MUMBAI, September 18, 2026: The Reserve Bank of India stepped up its liquidity management operations on Friday, absorbing Rs 2.23 lakh crore from the banking system through a three-day Variable Rate Reverse Repo (VRRR) auction, as surplus funds continued to remain elevated across banks. The central bank received bids worth…
Continue ReadingIndia’s IT Export Engine Crosses USD 239 Billion as Global Demand Powers FY26 Growth
NEW DELHI, September 18, 2026: India’s technology industry has strengthened its position in the global services economy, with the country’s software services exports rising 9.5 per cent to $239.3 billion in 2025-26, according to the latest data released by the Reserve Bank of India. The milestone reflects the growing international…
Continue ReadingCapital Market Activity Drives Sharp Rise in STT Collections to Rs 40,214 Crore
New Delhi, Sep 18: Government revenue from Securities Transaction Tax (STT) has registered a sharp increase in the first half of financial year 2026-27, with collections reaching Rs 40,214 crore by September 17. The latest figures represent a 52.9 per cent rise from the Rs 26,306 crore collected during the corresponding…
Continue ReadingTracky launches 16D, India’s first 16-day continuous glucose monitoring system (CGM)
Mumbai, September 18: Drstore Healthcare Services, a connected healthcare and medical device ecosystem company, through its smart medical devices and technology brand Tracky, has launched India’s first 16-day CGM system Tracky 16D, an integrated continuous glucose monitoring (CGM) system that provides up to 16 days of continuous glucose insights. Patients…
Continue ReadingNifty Closes Higher, Sensex Little Changed as Broader Markets Show Strength
Mumbai, Sep 18: Indian stock markets ended Friday on a mixed note, with the Sensex finishing almost unchanged while the Nifty managed to post a modest gain. Strong buying in mid- and small-cap stocks provided support to the broader market despite a largely range-bound session for the benchmark indices. The…
Continue ReadingMuthoot Finance Launches Sunheri Soch Season 5 – real-life customer testimonial based integrated marketing campaign titled Sona Kya Nahi Kar Sakta
Mumbai, Sep 18: Following four highly successful seasons, Muthoot Finance, India’s Most Trusted Financial Services Brand, has officially launched Sunheri Soch Season 5. Centred around the theme “Sona Kya Nahi Kar Sakta”, this edition expands Muthoot Finance’s signature movement aimed at breaking myths around gold loans and inspiring millions of dreamers…
Continue ReadingWall Street Rebounds as Softer Oil Prices and Falling Bond Yields Lift Investor Sentiment
New York, Sep 18: US stocks bounced back strongly on Thursday as easing crude oil prices and a retreat in Treasury yields gave investors some breathing room after the sharp sell-off triggered by the Federal Reserve’s latest interest rate decision. The recovery was broad-based, with technology shares leading the advance.…
Continue ReadingTata AIA Life Insurance launches Shubh SIP, a flexible financial solution designed to evolve through every stage of life
Bangalore, Sep 18: Financial priorities evolve with life. An individual may begin by focusing on building wealth, later prioritise protecting a growing family and eventually look at creating a planned income stream for retirement. However, these changing needs are often managed through separate financial decisions, requiring individuals to revisit and…
Continue ReadingInfoComm UltraLED Displays Unveils Ultra Shield MiP, Expands into Professional AV at InfoComm India 2026
Mumbai, Sep 18: UltraLED Displays, an Indian professional LED display solutions brand of BSE-listed Titan Intech Limited, today launched its advanced Ultra Shield MiP display and unveiled its new UltraLED AV Solutions portfolio on the first day of InfoComm India 2026, currently happening at Jio World Convention Centre, Mumbai. Participating…
Continue ReadingUS Fed Rate Hike: Ajit Banerjee on What It Could Mean for RBI
By Mr. Ajit Banerjee, President and Chief Investment Officer at Shriram Life Insurance As was broadly expected and factored in by the market, the Fed raised its benchmark rate by 25 basis points to 3.75%-4% on Wednesday, the first hike since 2023. The Fed’s decision is also likely to raise calls…
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