Economy News

No proposal to impose transaction charges on UPI payments, reiterates Centre

UPI handles 170 billion transactions annually, signals India's digital reach

By moving money over 170 billion times per year across a billion people, instantly and cheaply, India proved that "the world's digital financial highways could one day flow through the country," and signalled its arrival "as a global economic and high-tech superpower," the report said.

Feb 21, 2026

India's forex reserves surge by $14.36 billion to reach all-time high of $723.77 billion

India's forex surges by $8.663 billion to reach all-time high of $725.727 billion

According to RBI data, the value of gold reserves, a key component of foreign exchange reserves, increased by $4.990 billion to $128.466 billion in the week ended February 13.

Feb 20, 2026

EU, US trade pacts to help India's growth momentum sustain for a longer period: RBI

The RBI said India's economy continues to grow strongly despite global uncertainties, with real GDP expected to rise 7.4% in 2025-26. Recent trade agreements with the EU and a US trade deal are expected to sustain growth momentum. Strong contributions from the services and manufacturing sectors.

Feb 20, 2026

Gold, silver ETFs crash up to 14% as precious metals tumble from record highs: Should you buy?

Gold, silver prices continue to decline amid weakening safe haven demand

Gold and silver prices fell for a second straight session amid weakening safe-haven demand. The MCX, gold April futures slipped 0.56 per cent while silver March futures dropped 1.18 per cent, as a stronger dollar and easing geopolitical tensions weighed on bullion prices.

Feb 17, 2026

UPI pips cash as India's top payment mode with 57 per cent share of total transactions

UPI has become the country's most preferred payment mode, accounting for 57% of total transactions, surpassing cash at 38%, according to a Finance Ministry-commissioned study. Digital payments now dominate daily spending habits, with 65% of users making multiple UPI transactions daily,

Feb 16, 2026

Ola Electric trades near 52-week low as Bhavish Aggarwal sells 2.6 crore shares

Ola Electric's revenue from operations drops 55 pc in Q3, losses up on-quarter

The company's total revenue also saw a significant decline in the December quarter, falling 56.99 per cent year-on-year to Rs 504 crore, compared to Rs 1,172 crore in the same period last year.

Feb 14, 2026

Sensex, Nifty trade higher over sustained foreign inflows

Nifty, Sensex decline as AI concerns weigh on IT sector

Nifty lost 0.87 per cent during the week and dipped 1.30 per cent on the last trading day to 25,471. At Friday's close, the Sensex was down 1,048 points or 1.25 per cent at 82,626. It declined 1.14 per cent during the week.

Feb 14, 2026

Sensex, Nifty dip around 1.25 pc; metal stocks lead losses

Indian equity markets ended deep in red on Friday, with Sensex falling 1,048 points (1.25%) to 82,626 and Nifty declining 336 points (1.30%) to 25,471, marking the second consecutive session of losses.

Feb 13, 2026

Gold, silver hit record highs as global uncertainty fuels demand

Precious metals surge 1-2 pc over value buying at support levels

COMEX gold traded in the $4,850–$5,100 range after falling from recent highs, while silver hovered near $73–$84 levels. Market experts cited central bank buying, safe-haven demand, structural supply deficits in silver, and upcoming US inflation data as key drivers influencing prices.

Feb 13, 2026

New CPI series to make poverty estimates, policy responses more accurate: CEA Nageswaran

Chief Economic Advisor V. Anantha Nageswaran highlighted that the revised CPI captures a shift from food to services like health, education, mobility, and connectivity, reflecting income growth and productivity gains.

Feb 13, 2026

Sensex, Nifty end lower amid volatile trade

Sensex, Nifty end lower as IT stocks drag market

The Sensex closed at 83,674.92, slipping 558.72 points, or 0.66 per cent. Meanwhile, the Nifty settled at 25,807.2, down 146.65 points, or 0.57 per cent, from the previous close.

Feb 12, 2026

RBI proposes ban on 3rd‑party sales incentives to bank staff to curb mis-selling

Banks must not bundle third-party products with their own, must refund mis-sold products, and compensate customers for losses. Customers can lodge complaints within 30 days, and banks must seek feedback within 30 days of any sale and report half-yearly.

Feb 12, 2026

Gold and silver prices dip over dollar gains

Gold and silver prices dipped on Thursday as the US dollar strengthened following strong US jobs data. MCX gold April futures fell 0.24% to Rs 1,58,371 per 10 grams, and MCX silver March futures declined 0.72% to Rs 2,61,124 per kg.

Feb 12, 2026

Silver crosses 4 lakh mark, gold up 6 pc as safe haven demand surges

Gold, silver prices surge over soft US consumer spending data

Markets are now pricing in at least three rate cuts this year, boosting bullion sentiment. Analysts noted that COMEX gold remains in a broader uptrend despite recent corrections, while silver continues to find long-term support from industrial demand and supply constraints.

Feb 11, 2026

Sensex, Nifty trade higher over sustained foreign inflows

As of 9.23 am, Sensex added 122 points, or 0.14 per cent, to reach 84,396, and Nifty gained 50 points, or 0.19 per cent, to settle at 25,985.

Feb 11, 2026

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Economy News

UPI handles 170 billion transactions annually, signals India's digital reach

India's forex surges by $8.663 billion to reach all-time high of $725.727 billion

EU, US trade pacts to help India's growth momentum sustain for a longer period: RBI

Gold, silver prices continue to decline amid weakening safe haven demand

UPI pips cash as India's top payment mode with 57 per cent share of total transactions

Ola Electric's revenue from operations drops 55 pc in Q3, losses up on-quarter

Nifty, Sensex decline as AI concerns weigh on IT sector

Sensex, Nifty dip around 1.25 pc; metal stocks lead losses

Precious metals surge 1-2 pc over value buying at support levels

New CPI series to make poverty estimates, policy responses more accurate: CEA Nageswaran

Sensex, Nifty end lower as IT stocks drag market

RBI proposes ban on 3rd‑party sales incentives to bank staff to curb mis-selling

Gold and silver prices dip over dollar gains

Gold, silver prices surge over soft US consumer spending data

Sensex, Nifty trade higher over sustained foreign inflows

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