The Reserve Bank of India has revised rules for bulk deposits, effective October 2026. Banks can now offer differential interest rates based on liquidity risk under the LCR framework. This move aligns deposit pricing with revised LCR guidelines for better asset-liability management. Mandatory daily public disclosure of bulk deposit rates will enhance transparency for customers.
Karnataka chief minister DK Shivakumar views the Mekedatu dam project as a permanent solution. He stated the Supreme Court and central government have already responded to the proposal. Shivakumar urged all stakeholders to move forward without further delays or wasting time. This project aims to bring both states to the table for amicable discussions. The
Foreign portfolio investors returned to Indian equities in July after four months of outflows. They invested twenty thousand two hundred crore rupees in stocks during July. This renewed interest stems from attractive valuations and improving corporate earnings. Foreign investors also showed strong interest in the Indian debt market during July. Overseas developments and domestic events
Maharashtra CET Cell releases MHT CET 2026 CAP Round 1 seat allotment today. Candidates can check their engineering course allotment status online using login credentials. Accepted candidates must report to their institutes between August 3 and August 5. Vacant seats for CAP Round 2 will be displayed on August 6. Option entry for the second
The onus lies with IndiGo and Air India: Rahul Bhatia on bringing aviation wealth back to India Moneycontrol.com
The stock market faces a crucial week with key domestic and global events. The Reserve Bank of India’s interest rate decision is a major focus for investors. Geopolitical developments in West Asia and crude oil prices will also influence sentiment. Several large companies are set to announce their quarterly earnings results. Foreign investors turned net
CPM leaders criticized Kerala Chief Minister V.D. Satheesan for attending a private function. They stated his visit was inappropriate while thousands faced rain-related disasters across the state. Senior CPM leaders compared the Chief Minister’s actions to Nero fiddling while Rome burned. They urged the Chief Minister to focus on disaster relief efforts. Kerala Tourism Minister
Bahujan Samaj Party president Mayawati expelled former Rajya Sabha member Ashok Siddarth from the party. Siddarth faced expulsion for indiscipline and violating party directives in several states. The party chief also announced the expulsion of coordinator Randhir Singh Beniwal for similar reasons. Mayawati clarified that senior Uttar Pradesh office-bearers would not hold state roles. Ramji
