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    Cabinet approves Investment Proposal for construction of 1720 MW Kamala Hydro Electric Project in Kamle, Kra Daadi & Kurung Kumey Districts of Arunach...
    Cabinet approves revision in cost and investment in equity for HPCL Rajasthan Refinery Limited (HRRL), Pachpadra, District - Balotra, Rajasthan
    Rupee likely to stabilise at 92-93 level: EAC-PM chairman
    Sensex, Nifty jump nearly 4 pc on US-Iran ceasefire, correction in crude prices
    Rupee surges 47 paise to close at 92.59/USD on US-Iran ceasefire, RBI pause on policy rates
    Across the Country, People Unite to Celebrate the First-Ever World Diamond Day
    CSB Bank Launches 'SMART SAVE ACCOUNT - SAVINGS, CURRENT & NRO', its First Retail Offering Post Core Banking Transformation
    Interest rates to remain low in medium to long term: RBI Governor
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    US-Iran ceasefire, drop in crude oil prices fuel rally in stock markets; Sensex jumps 4 pc
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    Highlights of RBI's April monetary policy
    RBI projects FY27 retail Inflation at 4.6 pc, within government-mandated target
    Deutsche Bank and Akshaya Patra Launch Pune Kitchen to Tackle Classroom Hunger
    RBI projects India's FY27 GDP growth to moderate to 6.9 pc
    RBI keeps policy rate unchanged amid inflationary pressure
    Pradhan Mantri Mudra Yojana (PMMY) — completes 11 Years of empowering Small and Micro Entrepreneurs
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April 8, 2026
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Hydroelectric project approval strengthens power supply, grid balancing and regional infrastructure development in Arunachal Pradesh.
Cabinet approval was granted for investment in the construction of the Kamala Hydro Electric Project in Arunachal Pradesh through a joint venture between NHPC Limited and the Government of Arunachal Pradesh. The project is intended to generate energy, support power supply and peak demand management, contribute to grid balancing and provide flood moderation benefits, while also including budgetary support for flood moderation and enabling infrastructure. The State is stated to receive free power, a Local Area Development Fund share and wider infrastructure and socio-economic benefits.
April 8, 2026
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Refinery cost revision and equity investment support a greenfield petrochemical complex aimed at energy security and import reduction.
Revision of the project cost for HPCL Rajasthan Refinery Limited at Pachpadra, District Balotra, Rajasthan, has been approved, along with additional equity investment by Hindustan Petroleum Corporation Limited. The project is a 9 MMTPA greenfield refinery-cum-petrochemical complex with 2.4 MMTPA petrochemical production capacity, implemented through a joint venture between HPCL and the Government of Rajasthan. The refinery is intended to support energy and industrial requirements, reduce import dependence, use locally available Mangala crude, and promote India as a refining hub.
April 8, 2026
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Rupee stability and macroeconomic resilience support expectations of steady growth, manageable deficits and appropriate policy rates.
Indian rupee is expected to stabilise around the 92-93 level against the US dollar, after pressure from global uncertainties, geopolitical tensions and foreign institutional investor withdrawals. India's economic resilience, strong macroeconomic fundamentals and fiscal space were described as cushioning the economy against external shocks. The current account deficit was described as remaining manageable, the Reserve Bank of India Monetary Policy Committee's decision to keep policy rates unchanged was described as appropriate, and growth expectations were stated to remain positive.
April 8, 2026
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Monetary policy caution kept the repo rate unchanged as conflict-driven energy and inflation risks weighed on the outlook.
The Reserve Bank of India kept the benchmark repurchase rate unchanged at 5.25 per cent, taking a cautious wait-and-watch stance amid uncertainty over the impact of the West Asia conflict on energy supplies, inflation and growth. The Monetary Policy Committee voted unanimously to retain the status quo, citing higher crude prices, pressure on the rupee and trade disruption.
April 8, 2026
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Monetary policy neutrality and forex stability shape rupee gains as West Asia tensions ease and inflation risks persist.
The rupee strengthened against the US dollar after easing geopolitical tensions in West Asia and supportive domestic market sentiment. The Reserve Bank of India kept the key policy rate unchanged and retained a neutral stance, taking a wait-and-watch approach amid uncertainty over energy supplies, inflation, growth and trade flows. The central bank's projections pointed to higher crude oil prices and a weaker exchange rate in the next financial year.
April 8, 2026
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Natural diamonds celebrated through World Diamond Day as a storytelling campaign on heritage, emotion, and craftsmanship.
The Natural Diamond Council launched World Diamond Day as a global awareness initiative to celebrate the personal, emotional, and heritage value of natural diamonds. The campaign invited artisans, manufacturers, retailers, consumers, and industry stakeholders to share authentic stories about diamonds as symbols of love, milestones, memory, legacy, and craftsmanship. A dedicated toolkit and optional creative assets were made available to participants, while the campaign message emphasised that natural diamonds are timeless heirlooms carrying meaning across generations.
April 8, 2026
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Auto-sweep banking product launches with higher returns on idle balances and anytime liquidity across savings, current and NRO accounts.
CSB Bank launched its Smart Save Account as its first retail offering after upgrading its core banking platform. The product is available in Savings, Current and NRO variants and is designed to improve returns on idle balances while preserving liquidity. It includes an auto-sweep mechanism that transfers surplus funds into fixed deposits, with interest of up to 7% on 13-month sweep-in deposits and no lock-in, so funds remain accessible when needed.
April 8, 2026
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Low interest rates and cautious monetary policy shape the Reserve Bank's stance amid inflation stability and market volatility.
Interest rates are expected to remain low in the medium to long term in view of benign inflationary conditions and strong macroeconomic fundamentals. The Reserve Bank has kept the benchmark repurchase rate unchanged while adopting a cautious wait-and-watch approach to assess the impact of the West Asia conflict on energy supplies, inflation, growth, the rupee and trade flows. Banks have transmitted earlier rate cuts to lending and deposit rates, and currency market steps were said to be temporary measures to curb excessive volatility.
April 8, 2026
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India's GDP growth projection stays resilient despite West Asia conflict, with exports and inflation facing downside risks.
Reserve Bank projected India's GDP growth for the current financial year at 6.9 per cent, noting downside risks from elevated commodity prices, higher energy costs, and supply-chain disruptions linked to the West Asia conflict. Merchandise exports may be affected by shipping, freight and insurance costs, while domestic demand is expected to be supported by services-sector momentum, GST rationalisation, manufacturing capacity utilisation, and healthy financial and corporate balance sheets.
April 8, 2026
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Governance and conduct review found no material concerns in HDFC Bank's supervisory assessment and board review.
The Reserve Bank stated that its supervisory inspection of HDFC Bank did not reveal any governance or conduct-related issues, and that review of the bank's meeting minutes also disclosed no matter of material concern. The RBI reiterated that there were no material concerns on record regarding the bank's conduct or governance, describing HDFC Bank as a Domestic Systemically Important Bank with sound financials, a professionally run board, and a competent management team.
April 8, 2026
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Market rally and unchanged RBI policy follow easing geopolitical stress and a sharp fall in crude oil prices.
Equity markets rallied sharply after a US-Iran ceasefire and a fall in crude oil prices reduced concerns over energy supply disruption and inflation pressure. The Reserve Bank of India kept the benchmark repurchase rate unchanged and maintained a cautious wait-and-watch stance, citing uncertainty from the West Asia conflict, its impact on energy supplies, inflation, growth, the rupee, and trade flows.
April 8, 2026
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Monetary policy stance remains neutral as the policy repo rate is held unchanged amid supply shocks and inflation risks.
The Monetary Policy Committee kept the policy repo rate unchanged at 5.25 per cent, retained the standing deposit facility rate at 5.00 per cent, the marginal standing facility rate and Bank Rate at 5.50 per cent, and continued a neutral stance. The decision was based on resilient domestic growth, contained headline inflation, and heightened uncertainty from geopolitical tensions, supply-chain disruption, energy price pressures, and weather-related risks affecting the inflation and growth outlook.
April 8, 2026
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Personal jurisdiction and extraterritorial reach challenged in SEC fraud action over Indian bond offering and alleged misstatements.
Personal jurisdiction and extraterritorial reach were challenged in a US SEC fraud action arising from an Indian solar-energy bond offering. The defendants argued that the securities were sold outside the United States under Rule 144A and Regulation S, the issuer and alleged conduct were Indian, and the complaint failed to plead a domestic transaction, minimum contacts, or an actionable US nexus. They also denied credible evidence of bribery, asserted no investor losses, and contended that the relied-upon statements were non-actionable corporate puffery.
April 8, 2026
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Monetary policy stance held steady as the RBI weighs energy shocks, inflation risks and growth uncertainty from geopolitical tensions.
The Reserve Bank of India retained the benchmark repurchase rate and the neutral monetary policy stance, adopting a wait-and-watch approach in view of heightened geopolitical uncertainty arising from the West Asia conflict. The central bank assessed the possible effects of disrupted energy supplies, higher crude prices, rupee weakness, supply-chain disruptions and freight-cost pressures on inflation, growth and the current account, while noting that inflation remained within the target band for the time being. It also indicated that the economy faced a supply shock and that the full impact of the conflict would become clearer over the coming months.
April 8, 2026
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Monetary policy remains neutral as the repo rate stays unchanged, with growth and inflation projections set for FY27.
The Reserve Bank's first bi-monthly monetary policy for fiscal 2026-27 kept the repo rate unchanged at 5.25 per cent and retained a neutral monetary policy stance. It projected GDP growth at 6.9 per cent for FY27 and inflation at 4.6 per cent, while noting that the West Asia crisis and elevated energy and commodity prices may weigh on domestic economic activity and production. The Reserve Bank said it would remain proactive in ensuring sufficient liquidity in the banking system.
April 8, 2026
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Retail inflation outlook remains within target as the repo rate stays unchanged amid supply and price pressures.
Retail inflation is projected at 4.6 per cent for the current financial year, within the government-mandated target range. Quarterly CPI-based inflation is estimated at 4 per cent in the first quarter, 4.4 per cent in the second, 5.2 per cent in the third and 4.7 per cent in the fourth, while headline inflation remains contained and below target. The Monetary Policy Committee kept the repo rate unchanged at 5.25 per cent amid geopolitical uncertainty, energy price pressures, weather-related food risks and supply chain dislocations.
April 8, 2026
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School meal partnership expands nutritious mid-day meals through a centralised kitchen, improving classroom attendance and child nutrition.
Deutsche Bank, under its CSR programme in India, partnered with The Akshaya Patra Foundation to inaugurate a centralised kitchen in Pune for the PM POSHAN initiative. The facility is designed to provide hot, nutritious mid-day meals to 25,000 children in 29 government and government-aided schools, supporting classroom attendance, nutrition outcomes, and access to education. The kitchen operates as a food-safe and hygiene-compliant unit with electric meal-delivery vehicles, reflecting environmental sustainability alongside social impact.
April 8, 2026
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GDP growth projection moderates as supply chain disruption, commodity prices and global volatility weigh on domestic outlook.
India's real GDP growth for 2026-27 is projected at 6.9 per cent, with quarterly estimates of 6.8 per cent in Q1, 6.7 per cent in Q2, 7.0 per cent in Q3 and 7.2 per cent in Q4. The projection reflects elevated commodity and energy prices, supply chain disruptions, and higher freight and insurance costs, while domestic demand is supported by services activity, GST rationalisation, manufacturing capacity utilisation, and healthy financial sector and corporate balance sheets.
April 8, 2026
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Repo rate unchanged as inflation pressures and currency movements keep monetary policy in a cautious stance.
Monetary policy retains the repo rate unchanged at 5.25 per cent with a neutral stance amid inflationary and external market pressures. The decision follows concerns arising from disrupted energy supplies, higher crude prices, and import-linked inflation, while headline retail inflation had moved closer to the medium-term target. The inflation framework also reflects a fresh government mandate requiring the central bank to maintain retail inflation at 4 per cent within a tolerance band of 2 per cent on either side for the next five years ending March 2031.
April 8, 2026
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Financial inclusion through PMMY expands collateral-free credit for small entrepreneurs across banks, NBFCs and MFIs.
Pradhan Mantri Mudra Yojana (PMMY) extends collateral-free institutional credit to small and micro entrepreneurs for non-corporate, non-farm income-generating activities, with the objective of funding the unfunded and broadening financial inclusion. The scheme operates through banks, NBFCs and MFIs, and is structured into Shishu, Kishor, Tarun and TarunPlus categories according to the borrower's credit needs. Loan support covers term finance and working capital across manufacturing, trading, service activities and allied agricultural activities, while interest rates are governed by RBI guidelines and repayment terms are flexible.

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India’s Online Degree Market Expected to Grow Rapidly by 2030: Insights from TrainingsKart

April 11, 2026

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New Delhi, India – April 2026 – TrainingsKart is a leading online education platform in India, has released updates on the strong growth expected in the country’s online degree market. This sector is set to grow strongly by 2030. It is driven by changing learners' needs and supportive policies. The online education market in India is witnessing steady progress. The industry reports indicate the market stood at an estimated USD 3.6 billion in 2025. It is estimated to expand at a CAGR of approximately 23% through 2030. This expansion is expected to add notable value to the sector in the coming years. This positive outlook can contribute to many important factors. There is a clear rise in demand for flexible education options. Secondly, employees are continuing with higher education. The growth of e-learning platforms has made quality education more accessible. The online degrees are gaining acceptance from regulators such as the University Grants Commission (UGC). The value of UGC approved online degrees is now equal to that of the regular degrees. This increases learners' confidence in their qualifications. And the people who are enrolling on online MBA courses are quite interesting. There is a positive response from working professionals towards accepting online degrees. It is mainly in the fields of management and technology. This is best seen in metropolitan areas like Bangalore, Delhi and Mumbai, where professionals seek convenient ways to upgrade their qualifications. Popular Online Degree Programs Driving Growth The most popular programs added are the online MBA. This is a program of choice for many students and employed individuals seeking to advance their careers. The program is based on leadership, business strategy and real-life skills. 1. Online MBA The Online MBA remains one of the most preferred choices among working professionals. The recent enrollment trend shows that management programs account for a large share of online degree registrations in India. The MBA programs provide students with direct career benefits. The course teaches business strategy and leadership with decision-making which employers consider essential skills. For more details, explore: MBA Online Course: Fees & Top Online MBA Colleges on TrainingsKart. 2. Online BBA The Online BBA is gaining popularity among students starting their careers. The online education platforms report continuous growth in undergraduate business enrollments. It shows strong demand from students who completed Class 12. The course builds strong fundamentals in marketing, finance, and entrepreneurship, making it a preferred entry-level business degree. 3. Online MCA The Online MCA program is experiencing demand. The IT sector in India continues to grow. The reports indicate that technology-related courses represent the fastest-growing segment of online education. There is a high demand for software developers and IT professionals. The program provides training in programming and system design. 4. Online BCA The Online BCA program is gaining popularity among students to begin their tech career path. The enrollment data indicate that student interest in computer-related undergraduate programs is rising. Digital skills have become necessary in all business sectors. The course allows students to learn coding with application development. These programs are gaining attraction because they align closely with the job market. These factors are driving the growth of online programs. The online market is expected to play a key role as more learners are choosing online education. This will shape the country's education landscape by 2030. Growing Trends in Online Education The current shift toward online degrees is also shaped by changing learner behaviour. Students and professionals are increasingly choosing to be flexible. These career-focused programs allow them to study without disrupting their daily routines. The most prominent development shows that professionals who work full-time now acquire new skills through their employment. Flexibility is one of the main advantages of taking remote courses. Students can work at their own pace, view recorded lectures, attend live sessions when able, and manage their studies around other obligations, including family and work. This convenience has opened doors for homemakers, rural learners and mid-career professionals. The second major element is affordability. Online programs are generally more cost-effective than traditional classroom degrees. This makes higher education accessible to a larger population. Students can now attend classes from any location because remote learning enables them to study from anywhere. The world now accepts online education as a legitimate form of learning. Employers now regard online degrees as valid credentials when candidates demonstrate actual job skills and possess relevant industry knowledge. Rising Demand in Major Indian Cities The online degree programs face their strongest demand in Bangalore and Delhi, and Mumbai. These cities have a high number of working professionals and tech-driven industries. Students are looking for flexible learning options. The availability of internet infrastructure and awareness about the online programs have increased the adoption in these regions. The reach of online education is expanding beyond metropolitan areas. Learners from Tier-2 and Tier-3 cities are increasingly enrolling in online degree programs. This is making quality education more accessible across the country. “Online education is changing the way Indian students study in higher education,” said a representative from TrainingsKart. “More professionals and students are now choosing online degrees to meet their career goals with flexible modes, recognised qualifications, and industry-relevant courses.” The Indian online education market is projected to expand at a CAGR of around 23% till 2030. As India progresses towards the higher education targets of the National Education Policy, online degree programs are expected to play a bigger role in making learning inclusive and future-ready. TrainingsKart supports its learners by providing access to a wide selection of UGC-approved online courses and programmes. About TrainingsKart TrainingsKart: TrainingsKart is a reliable and trusted online platform in India. It allows students and professionals to search and apply for the best courses. This includes popular degree courses in management, commerce, and computer applications. TrainingsKart also focuses on making choices easier through insights on the best-selling programs like Online MBA, BBA, MCA, and BCA. They are also the highest searched and enrolled courses in India. The increasing acceptance and accessibility of online education suggest that platforms such as TrainingsKart will be important in guiding students towards wise decisions. They are assisting them in reaching their career goals. For further details, visit: www.trainingskart.com (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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