Business

October 12, 2026 2:20 PM

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Equity mutual fund inflows rise 31% to ₹38,306 crore in September

Inflows into Indian equity mutual funds rose nearly 31 per cent month-on-month to 38,306 crore rupees in September. According to data released by the Association of Mutual Funds in India (AMFI), contributions through Systematic Investment Plans (SIPs) reached a record high of 32,490 crore rupees las...

October 11, 2026 6:20 PM

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RBI Tightens Rupee Derivatives Rules, Cuts Dollar Transaction Limit to $5 Million

The Reserve Bank of India (RBI) has introduced fresh restrictions on rupee derivatives to curb currency speculation and maintain an orderly foreign exchange market. The central bank has reduced the threshold for foreign exchange derivative transactions without underlying exposure from 100 million to...

October 11, 2026 5:33 PM

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RBI Announces Special Forex Facility for IOCL, HPCL and BPCL

The Reserve Bank of India (RBI) has announced a special facility to meet the entire daily US dollar requirements of three public sector oil marketing companies - Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL). Acc...

October 11, 2026 4:00 PM

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FPIs Withdraw ₹44,166 Crore from Indian Equities in October So Far

Foreign Portfolio Investors (FPIs) have offloaded Indian equities worth 44,166 crore rupees in October so far. According to the latest depository data, out of the total net outflows, 45,126 crore rupees were withdrawn through selling on stock exchanges as elevated crude oil prices, a firmer US dolla...

October 10, 2026 9:48 PM

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RBI Raises Daily CRR Maintenance Requirement for Banks to 99% from October 16

The Reserve Bank of India (RBI) said that banks will need to maintain 99 per cent of the required cash reserve ratio (CRR) daily starting from October 16, up from 90 per cent at present. The move follows a review of the current liquidity condition in the banking system and will help reduce the banki...

October 8, 2026 1:43 PM

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FM Nirmala Sitharaman chairs 57th GST Council meeting in New Delhi

The 57th GST Council meeting is underway at Bharat Mandapam in New Delhi. Union Finance Minister Nirmala Sitharaman is chairing the meeting. Maharashtra Chief Minister Devendra Fadnavis, Karnataka Chief Minister D. K. Shivakumar, Jammu and Kashmir Chief Minister Omar Abdullah, Haryana Chief Minister...