Business

Rupee Falls 8 Paise as Rising Crude Oil Prices Add Pressure

The Indian rupee weakened by 8 paise against the US dollar in the latest trading session, a move local dealers and market reports linked to rising global crude oil prices. For an economy that imports most of its oil, the change underscores how international commodity moves feed into Indian markets and policy debates. What happened ... Voir l'article

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How to check the status of your Indian income tax refund online

If you filed an Income Tax Return (ITR) in India and are waiting for a refund, the government provides online tools to check the progress. This guide explains the main online routes, what the status messages typically mean, and why these checks matter for non-resident Indians and international investors. Why this matters outside India India’s ... Voir l'article

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Centre considering threefold rise in threshold for government approval of large foreign investments

India’s federal government is reported to be examining a proposal to raise the monetary threshold above which foreign direct investment (FDI) transactions require explicit government approval, from the present figure of Rs 5,000 crore to Rs 15,000 crore. The change, if implemented, would mean many larger inward investments would pass through the automatic route without ... Voir l'article

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What India can do if the US imposes sweeping 100% tariffs

Reports that the United States might impose very high tariffs on Indian exports have prompted debate in New Delhi and in business circles abroad about the practical options available to India. The response would combine legal, trade-policy and market measures; how effective each would be depends on facts that have not been publicly confirmed. Why ... Voir l'article

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RBI drops priority-sector classification for FCNR(B) deposits — what it means for Indian banks and overseas depositors

The Reserve Bank of India has removed Foreign Currency Non-Resident (Bank) — FCNR(B) — deposits from being counted under the priority sector lending framework. The change alters how banks meet regulatory lending targets and may shift how they manage foreign-currency funds placed by non-resident Indians. What the change is, in plain terms The priority sector ... Voir l'article

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Why NBFC gold loans jumped — and what it means outside India

Non-bank finance companies (NBFCs) in India have reported a sharp rise in gold-backed lending even as the Reserve Bank of India (RBI) has tightened rules around such loans. Reported growth of nearly 70% in NBFC gold-loan books has drawn attention from investors and regulators alike. What changed: tighter rules, surprising growth The Reserve Bank of ... Voir l'article

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RBI action on revolving credit drags down NBFC stocks

The Reserve Bank of India (RBI) has taken a step on revolving credit that prompted a market reaction: shares of non-banking financial companies (NBFCs) fell after the announcement. The move has put a spotlight on a funding tool widely used across Indian finance and the potential knock-on effects for lenders and investors outside India. What ... Voir l'article

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Global food prices rise in July as cereals and sugar gain — what this means for India

International food prices rose in July, driven by firmer cereal and sugar quotations, according to recent market reports. For India — a major producer and consumer of staples — the move has implications for inflation, trade balances and agricultural businesses that supply global markets. What happened on world markets Global food-price measures recorded an increase ... Voir l'article

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