Business RBI to Pilot ₹10 and ₹20 Polymer Banknotes in Existing Dimensions to Cut ATM Recalibration Costs October 31, 2026 Dhananjai The Reserve Bank of India (RBI) is preparing to introduce polymer-based ₹10 and ₹20 banknotes while keeping their dimensions identical to existing paper notes to avoid expensive machine recalibration. A…
Business Jio Platforms Makes Historic Market Debut, Propelling Reliance Group to India’s Most Valued Business House October 29, 2026 Dhananjai MUMBAI — Jio Platforms delivered a record-setting stock market debut on Wednesday, instantly securing its position as India’s second-largest publicly traded company and the fifth-highest valued telecommunications provider globally. The…
Business Union Finance Minister Counters Opposition Leader Over Tata Group Allegations October 28, 2026 Dhananjai Finance Minister Nirmala Sitharaman strongly rejected claims made by Leader of Opposition Rahul Gandhi regarding the state of the Tata group, urging him to stop politicising commercial affairs and undermining…
Business RBI Hikes Policy Repo Rate to 5.5% to Counter Inflationary Pressures October 7, 2026 Dhananjai The Reserve Bank of India (RBI) has initiated a monetary tightening cycle, raising the benchmark repo rate by 25 basis points to 5.50%. The move comes in response to mounting…
Business India Advances Polymer Currency Plans: Two Major Firms Bid for RBI’s Plastic Banknote Pilot October 5, 2026 Dhananjai The Reserve Bank of India (RBI) is moving forward with plans to introduce polymer-based currency notes, initiating ground-level preparations for field trials of ₹10 and ₹20 denominations. As part of…
Business RBI Urges Caution Against Complacency Despite Financial Resilience October 4, 2026 Dhananjai While India’s financial architecture remains resilient amid ongoing global tensions in West Asia, authorities caution against complacency regarding prospective market shocks. Reserve Bank of India (RBI) Governor Sanjay Malhotra emphasized…
Business Mandatory Biometric Verification for LPG Subsidy Effective October 1 September 28, 2026 Dhananjai Starting October 1, 2026, domestic cooking gas consumers across India must complete Biometric Aadhaar Authentication (BAA) to continue receiving the ₹210 government subsidy per cylinder. The Ministry of Petroleum and…
Business Three-Day Nationwide Bank Strike to Hit Branch Operations from September 28 September 27, 2026 Dhananjai Bank branches across the country are poised for widespread operational interruptions starting Monday, September 28, 2026, as employee unions launch a planned 72-hour national strike. The industrial action is aimed…
Politics Cabinet Hikes EPFO Wage Limit to ₹25,000, Adding Over 51 Lakh Formal Workers September 17, 2026 Dhananjai The Union Cabinet has approved an increase in the mandatory wage ceiling under the Employees’ Provident Fund Organisation (EPFO) from ₹15,000 to ₹25,000 per month. The move, sanctioned during a…
Business UPI Zero-Fee Era Ends: NPCI Rolls Out 0.4% MDR on Large Merchant Transactions September 16, 2026 Dhananjai India’s Unified Payments Interface (UPI) is set to conclude its completely fee-free era for large commercial transactions starting October 15, as the National Payments Corporation of India (NPCI) introduces a…