News
MCXCCL levies additional margin in gold, silver futures
2+ hour, 20+ min ago (149+ words) Multi Commodity Exchange Clearing Corporation, part of the country's largest commodity exchange, has levied an additional margin on gold and silver futures. MCXCCL said in view of periodic review of adequacy of risk management measures and to mitigate systemic risk,…...
Voltas bets on first-time buyers to drive summer demand rebound
3+ hour, 35+ min ago (340+ words) Voltas expects a double-digit revenue growth in its room air conditioner business this "summer, betting on first-time buyers to lead a rebound "in demand after a subdued season last year, according "to a senior company executive. Industry estimates show "only…...
Budget borrowing casts a shadow on monetary transmission
11+ hour, 30+ min ago (253+ words) Budget 2026 has put borrowing concerns front and centre for India's financial markets. The government's plan to raise "17.2 lakh crore through dated securities this fiscal is higher than expected, immediately raising flags for investors and policymakers alike. Such elevated borrowing is…...
Letters to Editor - The HinduBusinessLine
20+ hour, 4+ min ago (261+ words) Letters to Editor The US retreat from its tariff face-off is less a capitulation by India, and more a convergence of constraints Market access in specific agricultural items, limited easing on digital trade frictions, and calibrated procurement openings being tactical,…...
$/₹ buy-sell swap: Banks seek to deploy $25 b against notified amount of $10 b
21+ hour, 9+ min ago (184+ words) The Reserve Bank of India's (RBI) bid to absorb dollars and provide durable rupee liquidity to the banking system via a three-year US dollar/rupee buy/sell swap auction on Wednesday saw robust demand, with market participants seeking to deploy…...
Lenders urge RBI to ease liquidity rules amid loan demand surge
1+ day, 30+ min ago (233+ words) Indian lenders asked the central bank to relax a number of liquidity rules to allow them unlock more funds for growth, according to people familiar with the matter, as demand for loans grows faster than deposits. Lenders are seeking permission…...
Fiscal prudence will not hurt liquidity for government procurement, says Vualnam
1+ day, 1+ hour ago (417+ words) Addressing the Global Procurement Summit, he highlighted that public finance management has moved largely online, making transactions faster, transparent and trackable Fiscal prudence won't affect liquidity for government procurement: Expenditure Secretary Addressing the Global Procurement Summit, he highlighted that public…...
India-China bilateral trade reached $155 billion in 2025: Envoy
1+ day, 5+ hour ago (359+ words) The India-China bilateral trade reached a "record high" of USD 155 billion in 2025, clocking a year-on-year growth of over 12 per cent, Chinese ambassador Xu Feihong said on Tuesday. Xu said China supports India's BRICS presidency, stands ready to strengthen multilateral coordination…...
Services PMI rose to 2 months high of 58.5 in January
1+ day, 6+ hour ago (215+ words) The services sector performed well in January, as the Purchasing Managers" Index (PMI) rose to a two-month high of 58.5 compared to 58 in December, S&P Global reported on Wednesday. The most notable feature was an improvement in the job scenario…...
3-day RBI MPC meet begins today, policy decision due on Friday
1+ day, 8+ hour ago (284+ words) The three-day meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) begins today, with the policy outcome scheduled to be announced on Friday by RBI Governor Sanjay Malhotra. The meeting comes at a time when…...