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Observed ahead of Easter, Good Friday marks the crucifixion of Jesus Christ and has long been a day dedicated to mourning, prayer, reflection, and fasting in Christian tradition. New Delhi: Banks in several parts of India will remain shut tomorrow on the occasion of Good Friday, as per the Reserve Bank of India's (RBI) holiday list. Places such as Gujarat, Mizoram, Maharashtra, Karnataka, Madhya Pradesh, Odisha, Tamil Nadu, Uttarakhand, Sikkim, Telangana, Manipur, Arunachal Pradesh, Uttar Prade ...Read More >
It joins six earlier India-flagged LPG tankers- Shivalik, Nanda Devi, Jag Vasant, Pine Gas, BW Elm and BW Tyr, that have crossed the strait since the crisis began Another India-flagged liquefied petroleum gas (LPG) tanker, Green Sanvi, has crossed the strategically vital Strait of Hormuz, offering some relief to India's strained energy supply chain, The Indian Express reported. The vessel moved east of the strait on Friday evening using a corridor through Iranian territorial waters, according ...Read More >
Hyderabad (Telangana) [India], March 31 (ANI): Telangana Jagruthi President Kalvakuntla Kavitha on Tuesday accused the Congress-led Telangana government of deceiving the public by claiming a surplus budget while reportedly accumulating debts worth ₹8.65 lakh crore. Telangana Jagruthi President Kalvakuntla Kavitha, in a post on X, said, "The Congress government has pushed Telangana into a dire situation where it has to borrow from the RBI for the state's daily expenses.. The CAG 2024-25 report ...Read More >
Mumbai: Heightened uncertainty transmitting from the West Asia crisis into India's growth and inflation outlook may compel the Monetary Policy Committee (MPC) of the Reserve Bank of India to hold the benchmark repo rate to 5.25 per cent next week and maintain a neutral stance. The three day policy meeting of the MPC (RBI's rate setting panel) will begin on April 6. Experts also do not expect the central bank to announce any measures for either liquidity or currency management as the central bank ...Read More >
Hyderabad: The state government has placed an indent to raise Rs 18,900 crore through the auction of bonds in the first quarter (April-June) of the new fiscal 2026-27, according to data released by the Reserve Bank of India on Friday. The proposed borrowing forms part of the state government's larger plan to mobilise Rs 73,383 crore through market borrowings during the financial year, as outlined in the State Budget that was recently passed by the Assembly. As per the borrowing calendar submitt ...Read More >
NEW DELHI, April 3 (Xinhua) -- India's foreign exchange (forex) reserves fell by 10.288 billion U.S. dollars to 688.058 billion dollars during the week ended March 27, according to the weekly bulletin released by the country's central bank, the Reserve Bank of India (RBI), on Friday. This was the fourth consecutive week when India's forex reserves had fallen. Over the past four weeks, the country's forex reserves have fallen by over 40 billion dollars. According to RBI data, the foreign curren ...Read More >
NEW DELHI, April 3 (Xinhua) -- India's foreign exchange (forex) reserves fell by 10.288 billion U.S. dollars to 688.058 billion dollars during the week ended March 27, according to the weekly bulletin released by the country's central bank, the Reserve Bank of India (RBI), on Friday. This was the fourth consecutive week when India's forex reserves had fallen. Over the past four weeks, the country's forex reserves have fallen by over 40 billion dollars. According to RBI data, the foreign curren ...Read More >
Kolkata: India's foreign exchange reserve has depleted by another $10.288 billion in the week to March 27 as the Reserve Bank of India is said to be using its dollar stockpile to reduce volatility of the local currency, which is the worst performing this year among Asian peers. The reserves fell to $688.058 billion, the central bank said Friday. Another $11.413 billion was wiped out from the stock in the preceding week. There has been a steady depletion in the reserves ever since the West Asia ...Read More >
Crude oil above one hundred dollars a barrel will push inflation past six percent. This could prompt interest rate hikes. Economists suggest a neutral approach for monetary and fiscal policies. Stimulating demand too early risks high inflation. Policymakers must balance growth and inflation control. Raising fuel prices can help manage the fiscal deficit. Mumbai, Crude oil sustaining above USD 100 per barrel will push the headline inflation above 6 per cent, the upper level of RBI's tolerance ba ...Read More >
The Lok Sabha on Wednesday passed the Jan Vishwas (Amendment of Provisions) Bill 2026, which amends 80 Central Acts to decriminalise offences and replace them with graded civil penalties, by a voice vote. The Bill was introduced in the Lok Sabha on March 27. During the debate, Opposition members questioned the move to convert criminal liability into a penalty, which makes it "easy" for corporations to get away with a fine. They added if the Bill is passed, it would take away the work of the cou ...Read More >
Mumbai: A recent report by HSBC has warned that if crude oil prices remain above USD 100 per barrel, India's inflation could rise beyond 6 percent. This level is the upper limit of the Reserve Bank of India's (RBI) comfort range. According to HSBC economists, if oil prices stay below USD 100 on average, inflation may remain under control. However, if prices stay higher for a longer period, inflation pressure will increase sharply. Risk of Interest Rate Hikes If inflation crosses 6 percent, th ...Read More >
Mumbai: India's forex reserves dropped by USD 10.288 billion to USD 688.058 billion during the week ended March 27, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined by USD 11.413 billion to USD 698.346 billion. The kitty had expanded to an all-time high of USD 728.494 billion during the week ended February 27 this year, before the onset of the West Asia conflict. The rupee has come under pressure since the start of the West Asia c ...Read More >
Mumbai, Apr 3 (PTI) India's forex reserves dropped by USD 10.288 billion to USD 688.058 billion during the week ended March 27, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined by USD 11.413 billion to USD 698.346 billion. The kitty had expanded to an all-time high of USD 728.494 billion during the week ended February 27 this year, before the onset of the West Asia conflict. The rupee has come under pressure since the start of t ...Read More >
The All India Bank Employees' Association (AIBEA) has recently written to Finance Minister Nirmala Sitharaman seeking regulatory intervention and public disclosure following the resignation of HDFC Bank's former Part-time Chairman and Independent Director, Atanu Chakraborty. In its letter, AIBEA expressed concern over the resignation, noting that the resignation letter stated certain "happenings and practices" in the bank were not in line with his personal values and ethics. AIBEA said the dev ...Read More >
Mumbai, Apr 3 (PTI) The Reserve Bank of India's Benchmark Issuance Strategy (BIS) for select states is expected to improve transparency and liquidity in the State Development Loan (SDL) market, say experts. According to market experts, the impact on borrowing costs and yield spreads is likely to be gradual amid the continued heavy supply of state bonds. The central bank has decided to roll out the strategy on a pilot basis from FY27, under which states will issue securities in specific benchma ...Read More >
Bapatla (Andhra Pradesh) [India], April 3 (ANI): In a unique story of compassion and connection, Srilakshmi from Andhra Pradesh's Bapatla district has formed an extraordinary bond with her bulls, treating them as family members and even leading them in competitive arenas--something rarely seen among women. Speaking to ANI, Srilakshmi said, "Usually, in bull race arenas, you don't see women participating. But I felt strongly that if we truly love our bull, we should be able to lead it ourselves. ...Read More >
New Delhi: The Indian rupee depreciation post February 27 is, in fact, in line with other currencies, and better than currencies which appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), indicating that in an uncertain world pushing the limits on rupee depreciation as a shock absorber does not hold beyond an inflection point, according to SBI Research. Interestingly, the Indian rupee depreciated by 6.4 per cent between April 2, 2025 to February 27, 2026. At the ...Read More >
Visakhapatnam (Andhra Pradesh) [India], April 3 (ANI): The advanced stealth frigate INS Taragiri was commissioned by Defence Minister Rajnath Singh on Friday, marking a significant enhancement to the Indian Navy's capabilities. Speaking at the event in Visakhapatnam, Singh described the commissioning as a step to "strengthen our Navy's power, values, and commitment." Also Read | Jharkhand Elephant Attack: 3 Killed in Ramgarh's Gola Block as Wild Herd Tramples Villagers. Highlighting the Navy' ...Read More >
Agartala (Tripura) [India], April 3 (ANI): Tripura Chief Minister Manik Saha criticised the Tipra Motha Party, accusing it of misleading people through slogans such as "Thansa", "Greater Tipraland" and "Puila Jati", and attempting to gain political mileage by exploiting communal sentiments. Addressing a gathering at Kunjaram Para in Paharpur under the Natunbazar-Malbasa constituency ahead of the ADC elections on Friday, Saha alleged that the party was confusing the public with inconsistent posi ...Read More >
New Delhi [India], April 3 (ANI): With energy prices climbing sharply amid escalating hostilities in West Asia, the Central Government has begun mobilising domestic industrial capacity to ramp up production of induction heaters, a key alternative to conventional gas-based cooking and heating appliances. Also Read | RBI Assistant Admit Card 2026 Released at rbi.org.in, Here's How To Download. The Department for Promotion of Industry and Internal Trade (DPIIT) convened a high-level inter-ministe ...Read More >
Thiruvananthapuram (Kerala) [India], April 3 (ANI): The Painkuni Arattu at Thiruvananthapuram International Airport remains one of the world's most unique intersections of ancient tradition and modern infrastructure. This centuries-old ritual, which predates the airport itself, highlights a rare moment where global aviation protocols are paused to honour local heritage, a rare moment where modern aviation gave way to living tradition. Also Read | RBI Assistant Admit Card 2026 Released at rbi.o ...Read More >
New Delhi, March 31: India's foreign‑exchange reserves of over $700 billion are large enough to deter speculative moves and allow the Reserve Bank of India to intervene to stabilise the rupee, a report said on Tuesday. The report from SBI Research said current reserve levels are equivalent to more than 10 months of imports and that short‑term debt is below 20 per cent of reserves, providing room and time to intervene in the market to prop up the rupee if it is so desirable. The research firm ...Read More >
New Delhi, April 3 (SocialNews.XYZ) The Indian rupee depreciation post February 27 is, in fact, in line with other currencies, and better than currencies which appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), indicating that in an uncertain world pushing the limits on rupee depreciation as a shock absorber does not hold beyond an inflection point, according to SBI Research. Interestingly, the Indian rupee depreciated by 6.4 per cent between April 2, 2025 to ...Read More >
Pune (Maharashtra) [India], April 3: Bajaj Finance has enhanced its personal loan offering by introducing an extended repayment tenure of up to 108 months (9 years). This move is designed to give customers greater flexibility in managing their finances. With longer tenures, borrowers can opt for lower monthly instalments that align better with their budget. Also Read | Kerala Lottery Result Today 3 PM Live: Suvarna Keralam SK-47 Lottery Result of April 3, 2026, Watch Lucky Draw Winner List. A ...Read More >
NewsVoir Pune (Maharashtra) [India], April 3: Bajaj Finance has enhanced its personal loan offering by introducing an extended repayment tenure of up to 108 months (9 years). This move is designed to give customers greater flexibility in managing their finances. With longer tenures, borrowers can opt for lower monthly instalments that align better with their budget. A personal loan from Bajaj Finance is designed to help people manage both planned and urgent expenses. Whether it is a medical em ...Read More >
Mumbai: HDFC Bank, one of India's largest private sector banks, has announced that it will hold a board meeting on April 18. In this meeting, the bank will consider a major plan to raise funds over the next 12 months. The bank is looking to raise money through different types of debt instruments. These may include Perpetual Debt Instruments (AT1 Capital), Tier II bonds, and long-term infrastructure bonds. The fundraising is expected to be done through private placement. This means the bank will ...Read More >
NEW DELHI: Economists on Friday said they do not expect any change in repo rate or stance this time amid geopolitical tensions, as the Reserve Bank of India (RBI) gears up for its monetary policy committee (MPC) meeting next week. According to them, the tone will be cautious and what will be eagerly awaited is RBI's forecast of GDP and inflation under the prevailing uncertainty. "We do not expect any measures for either liquidity or currency management as RBI will do whenever required as we ha ...Read More >
The Engineering/Pharmacy Entrance Examination (Computer-Based Test) will be held at selected venues in all Districts in Kerala and in New Delhi, Mumbai, Chennai, Bengaluru and the UAE. The exam will be held on April 17, 18, 19, 20, 21, 22 and 23, 2026. The exam will be held in a single shift from 2 pm to 5 pm. The printout of the admit card thus obtained will have to be produced at the time of examination. The Admit Card will be issued only to those candidates who have selected the Engineering/ ...Read More >
New Delhi, April 3 (SocialNews.XYZ) Economists on Friday said they do not expect any change in repo rate or stance this time amid geopolitical tensions, as the Reserve Bank of India (RBI) gears up for its monetary policy committee (MPC) meeting next week. According to them, the tone will be cautious and what will be eagerly awaited is RBI's forecast of GDP and inflation under the prevailing uncertainty. "We do not expect any measures for either liquidity or currency management as RBI will do w ...Read More >
New Delhi: Economists on Friday said they do not expect any change in repo rate or stance this time amid geopolitical tensions, as the Reserve Bank of India (RBI) gears up for its monetary policy committee (MPC) meeting next week. According to them, the tone will be cautious and what will be eagerly awaited is RBI's forecast of GDP and inflation under the prevailing uncertainty. "We do not expect any measures for either liquidity or currency management as RBI will do whenever required as we ha ...Read More >
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