Trump’s 50% steel, aluminium tariffs seen as ‘minor impact’ for India: Steel minister HD Kumaraswamy
India anticipates a limited effect from President Trump’s proposed steel and aluminium tariff increase due to relatively low export volumes to the US. While the ...
Rs 2000 notes worth Rs 6,181 crore still in circulation after two years of withdrawal, says RBI
The Curious Case of the Missing 2000 Rupee Note: A Mystery Still Unfolding Remember the Great 2000 Rupee You might be thinking, “So what? It’s ...
GST collections up 16%, fastest since Oct 2022
Goods and Services Tax (GST) collections in India surged by 16.4% to ₹2.01 lakh crore in May, marking the fastest expansion since October 2022, propelled ...
Bank loans to NBFCs slows sharply
Bank lending to NBFCs experienced a sharp slowdown in April, contributing to an overall moderation in bank credit growth. While lending to large industries also ...
UPI transactions hit new high in May but cash still thriving
Despite the surge in UPI transactions, cash usage, particularly the Rs 500 note, remains surprisingly high in India, reaching record levels. This phenomenon is attributed ...
EY India chairman Memani is new CII president
Rajiv Memani, EY India Chairman and CEO, has assumed the role of president at CII, succeeding Sanjiv Puri of ITC. This transition occurs as India ...
RBI likely to cut repo rate by 25 bps on June 6 amid low inflation, say experts
The Reserve Bank of India is anticipated to cut rates for the third consecutive time by 25 bps on June 6, driven by low inflation ...
May sees record Rs 19,860 crore FPI inflow, highest in 2025: NSDL
Indian markets experienced a surge in foreign portfolio investments during May 2025, reaching Rs 19,860 crore, marking the strongest month for inflows this year. Despite ...
Metropolitan bank branches lose ground in credit, falls to 58.7% from 63.5% in five years: RBI
RBI’s recent report reveals a shift in credit distribution, with metropolitan bank branches’ share declining to 58.7% in March 2025, from 63.5% five years prior, ...
Indian bond market strengthens as inflation eases and anticipated RBI rate cuts: Jefferies
Jefferies reports a positive outlook for Indian bonds due to falling inflation and anticipated RBI rate cuts. India’s 10-year government bond has significantly outperformed US ...
