The government on Wednesday launched a Rs 4,531-crore Market Access Support (MAS) scheme to help Indian exporters participate in international fairs, exhibitions and buyer-seller meets, offering a boost at a time when shipments face headwinds from steep US tariffs, PTI reported.The MAS is the first component to be operationalised under the Rs 25,060-crore export promotion…
The Indian rupee is set to face sharp and persistent volatility through 2026 as capital outflows, tariff-related trade disruptions and weak foreign investment flows continue to outweigh the country’s strong macroeconomic fundamentals, analysts and official data indicate, PTI reported.Despite steady growth and moderate inflation at home, the currency is unlikely to find a durable floor…
India’s economy continues to expand at a robust pace, supported by strong domestic demand, low inflation and healthy bank balance sheets, even as risks from unsecured lending, fintech exposure, external uncertainties and stablecoins persist, the Reserve Bank of India said in its December 2025 Financial Stability Report (FSR), PTI reported.The report said the domestic financial…
The government on Wednesday kept interest rates unchanged on various small savings schemes, including Public Provident Fund (PPF), National Savings Certificate (NSC) and Sukanya Samriddhi Yojana, for the seventh consecutive quarter starting January 1, 2026, PTI reported.In a notification, the finance ministry said the interest rates for small savings schemes for the fourth quarter of…
India is projected to record high economic growth despite a volatile and unfavourable external environment, supported by strong domestic consumption and investment, Reserve Bank of India Governor Sanjay Malhotra said on Wednesday, PTI reported.“Maintaining financial stability and strengthening the financial system remains our north star,” Malhotra said in the foreword to the latest Financial Stability…
MUMBAI: Fino Payments Bank, promoted by Fino PayTech, received in-principle approval from the Reserve Bank of India (RBI) in early December 2025 to transition into a small finance bank, enabling lending operations after restructuring. Fino PayTech’s major shareholders are Bharat Petroleum, ICICI Bank group, Blackstone and Intel Capital. In an interview with TOI, Rishi Gupta,…
In the roads and highways segment, the government continues to prioritize the expansion and enhancement of the national highways network. By Sushi Shyamal VemuIndia’s infrastructure sector is experiencing a significant transformation, as major developers and Infrastructure Funds shift their focus from isolated project implementation to developing large-scale infrastructure platforms. This change is driven by increased…
The focus in 2026 will be on sustaining the growth momentum despite challenges like tariffs and foreign fund selloff. Financial assets are expected to be driven by central bank actions and trade deal prospects in the first half of 2026 amid heightened volatility. So, what should your strategy be in the New Year? Partha Sinha…
Asian markets slipped mostly into red on Wednesday, the final trading session of 2025, as investors remained cautious ahead of the New Year holiday and took cues from Wall Street losses.In Hong Kong, HSI slipped over 224 points to 25,630. Nikkai was also trading at a loss, shedding 187 points or 0.3%. Shanghai and Shenzhen…
As 2025 comes to an end and the new year is almost here, customers across India are looking for clarity on whether banks will be open on December 31 and January 1. While banks in some states will remain closed on December 31, 2025, others will continue normal operations on New Year’s Eve and the…