Reserve Bank of India has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the U.S. dollar as geopolitical tensions rise. The Reserve Bank of India (RBI) has recommended to the government that a proposal connecting the central bank…
Reserve Bank of India has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the U.S. dollar as geopolitical tensions rise. The Reserve Bank of India (RBI) has recommended to the government that a proposal connecting the central bank…
Representative image. | Photo Credit: Getty Images/iStockphoto The rupee breached the 91-a-dollar mark for the second time in a month before ending 14 paise down at 90.92 (provisional) against the greenback on Monday (January 19, 2026), as renewed concerns over global trade uncertainties accelerated foreign fund withdrawal. Despite weak American currency and lower crude oil…
This upward revision was primarily a reflection of stronger-than-expected growth in the third quarter, and “strong momentum” in the fourth quarter, the IMF said. File | Photo Credit: Reuters The International Monetary Fund has revised upwards its estimate of India’s GDP growth in the current financial year 2025-26 to 7.3% from its earlier prediction of…
Stock market benchmarks Sensex and Nifty ended lower on Monday (January 19, 2026), tracking deep losses in heavyweights Reliance Industries, Eternal, and ICICI Bank amid global tariff uncertainties. Besides, weakness in the rupee and unabated flight of foreign capital from Indian equities also made investors jittery, traders said. The 30-share BSE Sensex declined 324.17 points,…
Budget 2026 expectations: Micro, small and medium enterprises (MSMEs) in India are looking forward to Union Budget 2026 reinforcing GST reforms, ensuring operational ease and continuity for the sector, a NeoInsights study showed. As many as 86% of MSMEs expect business growth in 2026 aided by GST reforms and are pinning hopes on Finance Minister…
Silver prices soared to a new high of over $94 an ounce on Monday, resulting in prices in the futures market in India zooming past ₹3 lakh a kg. Along with the white precious metal, gold gained one per cent at over $4,660 an ounce, while platinum group of metals (PGMs) rose by one per…
Union Finance Minister Nirmala Sitharaman is set to present her ninth straight Budget on 1 February, 2026. Budget 2026 will be a year of many firsts — with the top one being the first time it will be held on a Sunday. Ahead of Budget 2026, sectors and industries across India are expecting a boost…
From the 30-Sensex firms, ICICI Bank dropped 3% after its consolidated profit for the December quarter declined 2.68% to ₹12,537.98 crore, hit by an RBI-mandated ₹1,283-crore provision for agricultural loans wrongly classified as priority sector advances. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined in early trade on Monday (January 19,…
In the international market, the March silver futures contract jumped by $5.81, or 6.56 per cent, to hit a record of $94.35 per ounce. | Photo Credit: istock.com Silver prices surged on Monday to breach the record ₹3 lakh-per-kg mark in futures trade for the first time, riding on strong investor demand and positive global…
