Economy News

No material concerns, HDFC Bank has sound financials: RBI

HDFC Bank faces class-action lawsuit in US, shares decline

HDFC Bank is facing a federal securities class-action lawsuit in New York over allegations that it disguised around Rs 45 crore in differential interest payments to Maharashtra State Road Development Corporation (MSRDC) as marketing expenses.

26 days ago

Domestic equity markets opened higher on Monday after two straight weekly losses amid decline in crude oil prices, though investors awaited clarity on potential US sanctions on Iran later in the session amid elevated geopolitical tensions. Nifty opened

Sensex, Nifty open higher as crude oil prices fall up to 2%

Indian benchmark indices opened higher on Monday, supported by gains in IT stocks, with Infosys and HCL Technologies among the top performers. The Sensex rose 0.27% while the Nifty gained 0.18%. However, elevated crude oil prices, West Asia tensions and volatility concerns limited the market's early gains

29 days ago

LIC Sees ₹1,100 Crore Inflows as Nil GST Life Insurance Relief Takes Effect

Invest ₹5,000 Monthly In This LIC Policy, Here's What You Could Get Till Age 100

LIC Jeevan Umang offers whole-life cover and annual survival benefits after premiums end. Here's how a Rs 5,000 monthly premium example could work.

29 days ago

Gold, Silver Rate Today: What Are The 24K, 22K Prices In Mumbai, Delhi, Chennai, Kolkata, Bengaluru On August 21

Gold and silver likely to see huge gains as debasement trade opens: Report

The report said the recent correction has not weakened the long-term case for accumulating precious metals, with a 2% real-yield threshold and a reversing Dollar Index emerging as key structural signals.

Aug 22, 2026

RBI cancels Paytm Payments Bank licence over compliance lapses

Paytm revises ESOP framework, links future vesting more closely to performance, stock option pool remains unchanged

Under the revised framework, eligible employees will undergo a broader assessment covering role-specific goals, business and company performance and future potential, with vesting ranging from 10% to 100% based on their ESOP rating. Full vesting will require higher performance levels.

Aug 22, 2026

Gold, Silver Rate Today: What Are The 24K, 22K Prices In Mumbai, Delhi, Chennai, Kolkata, Bengaluru On Aug 21

Gold prices staged a sharp recovery in India on Friday, while silver also surged as investors moved towards precious metals amid a weaker US dollar. According to the Bullions website, gold was priced at Rs 1,59,870 per 10 grams and silver at Rs 2,44,410 per kg.

Aug 21, 2026

India's forex reserves climb nearly $1 billion to $672.5 billion

India's Forex Reserves Rise $9.9 Billion To $716.9 Billion

India's forex reserves rose $9.9 billion to $716.9 billion for the week ended August 14, boosted by higher foreign currency assets and gold reserves.

Aug 21, 2026

Govt eases rules to enable export payments in rupees

The move makes rupee-denominated export receipts eligible for Foreign Trade Policy benefits and export obligation fulfilment. The policy is also aimed at reducing currency conversion costs and exchange-rate risks while promoting wider international use of the rupee.

Aug 21, 2026

SBI Revises Basic Savings Account Rules From October 1, Branch Withdrawals Beyond Four To Cost ₹15 Plus GST

SBI will allow four free branch cash withdrawals monthly from basic savings accounts. Additional withdrawals will cost Rs 15 per transaction plus GST from October 1.

Aug 19, 2026

India's cash in circulation rises despite surge in digital payments: RBI Deputy Governor

RBI Deputy Governor Shirish Chandra Murmu said. India currently has 176 billion banknotes in circulation, while the RBI produces 28-30 billion notes annually. The central bank is also exploring measures such as surface coatings and polymer notes to increase the durability of currency and reduce the environmental impact of the cash cycle.

Aug 18, 2026

Gold, silver prices fall as investors weigh Fed rate outlook, rising oil and US-Iran tensions

Gold was trading at Rs 1,55,470, down 0.30 per cent, while silver declined 0.96 per cent to Rs 2,35,763. Markets are now pricing in a higher chance of the US Federal Reserve keeping rates unchanged in September after weaker economic data.

Aug 18, 2026

Axis Bank Credit Card Rules Change From August 28, Higher Currency Fee & New Reward Limits Ahead

Axis Bank will revise credit card rules from August 28, raising the DCC fee to 3.5 percent and limiting rewards on gift cards, road fees, bridges and toll payments.

Aug 18, 2026

RBI seeks NBFC feedback on revolving credit rules, stresses compliance and risk controls

The central bank urged lenders to identify risks linked to new products and technology-driven business models early, strengthen grievance redressal and comply with digital lending rules and the Digital Personal Data Protection Act. I

Aug 17, 2026

Sensex, Nifty Open Lower as US-Iran War Uncertainty Keeps Crude Prices Elevated; Nifty Falls 22 Points, Sensex Drops Over 100 Points

Sensex, Nifty Open Lower as US-Iran War Uncertainty;Nifty Falls 22 Points, Sensex Drops Over 100 Points

The Nifty 50 fell 0.09 per cent to 24,343.45, while the Sensex declined over 100 points to 77,892.92. Financial services, PSU banks and FMCG stocks led the decline, while chemicals and healthcare gained.

Aug 17, 2026

Gold Surges Towards ₹1.53 Lakh, Silver Hits ₹2.35 Lakh On MCX As Festive Demand, Global Cues Lift Prices

Gold posts 0.86 pc weekly gain amid expectations US Fed may hold rates

Gold prices rose 0.86 per cent weekly as weaker-than-expected US economic data strengthened expectations that the US Federal Reserve may keep interest rates unchanged. MCX gold futures gained 0.73 per cent on Friday to Rs 1,54,590, while silver rose 0.15 per cent to Rs 2,36,272 per kg.

Aug 15, 2026

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Economy News

HDFC Bank faces class-action lawsuit in US, shares decline

Sensex, Nifty open higher as crude oil prices fall up to 2%

Invest ₹5,000 Monthly In This LIC Policy, Here's What You Could Get Till Age 100

Gold and silver likely to see huge gains as debasement trade opens: Report

Paytm revises ESOP framework, links future vesting more closely to performance, stock option pool remains unchanged

Gold, Silver Rate Today: What Are The 24K, 22K Prices In Mumbai, Delhi, Chennai, Kolkata, Bengaluru On Aug 21

India's Forex Reserves Rise $9.9 Billion To $716.9 Billion

Govt eases rules to enable export payments in rupees

SBI Revises Basic Savings Account Rules From October 1, Branch Withdrawals Beyond Four To Cost ₹15 Plus GST

India's cash in circulation rises despite surge in digital payments: RBI Deputy Governor

Gold, silver prices fall as investors weigh Fed rate outlook, rising oil and US-Iran tensions

Axis Bank Credit Card Rules Change From August 28, Higher Currency Fee & New Reward Limits Ahead

RBI seeks NBFC feedback on revolving credit rules, stresses compliance and risk controls

Sensex, Nifty Open Lower as US-Iran War Uncertainty;Nifty Falls 22 Points, Sensex Drops Over 100 Points

Gold posts 0.86 pc weekly gain amid expectations US Fed may hold rates

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react