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Robust inflows into FCNR (B) deposits: Banking system liquidity surplus at Rs.6.65 lakh cr

New Delhi, Sept. 1 -- Thanks to the robust inflows into FCNR (B) depositsduring the June 8, 2026 to August 31, 2026 period under the RBI's concessional swap facility, the banking system is currently a... Read More


Recycled plastics market to hit $11.71 billion by 2031

New Delhi, Sept. 1 -- India's copper demand is expected to rise to about 3.2 million tonne by 2030 from about 1.9 million tonne with scrap already meeting nearly 38 per cent of current copper demand, ... Read More


SAT dismisses Omaxe appeal against SEBI order over financial statement irregularities

New Delhi, Sept. 1 -- The Securities Appellate Tribunal (SAT), on Tuesday, dismissed an appeal filed by realty firm Omaxe against a Securities and Exchange Board of India (SEBI) order relating to alle... Read More


India's CAD widens to $4.2 billion in Q1FY27 from $3.4 billion in Q1FY26

New Delhi, Sept. 1 -- India's current account deficit(CAD) widened to $4.2 billionin the first quarter (Q1) of FY27 against $3.4 billion in the year ago quarter due to higher merchandise trade deficit... Read More


Rupee at 2-month high on FCNR (B) deposit inflows, RBI intervention

New Delhi, Sept. 1 -- Therupee closed below 95 on Tuesday, a two-month high of 94.95 per US dollar, buoyed by robust Foreign Currency Non-Resident (Bank)/ FCNR (B) deposit inflows under the RBI's conc... Read More


Ujjivan SFB MD & CEO exit, Kotak succession race gains momentum amid banking sector leadership churn

New Delhi, Sept. 1 -- After a series of churns among bank chief financial officers (CFOs) in June, India's banking sector is witnessing a fresh wave of leadership transitions, with Ujjivan Small Finan... Read More


Tata Elxsi, Sarla Aviation sign MoU to build India's first indigenous eVTOL aircraft

New Delhi, Sept. 1 -- Tata Elxsi Limited and Sarla Aviation have signed a Memorandum of Understanding to jointly develop Shunya, a six-seater plus pilot electric vertical take-off and landing aircraft... Read More


Kalpataru Projects arm incorporates Indian subsidiary to boost engineering operations

New Delhi, Sept. 1 -- Kalpataru Projects International Limited announced on Tuesday that its step-down subsidiary has incorporated a new wholly owned company in India, expanding its operational footpr... Read More


September Bank Holidays 2026: Check full list of dates & closures

New Delhi, Sept. 1 -- Bank branches across India will observe multiple closures throughout September 2026, with the holiday schedule varying from state to state based on regional festivals, local obse... Read More


Spotify gives premium users 3-day head start on new music in India

New Delhi, Sept. 1 -- Spotify launched Premium Early Access in India on August 28, giving subscribers on Standard, Platinum, and Student plans exclusive first access to select new releases up to three... Read More