RBI Appoints Gunveer Singh as Executive Director
The Reserve Bank of India has appointed Gunveer Singh as Executive Director to lead the Department of Payment and Settlement Systems, effective immediately.
Category : Banking
RBI Decides Against Activating Countercyclical Capital Buffer
The Reserve Bank of India has decided not to activate the countercyclical capital buffer (CCyB), citing current financial conditions do not warrant additional capital requirements for banks.
Odisha Headmaster Arrested for Rs 5,000 Bribe from Watchman
Vigilance sleuths in Kendrapada arrested headmaster Raghunath Das for demanding and accepting a Rs 5,000 bribe from a night watchman to process his arrear salary.
Stock Markets End Higher on IT Buying
Indian stock markets closed marginally higher on Monday, led by buying in IT stocks. The BSE Sensex rose 77 points to 75,315, recovering from a sharp intraday fall.
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Rupee May Slide to 100 per USD Amid Persistent Pressure
Experts warn the Indian rupee may depreciate to 100 per US dollar due to global headwinds, rising crude prices, and FII outflows, adding to economic concerns.
Fuel Prices Rise: Petrol, Diesel, CNG Up by Rs 3
Fuel prices in India have increased by Rs 3 per litre for petrol, diesel, and CNG due to rising global crude oil prices amid Middle East tensions. Check city-wise rates.
Merck Foundation 1000 Scholarships for Hypertension Diabetes Experts
Merck Foundation announces 1000 scholarships for future hypertension and diabetes experts from 52 countries to mark World Hypertension Day 2026.
Rupee Hits Record Low of 96.25 Against US Dollar
The Indian rupee fell to an all-time low of 96.25 against the US dollar in early trade, driven by strong dollar demand and global economic uncertainties.
Stock Markets Slump on Surging Oil Prices Amid West Asia Tensions
Indian stock markets opened lower on Monday as oil prices surged due to escalating tensions in West Asia, raising concerns over inflation and economic growth.
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Sensex, Nifty Open Deep in Red on Weak Global Cues
Indian stock markets opened sharply lower on Monday, with Sensex falling over 500 points and Nifty below 17,500, tracking weak global cues and rising crude oil prices.
Sensex Crashes 833 Points, Rupee at New Low
Indian stock markets plunged with Sensex falling 833 points to 74,405 and Nifty dropping below 22,500. Rupee hit a record low of 87.95 against the US dollar amid global sell-off and FII outflows.
Tata Steel Shares Drop 5% Despite Q4 Profit Surge
Tata Steel shares fell 5% even as the company reported a more than two-fold jump in Q4 net profit to Rs 2,965 crore. Revenue rose 8% YoY to Rs 58,688 crore, driven by strong domestic demand and cost efficiencies.
Rupee Falls to Record Low of 96.20 Against Dollar
The Indian rupee plunged to an all-time low of 96.20 against the US dollar in early trade on Monday, driven by strong demand for the greenback and weak domestic equities.
Sensex Tumbles 430 Points, Nifty Below 23,500 on Mideast Tensions
Indian stock markets opened sharply lower on Monday as fresh escalation fears in the Middle East triggered a sell-off, with Sensex falling 430 points and Nifty slipping below 23,500. IT, metal, and power stocks led the decline.
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Dividend Stocks and Stock Splits: Key Shares Ex-Date This Week
Several companies including ITC Hotels and PowerGrid will trade ex-dividend and ex-split this week. Check the record dates and amounts for these corporate actions.
Muthoot Fincorp Plans Rs 4,000 Crore IPO and Share Split
Muthoot Fincorp's board approved a Rs 4,000 crore IPO and a 1:5 share split. The company reported strong FY26 results with AUM of Rs 73,448.8 crore.
KV Kamath on India's growth, banking, and fintech
Veteran banker KV Kamath discusses India's growth trajectory, banking reforms, fintech challenges, and the need for conservation amid global headwinds.
Equity Markets Likely to Remain Sideways Amid Pressures
Equity markets are expected to trade sideways due to geopolitical tensions, foreign outflows, and high crude oil prices. Analysts advise caution.
RBI's Payments Vision 2028: Structural Redesign
RBI's Payments Vision 2028 introduces structural reforms in cross-border payments, including dedicated reports, ecosystem review, and streamlined authorisation processes.
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Post Office Rules Changed: PAN, TDS, Reporting Updates
India Post has revised transaction rules effective April 1, 2026, aligning with new Income Tax Rules. Key changes include PAN, TDS, and reporting updates that customers must know.
43 Defective Nozzles Seized at 25 Petrol Pumps in Jaipur
Rajasthan's consumer affairs department seized 43 defective nozzles at 25 petrol pumps across seven districts, causing monthly losses of Rs 4 lakh to consumers.
Banking Frauds Hit Rs 36,729 Crore in 9 Months
India's banking sector reported frauds worth Rs 36,729.45 crore in the first nine months of FY 2025-26, with 17,574 cases across 56 banks, RBI data shows. PNB suffered the highest loss.
Gurgaon Man Arrested for Cheating Firms of Rs 3.5 Crore
Saurabh Goyal, 24, was arrested for allegedly cheating over 20 companies of Rs 3.5 crore by procuring goods on credit, selling them, and issuing bounced cheques.
Amritsar Man Duped of Rs 10 Lakh, One Booked
A man in Amritsar was cheated out of Rs 10 lakh by a fraudster who promised a lucrative business deal. Police have registered a case against the accused.
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Amit Shah: Gujarat Dairy Sector Empowers Women Entrepreneurs
Union minister Amit Shah said Gujarat's dairy sector has empowered women, with 36 lakh women producing 3 crore litres of milk daily. He inaugurated a new Madhur Dairy plant.
Gujarat ATS, Crime Branch Seize 180kg Silver at Rajkot Airport
Gujarat ATS and Rajkot Crime Branch intercepted 180kg silver worth Rs 5 crore at Rajkot Airport over suspected tax evasion. Case handed to GST department.
Haryana Police Reports 38% Drop in Crimes Against Women
Haryana Police recorded a 38% decline in crimes against women in 2025, from 13,945 cases in 2024 to 8,723. DGP Ajay Singhal credits multi-layered safety strategies including 33 women police stations and Durga Shakti force.
ED Summons GMADA Chief in Rs 150 Crore Money Laundering Case
The Enforcement Directorate has summoned the GMADA chief administrator in a Rs 150 crore money laundering probe linked to land use approvals for two real estate projects in Mohali.
Two Held for Selling Hired SUV in Gurugram
Two men were arrested in Gurugram for allegedly selling an SUV they had hired for a two-day trip. The vehicle was recovered, and the suspects were produced in court.
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IDFC FIRST Bank Launches Business Multiplier Credit Card
IDFC FIRST Bank launches a secured Business Multiplier Credit Card for entrepreneurs, offering lower interest rates, zero forex markup, and 100% credit limit against fixed deposits.
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