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Rupee falls past 91 in unprecedented decline against US dollar

India, Dec. 16 -- The Indian Rupee slipped to an all-time low for the fourth consecutive session on Tuesday, as an India-US trade deal remained elusive. The rupee slipped to an all-time low of 91.03,... Read More


HDFC Bank gets RBI approval to acquire up to 9.5% stake in IndusInd Bank

India, Dec. 16 -- The Reserve Bank of India has allowed HDFC Bank Ltd. to acquire up to 9.50% stake in IndusInd Bank Ltd., in the aftermath of a scandal that eroded the top line of the smaller private... Read More


Corona Remedies surges up to 41% on debut underscoring local demand for new stocks

India, Dec. 15 -- Drugmaker Corona Remedies Ltd. debuted at a premium on the stock market today, underscoring demand for new stocks among domestic investors. After listing at 36.72% premium, Corona R... Read More


Rupee hits new all-time low of 90.72 vs Dollar with India-US trade deal in limbo

India, Dec. 15 -- The Indian rupee fell to a new record low on Monday against the US dollar as uncertainty continues to surround a India-US trade deal and persistent foreign fund outflows. The rupee ... Read More


India's trade deficit narrows to five-month low in November 2025 as US exports pick up

India, Dec. 15 -- India's trade deficit has narrowed to a five-month low as gold imports fell and exports to the US picked up despite punitive tariffs. Exports rose to $38.13 billion in November as a... Read More


SBI reduces lending rates by up to 25 bps to pass on RBI rate cut benefits

India, Dec. 12 -- State Bank of India has reduced its lending rate by up to 25 basis points to pass on to customers the benefit of the RBI repo rate cut announced last week. That makes loans cheaper f... Read More


Rupee slips to new record low of 90.56/dollar as India-US trade talks drag on

India, Dec. 12 -- The Indian Rupee declined to a record low on Friday, as investor sentiment on the currency remained bogged down by the absence of an India-US trade deal while likely portfolio outflo... Read More


ICICI Prudential AMC IPO opens today for listing as India's second largest mutual fund

India, Dec. 12 -- The $1.2-billion ICICI Prudential AMC IPO is set to open for subscription today, paving the way for a listing that can make it the country's second-most valuable mutual fund. On off... Read More


ICICI Prudential AMC IPO sees 5% subscription on Day 1 so far, GMP muted at 7.5%

India, Dec. 12 -- The $1.2-billion ICICI Prudential AMC IPO has opened for subscription, paving the way for a listing that can make it the country's second-most valuable mutual fund. The grey market p... Read More


India's retail inflation rate rises to 0.71% in November 2025

India, Dec. 12 -- India's retail inflation rate rose to 0.71% in November 2025 as against a record low of 0.25% in October 2025, according to government data. This is the third straight month that In... Read More