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US Federal Reserve interest rate decision March 2026 Highlights. FOMC holds rates at 3.5%-3.75%? Powell's penultimate meeting, dot plot, impact on India markets

Former RBI Deputy Governor Rajeshwar Rao emphasizes the urgent need for consolidation across India's banking and NBFC sectors to meet national growth targets.

Capital flows are in the midst of a tough phase, which has had a knock-on effect on the composition of foreign exchange reserves. RBI may increase interest rates sooner than later to offset narrow interest rate differentials

Goldman Sachs predicts the Indian rupee could weaken to 95 against the dollar within a year due to the Iran conflict's impact. While inflation is currently stable, rising oil prices and a depreciating rupee might force the Reserve Bank of India to tighten monetary policy later.

Australian shares closed higher, marking a weekly peak, as mining stocks rallied. Investor sentiment remained cautious following the Reserve Bank of Australia's recent rate hike and warnings about inflation. Markets are now split on the likelihood of further rate increases, with upcoming employment data eyed closely. Major companies like BHP and Woodside announced new leadership.

Bench questions lack of mechanism to trace heirs, suggests searchable system, while Centre flags privacy concerns over depositor data access

Proposal comes as rupee weakens, reserves fall, and oil surge risks fiscal stability, while Centre plans Rs1 trillion fund to boost economic resilience

The Reserve Bank of India (RBI) has injected Rs 48,014 crore into the banking sector via a seven-day variable rate repo auction, amid declining surplus liquidity due to advance tax payments., Economy, Times Now

The government may restart the privatisation of IDBI Bank from scratch after financial bids came in below the reserve price, leading to the cancellation of the earlier process. A panel of ministers will review the situation and take a final call, with early discussions favouring a fresh start.

India's banking system liquidity surplus narrowed to Rs75,483 crore due to advance tax outflows and forex market interventions. This pushed money market rates up, prompting the RBI to conduct a repo operation. Economists estimate the RBI sold over $15 billion to support the rupee.