Trend Indian Economy - Latest news, views and updates

RBI Should Roll Back Restrictions On Gold Loans, Says Former Tamil Nadu CM

TREND | 23 May 2025

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AIADMK general secretary Edappadi K Palaniswami said these severely affect the poor and middle-class families dependent on such loans during emergencies.

Credit card spends rise 18% to 1.84 trillion in April, shows RBI data

TREND | 23 May 2025

Business Standard

Credit card spends surged 18 per cent YoY in April but fell 8.7 per cent from March, as issuers remained cautious on new cards due to stress in unsecured portfolios

RBI dividend: Jalan panel recommendations hold strong, minor tweaks needed

TREND | 23 May 2025

Business Standard

RBI's dividend transfer to the government based on Bimal Jalan committee recommendations has "stood the test of time" and only some tweaking may be required for the coming five years, a government source said on Friday. The source said that at a time when the economy is seeing a steady, consistent growth, some alteration in dividend transfer formula may be required to suggest what should be the set formula for the next five years. The source said the dividend transfer so far has been calculated based on the Bimal Jalan-panel's ECF recommendations and certainly the time to review the framework has come. "The Bimal Jalan panel recommendations has stood the test of time, even during Covid... I don't see Jalan panel formulations coming to such an end. Some kind of alterations will happen and RBI is working on it, may be some tweaking (of the panel recommendations)," the source said. The RBI gives dividend to the government on the basis of its Economic Capital Framework (ECF), which was

Six-member board to regulate payment systems: RBI notification

Business Standard | 23 May 2025

RBI's board approves record 2.69 trillion surplus transfer to govt

TREND | 23 May 2025

Business Standard

RBI approves a record 2.69 trillion surplus transfer to the Centre for FY25 while revising the Contingent Risk Buffer range to 7.5 to 4.5 per cent of its balance sheet

US revises tax on outbound remittances to 3.5%

Business Line | 23 May 2025 9 more

RBI to transfer 2.69 lakh crore surplus to Govt for FY25, up 27% from FY24

Business Line | 23 May 2025

RBI To Pay Record Rs 2.69 Lakh Crore Dividend To Government For FY25

NDTV Profit | 23 May 2025

RBI dividend formula based on Jalan panel stood test of time, minor tweaks likely

Business Line | 23 May 2025

Tariff uncertainties pose growth risks, says RBI Governor Sanjay Malhotra

Business Standard | 23 May 2025

RBI reviewing shareholding norms for banks, says Guv Sanjay Malhotra

Business Standard | 23 May 2025

Govt to have a say in new payments regulatory board with a significant role

RBI proposes special shares for UCBs as new route to raise capital

RBI may allow urban co-operative banks to issue Special Share Certificates without voting rights

RBI Discussion Paper Proposes To List Securities Of Urban Co-Operative Banks

NDTV Profit | 22 May 2025

RBI expects interest rates to fall after new co-lending norms take effect

TREND | 22 May 2025

Business Standard

RBI met fintech industry bodies to discuss new co-lending norms that propose blended interest rates, which may reduce borrowing costs for digital loan customers

Outward remittances under LRS fall 6.85% to $29.56 billion in FY25

Business Standard | 22 May 2025 9 more

RBI net sells $34.5 bn in FY25, highest since global financial crisis

RBI's rate cuts, and expectations of more, can ease your home loan EMI

Grasim raises 1,000 cr via bonds at record-low rate

NRI deposits rise nearly 10% in FY25 to $16.16 bn, RBI data shows

RBI likely to opt for deeper interest rate cuts amid slower growth, low inflation: Morgan Stanley

RBI bought net $14.36 billion in spot forex market in March

Banks seek overnight liquidity ops, easier reserve norms from RBI

Solid & liquid: RBI lets cash flow into the financial system

Economic Times | 22 May 2025

RBI to slow cash boost after $100 billion injection; surplus transfer eyed, say economists

Business Line | 21 May 2025

Notes in circulation rose to Rs 34.8 trn in 2024: RBI's monthly bulletin

TREND | 22 May 2025

Business Standard

CAGR of notes in circulation in value terms higher than volume terms last year

IIHL to support IndusInd Bank with additional equity if needed: Hinduja

TREND | 22 May 2025

Business Standard

After a weak Q4, IIHL affirms its willingness to infuse equity into IndusInd Bank for growth, while awaiting RBI nod to raise its stake from 15% to 26%

Foreign tourist arrivals strongly correlated with travel search: RBI report

Business Standard | 22 May 2025 9 more

Average mandi prices of major food crops ruling below MSP: RBI article

IndusInd Bank Board Should Have Been Superseded, Says Former RBI ED Pant

NDTV Profit | 22 May 2025

United Forum of IDBI Officers and Employees urges Centre to revisit IDBI Bank sale move

Outlook for India is one of cautious optimism: RBI Bulletin

Short bonds are on a roll betting on dividend windfall

Trade tensions, policy uncertainty still hurting global growth, but India shows resilience: RBI

Outlook for India is one of cautious optimism, says the RBI report

IndusInd Bank Board To Submit New CEO Names To RBI For Approval By June 30

NDTV Profit | 21 May 2025

RBI's Internal Review On Economic Capital Framework Divided On Future

NDTV Profit | 21 May 2025

2025 Smartphone Guide: The Best Phones For Every Budget

TREND | 22 May 2025

NDTV Profit

The best smartphones in 2025 span from affordable models to premium devices, offering options that balance performance, features and value for different user needs.

IndusInd Bank Q4 Results Review: IDBI Capital Downgrades To 'Sell' On Loss Reported Led By Discrepancies

TREND | 22 May 2025

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IDBI Capital downgrades IndusInd Bank to Sell rating with a new target price of Rs 680 at P/ABV of 0.75x FY27E as management appointments are yet to be finalised by RBI.

House GOP pushes Trump tax cuts bill but report says it will add to deficit

TREND | 21 May 2025

Business Standard

House Republicans are pushing to vote on their multi-trillion-dollar tax breaks package as soon as Wednesday, grinding out last-minute deal-making to shore up wavering GOP support and deliver on President Donald Trump's top legislative priority. Trump himself had instructed the Republican majority to quit arguing and get it done, his own political influence on the line. But GOP leaders worked late into the night to convince sceptical Republicans who have problems on several fronts, including worries that it will pile onto the nation's USD 36 trillion debt. A fresh analysis from the Congressional Budget Office said the tax provisions would increase the federal deficit by USD 3.8 trillion over the decade, while the changes to Medicaid, food stamps and other services would tally USD 1 trillion in reduced spending. The lowest-income households in the US would see their resources drop, while the highest ones would see a boost, the CBO said. Republicans prepared to hunker down at the...