Mumbai · Markets closeMumbai
Profit-taking and a 6.09% inflation print dented Friday's session, but both indices ended the week higher on strong foreign buying.
· 4 min read
India · FintechMumbai
· 4 min read
Economy · RBI
· 4 min read
Mumbai · RBI rulesMumbai
· 4 min read
Economy · Growth Outlook
Moody's Ratings has raised its FY27 growth forecast for India to 7 per cent from 6.5 per cent, citing strong consumption, better investment and resilience to the energy shock. It warns of high inflation, a deficient monsoon and tighter RBI policy. October inflation data is due Thursday.
Nazia Khan· 3 min read
India · Cyber fraudNew Delhi
The Supreme Court has asked WhatsApp and other platforms to submit their plans to stop digital arrest scams, and to share them with I4C. Its order, uploaded on 10 November for a 29 October hearing, also says RBI rules must make banks compensate victims where they failed due diligence. Victims lost about ₹800 crore this year. Next hearing: 23 November.
· 4 min read
Fact check · Banking
A social media message claims standard CTS cheque books stop working after 31 December 2026 and that upgraded cheque books become compulsory from 1 January 2027. The Reserve Bank of India said on 7 November that it is not introducing any such measure and called the message factually incorrect and misleading. Existing cheque books remain usable under current rules.
· 3 min read
