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October 7, 2026 9:43 PM
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The Reserve Bank of India (RBI) has removed Paytm Payments Bank Ltd (PPBL) from the list of scheduled banks following the cancellation of its banking licence. The RBI said PPBL has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934. The notification was published on Ju...
October 7, 2026 9:35 PM
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The second India- European Free Trade Association (EFTA) Prosperity Summit was held in New Delhi today. The summit brought together senior Indian and EFTA officials, business leaders and industry representatives to discuss trade, investment and economic cooperation. President of Switzerland Guy ...
October 7, 2026 9:30 PM
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India’s live events sector grew by 44 per cent over the last one year, with around 34 thousand events held across the country. Secretary of the Ministry of Information and Broadcasting Chanchal Kumar said this, addressing the 5th meeting of the Live Events Development Cell in New Delhi today. He sai...
October 7, 2026 8:47 PM
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The Reserve Bank of India (RBI) today said the recent 25-basis-point repo rate hike could moderate bank credit growth, which is currently above 18 per cent, but is unlikely to have a significant impact on overall economic expansion. RBI Governor Sanjay Malhotra said credit growth is expected t...
October 7, 2026 5:42 PM
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In the forex market, the rupee depreciated by 36 paise to close at 96 rupees and 78 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was trading at 102.34 in intra-day trade.
October 7, 2026 5:29 PM
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In Asian markets today, South Korea's Kospi index fell two per cent, Singapore’s Strait Times index declined over 1.6 per cent, Japan's Nikkei 225 dropped over 0.9 per cent, Hong Kong's Hang Seng dipped more than 0.6 per cent, and Taiwan's Taiex ended marginally down. Meanwhile, the market in Chin...
October 7, 2026 9:49 PM
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The Reserve Bank of India (RBI) today announced a series of developmental and regulatory measures aimed at enhancing customers' convenience and strengthening engagement with participants in financial markets. Under the Account Aggregator framework, the RBI has decided to introduce interoperability...
October 7, 2026 7:03 PM
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Benchmark domestic equity indices snapped their two-day rising streak today. The Sensex fell 429 points, or 0.6 per cent to close at 72,639. The Nifty dropped 173 points, or nearly 0.8 per cent to settle at 22,603. In the broader market at the National Stock Exchange, the Midcap 100 index lost o...
October 6, 2026 2:37 PM
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The country’s automobile retail sales rose 31.8 per cent year on year to over 25 lakh units in September this year, marking the best-ever first half of fiscal year, according to a report released by the Federation of Automobile Dealers Associations (FADA). Passenger vehicle (PV) sales grew 32.1 ...
October 6, 2026 2:21 PM
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The World Bank has raised its forecast for India’s GDP growth in the current financial year to 7.1 per cent, up from 6.6 per cent projected in April. The revision follows stronger-than-expected growth, with the economy expanding 7.8 per cent in the first quarter of FY27, supported by robust privat...
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Last Updated: 7th Oct 2026
