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The Securities and Exchange Board of India (SEBI) has lately initiated a rash of reforms that make it easier for domestic companies to launch IPOs (Initial Public Offers) in uncertain markets. Last week, it mooted draft regulations seeking to substantially ti…

Axis Bank credit card holders can now tap to pay using biometrics without PIN or OTP, though the launch excludes UPI integration and RuPay support.

Shadow economy drives demand for physical currency as new charge could hit popularity of the UPI digital payments interface

Rubio's visit may signal shifts in U.S.-India energy ties, potentially impacting oil prices and influencing U.S. political dynamics. The post Rubio to visit India’s largest oil refinery amid US diesel price surge appeared first on Crypto Briefing.

Axis Bank's digital payments platform Freecharge has received in-principle approval from the Reserve Bank of India. The approval allows Freecharge to operate under PA-O1 and PA-P1 categories starting in FY27. The bank has reported a 34% year-on-year growth in…

Former Dyson India MD Ankit Jain’s startup Foundry has raised ₹12 crore in pre-seed funding. The premium home appliance company plans to launch its first kitchen products in the second half of 2027, using the funds for technology development and product engi…

India’s economy, from one perspective, has a huge leg up on the U.S.: Its workforce is young and growing. “Marketplace” host Kai Ryssdal visited Mumbai to learn what that growth looks like on the ground. In this episode, Kai and ADP Chief Economist Nela Richa…

Software development startup RapidCanvas Inc. today announced that it has raised $29 million in funding. Vertex Ventures SEA & India led the Series B round with contributions from Hitachi Ventures, Accel, Peak XV Partners, Valley Capital Partners and Titanium…

HSBC has deployed more than half of its $1 billion loan commitment to Indian startups within a year of launching its innovation banking platform. The British lender has reported strong demand across consumer technology, e-commerce and enterprise software, and…

All the Indian branches of Emirates NBD will function as branches of RBL Bank Limited with effect from December 01, 2026.

The move consolidates the Dubai-based lender’s Indian operations with RBL Bank after its over ₹26,000-crore acquisition of a 60% stake, as the private lender plans to expand branches and deepen its corporate and wealth businesses.

RBI has approved the merger of Emirates NBD’s Indian branches with RBL Bank from 1 December 2026. The decision follows Emirates NBD’s ₹26,000 crore investment for a 60% stake in RBL Bank, completed in June 2026.

The Reserve Bank of India has approved the merger of Emirates NBD Bank's Indian branches with RBL Bank. This amalgamation will officially take effect on December 1, 2026, according to the central bank's announcement. Emirates NBD Bank initially opened its fir…

The merger follows Emirates NBD’s $2.75-billion capital infusion into RBL Bank, completed in June after regulatory approvals and a mandatory open offer.

The Indian rupee strengthened 1.9% this week to close at 94.96 per dollar, its strongest weekly gain in seven months. Aggressive RBI measures curbed dollar demand, while a weaker dollar index supported the currency despite corporate buying pressure.

The amalgamation will take effect on December 1, 2026, following Emirates NBD's acquisition of a 60 per cent stake in RBL Bank through a Rs 26,000 crore capital infusion

Indian government bonds have experienced ongoing losses for nine consecutive weeks due to RBI's monetary tightening measures. The benchmark 6.94% 2036 bond yield has climbed over 62 basis points during this period, reflecting investor concerns. Additionally, …

Following the Reserve Bank of India’s (RBI) repo rate hike, several banks have increased their Repo-linked Lending Rates (RLLR). With this increase, home and other loans linked to the repo rate at these banks have become costlier. Banks like State Bank of Ind…

India’s foreign exchange reserves fell by $8.578 billion to $726.027 billion in the week ended October 9, according to data released by the Reserve Bank of India (RBI). The decline followed a $12.952 billion drop in the previous week. Foreign currency assets …

Navik Yantrik Enrolled Person Vacancy Recruitment in Coast Guard 2026 Online applications in the prescribed format are invited from Indian Nationals possessing educational qualifications and age as prescribed below from suitable candidates for recruitment …

The strategic transaction of IDBI Bank is expected to be completed by the end of the current financial year, subject to regulatory clearance from the Reserve Bank of India (RBI), DIPAM Secretary Arunish Chawla has said. The successful bidder will submit its t…

RapidCanvas will use the Series B funding led by Vertex Ventures SEA & India to expand its go-to-market and AI engineering teams as investors look to AI-led challengers to traditional services firms.

The Reserve Bank of India (RBI) has of late resorted to a battery of measures to bolster the currency’s value, many of which could exact a high price down the line. It has more straightforward tools at its disposal—it’s time to use them.

On Friday, the Rupee showcased a solid performance, climbing 20 paise to hit 94.79 against the US dollar, building on gains from the previous day aided by a softer dollar and actions by the Reserve Bank of India. Nevertheless, escalating crude oil prices curt…

The Securities and Exchange Board of India has implemented an updated framework for closing auction sessions and derivatives settlement. Under the new guidelines, volume-weighted average prices will be used during the last half-hour of normal trading. Trading…

MUMBAI: Markets regulator Sebi on Thursday revised the process for Closing Auction Session (CAS) that included changing the trading timings and how the

Indian shares set for higher open as US yields fall, SEBI easing rules ease expiry volatility; Nifty eyes 23k+ amid global AI rally and mixed corporate results.

MUMBAI: The mutual fund industry, on verbal instructions from markets regulator Sebi on Thursday evening, stopped fresh inflows into all gold fund of

The rupee has bounced. So why does the RBI seem so worried? Unusually timed announcements, a special dollar window for oil companies and tougher currency trading rules reveal an aggressive effort to arrest the slide. But could making currency protection more …

Indian Bank plans to raise $1bn via ECBs by Dec-end under RBI swap window; board okays Rs 5,000cr infra bonds and Rs 2,000cr AT1/Tier 2 bonds.

India's overall balance of payments showed a surplus of $45.4 billion in August 2026. This significant surplus is attributed to an increase in foreign currency inflows, especially from non-resident Indian deposits. The current account deficit also narrowed sl…

Finance Minister Nirmala Sitharaman held a series of bilateral meetings with her counterparts from the UK, Switzerland and Japan in Bangkok and discussed ways to deepen financial and economic cooperation. In her meeting with UK Chancellor of the Exchequer Joh…

In partnership with Startup India and Nykaa, the program recognizes five winners across in-market beauty brands, early-stage concepts, fragrance innovation, creative design, and women’s entrepreneurship. NEW YORK & MUMBAI, India — The Estée Lauder Companies, …

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