Economy and policy news

Indian bonds sell off on oil shock ahead of RBI policy minutes

Indian government bonds experienced a significant decline due to rising oil prices, raising concerns about inflation among investors. The benchmark bond yield has reached its…

Monetary Policy

'Not Targeted At India': Rubio Seeks To Calm Nerves On Tariffs And Visa Curbs

The US Secretary of State says the India-US trade deal is "weeks not months" away and that visa changes are part of a global overhaul.

Expert view: Developed markets now offer higher growth and higher ROE, says Waterfield Advisors MD

Waterfield Advisors’ Riddhiman Jain says developed markets currently offer stronger growth and returns, drawing foreign investment away from India. With oil’s inflation impact…

Monetary Policy

‘Not targeted at India…’: Marco Rubio says US is simply trying to fix its tariff and visa systems

Marco Rubio said on one hand the US wants to pressure the warring parties to the table to negotiate an outcome and on the other hand putting other important relationships under…

₹104-crore pilot project, 40 locations: Delhi govt works on new plan to tackle pollution

The project will run for one year initially. Operators have four weeks to install and commission their equipment after site handover.

RBI injects Rs 1 lakh crore as liquidity tightens before festive season

On Monday, the RBI announced a Rs 1-lakh-crore variable rate repo (VRR) auction for the first time since late July after the weighted average call rate (WACR) at 5.67% on Monday…

2 outletsMonetary Policy

The Liquidity Paradox: Why FM Sitharaman Says Deep Cash Pools Accelerate Stock Exits

In an interview with CNBC on the sidelines of the IMF-World Bank meetings in Bangkok, Finance Minister Nirmala Sitharaman said India's deep equity-market liquidity has made it…

Monetary Policy

1 Finance gets Sebi in-principle nod to launch passive-only MF business

The wealth-tech firm plans to launch its MF Lite fund house in Q4FY27 after meeting regulatory requirements, potentially becoming the first AMC under Sebi's new framework

Quarterly Results

Banks tap RBI's first cash auction in 3 months as market rates spike

The operation comes after several months of the central bank absorbing surplus liquidity that hit a record high ‌due to hefty inflows from diaspora deposits ​mobilised to defend a…

Monetary Policy

Truecaller expects $91 million tax claim from India over transfer pricing

A transfer price is the actual price charged in a transaction between related entities, according to Income Tax website

Easy exits hurting Indian stocks: Nirmala Sitharaman explains why equities are underperforming

Finance Minister Nirmala Sitharaman says easy liquidity is allowing investors to exit Indian equities as the Nifty and Sensex struggle to deliver positive returns. Foreign…

2 outletsMonetary Policy

RBI announces $10.5 billion liquidity infusion via repo

The RBI will infuse up to 1 trillion rupees ($10.53 billion) through the operation, which traders said must be to help lenders tide over tax outflows amid tightening of the daily…

Monetary Policy

U-turn from regulator may be new lifeline to Indian derivatives

The return of a stable settlement system in India's equity-derivatives market could signal a promising recovery. Following the tumultuous closure auction process introduced in…

2 outlets

Sebi's CAS rollback may offer new lifeline to Indian derivatives market

The reversal could provide a much-needed boost to a market grappling with regulatory curbs aimed at reining in speculative trading

Excess liquidity weighing on Indian equities, says Finance Minister Nirmala Sitharaman

Benchmark equity indices have declined nearly 12% in 2026, despite resilient economic growth amid trade-related uncertainty and geopolitical disruptions.

Monetary Policy

Tata Sons reviews AoA to meet Sebi listing norms

Tata Sons is reviewing its Articles of Association to comply with Sebi listing regulations, which may impact the influence of Tata Trusts on board appointments. This scrutiny…

3 outlets

Global investors against use of judicial anti-avoidance rule by tax officials

International investors have raised concerns regarding the Indian Income-tax authorities' invocation of the judicial anti-avoidance rule. At a recent meeting, investors…

2 outlets

Tamil Nadu Monsoon Alert: Why Chennai Is Facing Heavy Waterlogging And What IMD Predicts Till Oct 23

The IMD warned of continued rainfall across Tamil Nadu, with very heavy rain possible through Oct. 21. A yellow alert was reported to remain in place through Oct. 23.

India's GDP per capita catching up with richer nations, growth worth celebrating: Korean economist

The economist pointed to India's rising per capita income and a sharp decline in poverty to argue that the country's economic transformation over the past three decades…

Kolkata puja pandal stampede: CM announces ₹25 lakh compensation, govt job for each victim’s family

The Prime Minister has announced that each relative of those who lost their lives in the stampede in Kolkata will be provided with a one-time financial assistance of ₹2 lakh from…

India's $4 trillion economy: Can it beat its 2003-07 growth streak and become No. 3 by 2030?

The scale of India's recent performance becomes clearer when measured over several years rather than through individual quarterly or annual figures. India's post-pandemic…

Festive spending in urban India to drop 6% to ₹1.97 lakh crore amid inflation: Survey

Urban India's festive spending is projected to fall 6% to ₹1.97 lakh crore in 2026, with households budgeting an average of nearly ₹20,000 amid rising inflation and borrowing…

Monetary Policy

India's Forex Reserves Decline By $8.578 Billion to $726 Billion

The value of gold reserves decreased by $1.319 billion to $105.094 billion during the week, the RBI said.

Aggressive RBI measures hand India bonds a ninth weekly loss

Indian government bonds have experienced ongoing losses for nine consecutive weeks due to RBI's monetary tightening measures. The benchmark 6.94% 2036 bond yield has climbed over…

Monetary Policy

DEE Development Engineers signs framework pact with domestic EPC firm for nuclear power sector

DEE Development Engineers Limited announced a framework agreement with a domestic engineering contractor for the nuclear power sector. This collaboration aims to strengthen its…

Sebi's CAS rule change bigger positive for brokers vs exchanges: Jefferies

Jefferies said the decision to use the volume-weighted average price (VWAP) to calculate settlement prices of derivatives contracts on expiry days is a bigger positive for brokers…

India overhauls drug patent guidelines to curb evergreening and speed up cheap generics

The draft guidelines require strict scientific proof of improved therapeutic efficacy for minor drug modifications.

Sky high airfares: Govt to publish new rules within 2 weeks, Centre tells Supreme Court

Appearing for the Union of India, Solicitor General Tushar Mehta informed a three-judge bench that administrative approval for the rules has been granted. He assured the apex…

Mint Explainer| How Sebi’s changes to bonds could help NBFCs

Sebi's changes should give NBFCs greater flexibility to stagger repayments and align their borrowing schedules with the monthly cash flows from their loan portfolios

Nilesh Shah of Kotak says easing tax burden may help attract foreign flows, but won't be enough

According to Shah, global investors are reallocating their portfolios rather than exiting India.