Finance

Lending Rates Move Higher Again Bank of Baroda and Canara Bank have raised their lending rates across selected loan tenures, bringing fresh attention to borrowing costs in India. The latest changes became effective from August 12, 2026, with the two public sector banks increasing their Marginal Cost of Funds Based Lending Rate, commonly called MCLR, … Read more

India’s foreign exchange reserves have been climbing steadily, and the Reserve Bank of India has started adjusting its strategy in response. Fresh overseas investments, stronger capital inflows, and improving confidence in the Indian economy have created a situation where the central bank no longer needs to rely as heavily on short-term dollar positions. Instead, the … Read more