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FCNR(B) Facility Closure a 'Data-Driven' Calibration, Not U-Turn: RBI Governor

New Delhi, Aug. 21 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra has defended the decision to advance the closure of the special Foreign Currency Non-Resident (Bank), or FCNR(B), swap facili... Read More


Centre Approves Rs 13,427 Crore for 11.19 Lakh PMAY-G Houses in Bihar

Patna, Aug. 21 -- The Centre has approved 11,18,937 pucca houses for Bihar under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G), involving an allocation of Rs 13,427 crore. The announcement was made ... Read More


Delhi-NCR To Allow Only Electric N1 Light Goods Vehicle Registrations From Jan 2027: CAQM

New Delhi, Aug. 21 -- The Commission for Air Quality Management (CAQM) has approved a phased shift towards cleaner light goods vehicles (LGVs) in Delhi-NCR, citing their disproportionate contribution ... Read More


RBI May Stay On Rate Pause Through FY27 Despite Hawkish Tone: SBI Research

New Delhi, Aug. 21 -- The Reserve Bank of India (RBI) is likely to maintain a prolonged pause on policy rates through FY27, supported by resilient economic growth and easing inflation, according to SB... Read More


India's Private Sector Activity Rises Marginally In August As Services Recover: HSBC PMI

New Delhi, Aug. 21 -- India's private sector activity expanded at a slightly faster pace in August, supported by an improvement in services activity, even as manufacturing growth slowed to its weakest... Read More


DGFT Allows Exporters To Receive Payments In Rupees While Retaining FTP Benefits

New Delhi, Aug. 21 -- India has removed a regulatory hurdle to wider rupee use in international trade by allowing exporters to receive payments in Indian currency while retaining Foreign Trade Policy ... Read More


3PL Operators Drive India's Warehousing Demand, Account For Up To 42% Of Annual Absorption

New Delhi, Aug. 21 -- Third-party logistics (3PL) operators are emerging as the largest occupiers of warehousing space in India, driving demand for larger, higher-quality and technology-enabled facili... Read More


SAIL Welcomes MMDR Amendment, Sees Stronger Domestic Iron Ore Availability

New Delhi, Aug. 20 -- Steel Authority of India Limited (SAIL) has welcomed the Mines and Minerals (Development and Regulation) Amendment Act, 2026, saying the reform will provide greater certainty in ... Read More


Aadhaar App Gains Momentum with 5 Crore Downloads and Growing Digital Updates

New Delhi, Aug. 20 -- The Aadhaar App has crossed 5 crore downloads, with users increasingly accessing Aadhaar-related services digitally, including mobile number, address and email updates, UIDAI sai... Read More


RBI MPC Minutes Signal Hawkish Shift; Rate Hike Possible In Q4FY27 Amid Widening Inflation Risks: ICICI Bank

New Delhi, Aug. 20 -- The minutes of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting indicate a more 'hawkish' stance than the accompanying policy statement, with members hig... Read More