Finance
Sensex Crashes 600 Points, Nifty Slides Below 26,000 as Fed Jitters, FII Outflows and Rupee Weakness Shake Markets
Sensex Crashes 600 Points: Amid a wave of global caution, relentless FII selling, a sharply weakened rupee and rising crude oil prices, Indian equity markets recorded one of their weakest sessions in months. Both benchmark indices slipped sharply on Monday, with heavy damage across mid- and small-cap segments, wiping out ...
RBI Cuts Repo Rate to 5.25% as Inflation Hits Record Lows; FY26 Growth Outlook Upgraded to 7.3%
RBI Cuts Repo Rate to 5.25%: The Reserve Bank of India’s Monetary Policy Committee (MPC) has delivered a decisive 25 basis-point repo rate cut to 5.25%, signalling a strong growth-supportive stance as inflation softens sharply and economic momentum remains robust. The latest move, approved unanimously, is the fourth rate reduction ...
RBI Hits HDFC Bank With ₹91 Lakh Penalty for Major Compliance Breaches; Mannakrishna Investments Also Faces Action
The Reserve Bank of India (RBI) has taken significant enforcement action against two financial institutions—HDFC Bank Limited and Mannakrishna Investments Private Limited—after inspections revealed serious lapses in regulatory compliance. The central bank imposed a ₹91 lakh penalty on HDFC Bank for violations across KYC norms, outsourcing rules, interest-rate directives, and ...
India’s Q2 FY26 GDP Soars to 8.2%, Marking Strongest Quarter of the Financial Year
India’s Q2 FY26 GDP Soars to 8.2%: India’s economy delivered a powerful performance in the July–September quarter of FY 2025-26, achieving 8.2% real GDP growth, according to the latest Quarterly Estimates released by the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI). This surge, significantly higher than ...
GAIL Shares Tumble Over 6% as PNGRB Approves Lower-Than-Expected Pipeline Tariff Revision
GAIL shares fell sharply on Friday after the Petroleum and Natural Gas Regulatory Board (PNGRB) released its long-awaited revision of the integrated natural gas pipeline tariff. The regulator approved a tariff of ₹65.69–₹65.7 per MMBtu, marking a 12% increase from the current ₹58.6/MMBtu. However, the hike is significantly lower than ...
Gold Prices Ease After Recent Rally as Fed Rate-Cut Expectations Strengthen; Silver Extends Gains Across Markets
Gold prices retreated slightly on November 27 after climbing for two consecutive sessions, as investors weighed rising expectations of a December interest rate cut by the US Federal Reserve. Despite the pullback, the yellow metal continues to trade near its recent highs in both global and domestic markets. Silver, meanwhile, ...
ITR Refunds Are Delayed: CBDT’s High-Value Checks, New Refund Timeline 2025, and How to Check Your Refund Status
ITR Refunds Are Delayed: For lakhs of taxpayers across India, Income Tax Refunds for FY 2024–25 (Assessment Year 2025–26) have been stuck for weeks despite timely filing. With rising frustration over delays, the Central Board of Direct Taxes (CBDT) has finally clarified the real reasons behind the slowdown, confirmed the ...
OBR Accidental Leak Exposes Full UK Budget 2025: Major Tax Rises, Frozen Thresholds and Surprising Policy Shifts Revealed
In an unprecedented and highly disruptive turn of events, the Office for Budget Responsibility (OBR) accidentally published its full Economic and Fiscal Outlook nearly an hour before Chancellor Rachel Reeves was due to present the UK Budget 2025. The premature release — live for a short period on an unprotected ...
UK Autumn Budget 2025: Tax Rises, Cost-of-Living Crisis and Industry Pushback
UK Autumn Budget 2025: The UK is heading into one of its most consequential Autumn Budgets in years, as Chancellor Rachel Reeves prepares to unveil a sweeping package of tax rises, welfare reversals and fiscal tightening on 26 November. With Britain struggling under stagnant growth, rising living costs and mounting ...
Rupee Collapses to Historic 89.50 per Dollar as RBI Scales Back Support and Trade Uncertainty Deepens
The Indian rupee plunged to an unprecedented low on Friday, slipping past the long-defended 88.80 mark and hitting levels near 89.50 against the US dollar. The sudden and sharp slide, driven by fading expectations of a US Federal Reserve rate cut, escalating US–India trade tensions, heavy foreign investor outflows, and ...
