RBI study finds banks pass on repo hikes more fully than cuts, transmitting 76.4% during tightening versus 64% during easing. MUMBAI: A study by RBI has found that interest rates adjust upward more completely during a tightening phase than they do downward during an easing phase.According to the study, published in RBI Bulletin, banks passed…
NEW DELHI: Five companies are set to launch their initial public offerings (IPOs) next week, seeking to raise close to Rs 2,600 crore from the primary market.The upcoming issues include EAAA India Alternatives, SFC Environmental Technologies, M K Sons Fine Jewels, BLS Polymers and Bombay Coated and Special Steels, with subscription windows opening between October…
Market capitalisation of eight of the top-10 firms erodes by Rs 1.55 lakh crore NEW DELHI: The combined market valuation of eight of India’s top 10 most valuable companies declined by Rs 1.55 lakh crore last week, with HDFC Bank and Bajaj Finance emerging as the biggest losers. Tata Consultancy Services (TCS) and Larsen &…
The GST Appellate Tribunal has ruled that airlines can claim refunds of Goods and Services Tax (GST) paid on cancelled flight tickets if they have returned both the fare and the tax to passengers and can substantiate the refunds with supporting documents.In the case of Singapore Airlines Ltd versus Kochi Commissioner of CGST & CE,…
MSME business confidence improves despite rising input costs India’s micro, small and medium enterprises (MSMEs) reported stronger business confidence in July-September 2026, with manufacturing emerging as the most optimistic sector even as rising input costs continued to put pressure on businesses, according to the Small Industries Development Bank of India (SIDBI).The MSME Business Confidence Index…
Industrial growth may ease to 6% India’s industrial production growth is projected to slow to 6% in September 2026 from 8% in August, as a steep drop in capital goods output and a sharper contraction in mining weigh on the overall index, according to a research report by Union Bank of India.The expected moderation comes…
FPIs continue selling (representational image) NEW DELHI: Foreign Portfolio Investors (FPIs) have withdrawn Rs 48,056 crore from Indian equities in October so far, amid high crude oil prices, escalating Middle East tensions, inflation concerns and weak corporate earnings. Despite the heavy outflows, selling eased in the week ended October 23, with FPIs turning net buyers…
NEW DELHI: Dalal Street is heading into a busy week, with company earnings, US Federal Reserve’s interest rate decision, crude oil prices and tensions in Middle East tensions keeping investors on edge. The debut of Jio Platforms on the stock exchanges on October 28 and the buying and selling activity of foreign investors will also…
France’s debt, taxes and borrowing costs rise as economic growth slows France is facing mounting pressure on two fronts: growing public anger over the cost of living and an economy struggling with high debt, taxes and weak growth. Student protests that began with school blockades have spread, turning violent, putting the spotlight on the country’s…
US Fed expected to hold interest rates steady despite persistent inflation (representative image) The US Federal Reserve is widely expected to keep interest rates unchanged at its meeting next week, despite persistent inflation and market expectations of at least one more rate hike before the end of the year, according to analysts cited by news…
