RBI expected to hold rates on Aug 5

High frequency indicators, including industrial output and GST collections, point to resilient domestic activity. MUMBAI: RBI is expected to leave interest rates unchanged at its monetary policy committee meeting on August 5 as economists see little case for an immediate policy move despite rising inflation risks, with rupee being stable, resilient domestic growth and uncertainty…

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Education needs more capital, fewer curbs: Noel Tata

BENGALURU: Tata Trusts chairman Noel Tata on Sunday questioned restrictions on for-profit education, saying they discouraged investment in a sector where India needs far more quality colleges and universities.Speaking at IIMBue, an IIM Bangalore alumni meet in Bengaluru, Tata said only a small fraction of students secure admission to the country’s top institutions, forcing many…

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China gets just 1 FDI approval in India in FY26, Hong Kong secures 13 proposals

China’s share in India’s foreign direct investment (FDI) approvals remained largely negligible in 2025-26, with the government approving just one proposal worth Rs 1 crore during the year. In comparison, 13 proposals from Hong Kong, together worth Rs 610.42 crore, received approval, according to official data. These approvals fall under India’s investment screening rules for…

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RBI updates deposit rules: From differential rates to daily disclosures, here’s what’s changing

RBI changes deposit rules, allows differential bulk deposit rates and tighter disclosures. NEW DELHI: The Reserve Bank of India (RBI) has overhauled rules governing bulk deposits, allowing banks to offer differential interest rates based on liquidity risk under the Liquidity Coverage Ratio (LCR) framework while mandating daily public disclosure of bulk deposit rates to improve…

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