Category: Politics

Dear Readers, “Circumstances change, times change, requirements change, so nothing should be frozen in time,” remarked Reserve Bank of India Governor Sanjay Malhotra this week, offering a glimpse of how the central bank is tackling multiple challenges, from tariffs to a wobbly rupee, amid geopolitical tensions. RBI Guv Sanjay Malhotra First, a sombre note. The torrential […]

New Delhi, The government is considering a proposal for creation of a Rs 20,000 crore risk guarantee fund for the infrastructure sector to push investment by the private sector. The establishment of a risk guarantee fund for the infrastructure sector is expected to attract private sector investment by sharing project risks, thereby reducing the burden on […]

By Trixie Yap SINGAPORE -India’s diesel exports to Europe probably hit an all-time high in September, data from shiptrackers and trade sources showed on Thursday, as traders cashed in on robust profits in the west during a refinery maintenance season. September volumes from Asia’s key swing supplier bound for Europe were at 1.3 million to 1.4 […]

New Delhi, Union Minister for Electronics and IT Ashwini Vaishnaw on Thursday announced that the government has received investment proposals worth Rs 1.15 lakh crore under the Electronics Component Manufacturing Scheme. The scheme was launched to boost domestic production of electronic components and devices in India. “The investment applications of more than Rs 1 lakh crore […]

The central bank Wednesday proposed several customer centric measures such as improving services for basic savings bank deposit (BSBD) accounts and strengthening the ombudsman scheme for regulated entities. BSBD accounts require no minimum balance, provide limited free ATM withdrawals, deposits, and basic facilities. “The bouquet of services of BSBD accounts is proposed to be expanded to, […]

In a move aimed at boosting credit flow to commercial sectors of the economy, the Reserve Bank of India (RBI) has unveiled sweeping reforms, proposing to allow banks to extend acquisition finance and easing risk weights on loans to non-banking financial companies (NBFCs) for operational infrastructure projects, as well as to MSMEs and the residential real […]

Finance minister Nirmala Sitharaman on Wednesday made a case for wider coverage of informal and gig workers through simpler onboarding, stronger pension security for women and early financial literacy in schools and colleges, underlining that this was the way forward for the National Pension System (NPS) and pension reforms. Speaking at the NPS Diwas Conference on […]

Chief Financial Officers (CFOs) across sectors have welcomed the Reserve Bank of India’s (RBI) decision to maintain the repo rate at 5.50% on October 1, 2025, marking the second consecutive pause after a cumulative 100 basis point (bps) rate cut earlier this year. CFOs highlighted that GST reforms, along with policy stability and robust GDP growth […]

The Reserve Bank of India (RBI) has announced that Basic Savings Bank Deposit Account (BSBDA) holders will have free digital banking services. At the end of its three-day Monetary Policy Committee (MPC) meeting that concluded today (Wednesday, October 1, 2025), Reserve Bank of India (RBI) governor Sanjay Malhotra says that the bouquet of services offered to […]

In its September-October policy meeting, the Reserve Bank of India’s Monetary Policy Committee(MPC) decided to keep the repo rate unchanged at 5.5% with a neutral stance. RBI Governor, Sanjay Malhotra said that while inflation has decreased, and growth estimates have been revised upward, the challenges from global trade issues, financial market fluctuations, and geopolitical tensions still […]