Economy and policy news
Indian economy news: RBI policy, inflation, growth, the Budget, taxes, trade and the rules that reprice sectors.
Thursday, 24 September 2026
Sebi approves PMS-mutual fund route and overhauls settlement rules
Widens FPI access to non-agri commodity derivatives
Mutual Funds
RBI Deputy Governor Rohit Jain Expects To Deploy Additional Liquidity Over Coming Months, Amid Consolidated Credit Demand
The RBI is positive about tokenisation and sees significant potential for the technology in the financial sector, he pointed out.
Monetary Policy
RBI Slaps Penalty On Hero Fincorp For Excess Interest, Fines Ola Arm For KYC Breaches
Hero Fincorp Ltd.collected excess interest from certain loan accounts while Ola Financial Services failed to carry out risk categorisation of certain customers, as per RBI.
El Nino Threat Extends To Winter Crops, Rate Hike May Be Needed: Citi India Chief Economist
El Nino could put India's winter crops at risk, Citi India Chief Economist Samiran Chakraborty said, as disrupted monsoon patterns raise concerns over agriculture.
JSW wants Volkswagen to cover India tax bill as deal condition
The deal under discussion involves JSW making an investment in closely held Skoda Auto Volkswagen India Pvt., with the Sajjan Jindal-led conglomerate seeking a majority stake.
2 outlets
Rupee declines to one-week low as oil rally fans global rate hike worries
The Indian rupee has fallen to its lowest point in a week, fueled by escalating oil prices and inflation worries. Although dollar sales by government banks helped mitigate the…
Monetary Policy
Insurance stocks tumble as IRDAI proposes overhaul of distribution economics
Insurance stocks came under pressure on Thursday after the Insurance Regulatory and Development Authority of India (IRDAI) proposed changes to insurance distribution.
Voltas’s market share is growing. Will margins follow?
Voltas’s problem is that higher market share has not yet translated into a corresponding profitability improvement. Persistent commodity inflation and rupee weakness are other…
Quarterly Results
Meet Abhay Karandikar: From IIT professor to NITI Aayog member & the researcher behind India’s 5G and 6G journey
His areas of expertise and interest include telecommunications, wireless networking, electronics and semiconductors, AI and quantum communication.
India bonds pummelled after Treasury rout, traders raise rate hike bets
Indian government bonds experienced a decline following increases in U.S. Treasury yields and oil prices. The benchmark 6.94% 2036 bond yield rose to its highest level since…
Monetary Policy
'There is no clarity': UFBU questions RBI move to open bank branches on Sunday, September 27
The development comes ahead of the three-day nationwide bank strike called by the UFBU from September 28 to 30.
PB Fintech loses Rs 22,700 cr from market value as stock crashes 26% after IRDAI’s reform plans. What Citi and Jefferies are warning
PB Fintech shares plunged 26%, wiping out nearly Rs 22,703 crore from its market capitalisation after IRDAI proposed changes to insurance commission structures. Jefferies flagged…
2 outletsQuarterly Results
All about Venu Srinivasan, the 73-yr-old TVS scion at the centre of Tata boardroom showdown
Now, fresh filings showing business ties between TVS Motor and a company linked to Chandrasekaran's family have added another layer of scrutiny. So who is Venu Srinivasan, how did…
Indian economy has done exceptionally well despite multiple shocks, says RBI Deputy Governor
Poonam Gupta, Deputy Governor, Reserve Bank of India has stated that India has perhaps been among the most challenged emerging market economies over past year and a half. Whereas…
Monetary Policy
RBI absorbs ₹75,026 crore through overnight VRRR auction amid surplus liquidity
The Reserve Bank of India (RBI) absorbed 75,026 crore rupees from the banking system through an overnight Variable Rate Reverse Repo (VRRR) auction, amid surplus liquidity. The…
Monetary Policy
The 13.1% depreciation over the past one-and-a-half years appears to be a temporary phenomenon, says RBI DG
The Reserve Bank of India (RBI) Deputy Governor Poonam Gupta on Wednesday said that there is a fair case for the rupee to not just stabilise but even appreciate from current…
NESO (a Lenskart subsidiary) acquires additional 2.77% stake in Le Petit Lunetier
NESO Brand, Singapore (NESO), a wholly owned subsidiary of Lenskart Solutions, on 23 September 2026, made a further investment of EUR 0.248 million (equivalent to approximately Rs…
Govt cuts edible oil duty to ease prices
The government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs and potentially ease domestic prices.…
Taxation
Wednesday, 23 September 2026
Sebi may ease margin requirements for longer-tenure F&O products
Sebi wants to make markets easier to access, but while preserving the trust, said Tuhin Kanta Pandey
Quarterly Results
Sebi weighs steps to make derivatives mkt more balanced: Tuhin Kanta Pandey
Sebi chairman says that banks and capital markets are not competing destinations in the financial ecosystem
3 outlets
Sebi weighs margin changes for longer-dated derivatives
Sebi may look  to review margin requirements for longer-dated derivatives as it seeks to broaden India’s equity derivatives market beyond the dominance of short-term…
Quarterly Results
Motilal Oswal group secures licence for custodian services from SEBI
Motilal Oswal Custodial Services (MOCSPL), a wholly owned subsidiary of Motilal Oswal Financial Services (MOFSL), has received approval from the Securities and Exchange Board of…
3 outlets
Sebi weighs lower margins for longer-term derivatives as F&O losses stay high: Tuhin Kanta Pandey
Sebi Chairman Tuhin Kanta Pandey said the regulator is examining whether margin requirements can be lowered for longer-term derivatives contracts. The move could support deeper…
2 outletsQuarterly Results
S&P, Fitch, Others Raise FY'27 India GDP Growth Projections; See RBI Rate Hike On Inflation Fears
The growth upgrades by these four global agencies came close on the heels of US-based Moody's Ratings last week raising GDP growth forecast for the fiscal year to 7% -- the…
Monetary Policy
Cinematographic Film Not IT Software Under GST: Bombay HC Quashes Tax Demand On Karan Johar Firms
The Bombay High Court has held that a cinematographic film cannot be classified as information technology software under the GST law merely because it is delivered through a…
Taxation
LG, Samsung face India tariff evasion investigation over OLED TV parts
Indian officials alleged the companies wrongly claimed a concessional 5% tariff on imported OLED glass screens called open cells, arguing the rate has for years been reserved for…
3 outlets
More than half of term insurance buyers now choose ₹1 crore+ cover: What has changed after GST relief
The GST exemption on individual term insurance has coincided with a sharp rise in demand for higher life cover, with ₹1 crore-plus policies now accounting for more than half of…
Taxation
Reading Between The Lines: IRDAI Eyes Credit Data For Insurance Scores. Where Are The Guardrails?
IRDAI has invited comments on the paper until Sept. 30. The registry is an important piece of public infrastructure and much of what it proposes is overdue. But the risk score…
Infrastructure
S&P expects RBI to raise its policy rate by 25 bps in the current fiscal year
In its Economic Activity for Asia Pacific report, S&P notes that CPI inflation has risen because of higher energy prices, but it is generally manageable. Higher oil prices are…
Monetary Policy
Sebi board is set to grow. Experts say it's missing one safeguard it needs most
A new Bill to expand the Sebi board leaves appointments to non-binding government rules rather than establishing a statutory, independent selection panel. The expansion may add…