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RBI sees no signs of excess credit risk, keeps countercyclical capital buffer inactive

The Reserve Bank of India (RBI) on Monday decided against activating the countercyclical capital buffer (CCyB), indicating that current financial and credit conditions do not warrant an additional capital requirement for banks, PTI reported.The central bank said the decision followed a review and empirical assessment of indicators used under the CCyB framework.“Based on review and…

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Privilege motion notice against Dharmendra Pradhan for remarks on NEET-2026 paper leak

Dharmendra Pradhan (File photo) NEW DELHI: Already facing calls to resign over the NEET-UG 2026 paper leak, Union education minister Dharmendra Pradhan may now have to face privilege proceedings in the Rajya Sabha after a notice was submitted against him for allegedly lowering the dignity of Parliament through remarks made at a press conference following…

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Export diversification push adds $202 million in FY26 as India expands into 1,821 new global markets

India’s export diversification strategy gained momentum in FY26, with ships, boats, telecom instruments, pulses, marine products, graphite and explosives emerging as key growth drivers as exporters entered new markets and added fresh product-country combinations, according to an ET report.According to an analysis by the commerce department, India expanded its export footprint through 1,821 new principal…

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