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Home  Business

Business

RBI in ‘wait and watch’ mode amid West Asia crisis: Governor Sanjay Malhotra

RBI in ‘wait and watch’ mode amid West Asia crisis: Governor Sanjay Malhotra

  • Opinion: India’s Budget still undervalues orange economy

    In a world where narrative, design, and creativity shape global influence as much as steel and silicon, investing in orange economy is not indulgence but strategy
  • Editorial: Much ado about India’s GDP rankings

    Rankings will eventually take care of themselves if incomes rise, opportunities expand, and inequality narrows; otherwise, even a higher place on the global table will mean nothing
  • Rupee falls 25 paise to settle at 93.16 against US dollar 

    The rupee fell 25 paise to 93.16 against the United States dollar amid West Asia tensions and rising crude concerns. Disruptions near the Strait of Hormuz increased dollar demand, keeping the local currency under pressure despite earlier gains
  • India, US begin crucial trade talks

    India and the United States began fresh trade talks in Washington to finalise an interim bilateral deal amid shifting tariff policies. Both sides aim to resolve disputes on tariffs, market access and investigations, with negotiations seen as key to broader economic ties
  • SEBI slashes minimum investment in social impact funds to Rs 1,000

    Securities and Exchange Board of India slashed minimum investment in social impact funds to Rs 1,000 from Rs 2 lakh, aiming to boost retail participation in Social Stock Exchanges. The move seeks to democratise impact investing and improve funding access for nonprofits
  • China calls Hormuz international waterway; Xi presses for reopening 

    Xi Jinping called for keeping the Strait of Hormuz open for global shipping, stressing it as an international waterway amid Iran–US tensions, energy concerns, and rising regional conflict affecting trade and navigation security
  • Mega steel project set to boost India’s manufacturing push

    POSCO and JSW Steel signed a $7.3 billion joint venture to build a 6-million-ton steel plant in Odisha, strengthening industrial cooperation and global supply chains between South Korea and India
  • Samsung chief clicks selfie with Modi, S. Korean President at Noida

    Samsung Executive Chairman Lee Jae-yong took a selfie with Narendra Modi and South Korean President Lee Jae Myung during a Noida luncheon, highlighting India–Korea industrial ties, Samsung’s manufacturing base, and growing business cooperation
  • Indian markets end flat as West Asia tensions weigh on sentiment

    Indian equity markets ended flat on Tuesday as rising tensions in West Asia and concerns over the US-Iran situation weighed on investor sentiment, offsetting early gains. Analysts said global developments continue to influence short-term market direction despite supportive domestic fundamentals
  • South Korean President calls India key global growth leader

    Lee Jae Myung praised Narendra Modi’s Viksit Bharat 2047 vision, as India and South Korea agreed to deepen cooperation in trade, technology, defence, and clean energy through upgraded economic frameworks and new institutional mechanisms
  • Users can now check CIBIL score on BHIM app

    The BHIM app will now allow users to check their CIBIL Score and credit report following a tie-up with TransUnion CIBIL. The feature aims to improve financial awareness while maintaining user consent and data privacy
  • India, South Korea to champion peaceful Indo-Pacific: Modi

    New Delhi: Prime Minister Narendra Modi said on Monday that India and South Korea share a common outlook for the Indo-Pacific and will continue to contribute towards a peaceful, progressive, and inclusive region, adding that both nations convey a message of peace and stability amid global tensions. Addressing a joint press meet with South Korean […]
  • Govt eyes big push for flex fuel vehicles amid turmoil in global oil market

    Government of India plans to promote flex-fuel vehicles and higher ethanol blending up to 85 percent, holding stakeholder meetings to reduce crude oil imports, enhance energy security, and respond to global oil market disruptions driven by Middle East conflict ongoing
  • India, New Zealand set to sign landmark FTA in New Delhi

    New Delhi will host the signing of the New Zealand-India Free Trade Agreement on April 27 after legal verification, with Todd McClay highlighting expanded market access, major tariff cuts, and economic gains for New Zealand exporters
  • India, South Korea discuss resuming CEPA upgrade talks, boosting cooperation in green energy: Piyush Goyal

    India and South Korea discussed reviving CEPA upgrade talks to boost trade cooperation in green energy, digital trade, and industry. Piyush Goyal highlighted stronger economic ties during meetings linked to President Lee Jae Myung’s visit
  • RBI opens premature redemption window for sovereign gold bond 2020-21 series VII

    The Sovereign Gold Bonds (SGB) 2020–21 Series VII has opened early redemption, offering over 200% returns as gold prices surge. The Reserve Bank of India fixed payout at ₹15,254 per unit for eligible investors
  • Sensex, Nifty turn volatile amid West Asia tensions and rising crude prices

    Benchmark indices Sensex and Nifty turned volatile after early gains as rising crude oil prices and geopolitical tensions in West Asia unsettled investors. Analysts expect continued market fluctuations amid concerns over supply disruptions and uncertainty surrounding the Strait of Hormuz situation.
  • Rupee gains 13 paise in early trade as crude prices fall amid easing geopolitical tensions

    The rupee appreciated by 13 paise against the US dollar in early trade, supported by falling crude oil prices and RBI measures. However, forex traders expect volatility to persist amid geopolitical tensions following Iran’s closure of the Strait of Hormuz.
  • Crude oil prices near $100 as Iran tightens Hormuz control, ceasefire doubts rise

    Global oil prices surged near $100 as West Asia tensions escalated, with Brent Crude and WTI Crude rising sharply after Iran’s Strait of Hormuz warning. Market volatility increased, dragging Indian indices lower despite mixed global equity performance trends
  • Indian Handlooms get global makeover at Femina Miss India pageant

    The Ministry of Textiles and NIFT unveiled the "Vishwa Sutra" collection at the 61st Femina Miss India in Bhubaneswar, showcasing 30 handloom weaves from across India reinterpreted with design inspirations from 30 countries. The initiative aims to position Indian handlooms as globally relevant while preserving their authenticity.
  • Global tech layoffs cross 73,000 in early 2026 as firms shift to AI

    Global technology companies have laid off over 73,000 employees in early 2026 as they cut costs and shift focus to artificial intelligence. Firms including Snap, Meta and Oracle are restructuring operations, with more job losses expected across white-collar roles
  • India uses AI with digital infrastructure to empower rural communities

    India is integrating artificial intelligence with digital infrastructure, local-language systems and governance safeguards to improve rural access. A report says the approach focuses on low-cost solutions, enabling farmers and village institutions to use AI directly and address real-world challenges
  • Beer industry in major trouble due to rising costs and price curbs: UBL CEO

    United Breweries CEO Vivek Gupta said the Indian beer industry is facing major challenges due to rising input costs, supply shortages and pricing restrictions, urging government support to sustain growth, manage costs and prevent supply disruptions in the sector
  • Akshaya Tritiya may see Rs 20,000 crore gold and silver trade despite high prices

    Akshaya Tritiya is expected to generate over Rs 20,000 crore in gold and silver trade despite rising prices, with consumer behaviour shifting towards lightweight jewellery and alternative investments, even as overall consumption volume shows a decline
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