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Indian regulatory policy, fintech integration, and grassroots startup traction.
NaBFID has obtained approvals from the finance ministry and the Reserve Bank of India to establish a national repository. This repository will offer consolidated information on infrastructure projects for lenders and investors. The platform aims to facilitate…
Cardano's blockchain initiative could revolutionize Indian agriculture by enhancing credit access and insurance for smallholder farmers. The post Cardano registers 100,000 Indian farm lands on blockchain appeared first on Crypto Briefing.
Aarohi Surya left her annual job in Dubai that paid Rs 1.1 crore to start Dancing Cow, a plant-based oat milk brand, in India in 2022. Co-founded with her partner, Anmol Goel, and supported by Rs 65 lakh in personal funds, the startup achieved Rs 2.2 crore in…
The Reserve Bank of India imposed restrictions on Puducherry Co-operative Urban Bank due to financial instability. Customers are limited to withdrawals of Rs 5,000 over the next six months. The bank's recent lack of compliance with supervisory concerns prompt…
The rupee gained 46 paise to 94.45 against the dollar on optimism over a potential India-US trade deal and RBI measures. However, elevated crude prices, foreign outflows and global financial pressures continue to threaten the currency's recovery.
Reserve Bank of India (RBI) Governor Sanjay Malhotra said the duration and extent of the rate hike cycle will be contingent on the actual growth-inflation developments and outlook. The governor and other five Monetary Policy Committee (MPC) members voted to r…
The Indian economy is projected to maintain a growth rate of 7.1% for the year 2026-27. This projection is an increase from the previously estimated 6.7%. RBI governor Sanjay Malhotra noted that inflationary pressures are rising, which could impact the growth…
Former RBI Governor D Subbarao has said India must make economic growth more employment-intensive, warning that rapid output expansion alone cannot deliver a demographic dividend. He called for greater private investment, labour-intensive manufacturing and im…
The Indian rupee experienced a notable increase as Jio Platforms' IPO attracted significant foreign investments. Despite this strength, rising oil prices raised concerns among traders about the rupee's sustainability. The rupee closed at 94.46 against the dol…
Official says exchange rate should absorb shocks; RBI interventions offer limited near-term benefit
Sustaining economic growth of 7 per cent or more will require stronger private investment, labour-intensive manufacturing, better human capital and deeper integration into global value chains, former RBI Governor D Subbarao has said. Subbarao also said that t…
The issue size has been reduced to ₹1,200 crore from the ₹1,500 crore proposed in the Draft Red Herring Prospectus (DRHP) filed with SEBI in January
The rupee appreciated 29 paise to 94.62 against the US dollar in early trade on Wednesday, supported by positive sentiments in the domestic market and support from the RBI. Besides, the rupee got a boost from the foreign dollar inflows tied to the Jio IPO, wh…
Indian government bonds experienced a significant decline due to rising oil prices, raising concerns about inflation among investors. The benchmark bond yield has reached its highest point since March, leading to a more cautious trading environment. Additiona…
Bank holiday today: Bank branches will be closed on October 21, 2026, in several Indian states for Vijaya Dasami festivals. Customers are advised to check the Reserve Bank of India's holiday list before their visits. Digital banking services such as mobile ba…
The SP Group has not withdrawn the proposal, which was placed before the Tata Sons board by Noel Tata at its last meeting, the people said. The subsequent Reserve Bank of India (RBI) directive requiring Tata Sons to pursue a listing has not altered the group'…
The Indian rupee, currently trading at 94.81 to the dollar, was Asia’s worst-performing currency till a week ago, declining 7 per cent over the past nine months (following a 5 per cent decline over calendar 2025), before a spate of RBI measures helped the cur…
UPI transformed merchant payments from a cash-and-change routine into a low-cost digital habit. As India reconsiders MDR, the challenge is to fund future innovation and cyber resilience without undermining adoption.
The Reserve Bank of India issued a standardized checklist to major banks last week, requiring detailed information on overseas direct investments exceeding $1 billion
The Reserve Bank of India is implementing stricter scrutiny on large overseas direct investments by Indian companies. Banks must now collect and present detailed information regarding these investments to the RBI. This initiative aims to prevent potential los…
The Reserve Bank of India is implementing stricter scrutiny on large overseas direct investments by Indian companies. Banks must now collect and present detailed information regarding these investments to the RBI. This initiative aims to prevent potential los…
CBI gets SMPP CEO Ashish Kansal’s custody till Oct 23; Munitions India Ltd executive director B R Anil Kumar and brother sent to judicial custody in defence bribery case.
Anand Mahindra praised India’s startup ecosystem, highlighting companies including Ethereal Machines, Pranos Fusion Energy and Scimplify. He said young entrepreneurs are developing advanced manufacturing, fusion and chemical technologies that could help India…
Official Reserve Bank of India exchange rates - 6 currencies vs INR, history since 2003. Keyless, zero-dependency Python client.
Official Reserve Bank of India exchange rates - 6 currencies vs INR, history since 2003. Keyless, zero-dependency Python client.
Flipkart-owned fintech company Super.money is now among the top five UPI apps in India. This and more in today’s ETtech Top 5.
Even Healthcare has raised $50 million in a funding round led by Khosla Ventures, as the Indian startup seeks to change how hospitals in the world’s most populous country make money and how doctors are rewarded. The all-equity Series B round also saw particip…
Indian government bonds may weaken as elevated oil and a hawkish RBI push yields higher, with the 2036 bond likely trading 7.37-7.42%.
MUMBAI: Visa, the world’s largest payments network, is expanding its focus in India towards affluent consumers, cross-border spending and higher-value
Bank holiday today: Several Indian states observe a bank holiday in celebration of various festivals, including Mahanavami. Nevertheless, banks may remain open in some regions, so it's prudent to verify local operations. Customers can still access digital ban…
Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments Interface (UPI) system will apply a small fee on all transactions greater than 2,000 rupee…
Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments Interface (UPI) system will apply a small fee on all transactions greater than 2,000 rupee…
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.