NBFCs’ share of incremental bank credit doubles to 14%
Bank credit surged in FY26, primarily fueled by services and retail sectors. Non-food credit saw a substantial Rs 29.2 lakh crore expansion, with lending to ...
In 4 months, FPI selling in stocks surpasses $20 billion
Foreign investors have offloaded a record $20.6 billion in Indian stocks this year, exceeding 2025’s highest-ever annual outflow. The recent West Asian conflict triggered a ...
Banks should get more active in offshore rupee trade: RBI
RBI Governor Sanjay Malhotra urged Indian banks to become global market-makers, aiming to bring rupee price discovery onshore. This move seeks to counter offshore non-deliverable ...
Car sales surge, SUVs drive growth
India’s passenger vehicle market kicked off the new fiscal year with a robust 27% sales surge in April, reaching approximately 4.5 lakh units. Strong performances ...
Imports drive GST kitty to a record high in April, rises 9%
India’s GST collections hit an all-time high of Rs 2.43 lakh crore in April, fueled by a significant 26% surge in import taxes. Domestic transaction ...
Middle East crisis: Air India to make food optional, help cut price of tickets
Air India is exploring unbundling meals and lounge access on domestic and short international flights to combat rising costs. Passengers could see ticket prices reduced ...
Commercial LPG price hiked again, up Rs 1,331 since Iran conflict started
Commercial LPG cylinder prices have surged by nearly 50%, marking the highest single-day hike by state-owned oil firms. Domestic LPG, petrol, and diesel prices remain ...
West Asia conflict a ‘war’, government firms can invoke ‘force majeure’ clause
The Finance Ministry has declared the West Asia conflict a “war,” enabling government entities to invoke ‘force majeure’ for public contracts impacted by disruptions. This ...
Dollar slides against yen after Japan action, sharpest weekly fall since February
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US raises tariff on EU cars, trucks: Trump claims bloc not complying with trade deal
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