Economy News

SBI advises customers to use digital banking channels ahead of 2-day staff strike

State Bank of India has advised customers to use digital banking services ahead of a two-day strike by the All India State Bank of India Staff Federation (AISBISF) on May 25 and 26, 2026. While SBI said essential branch services will continue, some disruptions may occur.

May 22, 2026

RBI Signals Focus on Inflation Over Rupee as India's Economy Stays Resilient Amid West Asia Crisis

While inflation rose to 3.5 per cent due to food prices, it remained within the RBI's tolerance band. Instead, policymakers are expected to prioritise inflation management and economic growth while using alternative tools such as dollar sales and liquidity measures to stabilise the rupee.

May 22, 2026

Adani Group Gets Backing From Indian-American Leaders as Bernstein Turns Bullish on Group Stocks

Indian-American business leaders have welcomed the closure of the US case involving the Adani Group, arguing that there was no concrete evidence of bribery and that the matter fell outside US jurisdiction.

May 22, 2026

Swiggy's losses nearly double in Q1 to Rs 1,197 crore

Swiggy fails to secure shareholder approval to amend AoA for Indian‑owned status

Swiggy failed to secure the required shareholder approval to amend its Articles of Association in a bid to qualify as IOCC under FEMA regulations. The proposal received 72.36 per cent of votes, falling short of the required threshold.

May 22, 2026

Adani Ports to acquire Jaypee Fertilizers for Rs 1,500 crore under JAL resolution

Adani Power will acquire a 24 per cent stake in Jaiprakash Power Ventures along with the 180 MW Churk thermal power plant in Uttar Pradesh.

May 21, 2026

'Melodi' reunion in Italy: PM Modi gifts Italy PM Giorgia Meloni Melody chocolate, clicks selfie; viral Rome pictures break the internet

Parle Industries shares hit 5% upper circuit after PM Modi's 'Melody' gift to Meloni

Shares of Parle Industries surged on Tuesday after Prime Minister Narendra Modi gifted Melody toffees to Italian PM Giorgia Meloni during his visit to Italy. Stock rose 5% intraday to Rs 5.25 and gained nearly 7% in a week. However, the catch is that Parle Industries does not make Melody toffees.

May 20, 2026

Rupee Slips 11 Paise To 94.27 Against Dollar On US Currency Demand & Rising Oil Prices

Rupee hits record low of 96.90 amid strong dollar, US-Iran tensions; oil prices ease after Trump's Iran deal hint

The Indian rupee fell to a record low of 96.90 against the US dollar amid a stronger dollar, elevated crude oil prices, FII outflows, and rising geopolitical tensions between the US and Iran. Meanwhile, global crude oil prices eased nearly 1 per cent.

May 20, 2026

India stays world's fastest-growing economy recording 6.4 pc rise despite Iran war fallout

India is projected to remain the world's fastest-growing major economy with a GDP growth rate of 6.4 per cent this year despite global uncertainties and the economic fallout from the Iran war, according to a UN report.

May 20, 2026

India's 4 pc fuel price hike lowest among major economies

Indian oil companies continue to incur losses of around Rs 750 crore daily due to elevated crude prices. Officials stated that India remained an exception by keeping fuel prices largely unchanged since February 23, 2026, absorbing most of the global crude price shock.

May 19, 2026

India forex reserves rise to $703.3 billion amid West Asia tensions

India's Impending Forex Crisis: The Unplugged Leak - A Systemic Multi-Channel Drain on National Economic Sovereignty

IPO-related capital recycling, weak net FDI, rising overseas investments by Indian firms, sustained foreign investor outflows and alleged misuse of the Liberalised Remittance Scheme (LRS) have collectively led to massive forex leakages over the past decade.

May 19, 2026

Bitcoin price drops to two-week low over growing US-Iran war concerns

The market downturn triggered heavy liquidations, with nearly $500 million worth of long positions wiped out within minutes during Asian trading hours. US-listed spot Bitcoin ETFs also recorded more than $1 billion in outflows last week, reflecting weaker investor sentiment.

May 18, 2026

New periodic payouts withdrawal under NPS allows cash flow predictability for retirees

PFRDA has introduced a new post-retirement withdrawal framework under the NPS, allowing retirees to opt for periodic payouts from the withdrawable portion of their pension corpus. The new drawdown facility enables subscribers to receive monthly, quarterly or annual payouts alongside the mandatory annuity income.

May 18, 2026

Bank of India increases medium-term FD rates; HDFC AMC shares drop nearly 4% after cybersecurity incident

Bank of India has increased interest rates on medium- and long-term fixed deposits below Rs 3 crore, with revised rates going up to 6.70 per cent for select tenures. The revised rates came into effect immediately and also include additional benefits for senior and super senior citizens.

May 18, 2026

Global crude oil prices rally up to 3 pc as US-Iran tensions escalate

Global crude oil prices surged up to 3 per cent on Monday as escalating tensions between the US and Iran raised fears of supply disruptions following an attack near the UAE's Barakah nuclear facility. Brent crude climbed to $111.86 per barrel, while WTI crude rose to $108.70. In India.

May 18, 2026

crude oil price opec non opec output cut price globally brent crude petrol diesel modi govt demonetisation inflation

Global oil prices to stay in $90 to 110 per barrel range during 2026: Moody's

Moody's has projected global oil prices to remain between $90 and $110 per barrel through 2026 due to continued US-Iran tensions and uncertainty over the Strait of Hormuz reopening. The agency said shipping disruptions have become a long-term supply constraint rather than a temporary shock.

May 17, 2026

Prev 6 7 8 9 10 11 12 13 14 15 Next

Economy News

SBI advises customers to use digital banking channels ahead of 2-day staff strike

RBI Signals Focus on Inflation Over Rupee as India's Economy Stays Resilient Amid West Asia Crisis

Adani Group Gets Backing From Indian-American Leaders as Bernstein Turns Bullish on Group Stocks

Swiggy fails to secure shareholder approval to amend AoA for Indian‑owned status

Adani Ports to acquire Jaypee Fertilizers for Rs 1,500 crore under JAL resolution

Parle Industries shares hit 5% upper circuit after PM Modi's 'Melody' gift to Meloni

Rupee hits record low of 96.90 amid strong dollar, US-Iran tensions; oil prices ease after Trump's Iran deal hint

India stays world's fastest-growing economy recording 6.4 pc rise despite Iran war fallout

India's 4 pc fuel price hike lowest among major economies

India's Impending Forex Crisis: The Unplugged Leak - A Systemic Multi-Channel Drain on National Economic Sovereignty

Bitcoin price drops to two-week low over growing US-Iran war concerns

New periodic payouts withdrawal under NPS allows cash flow predictability for retirees

Bank of India increases medium-term FD rates; HDFC AMC shares drop nearly 4% after cybersecurity incident

Global crude oil prices rally up to 3 pc as US-Iran tensions escalate

Global oil prices to stay in $90 to 110 per barrel range during 2026: Moody's

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