September 27, 2025-
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The removal of GST on life and health insurance premiums has triggered a sharp spike in demand, with LIC recording ₹1,100 crore inflows on the very first day of implementation. The decision, effective...
The removal of GST on life and health insurance premiums has triggered a sharp spike in demand, with LIC recording ₹1,100 crore inflows on the very first day of implementation. The decision, effective...
The Finance Ministry (FinMin) has instructed banks, financial institutions, and CPSEs—including the RBI—to discontinue spending on festival gifts like Diwali hampers. The advisory, based on a Department of Public Enterprises (DPE) directive, is...
The Reserve Bank of India (RBI) has introduced standardised procedures for banks to settle claims of deceased customers, eliminating divergent practices across lenders. From now, nominees and survivors will not be required to...
A majority of economists in an ET poll expect the Reserve Bank of India (RBI) to keep the repo rate steady at 5.50% during its October 1 policy meeting, despite inflation being below...
The Employees’ State Insurance Corporation (ESIC) added 20.36 lakh new employees to the ESI scheme in July 2025, marking a 5% rise from June. More than 31,000 establishments came under the scheme’s ambit,...
The Reserve Bank of India (RBI) has issued new guidelines mandating two-factor authentication (2FA) for all domestic digital payments from April 1, 2026. The framework allows banks and fintechs to adopt innovative verification...
The Maharashtra government is exploring monetisation of anonymised welfare data through its new digital platform ‘Samanvay’, set to launch on October 2. Branded as ‘Golden Data’, the Aadhaar-linked database consolidates details of beneficiaries...
The Telangana government’s Industrial Promotion Cabinet Sub-Committee has approved fresh investments worth ₹3,745 crore, spanning beverages, drones, and energy equipment. The projects include a Coca-Cola mega plant in Siddipet, a JSW UAV drone...
India’s festive season is coinciding with the rollout of GST 2.0, unleashing a wave of credit offers from banks and NBFCs. With essentials cheaper and consumer sentiment high, lenders are aggressively marketing loans,...
The Indian government is considering raising the foreign investment limit in Public Sector Banks (PSBs) from the current 20%, while retaining at least 51% ownership to preserve their public character. The move is...
For the first time in FY26, India’s banking system liquidity slipped into deficit, driven by nearly ₹2.5–3 lakh crore in tax outflows from GST and advance tax payments. The deficit stood at ₹32,000...
The government has directed ONGC to take interim operational control of a producing oil and gas block previously managed by Vedanta, after rejecting Vedanta’s plea for contract renewal. The move, a first in...
India’s banking system liquidity surplus dropped to just ₹70 billion ($794 million) on September 21, the lowest since March, after nearly ₹2.6 trillion exited due to GST and income tax payments. Analysts, however,...
Indian government bonds slipped slightly on Tuesday as traders waited for the release of the second-half borrowing calendar. The 10-year benchmark yield edged up to 6.4985%, while the rupee hit a record low...
Despite global headwinds from tariffs and immigration curbs, JPMorgan Chase has described India as a “bright spot” in the global economy. Asia-Pacific head Sjoerd Leenart highlighted strong domestic growth, limited export dependence, and...
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