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SBI Chairman Challa Sreenivasulu Setty donated Rs 50 lakh worth of educational infrastructure, AI labs, and e-vehicles under CSR, supporting rural education and self-help groups across Telangana

Telangana Congress government has borrowed over 59% of its annual target in under five months. Experts warn this early borrowing surge could limit financial flexibility amid concerns over lack of new projects

The rupee fell by 8 paise to 85.70 against the US dollar in early trade Thursday, pressured by sustained FII outflows, dollar demand from the RBI, and global risk sentiment. Traders await NFP data and India-US trade deal cues.

Gross foreign direct investment (FDI) inflows remained strong, rising by around 14 per cent to USD 81 billion in 2024-25, from USD 71.3 billion a year ago. However, net FDI inflows moderated to USD 0.4 billion in 2024-25, from USD 10.1 billion a year ago.

RBI Governor Sanjay Malhotra announced a 50 bps repo rate cut to 5.5% amid falling inflation, now at 3.2%. The central bank also slashed CRR by 100 bps in phases, while shifting its policy stance from accommodative to neutral.

As of April 9th, 2025, the RBI reduced the repo rate by 25 basis points (bps). It brought it down from 6.25% to 6.00%. This is the second reduction in 2025, with the previous cut also being 25 bps in February 2025.

The BRS working president cited the report of the Supreme Court-appointed Central Empowered Committee (CEC), which, confirmed financial impropriety and recommended a thorough investigation involving Central agencies. He pointed out that with cities choking, environmental protection is paramount.

The 25 basis points rate cut is expected to boost demand for home, auto, and personal loans, particularly in tier 2 and tier 3 markets, where borrowers are more sensitive to interest rates, said Binod Kumar, MD and CEO of Indian Bank. With retail loans having grown over 18 percent year-on-year, a lower interest rate environment could further drive consumption and strengthen economic momentum.

The present framework limits co-lending to partnerships between banks and non-banking financial companies (NBFCs) to priority sector lending such as agriculture, micro-enterprises and loans to weaker sections

Currently, the transaction limit for UPI stands at ₹1 lakh for both person-to-person (P2P) and person-to-merchant (P2M) payments. However, certain P2M transactions are allowed higher limits, with some capped at ₹2 lakh and others at ₹5 lakh, depending on the use case.

"The RBI has already embarked on a rate cutting cycle and is likely to go in for another 25 basis points reduction in the April monetary policy committee meeting, taking the repo rate to 6 per cent," HSBC Research said

She charged Chief Minister A Revanth Reddy with misleading the public and tarnishing Telangana's image to hide his government's failures

Preity Zinta refutes Kerala Congress' allegations that she had handed her social media accounts to the BJP and got a Rs 18 crore loan waiver

RBI’s change in stance is aimed at supporting growth but expectations must be tempered, given the uncertainties of the global economic environment

This initiative aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure financial services, thereby enhancing trust in digital banking and payment services, says RBI

The rate cut comes for the first time in nearly five years after the last rate reduction in May 2020

Railway Minister Ashwini Vaishnaw says Mumbai suburban network to get new design trains fitted with better features for passenger comfort and reducing overcrowding

Sitharaman rejects criticism that rupee has seen all-round weakness, says Indian currency least volatile against the US dollar among its Asian and global peers

Tagging Amazon, Nirmala Sitharaman, and RBI, Pawan questions why a simple solution couldn't be implemented where any unused balance could be automatically refunded to the linked bank account

Denial of approvals for fresh borrowings, coupled with poor revenue, also spells doom for other schemes, including Indiramma houses, Indiramma Atmeeya Bharosa and ration cards