SWAMIH Fund Completes 61,000 Homes in Stalled Projects
The SWAMIH Fund has delivered a major breakthrough for homebuyers across India. This government-backed stress fund has successfully completed over 61,000 homes in stalled projects as of December 15. It…
Rupee Gains Against Dollar Amid Global Tensions
The rupee rose 18 paise to 90.12 against the US dollar in early trade on Tuesday. This uptick was supported by a weaker greenback and lower global crude oil prices.…
Rupee Falls to 89.90 Against Dollar Amid FPI Outflows
The rupee declined by 15 paise in early trade on Wednesday, opening at a weaker 89.90 against the US dollar. This drop continues a trend influenced by foreign fund movements…
BRICS Alliance Challenges US Dollar Dominance
India is set to take over the BRICS presidency on January 1, 2026. This milestone arrives as American policies have inadvertently drawn India, Russia, and China closer together. This convergence…
Telangana Seeks FRBM Exemption for Education Loans
Chief Minister A Revanth Reddy has made a significant appeal to the Union government. He is seeking a crucial exemption for education-related borrowings. This request specifically targets the Fiscal Responsibility…
HDFC Bank Gets RBI Nod for 9.5% Stake in IndusInd Bank
HDFC Bank has secured a significant regulatory green light. The Reserve Bank of India has approved the bank’s group entities to collectively hold up to a 9.50 percent stake in…
Rupee Hits Record Low: Government Explains the Fall
Everyone has been asking the same question lately. Why has the Indian rupee fallen so sharply against the US dollar? The issue even made its way to Parliament, where the…
Rupee Nears All-Time Low Amid Fragile Risk Tone
The Indian rupee is poised to dip at Monday’s open, trading with a heavy tone. Pressure mounts from weak risk appetite and lopsided flows. This follows back-to-back sessions where the…
SBI Aims to Double YONO App Users to 20 Crore in Two Years
State Bank of India Chairman C S Setty has announced a bold new target. The bank aims to double its YONO app user base to 20 crore over the next…
FPIs Continue Equity Selling Spree, 2025 Outflows Hit Rs 1.6 Lakh Crore
Foreign Portfolio Investors are not letting up on their selling spree in Indian equities. They pulled out a hefty Rs 17,955 crore in just the first two weeks of December.…