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RBI Allows Bank Branches to Operate on September 27
PolicyThe Reserve Bank of India has announced that bank branches and currency chests will remain operational on September 27, ahead of a three-day nationwide holiday.
GIFT Nifty Signals Negative Start for Indian Markets
MacroThe GIFT Nifty index has crashed nearly 200 points, indicating a negative start for the Indian stock market amid rising global bond yields.
OECD Cuts India's GDP Growth Outlook for FY28
MacroThe OECD has projected a GDP growth of 7.1% for India in FY27 but has cut the outlook for FY28 to 6.5%, indicating potential economic challenges ahead.
Global Markets React to Rising Oil Prices and Inflation Fears
MacroGlobal markets are under pressure due to rising oil prices and inflation concerns, leading to a mixed performance in Asian stocks.
West Bengal Government Announces Development Budget
PolicyThe West Bengal government has unveiled a budget of Rs 40,000 crore focused on development, industry, and job creation.
Sensex and Nifty Decline Amid Rising Oil Prices
MacroThe BSE Sensex tumbled 550 points and Nifty50 slipped below 23,300 as oil prices remained above $100, impacting market sentiment.
India's Economy Projected to Triple in Next Decade
MacroJPMorgan's CEO Jamie Dimon has projected that India's economy could triple in size over the next ten years, highlighting strong growth potential.
Indian IT Stocks Decline Due to Geopolitical Tensions
MacroGeopolitical tensions and rising oil prices have led to a decline in Indian IT stocks, reflecting broader market concerns.
RBI Sees Case for Rupee Appreciation
FXAn official from the Reserve Bank of India indicated that there is a case for the Indian rupee to appreciate, providing some optimism for the currency market.
SEBI Approves Regulatory Changes for Market Intermediaries
PolicyThe Securities and Exchange Board of India has approved a set of regulatory changes aimed at enhancing governance norms for market intermediaries and foreign investors.
Crude Oil Prices Remain Elevated Amid Geopolitical Tensions
CommodityBrent crude oil prices have stabilized above $100, influenced by ongoing geopolitical tensions and supply concerns.
US Federal Reserve Raises Interest Rates
MacroThe US Federal Reserve has raised interest rates for the first time in three years, reflecting concerns over inflation and economic growth.
GST Council to get four new representatives at next meeting
PolicyThe Goods and Services Tax (GST) Council is set to welcome four new representatives at its upcoming meeting, which may lead to significant policy discussions.
Indian central bank likely defending rupee, conducting swaps to drain excess cash
FXTraders suggest that the Indian central bank is actively defending the rupee by conducting currency swaps to manage excess liquidity in the market.
West Bengal Budget 2026 Highlights: Rs 40,000 crore development push
PolicyThe West Bengal government has announced a budget focused on a ₹40,000 crore development push aimed at boosting industry and job creation.
RBI absorbs ₹75,026 cr via overnight VRRR auction amid surplus liquidity
PolicyThe Reserve Bank of India has conducted a Variable Rate Reverse Repo (VRRR) auction, absorbing ₹75,026 crore to manage surplus liquidity in the banking system.
RBI sees case for Rupee to Appreciate
MacroAn official from the Reserve Bank of India has stated that there is a case for the Indian Rupee to appreciate, indicating a positive outlook on the currency.
SEBI approves regulatory changes covering market intermediaries and governance norms
PolicyThe Securities and Exchange Board of India (SEBI) has approved a set of regulatory changes aimed at enhancing governance norms for market intermediaries and foreign investors.
Sensex gains 299 points to close at 74,828
MacroThe Sensex has closed up 299 points at 74,828, reflecting positive market sentiment amid various economic indicators.
RBI allows Bank Branches, Currency Chests operations on September 27
PolicyThe Reserve Bank of India has announced that bank branches and currency chests will remain operational on September 27, ahead of a three-day nationwide holiday.