Odisha PSUs Hold Rs 3.5K Crore in Unpaid Dividends
An audit by the accountant general has uncovered a staggering Rs 3,593.52 crore in unpaid dividends from state public sector enterprises. This massive amount remains pending due to insufficient monitoring…
Rupee Rebounds 88 Paise from Record Low Against Dollar
The rupee made a remarkable recovery in early trade on Wednesday. It surged 88 paise from its all-time closing low to reach 87.93 against the US dollar. This positive shift…
Modi Govt’s ₹5 Lakh Credit Card for Small Businesses:ME-Card
The Indian government has launched a special credit card for small businesses. This ME-Card initiative was announced by Finance Minister Nirmala Sitharaman. It aims to provide crucial financial support to…
RBI’s Heavy Hand Returns to Support Rupee in Market Defense
The Reserve Bank of India intervened heavily in the currency market on Wednesday to shore up the rupee. Traders noted the move mirrored the central bank’s script from its February…
RBI Rate Cut May Lower Your Home Loan EMIs Soon
The Reserve Bank of India is poised to make a significant announcement in its December monetary policy meeting. A potential repo rate cut could bring relief to millions of borrowers…
Retail Inflation Hits 8-Year Low in September
Retail inflation has dropped to an eight-year low of 1.54 percent in September. This decline places it below the Reserve Bank’s comfort zone for the second time in 2025. The…
India’s CPI Inflation May Stay Below RBI Forecast in FY26
India’s CPI inflation is projected to hold steady at 2.2 percent for FY26, according to SBI Research. This figure falls notably below the Reserve Bank of India’s forecast of 2.6…
Tax Policy Must Speed Up India’s Green Mobility Transition
India’s recent GST rationalization marks a significant step forward for the auto industry. It brings much-needed clarity to a complex tax structure. However, clarity alone will not drive the change…
Rupee’s Modest Recovery Faces Dollar Headwinds Amid Trade Talks
The Indian rupee’s mild recovery, fueled by news of U.S.-India trade talks, is likely to face resistance at open on Tuesday. This comes amid the dollar’s rally and hedging interest…
Retail Inflation Dips to 1.54%, an Eight-Year Low
India’s retail inflation has cooled sharply to 1.54% in September. This marks the lowest rate in eight years. The figure has fallen below the Reserve Bank of India’s lower tolerance…