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Economy News

3-day bank strike: Will your salary get stuck? Here's what you need to know

Bank strike: SBI, PNB, BoB among banks open today before 3-day nationwide strike

Several public sector banks and 28 regional rural banks are open today, September 27, giving customers a chance to complete branch banking work before the proposed three-day nationwide bank strike from September 28 to 30. The special Sunday opening does not automatically apply to private sector banks. 15 days ago
India's forex reserves hit record $729.3 billion on strong foreign inflows

India's forex reserves fall $14.9 billion to $765.9 billion, sharpest weekly drop since November 2024

India's foreign exchange reserves fell $14.9 billion to $765.9 billion in the week ended September 18, marking their sharpest weekly decline since November 2024. The drop was driven mainly by lower foreign currency assets, including a $10.9 billion dollar sale by the RBI and revaluation losses 16 days ago
India can achieve over 10% growth with technology, innovation across sectors: FM Sitharaman

UPI MDR row: 'Nothing to do with govt,' Sitharaman clarifies charges on transactions above Rs 2,000

Finance Minister Nirmala Sitharaman said India can achieve more than 10 per cent economic growth by embracing technology and innovation across sectors, while stressing greater efforts from all stakeholders to realise the Viksit Bharat 2047 vision 16 days ago
From squash velouté to sesame-crusted sea bass, inside Trump-Xi dinner menu

US moves to restrict Chinese robots to safeguard national security and boost AI

The US is restricting Chinese-made advanced robots to prevent espionage risks and develop its own AI infrastructure. 16 days ago
India-EU FTA concluded on equal terms after 17 years, technology transfer key

India-EU FTA concluded on equal terms after 17 years, technology transfer key

India finalized its free trade agreement with the EU after 17 years, focusing on technology transfer and AI for industrial growth. 16 days ago
RBI Bulletin says high credit-deposit ratio alone does not show bank funding risk

RBI Bulletin says high credit-deposit ratio alone does not show bank funding risk

The RBI Bulletin stated that a high credit-deposit ratio may not indicate vulnerability in the banking system amid strong credit growth. 16 days ago
Sensex tanks 1,248 points, Nifty slips below 23,100 amid oil price concerns

Nifty, Sensex fall for 7th straight week amid rising crude prices, bond yields

Indian equity benchmarks declined for the seventh consecutive week due to high crude prices and rising US bond yields. 16 days ago
Gold, silver price today, September 19: Check latest 24K, 22K gold and silver rates

Gold, silver rates today, September 25: Gold prices remain below recent highs as Pitru Paksha begins

Gold prices in India remained elevated on Friday, September 25, although the precious metal has seen a correction from its recent highs. On the day, 24-karat gold was around ₹1,51,580 per 10 grams, while 22-karat gold stood at around ₹1,38,948 per 10 grams. Silver was quoted at approximately ₹2,34,040 per kg 17 days ago
GST Council meeting on October 7: Process reforms, ITC and invoice rules likely to take centre stage

GST Council meeting on October 7: Process reforms, ITC and invoice rules likely to take centre stage

GST Council's October 7 meeting is expected to focus on process reforms rather than major GST rate changes. Key areas likely to be discussed include GST registration, e-invoicing, invoice matching, input tax credit (ITC), refunds and reducing compliance issues for businesses. 17 days ago
TRAI launches Digital Connectivity Rating platform to aid property buyers

TRAI launches Digital Connectivity Rating platform to aid property buyers

TRAI launched the Digital Connectivity Rating platform and mobile app to help consumers access credible digital connectivity data of properties. 17 days ago
Sensex and Nifty Gain on Crude Price Drop and US-Iran Pact Hopes

Sensex gains 315 points, Nifty rises as crude prices ease, US-Iran deal hopes grow

Indian markets rose on Friday as easing crude prices and progress in US-Iran talks bolstered sentiment. 17 days ago
Trump and Xi raise a toast to 'friendship' at lavish White House state dinner

Trump and Xi raise a toast to 'friendship' at lavish White House state dinner

Trump and Xi raised a toast to 'friendship' at a lavish White House state dinner Thursday night — even as trade and AI tensions between the two nations remain far from resolved. 17 days ago
State Bank of Indi

SBI issues customer advisory ahead of proposed three-day bank strike

SBI has urged customers to complete important transactions in advance and use ATMs, CSPs, Internet Banking, YONO, Mobile Banking, UPI and other digital services during the strike period. 17 days ago
Sensex, Nifty open higher: Sensex gains 96 points to 73,676, Nifty rises 20 points to 23,084

Sensex, Nifty open higher: Sensex gains 96 points to 73,676, Nifty rises 20 points to 23,084

As of 9.24 am, the Sensex was up 96 points, or 0.13 per cent, at 73,676, while the Nifty gained 20 points, or 0.09 per cent, to 23,084. 17 days ago
Gold, silver price today, September 19: Check latest 24K, 22K gold and silver rates

Gold price falls Rs 1,600 to Rs 1.52 lakh as strong dollar, rising crude prices pressure bullion

Gold prices fell Rs 1,600 to Rs 1.52 lakh per 10 grams in New Delhi, extending losses for a fourth session, while silver dropped Rs 5,000 to Rs 2.37 lakh per kg. A stronger US dollar, higher Treasury yields, rising crude oil prices and weak global cues weighed on precious metals. 18 days ago
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