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Reserve Bank of India recently clarified the applicability of foreign exchange risk reserve for banks. The requirement does not apply to banks engaging in market-making or proprietary trading. It will also not affect interest on External Commercial Borrowings…

Reserve Bank of India recently clarified the applicability of foreign exchange risk reserve for banks. The requirement does not apply to banks engaging in market-making or proprietary trading. It will also not affect interest on External Commercial Borrowings…

MUMBAI: RBI has cautioned account aggregators (AAs) against monetising customer data and stressed the need to preserve neutrality in the consent-based

The rupee concluded the day on Thursday with a gain of 10 paise, reaching 95.05 against the dollar. This strengthening occurred as forward premiums climbed to levels not seen in more than four years, creating a climate of uncertainty. The Reserve Bank of Indi…

The rupee concluded the day on Thursday with a gain of 10 paise, reaching 95.05 against the dollar. This strengthening occurred as forward premiums climbed to levels not seen in more than four years, creating a climate of uncertainty. The Reserve Bank of Indi…

The Reserve Bank of India (RBI) has issued a warning to account aggregators regarding the monetization of customer data, emphasizing the critical need for obtaining customer consent. The RBI aims to improve interoperability and standardize data formats for sh…

The Reserve Bank of India issued clarifications on its recent measures to support the rupee. This followed concerns about tighter hedging rules and cash margins on certain derivatives. Several lenders have held back on quoting dollar-rupee forwards due to con…

Sriharsha Majety pursued engineering and MBA before starting an investment banking career in London. After leaving his job, he travelled overland to explore the startup ecosystem in India. He co-founded Bundl, an e-commerce logistics solution, but shifted foc…

The charges, delayed until after Deepavali, could prompt some retailers to encourage other payment methods, even as experts argue they are needed to sustain the fast-growing network.

Indian market and bank holidays and business day adjustment (NSE, BSE, MCX, RBI city bank calendars) via the marketholidays.in API.

Indian market and bank holidays and business day adjustment (NSE, BSE, MCX, RBI city bank calendars) via the marketholidays.in API.

Sebi is planning comprehensive reforms covering IPO disclosures, SME listings, corporate bond trading, and short-selling rules to ease compliance and safeguard investors. Speaking in Mumbai, Chairman Tuhin Kanta Pandey also outlined key initiatives, including…

Foreign Investment in Indian Banks: While India allows substantial FDI in private sector banks, the RBI regulates who can own them, how much voting power shareholders can exercise and how much equity promoters can retain over time

The RBI can raise its emergency lending rate for banks, making funds more expensive and tightening liquidity to support the rupee

SEBI Grade A Recruitment 2026 is set for revised eligibility rules following the Securities and Exchange Board of India (Employees’ Service) (Second Amendment) Regulations, 2026. The changes cover General stream educational qualifications, minimum graduation …

Securities and Exchange Board of India is proposing changes to initial public offering regulations for small and medium enterprises. The changes aim to reduce the overall costs associated with raising capital through IPOs. Proposed improvements include loweri…

The Cabinet Committee approves Canadian billionaire Prem Watsa-led firm's bid; deal requires RBI and other regulatory clearances.

Crypto remittances from Canada to India, China and the Philippines surged 141% to $2.36 billion, with Philippine transfers reaching $61 million, Chainalysis found.

India SME Forum has asked the RBI to suspend recurring EDF filings for micro and small service exporters for 90 days while a simpler compliance mechanism is finalised

New Delhi [India], October 14: Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited (“Axis Max Life” / “Company”), has partnered with Tata Fintech, a subsidiary of Tata Digital, to expand the portfolio of life insurance soluti…

Indian government bonds are currently facing notable losses, pushing the 10-year yield to its highest since March 2023. This downturn comes in the wake of hawkish remarks from Reserve Bank of India Governor Sanjay Malhotra about financial stability. Additiona…

Indian startup Scimplify has raised $25M led by Hitachi Ventures to supply specialty chemicals and critical materials outside China, with German customer Henkel joining as an investor. The new production network is going to the US and Japan, not Europe. Scimp…

On Monday, the Royal Swedish Academy of Sciences awarded the 2026 Nobel Prize in Economics to Robert E Hall of Stanford University and Michael Woodford of Columbia University for showing how governments and central banks can steady an economy hit by shocks. C…

As manufacturers across industries strive to reduce their reliance on Chinese suppliers, Indian startup Scimplify has raised $25 million to expand its AI-powered approach to producing specialty chemicals and critical materials, with semiconductors, defense an…

Astranova Mobility's lending subsidiary, Novafusion Capital, receives approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Institution (NBFC). The firm targets ₹5000 crore in assets under management (AUM) over the next five year…

Indian government bonds faced a downturn, attributed to soaring oil prices and statements from the Reserve Bank of India. The yield on the benchmark 6.94% 2036 bond rose following the central bank's recent rate hike. Geopolitical tensions involving Yemen and …

Barclays plans to restart its equity capital markets business in India after nearly a decade, targeting the country’s booming IPO market. Strong fundraising demand, robust retail investment flows and startup growth offer opportunities. With hundreds of compan…

The rupee appreciated 44 paise to 94.92 against US dollar in early trade on Wednesday, supported by Reserve Bank of India interventions designed to ease near-term dollar demand and limit speculative foreign exchange exposure. Forex traders said the USD/INR pa…

Rubio's India visit may shift energy dynamics, influencing U.S. political outcomes and economic conditions amid global market fluctuations. The post Rubio to visit India next week to boost energy cooperation, investment appeared first on Crypto Briefing.

MUMBAI: Amid pushback from industry, National Payments Corporation of India (NPCI) has deferred the rollout of merchant discount rate (MDR) on select UPI

MUMBAI: The rupee rose 49 paise to close at 95.28 per dollar on Tuesday from 95.77 in the previous session, outperforming Asian currencies after RBI

New Delhi: In a major relief to UPI users, the decision to levy a Merchant Discount Rate of 0.4 per cent on transactions over Rs 2,000 has been deferred, with NPCI on Tuesday saying a new date for the...

No form of technology should be "artificially paused" and the need is to stay vigilant and think ahead on how to work with AI, so that innovation isn't stifled while the right governance and usage are built around it, IBM India and South Asia Managing Directo…

The Securities and Exchange Board of India (SEBI) on Tuesday extended a temporary relaxation that allows companies planning to launch initial public offerings (IPOs) to revise the size of their fresh issues without filing fresh draft documents, providing grea…

One thought process is that the RBI should allow the market forces to let the rupee find its levels. Indeed the IMF recently said that India should allow the exchange rate to act as a shock absorber. Interestingly, RBI governor Sanjay Malhotra believes that t…

Indian fintech funding rose 14% to $2.2B in 9M 2026 despite 41% fewer deals, led by late-stage rounds in Digital Lending and Payments.