Over 40s Dominate India’s Bank Deposits: RBI Data
RBI data reveals individuals over 40 hold 76% of India’s bank deposits, highlighting a generational savings gap as younger groups favor capital markets.
India & Brazil Target $30B Trade by 2030
India and Brazil aim to double bilateral trade to $30 billion by 2030, focusing on pharmaceuticals and market access agreements to boost economic ties.
Saudi Arabia Seeks $8B Loans Amid Iran War Strain
Saudi Arabia in talks for $8 billion in new loans to diversify funding amid economic strain from the ongoing Iran war. Learn about the regional impact.
Kharif Sowing Down 1.7%; IMD Predicts Below-Normal September Rains
India’s Kharif crop sowing acreage is down 1.7% by Aug 28. IMD forecasts below-normal September rains, impacting yields. Maize acreage sees biggest drop.
India Services Sector Surges 13.1% in June: Economic Rebound
India’s services sector rebounds strongly with 13.1% growth in June, fueled by real estate and IT, indicating robust economic activity and recovery.
ONGC Videsh Gets US OFAC Waiver for Venezuela Oil Operations
ONGC Videsh secures a crucial US OFAC license in July, enabling continued oil operations in Venezuela. Future investments hinge on a framework agreement.
Old Monk Rum Drops ‘7 Years Old’ Claim After FSSAI Probe
Old Monk rum’s maker, Mohan Meakin, will remove the ‘7 years old blended’ claim following FSSAI scrutiny over its composition and flavor disclosures.
India’s Economy Surges 7.8% in Q1, Defying Global Headwinds
India’s economy shows remarkable resilience, expanding 7.8% in Q1 FY24, driven by strong investments, services, and exports, surpassing RBI forecasts.
Azim Premji Scholarship 2026-27: Financial Aid for Girls
Unlock higher education with the Azim Premji Scholarship 2026-27. Get Rs 30,000 annually for eligible girl students across 21 states & UTs. Apply now!
RBI FX Forward Book Hits Record $136.7B Amidst Overseas Deposit Surge
The Reserve Bank of India’s FX forward position surged to a record $136.7 billion in July, driven by strategic measures to attract overseas deposits and stabilize the rupee.
SEBI Study: Anchor Investors Exit IPOs Fast
SEBI study reveals anchor investors sell over 50% of IPO shares within a year, challenging long-term commitment perceptions. FPIs lead divestment.
ONGC Invests ₹1 Lakh Crore in Deepwater Exploration
ONGC commits ₹1 lakh crore over 5 years to deepwater exploration under ‘Samudra Manthan’, aiming to boost output and reduce India’s import reliance.
NSE Closing Auction Sees Record Rs 39,718 Crore Turnover
National Stock Exchange’s Closing Auction Session recorded Rs 39,718 crore turnover on Monday, driven by the MSCI August 2026 Index Review, marking a significant surge in market activity.
India’s Business Boom: Funding, Finance Hub & New Funds
India’s business sector thrives with Jagdish Farshan securing ₹43.5 Cr, Maharashtra planning a massive finance hub in Nagpur, and UTI MF launching new passive funds.
India’s GDP Growth: Congress Calls 7.8% Figure ‘Distorted’
Congress criticizes India’s 7.8% Q1 FY27 GDP growth, calling it ‘Greatly Distorted’ due to high unemployment and low investment, contrasting PM Modi’s claims.
India Industrial Credit Surges 20% in July 2026
India’s industrial bank credit soared 20% YoY in July 2026, fueled by broad sector growth. Services and agriculture also saw significant acceleration.
NSE Closing Auction Surges to ₹39,718 Cr on Rebalancing Day
NSE’s new closing auction mechanism hit ₹39,718 crore turnover on index rebalancing day, a 42x surge, capturing 22% of cash market volume with over 98,000 investors.
Air India Express Pilot Exodus: Safety Concerns Rise
Experienced pilots are leaving Air India Express due to stagnant pay, raising serious safety concerns. ALPA India warns Tata Trusts Chairman Noel Tata.
FII Inflows Surge to 23-Month High in Indian Equities
Foreign Institutional Investors poured ₹29,631 Cr into Indian equities in August, marking a 23-month high and signaling renewed confidence in the market.
Kotak Mahindra Bank CEO Candidates: Anup Saha & Paritosh Kashyap Nominated
Kotak Mahindra Bank proposes Anup Saha and Paritosh Kashyap to RBI for CEO role as Ashok Vaswani steps down Dec 31, 2026.
RBI FCNR(B) Inflows Boost Rupee Amidst Strong 7.8% GDP Growth
RBI’s FCNR(B) deposits attract $52.3B, strengthening India’s balance of payments and supporting the rupee amidst robust 7.8% GDP growth. Learn more.
Indian Brokerage Stocks: Volatility Amid Global Headwinds
Explore how Indian brokerage stocks like Angel One are navigating extreme market volatility due to hawkish Fed signals and rising oil prices. Discover the impact on trading platforms.
NCLAT to Hear Lenders’ Challenge to Subhash Chandra’s Repayment Plan
NCLAT will review lenders’ challenge to Subhash Chandra’s repayment plan, questioning the NCLT’s approval of a settlement that significantly undervalues admitted claims.
Nifty Bank Surges 600+ Points on Closing Auction Session
Nifty Bank index surged over 600 points in Monday’s closing auction session, driven by SEBI’s new rules. Key banking stocks saw gains.
India Real Estate Surges 24.7% in June; Air Transport Contracts
India’s real estate sector experienced a significant 24.7% growth in June 2026, driving the services economy expansion. Air transport, however, saw a contraction.
Surjit Bhalla: Questioning Policymakers Crucial for India’s Growth
Economist Surjit Bhalla states public reluctance to question policymakers stunts India’s economic growth. He urges increased investment and reduced tariffs for progress.
8th Pay Commission Jaipur Meet: Salary, Pension Reforms Discussed
The 8th Pay Commission is in Jaipur, consulting with employee unions and pensioner groups on crucial pay, allowances, and pension revisions for central government staff.
Small SIPs Drop 1.4M Accounts Amid Volatility & Gold Surge
India’s small-ticket SIPs (under Rs 1,000) fell by 1.4 million accounts in FY26 due to market volatility, despite record overall inflows. Gold & silver saw strong returns.
India’s Fiscal Deficit Hits 26.8% of FY27 Target
India’s fiscal deficit for April-July FY27 is 26.8% of the annual target, totaling ₹4.55 lakh crore, bolstered by strong non-tax revenue and controlled spending.
India’s IPO Market Surges: Record Listings & Fundraising
India’s primary market witnesses unprecedented growth with 999 IPOs raising over Rs 9.83 lakh crore since 2002, driven by record-breaking years in 2024 and 2025.