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The Latest Breaking News from RBI

Heat waves spell more trouble for oil-hit Asia

Asia faces a new inflation threat from El Niño as rising temperatures and dry weather are all set to increase food costs. This comes on top of existing oil price shocks. Countries like the Philippines and Pakistan are already seeing high inflation. El Niño is expected to intensify these pressures…

The Economic Times

HDFC Bank reduces lending rates on select tenures: Who will benefit?

HDFC Bank has adjusted its lending rates. Effective May 7, 2026, some loan tenures will see a reduction of up to 5 basis points. However, one tenure will experience a 5 basis point increase. These changes impact borrowers with loans linked to the MCLR regime. The bank's MCLR rates now…

The Economic Times

RBI likely to hold rates in June: HSBC

The Reserve Bank of India faces a tough choice in June. Economists predict no interest rate changes as the economy deals with rising energy costs and unpredictable weather. The RBI must balance fighting inflation with keeping economic growth strong. Any rate hikes are likely delayed until global supply chains stabilize…

The Economic Times

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Noel Tata’s IPO pushback said to trigger internal differences at Tata Group

A rift is emerging within the Tata conglomerate. Noel Tata opposes listing the parent firm, Tata Sons, despite upcoming Reserve Bank of India regulations. Two trustees will propose a public listing at an upcoming board meeting. This move aims to bring transparency and rigor. The Shapoorji Pallonji Group, a minority…

The Economic Times

Paytm rules out NBFC licence plans

Paytm, the fintech major, has decided against seeking a Non-Banking Financial Company license. The company prefers a partnership model for lending operations. This comes after Paytm Payments Bank's license was cancelled by the RBI. Paytm reported a consolidated profit of Rs 183 crore in its fourth quarter, a significant turnaround…

The Economic Times

RBI Cancels Licence of Paytm Payments Bank, Orders Wind-Up

In a significant regulatory action, the Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank Limited, effectively bringing an end to its operations as a bank from April 24, 2026.

Whats Hot

India wants 1,000 new clinical trial sites. Patients are still being left in the dark

Thirty-five-year-old Ritu Bhalla was twice diagnosed with blood cancer, at the ages of four and 11. She developed chronic hepatitis B as a long-term side-effect after cancer treatment.

Newslaundry

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India’s Digital Payments System Gets Major Security Upgrade from April 1

With the start of the new financial year, India’s digital payments ecosystem is undergoing a significant transformation as the Reserve Bank of India (RBI) introduces stricter authentication norms effective April 1, 2026. These changes are aimed at enhancing security amid rapidly growing transaction volumes and rising concerns over digital fraud.

Whats Hot

Why Did HDFC Bank Chairman Quit Suddenly?

The sudden resignation of HDFC Bank chairman Atanu Chakraborty has sent shockwaves through the financial markets, triggering a steep sell-off that wiped out over ₹1 lakh crore in investor wealth within hours and raising fresh concerns about governance at India’s largest private lender.

Whats Hot

RBI Recruitment 2026: Applications open for 650 assistant posts, check eligibility and how to apply

The Reserve Bank of India has opened applications for 650 Assistant posts nationwide. Eligible candidates with a Bachelor's degree and age between 20-28 years can apply online until the deadline. The selection process includes Preliminary and Main Examinations, followed by a Language Proficiency Test.

The Economic Times

Your guide to Golden Visas and homes in Greece, Turkey, Antigua and Malta that will buy you citizenship

Searches for citizenship by investment are soaring, so how does it work — and which of the over 100 options should you choose?

Evening Standard

Indian Rupee Slides to Fresh Record Low Amid Dollar Demand, RBI Absent

The Indian rupee fell to a fresh all-time low on Thursday as strong dollar demand from corporates and importers outweighed early gains, intensifying pressure on the local currency.

Whats Hot

₹92 per Dollar Isn’t Just a Number: Why a Weak Currency Makes Life Costlier in India

A weak rupee does not stay in currency markets. It quietly shows up in household budgets. When the rupee moves toward levels like 90 or beyond against the dollar, India starts paying more for fuel, food, education, healthcare, travel, and essential imports. Life does not feel expensive overnight. It feels…

Times Life

Did You Know? India’s Auto Industry Ended 2025 With a Powerful Sales Surge

The Indian auto industry closed 2025 with renewed confidence and strong momentum. December emerged as a key recovery month as leading carmakers recorded double digit growth in domestic sales. After struggling with weak demand earlier in the year, the sector benefited from improved affordability, supportive government policies, tax relief measures,…

MyLifeXP

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Barchart

5 "Best of the Best" Dividend Stocks to Own in 2026

These five companies come with above-average yields and buy ratings from Wall Street analysts.

Newslaundry

WhatsApp university blames foreign investors for the rupee’s slide – like blaming fever on a thermometer

On December 16, the rupee crossed the 91-per-dollar mark to touch an all-time low of 91.09. As soon as this happened a joke started going around on WhatsApp: USD (+1) = INR (+91). Finally ISD Codes and Exchange rate matched.

Newslaundry

Zero revenue, growing partners: The inside story of LLPs linked to Boby Chemmanur

In Kerala, there are more successful and wealthy businessmen than him, but none commands the fame and unique attention he has. This heir of a family jewellery business has built a massive personality cult, fueled by social media and the insatiable appetite of 24/7 television for the absurd.

inkl

Common Mistakes to Avoid During the Gold Loan Process

Gold is a safe and liquid asset that can offer financial security in times of need. Leveraging this valuable asset through a loan has become a popular option for those looking for quick liquidity without having to sell their jewellery. While the Gold Loan process appears straightforward, there are several…

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Euronews

Austrian bank takes centre stage as EU pushes new sanctions on Russia

Raiffeisen is seeking to offset €2.1 billion in damages imposed by a Russian court. As a solution, Austria has proposed to unfreeze the assets of a sanctioned Russian company. But the plan has proven controversial.

TechRadar

Burger King hacked - ethical hackers crack fast food security, and find it's as fragile as a French fry

Ethical hackers uncovered catastrophic flaws in Burger King systems, from weak passwords to leaked drive-through audio, exposing fragile cybersecurity practices.

PC Gamer

'Solid as a paper Whopper wrapper in the rain': Hackers reported 'catastrophic' cybersecurity flaws at Burger King before the fast food giant nuked their criticism off the 'net via DMCA

The hackers' blog post on the incident can still be accessed via the Wayback Machine.

Tom’s Hardware

Burger King hacked, attackers 'impressed by the commitment to terrible security practices' — systems described as 'solid as a paper Whopper wrapper in the rain,’ other RBI brands like Tim Hortons and Popeyes also vulnerable

Ethical hackers have detailed how they uncovered 'catastrophic' vulnerabilities in various Burger King systems.

Geekflare

This Indian Startup Is Making Cross-Border Payments Less Complicated

Cross-border payments have always been an issue for businesses, startups, and freelancers. As usual, legacy systems involve high transaction fees,

Radio France Internationale

Lawyers decry arrest of Rwandan opponent Ingabire as 'unlawful and arbitrary'

Lawyers for Rwandan opposition leader Victoire Ingabire say she is being targeted by a biased justice system after her arrest on Thursday evening, claiming there is no evidence linking her to an alleged plot to incite public unrest.

Newslaundry

Inside India’s shadow wealth: Just 3 lakh crorepatis in a nation of 1.4 billion

India’s wealthy elite love their cash – not just for convenience, but for what it hides. Despite a surge in digital payments, stacks of unaccounted currency still fuel real estate deals and many economic activities in the informal part of the economy, leading to tax dodging and funding of election…

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