee recovered after slipping to a record low on Friday ...
reuters.com/markets/currencies/rupee-off-record-low-likely-cbank-intervention-iranian-officials-comment-2024-04-19/
Rupee ends at record closing low on risk-off, broad dollar rally
reuters.com/markets/currencies/rupee-ends-record-closing-low-risk-off-broad-dollar-rally-2024-04-16/
Rupee, reserves: Calibrated approach taken by RBI in managing exchange rate: The RBI stepped up its intervention in the foreign exchange market in 2022 ...
business-standard.com/economy/news/rupee-reserves-calibrated-approach-taken-by-rbi-in-managing-exchange-rate-124041700010_1.html
RBI mandates offline payment aggregators to verify KYC for merchants: In the draft guidelines published on Tuesday, the banking regulator outlined KYC procedures ...
business-standard.com/finance/news/rbi-mandates-offline-payment-aggregators-to-verify-kyc-for-merchants-124041700787_1.html
Rupee under pressure but avoids record low on possible cenbank support: The Indian rupee fell on Monday on worries over a broader conflict in the Middle East but ...
reuters.com/markets/currencies/rupee-under-pressure-avoids-record-low-possible-cenbank-support-2024-04-15/
India's exports shrink 3% in FY24 but tide is turning, says govt: India's trade deficit at 11-month low in March
business-standard.com/industry/news/india-s-exports-shrink-3-in-fy24-but-tide-is-turning-says-govt-124041500860_1.html
After making insolvency process creditor-driven, can IBC address the delays: Experts point out that though the IBBI data reflects a steady rise in the total ...
business-standard.com/companies/news/after-making-insolvency-process-creditor-driven-can-ibc-address-the-delays-124041400429_1.html
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Revolut gets RBI nod to issue Prepaid Payment Instruments in India: Revolut India on Friday said it has received an in-principle authorization from the Reserve ...
business-standard.com/companies/news/revolut-gets-rbi-nod-to-issue-prepaid-payment-instruments-in-india-124041200972_1.html
ADB raises India's GDP growth forecast for FY25 to 7% from 6.7% earlier: The ADB had in December last year projected the Indian economy to expand 6 ...
business-standard.com/economy/news/adb-raises-india-s-gdp-growth-forecast-for-fy25-to-7-from-6-7-earlier-124041100075_1.html
Quick Glance: ADB Forecasts Developing Asia Growth at 4.9% in 2024, Risks Persist
- ADB raised its growth forecast for Developing Asia to 4.9% in 2024, highlighting ongoing challenges like escalating geopolitical tensions.
- China remains a concern for regional growth due to a prolonged property crisis and other issues.
- The ADB predicts regional inflation to decrease to 3.0% by 2025.
- Detailed GDP growth and inflation forecasts for various Asian countries were also provided.
Sharp dip in rupee sparks NRI remittance surge - News | Khaleej Times: Remittance inflows to India in 2023 stood at $125 billion
khaleejtimes.com/business/economy/sharp-dip-in-rupee-sparks-nri-remittance-surge
#ProjectElectoralBond | Kotak group firm donated Rs 60 crore to BJP before crucial RBI decisions favoured Kotak Mahindra Bank ...
newslaundry.com/2024/03/28/kotak-firms-rs-60-crore-donation-to-bjp-coincided-with-crucial-rbi-decisions-on-kotak-mahindra-bank
Quick Glance: Kotak firm’s Rs 60 crore donation to BJP linked to RBI decisions
- Uday Kotak, a rare banker, whose firm is listed as an electoral bond donor.
- Long-standing dispute between Kotak Mahindra Bank and Reserve Bank of India over shareholding.
- Kotak group firm donates Rs 60 crore to BJP before crucial RBI guidelines.
- Uday Kotak's tenure at Kotak Mahindra Bank extended despite RBI regulations.
Forex reserves jump $2.98 billion to new peak of $648.562 billion: RBI: India's forex reserves jumped by USD 2.98 billion to a fresh peak of USD 648 ...
business-standard.com/finance/news/forex-reserves-jump-2-98-billion-to-new-peak-of-648-562-billion-rbi-124041200759_1.html
India Inc capital expenditure story gets cement to semiconductor push: The private capex momentum is being led by conglomerates such as Tatas ...
business-standard.com/companies/news/india-inc-capital-expenditure-story-gets-cement-to-semiconductor-push-124041100999_1.html
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Asian emerging market currencies come under pressure from strong dollar: Indonesia’s central bank supports rupiah as Indian rupee falls to record and Korean won ...
ft.com/content/3a985f06-35b5-4a56-91eb-4595fc71b0ad
India's rate panel holds key repo rate steady, as expected: India's monetary policy committee held the key repo rate unchanged for a seventh straight policy ...
reuters.com/world/india/indias-rate-panel-holds-key-repo-rate-steady-expected-2024-04-05/
Hopes for Early Interest Rate Cut in India Dim as Inflation Threat Lingers: India’s central bank will likely keep interest rates unchanged Friday ...
bloomberg.com/news/articles/2024-04-04/india-s-early-rate-cut-hopes-dim-as-inflation-threat-lingers
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Modi Says Growth Should be Top Priority for India’s RBI: Prime Minister Narendra Modi said economic growth should be the Reserve Bank of India’s top priority ...
bloomberg.com/news/articles/2024-04-01/india-bond-market-stability-aided-confidence-sitharaman-says
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India RBI Pushes Back FX Hedging Rule Implementation to May 3 - Bloomberg: India’s central bank pushed back the implementation of its rules on exchange-traded ...
bloomberg.com/news/articles/2024-04-04/india-rbi-pushes-back-fx-hedging-rule-implementation-to-may-3
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Mobile wallet payments in India to surpass Rs 531 trn in 2028: GlobalData: The value of mobile wallet payments in India, as per a GlobalData report ...
business-standard.com/industry/news/mobile-wallet-payments-in-india-to-surpass-rs-531-trn-in-2028-globaldata-124040800139_1.html
India's forex kitty jumps $2.95 bn to new all-time high of $645.58 bn: India's foreign exchange reserves increased USD 2.951 billion to USD 645 ...
business-standard.com/economy/news/india-s-forex-kitty-jumps-2-95-bn-to-new-all-time-high-of-645-58-bn-124040500761_1.html
RBI widens door for foreign participation in green bonds: What this means: A scheme for investment and trading in sovereign green bonds (SGrBs) by eligible ...
business-standard.com/finance/personal-finance/rbi-widens-door-for-foreign-participation-in-green-bonds-what-this-means-124040800229_1.html
India's services growth accelerated in March, exports at record high, PMI shows: India's dominant services industry grew faster in March amid strong demand ...
reuters.com/world/india/indias-services-growth-accelerated-march-exports-record-high-pmi-shows-2024-04-04/
RBI proposes changes in net-worth guidelines for payment aggregators: The banking regulator has identified two major types of payment aggregators (PAs) as part ...
business-standard.com/industry/banking/reserve-bank-of-india-proposes-net-worth-norms-for-payment-aggregators-124041601201_1.html
Reactions: India's March retail inflation eases to five-month low
reuters.com/world/india/view-indias-march-retail-inflation-eases-485-yy-2024-04-12/
Investigating India: How Smaller, Independent News Outlets Are Digging into Politics in a Key Election Year
gijn.org/stories/india-independent-news-investigating-key-election-year/
MLB roundup: Pirates outlast O's in 11th: Oneil Cruz delivered a walk-off RBI single in the 11th inning to give the Pittsburgh Pirates a 5-4 win against the ...
reuters.com/sports/mlb-roundup-pirates-outlast-os-11th-2024-04-07/
POLL India inflation likely cooled in March, albeit slightly: India's consumer price inflation likely eased to a five-month low of 4.91% in March but was still ...
reuters.com/world/india/india-inflation-likely-cooled-march-albeit-slightly-2024-04-08/
MPC may keep repo rate, stance unchanged at FY25's 1st meet: BS Poll: The RBI will announce the review of the policy on April 5
business-standard.com/economy/news/monetary-policy-rbi-may-keep-rate-and-stance-unchanged-says-bs-poll-124033100333_1.html
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LIC Sees 59% Jump In Value Of Investments In Adani Stocks: LIC's investment in Adani Green Energy Ltd saw the biggest rise with value more than doubling to ...
ndtv.com/business-news/lic-sees-59-jump-in-value-of-investments-in-adani-stocks-5440371
India Central Bank Holds Rate Steady as Economy Stays Strong: India’s central bank kept its policy rate unchanged as the country’s economic growth remain strong ...
wsj.com/economy/central-banking/india-central-bank-holds-rate-steady-as-economy-stays-strong-77b2f2b6
RBI rejects Tamilnad Mercantile Bank's proposal for CEO candidate: Bank has been asked to submit "fresh panel of candidates with suitable experience" for the ...
business-standard.com/companies/news/rbi-rejects-tamilnad-mercantile-bank-s-proposal-for-ceo-candidate-124041300002_1.html
Stocks to Watch today: TCS, GIC, HAL, LIC, Anand Rathi, Aster DM, IT shares: Stocks to watch on Monday, April 15, 2024: IT shares, led by TCS ...
business-standard.com/markets/news/stocks-to-watch-today-tcs-gic-hal-lic-anand-rathi-aster-dm-it-shares-124041500064_1.html
India swaps suggest cenbank now likely to hold rates through 2024: Indian overnight indexed swap (OIS) rates have moved higher since the Reserve Bank of India's ...
reuters.com/markets/rates-bonds/india-swaps-suggest-cenbank-now-likely-hold-rates-through-2024-2024-04-08/
LSU softball rallies for extra-inning win against Florida: GAINESVILLE, Fla. — Fifth-ranked LSU rallied for runs in the seventh and eighth innings to secure a ...
theadvocate.com/baton_rouge/sports/lsu/lsu-softball-rallies-for-extra-inning-win-against-florida/article_b36e8a51-9b0d-5be6-9a7e-c8bbdf578f0f.html
Govt to broaden e-rupee distribution beyond banks to boost retail use: RBI: The process is still in the early stages and the third-party apps will have to seek ...
business-standard.com/finance/news/govt-to-broaden-e-rupee-distribution-beyond-banks-to-boost-retail-use-rbi-124040500344_1.html
India's Paytm banking unit CEO Surinder Chawla resigns: India's Paytm said on Tuesday that Surinder Chawla had resigned as the chief executive officer and ...
reuters.com/world/india/indias-paytm-banking-unit-ceo-surinder-chawla-resigns-2024-04-09/
RBI to launch mobile app for investing in gov securities: Check details: Mobile version of Retail Direct Scheme will 'enable investors to buy and sell ...
business-standard.com/finance/personal-finance/rbi-to-launch-mobile-app-for-investing-in-gov-securities-check-details-124040500389_1.html
Rupee hits new low of Rs 83.54 against US dollar; RBI likely steps in: The Reserve Bank of India likely intervened in the foreign exchange market by selling ...
business-standard.com/economy/news/rupee-hits-new-low-of-rs-83-54-against-us-dollar-rbi-likely-steps-in-124041600991_1.html
97.69% of Rs 2000 currency notes returned to banking system, says RBI: The Reserve Bank of India (RBI) on Monday said nearly 97.69 per cent of the Rs 2000 ...
business-standard.com/india-news/97-69-of-rs-2000-currency-notes-returned-to-banking-system-says-rbi-124040100831_1.html
Bajaj Housing Fin board to meet on Apr 24 to discuss listing requirement: Bajaj Housing Finance is a 100 per cent subsidiary of Bajaj Finance
business-standard.com/companies/news/bajaj-housing-fin-board-to-meet-on-apr-24-to-discuss-listing-requirement-124040600657_1.html
Indian shares flat as realty stocks counter weak IT on cenbank pause: Indian shares were flat on Friday, paring earlier losses as real estate stocks got a boost ...
reuters.com/world/india/indias-nifty-set-open-little-changed-ahead-rbi-rate-decision-2024-04-05/
Mcap of 4 of top-10 firms hit Rs 1.71 trn; HDFC Bank, LIC lead gainers: Four of the top 10 valued firms added Rs 1,71,309.28 crore to their market valuation last ...
business-standard.com/markets/news/mcap-of-4-of-top-10-firms-hit-rs-1-71-trn-hdfc-bank-lic-lead-gainers-124040700085_1.html
How to build a global currency: India is the latest country to try. Painful reforms are required
economist.com/finance-and-economics/2024/04/04/how-to-build-a-global-currency
Climate change poses challenges for policy, risks to growth: RBI report: Frequent weather shocks caused by climate change pose challenges for the monetary policy ...
business-standard.com/economy/news/climate-change-poses-challenges-for-policy-risks-to-growth-rbi-report-124040800862_1.html
Indian rupee to rise modestly against dollar in next three months: The Indian rupee will strengthen only marginally against the U.S. dollar over the coming three ...
reuters.com/markets/currencies/indian-rupee-rise-modestly-against-dollar-next-three-months-2024-04-04/
NCLAT to hear IDBI Bank, Axis Finance plea on Zee-Sony merger on May 17: Axis Finance and IDBI had challenged the merger in NCLAT
business-standard.com/companies/news/zee-sony-merger-crisis-nclat-decides-to-hear-challenge-from-may-17-124041500868_1.html
Gold hits all-time high, soars past Rs 71,000: Should you still invest?: Gold Investment: Geopolitical conflicts are contributing to market instability ...
business-standard.com/finance/personal-finance/gold-hits-all-time-high-soars-past-rs-71-000-should-you-still-invest-124041000707_1.html
LIC को अडानी के शेयरों में निवेश पर हुआ 59% मुनाफा, 1 साल में 22378 करोड़ रुपये बढ़ी दौलत
hindi.financialexpress.com/business-news/lic-investment-value-rose-by-59pc-to-rs-crore-in-fy24-in-adani-group-stocks-4482436
Reliance, auto stocks boost India's Nifty, Sensex to record highs: India's blue-chip indexes climbed to all-time highs on Monday, led by a rebound in heavyweight ...
reuters.com/world/india/indias-nifty-50-set-test-record-highs-despite-dampened-us-rate-cut-hopes-2024-04-08/
Exclusive: India cenbank's stance on underlying exposure for FX derivatives unchanged, sources say
reut.rs/3PJhzEc
RBI's status quo on repo rate to impact retail auto sales, says Fada: Auto Sales: Manish Raj Singhania, prez of FADA, said that favourable govt policies along ...
business-standard.com/industry/news/interest-rates-may-put-pressure-on-entry-level-vehicle-buying-in-fy25-fada-124040800666_1.html
Stock Market Live: Sensex down 200 pts, Nifty below 22,500 ahead of RBI policy: Stock market Update on Friday, April 05: In the broader market ...
business-standard.com/markets/news/stock-market-live-sensex-gift-nifty-us-yield-crude-oil-fed-rates-gold-124040500076_1.html
RBI has transitioned into being enabler for market economy: Shaktikanta Das: RBI At 90 Ceremony: Shaktikanta Das stated that the RBI has evolved from a central ...
business-standard.com/finance/news/rbi-has-transitioned-into-being-enabler-for-market-economy-shaktikanta-das-124040100388_1.html
The taming of the Election Commission of India: Over the past decade, the ECI has been criticised for allowing the BJP to escape scrutiny ...
caravanmagazine.in/government/taming-election-commission
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IMF ups India growth forecasts, citing strong domestic demand: FY24 growth now seen at 7.8%, FY25 rate at 6.8%
financialexpress.com/policy/economy-imf-ups-india-growth-forecasts-citing-strong-domestic-demand-3458852/
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Amazon Pay explores credit on UPI through collaboration with NPCI: Amazon Pay credit on UPI: NPCI recently unveiled new features for UPI-linked RuPay credit ...
business-standard.com/finance/news/amazon-pay-explores-credit-on-upi-through-collaboration-with-npci-124041600731_1.html
Manmohan Singh: A rare leader with a fine record: A rare leader
with a fine record
deccanherald.com/opinion/editorial/manmohan-singh-a-rare-leader-with-a-fine-record-2965771
Rupee little changed, traders reckon RBI support key to prevent fall towards record low
reuters.com/markets/currencies/rupee-little-changed-traders-reckon-rbi-support-key-prevent-fall-towards-record-2024-04-03/
Rupee to rely on central bank help to counter surging dollar: The Indian rupee will be counting on the central bank's assistance on Tuesday to avoid declining to ...
reuters.com/markets/currencies/rupee-rely-central-bank-help-counter-surging-dollar-2024-04-02/
Monetary policy: 'Real rates do matter, inflation must align with target': Reserve Bank of India Governor Shaktikanta Das and Deputy Governor Michael Patra ...
business-standard.com/economy/news/monetary-policy-primary-objective-is-to-align-inflation-with-target-124040501054_1.html
Indian rupee's exchange derivative volumes to plummet on hedging rule, brokers say
reuters.com/markets/currencies/indian-rupee-exchange-derivative-volumes-plummet-cenbanks-hedging-rule-brokers-2024-04-02/
All the RBI's men: As the Reserve Bank celebrates its 90th birthday, the concluding part of a two-column series offers a peek into the lives and works of its ...
business-standard.com/opinion/columns/all-the-rbi-s-men-124040700317_1.html
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FX Traders Debate If RBI Will Loosen Indian Rupee (INR USD) Grip on Yuan Moves: The recent yuan volatility has spilled over to the rupee, sparking speculation ...
bloomberg.com/news/articles/2024-04-01/traders-debate-whether-rbi-will-loosen-rupee-grip-on-yuan-moves
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Prediction of scorching heat creates winners in Indian stock market: Consumption of soda, ice creams and dairy products typically jumps sharply during the summer
business-standard.com/markets/news/prediction-of-scorching-heat-creating-winners-in-indian-stock-market-124040600037_1.html
This banker’s memoir recounts his journey from a junior officer to executive director
scroll.in/article/1064649/this-bankers-memoir-recounts-his-journey-from-a-junior-officer-to-executive-director
Are banks closed today on April 13 for weekend? Check details here | Mint: Bank holiday today April 24: There are a total of 12 days of bank closures in April ...
livemint.com/industry/banking/bank-holidays-april-2024-are-banks-closed-today-on-april-13-for-weekend-check-details-here-state-bank-of-india-saturday-11712973360165.html
Indian consumer confidence at more than four-year high, cenbank data shows: Consumer confidence in India is at its highest level since mid-2019 ...
reuters.com/world/india/indian-consumer-confidence-more-than-four-year-high-cenbank-data-shows-2024-04-05/
Rupee avoids record low despite slew of negative cues: The Indian rupee was little changed on Friday amid expectations that the country's central bank will ...
reuters.com/markets/currencies/rupee-avoids-record-low-despite-slew-negative-cues-2024-04-05/
A Popular FX Derivative Market Gets Roiled in India on RBI Rules: India’s brokerages have asked clients to close out currency derivatives trades linked to the ...
bloomberg.com/news/articles/2024-04-02/a-popular-fx-derivative-market-gets-roiled-in-india-on-rbi-rules
Stock Market LIVE: Sensex off record highs, up 250 pts; Nifty tests 22,500: Stock market Update on Thursday, April 04: HDFC Bank was leading the rally after the ...
business-standard.com/markets/news/stock-market-live-sensex-nifty-us-fed-oil-gold-ongc-nlc-f-o-expiry-124040400073_1.html
MLB roundup: Pirates outlast O's in 11th: Oneil Cruz delivered a walk-off RBI single in the 11th inning to give the Pittsburgh Pirates a 5-4 win against the ...
reuters.com/sports/mlb-roundup-pirates-outlast-os-11th-2024-04-07/
Why has India allowed FIIs to invest in its green bonds? | Explained: The Hindu explains why India has allowed foreign investors to trade in green bonds
thehindu.com/business/Economy/why-has-india-allowed-fiis-to-invest-in-its-green-bonds-explained/article68073170.ece
Monetary policy: RBI rejigs quarterly GDP growth forecasts for FY25: Rural demand catching up, consumption expected to support economic growth in FY25 ...
business-standard.com/finance/news/monetary-policy-rbi-rejigs-quarterly-gdp-growth-forecasts-for-fy25-124040500796_1.html
Changes to India's repo rate since June 2000: The Reserve Bank of India held the key repo rate unchanged for a seventh straight policy meeting on Friday as it ...
reuters.com/world/india/changes-indias-repo-rate-since-june-2000-2024-04-05/
SBI approaches RBI to cap NBFC lender base: The country’s largest bank believes that large number of lenders dilutes the ability to monitor NBFCs loan books ...
financialexpress.com/business/banking-finance-sbi-approaches-rbi-to-cap-nbfc-lender-base-3455460/
Reserve Bank of India deserves share of credit for economic stability: Henny Sender is the founder and managing partner of Apsara Advisory, a strategic ...
asia.nikkei.com/Opinion/Reserve-Bank-of-India-deserves-share-of-credit-for-economic-stability
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Why the BJP’s fortunes in Tamil Nadu may change: Listen to this episode from Top of the Morning on Spotify. Welcome to Top of the Morning by Mint ...
open.spotify.com/episode/5Z68DlVwJ8jk3opZbsq2M7
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