Year: 2026

Federal Reserve officials decided to keep interest rates unchanged this week. A fractured vote indicated some policymakers favored a rate increase. Recent inflation data showed a slight easing, influencing the committee’s decision. However, escalating geopolitical tensions and tariffs are fueling inflation concerns. Officials remain committed to achieving their two percent inflation target.

Gold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent. This expansion will take the market to thirty lakh crore by March 2028. NBFCs’ market share is expected to rise to twenty-three percent by 2027-28. New players and banks entering the segment…

Patanjali Ayurved and Dharampal Satyapal Group secured IRDAI approval for Magma General Insurance. This acquisition marks Patanjali’s significant entry into the financial services sector. Patanjali will acquire a majority stake, while DS Group will become a co-investor. Magma General Insurance has shown strong premium growth and achieved profitability. Patanjali plans to expand the insurer’s product…

In the first quarter of FY27, revised liquidity coverage ratio (LCR) norms came into effect, reducing the assumed run-off rate on deposits from non-financial entities such as trusts, limited liability partnerships (LLPs), and partnerships to 40% from 100% earlier. The change lowered projected 30-day cash outflows for banks, providing flexibility to the LCR mandate.

Indian stock gauges rose over one percent on Wednesday. Overseas fund flows are expected to shift into local technology companies. The Nifty and Sensex closed higher, reflecting positive investor sentiment. Declining crude oil prices and a stronger rupee also supported market gains. Foreign and domestic institutions were net buyers of shares.

The rupee strengthened for a third consecutive day, reaching a near three-week high. Dollar sales by foreign and state-run banks aided the local currency’s climb. Sustained buying in domestic equities and positive foreign investor sentiment supported the rupee. Crude oil prices saw a modest rebound, limiting further rupee gains. The currency is expected to trade…

Adani Enterprises reported a net loss of ₹1,160 crore for the June quarter. This loss was due to an exceptional charge related to an OFAC settlement. Strong growth in airports and roads businesses boosted operating performance significantly. The company reaffirmed its capital expenditure plans for upcoming fiscal years. Adani Enterprises has no current plans to…

Manipal Health Enterprises plans to raise ₹8,000 crore through a fresh issue for debt repayment and expansion. The company’s revenue grew strongly in recent years, while margins faced pressure. Its occupancy rate declined, and geographic concentration is noted in Karnataka. The promoter group’s stake will decrease after the initial public offering. Investors may consider waiting…

Axis Bank will increase the DCC fee on its credit cards to 3.5% from 1.5%, effective August 28, 2026, according to the bank’s revised terms and conditions. Kotak Mahindra Bank will raise the fee on debit-card transactions to 3.5% plus goods and services tax (GST), from 1% plus GST, effective August 1.

ProTec General Insurance will be allowed to undertake general insurance business under the applicable regulatory framework. The four registrations granted so far in calendar 2026 include two general insurers, one health insurer and one reinsurer, Irdai said.