Banking

RBI Approves Executive Committee to Oversee IndusInd Bank Operations Amidst Controversy

RBI Approves Executive Committee to Oversee IndusInd Bank Operations Amidst Controversy

April 30, 2025 / News, Banking, Business /

RBI Approves Executive Committee to Oversee IndusInd Bank Operations Amidst Controversy Background of the Crisis at IndusInd Bank The recent turmoil at IndusInd Bank can be traced back to a significant lapse in accounting practices surrounding derivatives, which prompted considerable scrutiny and led to major changes in the bank’s leadership. In September 2023, the bank’s […]

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RBI's Easing Cycle and Sensex Predictions: Insights from Morgan Stanley

RBI’s Easing Cycle and Sensex Predictions: Insights from Morgan Stanley

April 15, 2025 / News, Banking, Business, Economics, Education /

RBI’s Easing Cycle and Sensex Predictions: Insights from Morgan Stanley. Introduction The recent report by Morgan Stanley offers a comprehensive look into India’s economic landscape, predicting that the Reserve Bank of India (RBI) may embark on a deeper easing cycle. This analysis surfaces amidst lower food inflation and lower oil prices, which could influence the

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RBI lowers repo rate to boost growth.

RBI lowers repo rate to boost growth.

February 7, 2025 / News, Banking, Business, Local News /

RBI lowers repo rate to boost growth. RBI Governor stated that the Monetary Policy Committee (MPC) has unanimously decided to maintain a neutral stance regarding monetary policy. This decision aims to balance economic growth with inflation control, ensuring financial stability. The committee carefully evaluated prevailing macroeconomic conditions before reaching this conclusion. By maintaining a neutral

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Bitcoin surpasses $100,000 ahead of Trump’s crypto action.

Bitcoin surpasses $100,000 ahead of Trump’s crypto action.

January 18, 2025 / News, Banking, Business, Events, International Relations /

Bitcoin surpasses $100,000 ahead of Trump’s crypto action. Ross Ulbricht’s case has become a rallying point for many crypto advocates and Libertarian activists who argue that government investigators overstepped their bounds in building the case against the Silk Road, the infamous online marketplace he created. These advocates believe that the legal proceedings against Ulbricht were

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Rupee hits all-time low of 85.12.

Rupee hits all-time low of 85.12.

December 21, 2024 / News, Banking, Business, Finance, Investing /

Rupee hits all-time low of 85.12. Following the US Federal Reserve’s recent decision, the dollar experienced a significant rally, strengthening against multiple currencies, including the Indian rupee. The decision to maintain or adjust interest rates by the Federal Reserve often has a profound impact on global currency markets. As a result of the Fed’s actions,

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Sanjay Malhotra named next RBI governor.

Sanjay Malhotra named next RBI governor.

December 10, 2024 / News, Banking, Finance /

Sanjay Malhotra named next RBI governor. Sanjay Malhotra, a distinguished IAS officer from the 1990 batch of the Rajasthan cadre, has been named as the next Governor of the Reserve Bank of India (RBI). He will succeed Shaktikanta Das, whose tenure concludes on December 10. Malhotra’s appointment comes at a critical juncture for the Indian

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RBI Holds Repo Rate, Lowers GDP Forecast

RBI Holds Repo Rate, Lowers GDP Forecast

December 6, 2024 / News, Banking, Business, Finance /

RBI Holds Repo Rate, Lowers GDP Forecast The Reserve Bank of India (RBI) decided to leave the policy repo rate unchanged during its latest monetary policy meeting, marking the 11th consecutive instance of maintaining the status quo. However, in a significant move, the central bank revised its GDP growth forecast for the current fiscal year

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TotalEnergies halts Adani investments over bribery charges.

TotalEnergies halts Adani investments over bribery charges.

November 26, 2024 / News, Banking, Business, Finance, Indian Politics, Politics /

TotalEnergies halts Adani investments over bribery charges. French oil giant TotalEnergies has decided to halt further investments in the Adani Group, citing concerns over bribery allegations. The decision comes in response to charges filed in the United States that accuse certain individuals within the Adani Group of involvement in a bribery scheme. TotalEnergies, which has

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