The Reserve Bank of India (RBI) on Friday announced the launch of the next round of three key surveys — including one on inflation expectations — aimed at providing critical inputs for formulating monetary policy.The November 2025 round of the Inflation Expectations Survey of Households (IESH) will capture households’ subjective assessments of price movements and…
Growth in bank credit to industry eased to 7.3 per cent in September 2025, compared with 8.9 per cent in the same period a year earlier, according to Reserve Bank of India (RBI) data released on Friday.On a year-on-year basis, non-food bank credit rose 10.2 per cent as of the fortnight ended September 19, 2025,…
Currently, Indian exports face a huge 50 per cent additional import duty in the US. (AI image) India-US trade deal soon? Commerce minister Piyush Goyal has said that India is in advanced stages of talks with the US for a bilateral trade agreement. Goyal’s statement assumes significance as it comes on the back of American…
Businesses that have not filed their pending GST returns for three years or more will no longer be able to do so beginning the November tax period, according to an advisory from the Goods and Services Tax Network (GSTN).The GSTN, which manages the technology backbone of the indirect tax system, said that monthly, quarterly, and…
India’s foreign exchange reserves fell by $6.93 billion to $695.35 billion during the week ended October 24, according to data released by the Reserve Bank of India (RBI) on Friday.In the previous reporting week, overall reserves had risen by $4.50 billion to reach $702.28 billion, PTI reported.The RBI data showed that foreign currency assets (FCA),…
Eyewear retailer Lenskart Solutions Ltd’s Rs 7,278-crore initial public offering (IPO) was fully subscribed on the first day of bidding on Friday, drawing strong interest from institutional and retail investors, according to exchange data.As per NSE data till 15:06 hours, the issue received bids for 10.58 crore shares against 9.97 crore shares on offer, translating…
Even as Indian refiners are expected to adhere to the sanctions, they are also expected to continue procurement of Russian crude from non-sanctioned firms. (AI image) Despite US President Donald Trump’s pressure on India to stop purchasing crude oil from Russia, state-run Indian Oil Corporation has placed an order for five cargoes scheduled for December…
Soybean trade between the US and China is set to resume after months of halted purchases. Beijing had refused to purchase American soybean after the two nations got embroiled in tariff tensions.Now, China has agreed to buy 12 million metric tonnes from the United States in the ongoing season till January. However, this is still…
Asian shares are trading mixed on Friday after the Wall Street sank from record heights despite United States’s trade truce with China and profits of Big Tech giants exceeded expectations.Taiwan’s benchmark added 104 points or 0.37% to reach 28,392 at 10:31 AM IST. Japan’s Nikkei led the gains, jumping over 790 points to reach 52,118.Kospi…
Eyewear retailer Lenskart Solutions has opened its initial public offering (IPO) on Friday, aiming to raise Rs 2,150 crore through a fresh issue of shares, while promoters and existing investors will sell 12.75 crore shares via an offer for sale (OFS).The IPO will remain open till November 4 and the company is set to hit…
