India News and Economic Updates
NSE Indices to make changes in Nifty ESG and Shariah indices in July 2026 review
Several benchmark structure changes for index-based investment products in the Indian capital market will be implemented at the end of July. NSE Indices Limited stated that these revisions will ...
NSE has sought clarification from several listed companies regarding unusual price and volume activity
Amid sharp price and volume fluctuations in shares of several listed companies in the Indian stock market, the process of providing updated information to investors is ongoing. In this context, ...
NSE seeks clarification from CARYSIL and several other companies over unusual market activity
After unusual price and trading activity in shares of several listed companies in the Indian stock market, the National Stock Exchange has initiated a clarification process to protect investors' ...
RBI offers ₹21,700 crore borrowing for 12 states and a union territory in auction
In the next phase of state governments' market borrowing, 12 states and one union territory have proposed to issue a total of ₹21,700 crore in State Government Securities through auction. This ...
RBI to conduct 7-day VRR auction on July 20
Amid changing liquidity conditions, the Reserve Bank of India is conducting a 7-day Variable Rate Repo (VRR) auction on July 20, 2026. This move is for an amount of ₹1.25 lakh crore under the ...
The Reserve Bank of India has set the redemption price for Sovereign Gold Bonds maturing in July 2026
For investors in gold-linked financial instruments in India, the redemption prices have been fixed for two Sovereign Gold Bond series maturing in July 2026. This announcement applies to SGB ...
RBI imposed a regulatory penalty of Rs 310,000 on Satya MicroCapital
The Reserve Bank of India has imposed a monetary penalty of Rs 310,000 on Satya MicroCapital Limited for violation of asset classification-related guidelines. In its order dated July 13, 2026, ...
RBI imposed a fine of Rs 5.80 lakh on Muthoot Finance for KYC violations
In its order dated July 10, 2026, the Reserve Bank of India imposed a monetary penalty of Rs 5.80 lakh on Muthoot Finance Limited for non-compliance with certain provisions of KYC guidelines. This ...
RBI imposed a fine of Rs 3.10 lakh on PAN Emami Cosmed for regulatory violations
The Reserve Bank of India has imposed a monetary penalty of Rs 3.10 lakh on PAN Emami Cosmed Limited for violation of credit and investment concentration norms. This action, taken in the order ...
Increase in India's foreign exchange reserves and bank deposits, RBI continues liquidity absorption in weekly supplement
The latest weekly and fortnightly data of the Indian banking system show mixed but broad-based strength in foreign exchange reserves, bank deposits, and money supply. As of July 10, 2026, total ...
RBI imposed a fine of Rs 620,000 on Avail Financial Services for regulatory violations
The Reserve Bank of India has imposed a monetary penalty of Rs 620,000 on Avail Financial Services Limited for violations related to governance and credit/investment concentration norms. This ...
RBI fined Muthoot Vehicle and Asset Finance for KYC violations
The Reserve Bank of India, in its order dated July 13, 2026, has imposed a monetary penalty of Rs 2.70 lakh on Muthoot Vehicle and Asset Finance Limited. This action was taken after deficiencies ...
RBI fined Dhani Loans for asset classification violation
Continuing its strict regulatory compliance, the Reserve Bank of India has imposed a monetary penalty of ₹2.70 lakh on Dhani Loans and Services Limited. This action was taken under the order ...
ED detained Vikas Garg in the illegal betting and money laundering case
In the investigation into alleged illegal betting linked to Mahadev Online Book and SkyExchange, the Enforcement Directorate has intensified action against Vikas Garg. The agency claims that the ...
INR 32,000 crore raised in RBI's government securities auction
The Reserve Bank of India has released the complete results of the auction of three government securities maturing in 2029, 2033, and 2055. Against the total notified amount of INR 32,000 crore, ...
UK-India trade deal takes effect, cutting tariffs across key goods sectors
The UK-India Free Trade Agreement enters into force on 15 July, marking a major step in the two countries' economic partnership. The deal applies tariff cuts from day one and is positioned to ...
RBI raised ₹32,000 crore in the Indian government bond auction
In the Indian government securities market, the entire notified amount was accepted for three bond series in the July 17, 2026 auction. For securities maturing in 2029, 2033, and 2055, there was ...
ED seized cash and gold in raids on the alleged money laundering network
As part of an investigation into an alleged network linked to terror funding and illegal infiltration, the Enforcement Directorate conducted search operations in several states. The operation took ...
RBI extends regulatory directions for Konark Urban Co-operative Bank until October 2026
The regulatory restrictions imposed on Konark Urban Co-operative Bank, located in Ulhasnagar, will now remain effective until October 23, 2026. This extension is for three months and does not ...
RBI set the cut-off underwriting commission rates for the government securities auction on July 17, 2026
Under India's government borrowing program, the cut-off underwriting commission rates payable to primary dealers were set in the additional competitive underwriting auction for three government ...
Net liquidity absorption maintained in RBI's money market operations on July 16
On July 16, 2026, the overnight segment turnover in the Indian money market reached ₹682,567.89 crore, with a weighted average rate of 5.31%. On the same day, after RBI's liquidity adjustment ...
