18 August, 2026 | 3:21 PM
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Market/Money
Viksit Bharat banking panel to build 2047 financial architecture
18-08-2026
Finance Minister Nirmala Sitharaman on Monday said the government would soon constitute a high-level panel on Banking for Viksit Bharat to draw up a blueprint to create lenders capable of meeting the financing needs of a developed India.
CAS norms here to stay, may tweak if needed, says Pandey
18-08-2026
Securities and Exchange Board of India Chairman Tuhin Kanta Pandey on Monday made it clear that the recently introduced Closing Auction Session framework is here to stay, and the capital markets regulator is analysing feedback to understand if improvements can be made on issues faced by stakeholders.
Rupee falls 19p to close at 95.61/ USD
18-08-2026
The rupee depreciated 19 paise to close at 95.61 against the US dollar on Monday, amid weak domestic equity markets and a surge in crude oil prices. Forex traders said the USD/INR pair is likely
Govt clears 31 ECMS projs worth `7,877 cr
18-08-2026
The government has cleared 31 fresh proposals under the electronics components manufacturing scheme, entailing investments of ₹7,877 crore, IT Ministry Secretary S Krishnan said on Monday.
Bring back lower-ethanol petrol option: CEA
18-08-2026
India should bring back a petrol variant with a lower ethanol blend to protect millions of older vehicles, according to a government adviser, marking one of the strongest calls yet from a senior official for greater consumer choice amid growing concerns over the country's ethanol policy.
Sensex drops 281 pts, Nifty falls for 5th day amid rising oil prices
18-08-2026
Benchmark Sensex dropped 281 points, while the broader Nifty fell for the fifth straight session on Monday, due to selling in IT, fast-moving consumer goods, and telecom shares amid rising crude oil prices and persistent geopolitical tensions in West Asia.
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