FirstScrollFS
HomeDailyMarketsMoneyArchive
FirstScrollFinance, explained simply

Start your morning smart.

Written for anyone, whether you have followed markets for years or never once.

Free. One email each trading morning. Unsubscribe anytime.

Not an email person?Get articles on WhatsApp

Sections

  • Daily
  • Markets
  • Money
  • Archive

Apps

  • iOS · coming soon
  • Android · coming soon

Company

  • Sponsorships
  • Contact
  • Privacy
  • Terms

© 2026 FirstScroll Media Inc.

Explainers and context, not investment advice.

Market open

Money is confusing.
It shouldn’t be.

Markets, business and money, explained in plain English. No jargon, no background needed.

Next article lands before the bell--:--:--

Free. One email each trading morning. Unsubscribe anytime.

Why RBI is Draining ₹3 Lakh Crore From Banks
Today's explainerOct 7, 2026

Economy

Why RBI is Draining ₹3 Lakh Crore From Banks

While everyone watches for a Repo Rate hike, the RBI is quietly using a VRRR auction to suck ₹3 lakh crore of excess cash out of banks. Here is why this hidden move matters for your home loan.

5 min read

Also explained

  • ·Why Separate GST Registration for Each State Is Ending
  • ·Why is the RBI Hiking Rates as the World Cuts Them?
Live
NIFTY 50
22,473.70▼ 0.57%
BANKNIFTY
54,876.10▼ 0.33%
SENSEX
72,638.70▲ 0.35%
NIFTY IT
28,270.70▲ 1.85%

Recent explainers

All stories
Why RBI is Draining ₹3 Lakh Crore From Banks

Economy

Why RBI is Draining ₹3 Lakh Crore From Banks

While everyone watches for a Repo Rate hike, the RBI is quietly using a VRRR auction to suck ₹3 lakh crore of excess cash out of banks. Here is why this hidden move matters for your home loan.

07 OCT · 5 min read

  1. 06 OCT

    Why Separate GST Registration for Each State Is Ending

    Policy · 5 min read

  2. 05 OCT

    Why is the RBI Hiking Rates as the World Cuts Them?

    Economy · 5 min read

  3. 04 OCT

    Why the Government Fears Your Trading Hobby (2026)

    Retirement · 5 min read

  4. 03 OCT

    Why the Record Drop in India Forex Reserves Happened

    Economy · 4 min read

  5. 02 OCT

    Why Are Bond Yields Rising and Stocks Falling? (2026)

    Markets · 5 min read

Markets

All markets
Why India Extended the RoDTEP Scheme Extension 2026

Policy

Why India Extended the RoDTEP Scheme Extension 2026

India has extended its key export tax refund schemes to keep 'Made in India' products competitive. We explain why these aren't subsidies but a way to stop exporting local taxes.

01 OCT · 5 min read

Why do companies use the SEBI settlement mechanism?

Markets

Why do companies use the SEBI settlement mechanism?

Adani group companies recently paid to settle cases without admitting guilt. Here is how SEBI's legal shortcuts and new formula-based penalties actually work.

29 SEPT · 5 min read

Why Are FPIs Selling Indian Stocks 2026?

Markets

Why Are FPIs Selling Indian Stocks 2026?

Foreign investors have pulled billions from India despite a 10% growth target. Here is how the global AI boom is draining capital from the NSE.

27 SEPT · 5 min read

Money

All money
What is the SEBI PRIM Framework for PMS? (2026)

Investing

What is the SEBI PRIM Framework for PMS? (2026)

SEBI has halved the entry barrier for professional money management to ₹25 lakh. Here is how the new PRIM route creates a middle ground between mutual funds and elite PMS.

28 SEPT · 5 min read

Why am I being charged for UPI now?

Personal Finance

Why am I being charged for UPI now?

Starting October 2026, the era of free UPI comes to a close for large transactions and mutual fund buys. Here is why the bill is finally landing on the counter.

22 SEPT · 5 min read

How Does Buy Now Pay Later Make Money With No Interest?

Personal Finance

How Does Buy Now Pay Later Make Money With No Interest?

Pay later apps charge you no interest, yet the business runs on billions. Here's how merchant fees, late fees and fast turnover pay for your free credit.

17 SEPT · 5 min read

Start here

Full archive
Why Is Rupee Falling Despite Low Oil Prices? (2026)

Sep 30, 2026

Why Is Rupee Falling Despite Low Oil Prices? (2026)

The Rupee briefly hit 96 per dollar despite falling crude prices. We explain the global dollar surge and the RBI's multi-billion dollar fight to save the currency.

Economy · 5 min read

Why is the RBI Rushing Exporters to Bring Dollars Home?

Sep 26, 2026

Why is the RBI Rushing Exporters to Bring Dollars Home?

After a record $14.88 billion drop in forex reserves, the RBI is slashing the export repatriation window from 15 to 9 months to protect the Rupee.

Economy · 5 min read

Why did the stock market crash as analysts predicted it would double?

Sep 25, 2026

Why did the stock market crash as analysts predicted it would double?

The Indian stock market just saw its sharpest sell-off in months, with the Sensex plunging 1.67% in a single day. We explain why a spike in US bond yields is scaring investors away from India.

Markets · 6 min read

Why Are Edible Oil Prices Falling in India?

Sep 24, 2026

Why Are Edible Oil Prices Falling in India?

The government just slashed import duties on cooking oils to curb festive inflation. Here is how it affects your kitchen budget and the local farmer.

Economy · 5 min read

What readers say

Vishal MehtaGlobal Director for CMT
“The only financial newsletter I actually open. It's like having a Bloomberg terminal in my pocket, but readable.”
Nitish NarangFounder Stockmock
“FirstScroll cuts through the noise. I save about 45 minutes every morning just by reading this instead of Twitter.”
Akshay SatpaiseFounder, CAGR Media
“Brilliant synthesis of macro and micro. Essential reading for anyone managing capital.”

Showing 3 of 7

Read what they read.

One email every trading morning, before the market opens.

Free. One email each trading morning. Unsubscribe anytime.

Common questions

5 questions

FirstScroll is a free daily finance newsletter for readers in India. Every trading morning we send one plain-English explainer on a story from markets, business or money: what happened, why it matters, and how it works, with no jargon and no investment advice.

Yes, FirstScroll is 100% free. We are supported by premium sponsorships from high-quality financial brands, so we never have to charge our readers.

We hit your inbox every weekday morning at 8:30 AM, giving you enough time to digest the market mood before the opening bell.

No. FirstScroll explains how things work and why they happened. We help you understand the subject, but we never recommend specific stocks to buy or sell.

Absolutely. Every email has a one-click unsubscribe link at the bottom. No hard feelings.