organization · 77 records
Reserve Bank of India
RBI to conduct Overnight Variable Rate Reverse Repo auction on September 21
The Reserve Bank of India will conduct an overnight variable rate reverse repo auction on September 21, 2026.

N. Chandrasekaran reappointed as Tata Sons chairman, Noel Tata opposes
N. Chandrasekaran has been reappointed as Tata Sons chairman for a five-year term, despite opposition from Noel Tata.
Money Market Operations as on September 19 2026
The Reserve Bank of India reports money market and liquidity operations for September 19, 2026.

India's software exports rise 8.2% to $221.4 billion in FY26
India's software services exports grew to $221.4 billion in the 2025-26 fiscal year, with the United States remaining the primary market.
Apple plans to launch Apple Pay in India with Axis Bank
Apple is preparing to launch its Apple Pay payment service in India, starting with an initial partnership with Axis Bank.
Lawyer issues legal notice to PVR INOX over cashless-only policy
A lawyer has issued a legal notice to PVR INOX challenging the cinema chain's refusal to accept cash payments.

Tata Sons Board Approves N. Chandrasekaran Reappointment; Noel Tata Opposes
The Tata Sons board has approved N. Chandrasekaran for a third term as Executive Chairman, a move opposed by board member Noel Tata.
Most Economists See RBI Raising Rates in October Policy
Most economists surveyed expect the Reserve Bank of India to raise interest rates in October to combat rising inflation.

Supreme Court orders compensation for illegal vehicle repossession by finance company
The Supreme Court of India ruled against Cholamandalam Investment and Finance Company for using unlawful methods to repossess a truck.
Tata Trusts' Listing Objection, Not Board Meeting, Is 'Real Issue': Harish Salve
Lawyer Harish Salve identifies Tata Trusts' objection to listing as the primary issue rather than a board meeting.
Supreme Court wants law to safeguard multi-crore court deposits
The Supreme Court has called for a uniform statutory framework to manage and invest court-ordered deposits made by litigants during pending appeals.

Why Noel Tata opposes the listing of Tata Sons
Noel Tata opposes the public listing of Tata Sons to preserve its long-standing structure and philanthropic objectives.

Bank holiday tomorrow, September 21: Are banks closed in Kerala and Assam?
Banks in Assam and Kerala are closed on September 21 for regional holidays.
India on track for 6.5-7% real GDP growth this fiscal
Brokerage Jefferies forecasts India's real GDP growth will hit 6.5-7% this fiscal year, with corporate earnings expected to rise.

RBI removes Maharashtra minister Babasaheb Patil from Latur cooperative bank board
The Reserve Bank of India has removed Maharashtra minister Babasaheb Patil from the Latur District Central Cooperative Bank board for exceeding the 10-year tenure limit for directors.
Government Can Bear Cost of Maintaining UPI Network: BJD MP Santrupt Misra
BJD MP Santrupt Misra argues that the government should absorb UPI network maintenance costs instead of imposing a merchant discount rate.
Koppal administration extends agricultural loan repayment period for drought-affected farmers
Authorities in Koppal district have extended the repayment period for agricultural loans due to drought conditions.

Trusts may urge Tata Sons to seek RBI review
Tata Trusts may request that Tata Sons ask the Reserve Bank of India to reconsider its directive mandating the conglomerate to conduct a public share sale.
Shapoorji Pallonji Group, with 18.4% Tata Sons stake, backs its public listing
Shapoorji Pallonji Group chairman Shapoor Mistry supports a public listing of Tata Sons following a regulatory mandate from the Reserve Bank of India.
Anil Ambani denies wrongdoing after CBI lodges FIR over LIC fraud
The Central Bureau of Investigation has filed an FIR against Reliance Capital Limited and Anil Ambani regarding an alleged 2,684-crore fraud involving Life Insurance Corporation of India investments.
RBI has record forex reserves, but why is rupee still not out of the woods?
The Indian rupee remains under pressure despite India reaching record-high foreign exchange reserves of $785.71 billion.

Moody's raises India's GDP growth projection
Moody's has revised India's GDP growth projection for the current fiscal year to 7%.

RBI Proposes New Rules to Prevent Automatic Total Bank Account Freezing
The Reserve Bank of India has issued a draft framework proposing to restrict only specific suspicious transactions rather than freezing entire bank accounts during cyber fraud investigations.
Tata Sons reappoints N Chandrasekaran as chairman for another five years
The Tata Sons board reappointed N Chandrasekaran as executive chairman for an additional five-year term.
RBI Rate Hike Bets Rise After US Fed Move
Market expectations for an interest rate hike by the Reserve Bank of India have increased following recent global economic developments.
India Considers Stricter Oversight for Digital Gold Market
The Indian government is considering new regulations to bring the digital gold sector under the joint supervision of the Reserve Bank of India and the Securities and Exchange Board of India.

Police arrest gang for 4.5 crore investment fraud in Hoskote
Police in Hoskote arrested a gang for defrauding individuals of 4.5 crore rupees by promising high returns on investment under the guise of Jayalalithaa's benami assets.
Moodys Raises India FY27 Growth Forecast to 7 Percent
Moody's raised India's FY27 real GDP growth forecast to 7% from 6% following strong growth in the prior fiscal year.

Noel Tata Vows to Veto Tata Sons IPO Listing
Tata Trusts Chairman Noel Tata reportedly plans to veto any IPO listing for Tata Sons and has suggested seeking a three-year extension from the RBI.

Supreme Court Petition Challenges New MDR Charges on UPI Transactions
A public interest litigation has been filed in the Supreme Court challenging the Indian government's notification imposing a 0.4% Merchant Discount Rate (MDR) on UPI merchant payments exceeding ₹2,000.