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RBI leans on dollar inflows to support rupee amid growth and inflation concerns

The Reserve Bank of India opts for currency stabilisation through increased dollar deposits rather than traditional rate hikes, signalling a strategic shift that raises questions about long-term costs and the economy’s resilience. The Reserve Bank of India’s decision to leave…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

RBI bans banks from disabling borrowers’ devices for debt recovery, enforcing stricter protective measures

The Reserve Bank of India has introduced new rules preventing lenders from remotely disabling borrowers’ mobile phones and laptops to recover personal, car, and home loans, marking a significant shift towards safeguarding customer rights in debt collection practices. The Reserve…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

Delayed retirement savings can dramatically increase monthly contributions amid inflation and market uncertainty

Waiting to start retirement savings can lead to substantially higher monthly contributions due to shrinking time horizons, inflation, and market volatility, experts warn, highlighting the importance of early and adaptive financial planning. Retirement often feels distant while a salary is…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

Mumbai firm loses ₹1.98 crore in latest WhatsApp director impersonation scam

A Mumbai-based private company has fallen victim to a sophisticated WhatsApp-based scam, losing nearly two crore rupees after fraudsters posed as its director, highlighting a rising trend in cyber crimes targeting corporate staff. A Mumbai private company has reportedly lost…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

FISME urges CBIC to establish safe harbour and streamline GST processes for genuine businesses

The Federation of Indian Micro and Small & Medium Enterprises has proposed reforms including a statutory safe harbour, faster refunds, and simplified compliance measures to protect genuine firms under India’s GST system, aiming to reduce litigation and enhance working capital…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

RBI delays loan recovery rule implementation to 2027 to accommodate industry concerns

The Reserve Bank of India has extended the deadline for its revised loan recovery rules to January 2027, providing lenders additional time to adapt to stricter certification and operational standards amid industry feedback. The Reserve Bank of India has pushed…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India presses US for tariff exemptions amid evolving trade risks in bilateral deal

A parliamentary committee urges India to secure tariff exemptions for pharmaceuticals, smartphones, and critical minerals in talks with the US, amid rising trade protectionism and uncertainty, to bolster export confidence and accelerate the bilateral trade target of $500 billion by…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

RBI’s dovish stance sparks revival in Indian corporate bond issuance

The Reserve Bank of India’s softer policy shift has infused optimism into the corporate bond market, encouraging issuers like REC and NABARD to return with fresh debt offerings after a period of cautiousness driven by higher yields and market nerves.…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

RBI moves to restrict NBFCs to fixed-term loans, allowing credit cards only for authorised lenders

The Reserve Bank of India has proposed new regulations limiting non-banking financial companies to offer only fixed-term loans, narrowing the scope for revolving credit products and tightening control over credit card issuance. The Reserve Bank of India has proposed a…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Dabur India targets double-digit revenue growth amid geopolitical and inflation pressures

Dabur India aims for double-digit consolidated revenue growth by 2027, navigating geopolitical tensions, inflation, and supply-chain challenges while expanding premium offerings and international sourcing efforts. Dabur India said it is aiming for double-digit consolidated revenue growth in fiscal 2027, but…

  • apxadmin
  • August 6, 2026
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