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#Reserve Bank of India

Economy

India inflation hits 4.38% in June as oil, food costs rise

India inflation rose to 4.38% in June, topping forecasts as oil, transport and food costs climbed, adding pressure to the RBI outlook.

By Helena Brandt
Regulation

India crypto ban warning: RBI revives prohibition case

India crypto ban warnings hardened as the RBI backed a prohibition-leaning stance and tax officials said offshore trading obscures gains.

By Tomás Iglesias
Economy

India fiscal deficit may hit 4.8% on Iran war costs

India fiscal deficit may widen to 4.8% of GDP as Iran-war energy subsidies test New Delhi's post-Covid budget discipline.

By Helena Brandt
Economy

India RBI holds rate at 5.25% as rupee defense widens

India RBI holds rate at 5.25% while rupee measures seek $30bn-$50bn of inflows as oil pressure lifts inflation and growth risks.

By Helena Brandt
Economy

RBI gold sales show how war pressure reaches reserves

RBI gold sales may show how India is trading bullion for liquid FX assets as war-driven oil shocks and capital outflows hit reserves.

By Helena Brandt
Stocks

HDFC Bank shares fall on report that deepens CEO woes

HDFC Bank shares fell after a report alleged Rs 45 crore of payments were disguised as marketing expenses, sharpening scrutiny of chief executive Sashidhar Jagdishan.

By Avery Lin
Economy

Weak rupee 2026: India's oil shock masks deeper strain

Weak rupee pressure is turning India's oil shock into a capital-flow test as RBI defence, import costs and reserves strain collide.

By Sloane Carrington
Earnings

India earnings rebound becomes a commodity-cost stress test

India earnings outlook is darkening as oil, steel and food costs rise, threatening margins, valuations and foreign investor confidence.

By Sloane Carrington
Banking

India state lenders wilt as Iran war lifts yields to 2-year high

India state lenders slid as bond yields hit a two-year high, showing how the Iran-war oil shock is feeding into bank balance sheets and RBI pricing.

By Naomi Voss
Economy

Asia energy shock is turning into a currency and growth test

Asia energy shock is pushing oil-importing economies into weaker currencies, higher inflation and tougher subsidy choices as growth slows.

By Helena Brandt
Economy

RBI Weighs Rate Hike as Rupee Slides Toward 97 Per Dollar

The Reserve Bank of India is weighing an emergency interest rate increase alongside currency swaps and dollar-raising measures to arrest the rupee's slide after it hit a fresh low of almost 97 per dollar this week.

By Helena Brandt
Markets

India's rupee defence edges toward capital-control territory

India currency controls are back in focus as Citi warns oil pressure and foreign outflows may push the rupee toward 100 per dollar.

By Sloane Carrington
Banking

Asia-Pacific banks raise Iran war provisions as $180B credit risk looms

Asia-Pacific banks have set aside $3.8 billion in combined war-related provisions as the Iran conflict's oil shock and trade disruption begin flowing into corporate and consumer credit risk. S&P warns a prolonged conflict could drive $180 billion in additional credit losses.

By Naomi Voss