Indian lenders have asked the Reserve Bank of India (RBI) to relax several liquidity norms to help free up funds for lending, as loan demand continues to grow faster than deposits, according to people familiar with the matter. Banks have sought permission to unlock part of the cash they are required to park with the […]
Indian banks seek RBI relief on liquidity rules to support credit growth Read More »
US President Donald Trump’s claim that India will buy $500 billion worth of American energy, agricultural products, coal and other goods under a newly announced trade deal has sparked sharp questions over the feasibility of such a commitment. So far, neither side has released the fine print of the agreement. India has also not publicly
Trump’s $500-Billion India Purchase Claim Raises Questions Over Trade Math Read More »
Finance Minister Nirmala Sitharaman on Sunday presented her ninth consecutive Union Budget, creating history. In her direct tax announcements, the Finance Minister said there will be no change in income tax rates or slabs in Budget 2026, offering stability but no immediate relief to taxpayers. However, the Budget proposed a sharp increase in taxes on
Finance Minister Nirmala Sitharaman on Sunday presented her ninth consecutive Union Budget, creating a record in India’s parliamentary history. Ahead of the presentation, Sitharaman followed established tradition by visiting the finance ministry at Kartavya Bhavan and calling on President Droupadi Murmu. As the Union Budget 2026 is unveiled, expectations are high, especially around income tax
Union Finance Minister Nirmala Sitharaman is set to present the Union Budget for the financial year 2026–27 (FY27) in the Lok Sabha on Sunday, February 1, marking a rare instance of the Budget being presented on a Sunday. The Budget speech is keenly watched by households, businesses and financial markets as it outlines key policy
Union Budget 2026: When, Where and How to Watch Nirmala Sitharaman’s Budget Speech Live Read More »
For millions of Indian households, buying a home remains the single biggest financial decision of their lives. Data from the Economic Survey 2025–26 shows just how dramatically this choice has reshaped household finances over the past decade. Outstanding individual housing loans have more than tripled, rising from around ₹10 lakh crore at the end of
Housing Loans Surge Signals Deepening Financialisation of Indian Home Ownership Read More »
India’s economy is projected to grow between 6.8 per cent and 7.2 per cent in the 2026–27 financial year, according to the Economic Survey presented in the Lok Sabha by Finance Minister Nirmala Sitharaman on Thursday. The estimate is lower than the 7.4 per cent growth projected for the current financial year, pointing to a
India’s Economy Seen Growing 6.8–7.2% in FY27: Economic Survey Read More »
Maharashtra Deputy Chief Minister Ajit Pawar was killed in a plane crash on Wednesday, India’s aviation regulator, the Directorate General of Civil Aviation (DGCA), has confirmed. The aircraft, which had taken off from Mumbai, crash-landed at Baramati airport, Pawar’s constituency. Two members of his staff and two crew members on board the plane were also
Maharashtra Deputy Chief Minister Ajit Pawar Killed in Plane Crash Read More »
For much of last year, discounted Russian crude accounted for the bulk of India’s oil imports, providing a crucial financial lifeline to Moscow while significantly reducing New Delhi’s import bill. Although US threats, tariffs and sanctions triggered months of disruption, Russian oil supplies to India have proved far more resilient than many market participants had
Russian Oil Flows to India Remain Resilient Despite US Pressure and Sanctions Read More »
India is planning to sharply reduce tariffs on cars imported from the European Union, cutting duties to 40 per cent from levels as high as 110 per cent, in its biggest move yet to open up the domestic auto market, sources said. The step comes as India and the EU near the conclusion of a
India Plans Sharp Cut in EU Car Import Tariffs Ahead of Landmark Free Trade Pact Read More »
