Amid slowing CASA growth, banks turn to costly solutions
Credit growth has picked up over the past few months, but banks have struggled to grow their deposit base to match it. Growth in current account and savings account (CASA)…
FM Nirmala Sitharaman at a panel talk in France: Middle class consumption powering India’s economic growth
2 min readNew DelhiJul 4, 2026 06:07 AM IST Finance Minister Nirmala Sitharaman on Friday said India’s expanding middle class has emerged as the country’s engine of growth, with consumption-led…
Insurance regulator IRDAI likely to tighten commission norms
4 min readMumbaiJul 4, 2026 06:06 AM IST The country’s insurance regulator, Insurance Regulatory and Development Authority of India (IRDAI), has proposed tighter transparency norms for insurance intermediaries, asking them…
RBI levies Rs 63 lakh penalty on Bank of Baroda
1 min readMumbaiJul 4, 2026 06:04 AM IST The Reserve Bank of India (RBI) has imposed a penalty of Rs 63.60 lakh on Bank of Baroda (BoB) for non-compliance with…
India plans big move against VPN web privacy tools
5 min readNew DelhiUpdated: Jul 3, 2026 09:44 AM IST The Centre is working on an expansive legal framework to curtail virtual private network (VPN) providers that could require them…
Reliance on coal soars as weak rains drag hydro output by 19.5%
3 min readNew DelhiJul 3, 2026 02:00 AM IST The country is leaning more heavily on coal to meet surging electricity demand this summer, as rainfall deficit has squeezed hydropower…