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RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
Rupee trades in narrow range against US dollar in early trade
The rupee was trading in a narrow range against the US dollar in early trade on Monday, tracking a …
PTI
Sensex tumbles over 1,000 points, Nifty falls below 22k amid election uncertainties
Benchmark equity indices Sensex and Nifty tumbled about 1.5 per cent on Thursday amid heavy foreign…
PTI
De-dollarization is not working out in China, where businesses are hanging onto their US dollars
Despite discussions about de-dollarization, the US dollar still dominates global foreign reserves, …
Huileng Tan
ED questions Paytm executives, gets documents on latest RBI action
The Enforcement Directorate has questioned senior Paytm executives and taken submission of documen…
PTI
The banking loopholes Russia has used to stay afloat are closing
Foreign banks in the UAE, Turkey, and Austria are cutting back on transactions with Russia as US sa…
Filip De Mott
The US dollar has become so weaponized that central banks are snapping up politically-neutral gold
Gold is seen as a politically neutral, safe asset, insulated from sanctions. China has doubled down…
Huileng Tan
At ₹395, Paytm shares hit upper circuit for fourth straight session
Shares of One97 Communications which owns Paytm brand hit the upper circuit for the fourth consecut…
PTI
China wants domestic investors to stop buying so much foreign stock
About a third of Chinese funds that invest in foreign securities have halted or limited access to o…
Filip De Mott
Rupee recovers from all-time low level; rises 29 paise to 83.32/USD
The rupee recovered from its all-time low level and appreciated 29 paise to 83.32 against the US do…
PTI
FPIs offload equities worth ₹28,851 crore in January – financial services, oil & gas stocks account for 79% of it
Foreign portfolio investors sold equities worth ₹28,851 crore in January, coinciding with a slide i…
MoS IT to take up SVB linked startups woes with FinMin; pitches for Indian banks
The IT ministry will take up woes of Indian startups impacted by the Silicon Valley Bank collapse w…
PTI
FPIs pour ₹11,452 crore in financial services in the first half of November
Foreign portfolio investors (FPIs) have taken a shine to the financial services sector in the first…
Russia-China trade payments are facing months of delays as sanction fear creates a banking shortage
Secondary sanctions are discouraging Chinese banks from working with Moscow, placing pressure on on…
Filip De Mott
Delhi HC seeks RBI stand on PIL seeking uniform banking code for foreign exchange transactions
The Delhi High Court on Monday sought a response from the Reserve Bank of India (RBI) on a Public I…
ANI
Paytm shares tank 10% to extend losses for second day
Shares of Paytm's parent company One97 Communications tanked 10 per cent on Wednesday after reports…
PTI
GDP growth will moderate to 6.5% in FY25 on global headwinds: Axis Bank
India's real GDP growth will moderate to 6.5 per cent in FY25, mainly due to global headwinds, Axis…
PTI
SC suggest Nirav Modi's bro-in-law to give letter of authority to CBI to access offshore bank accounts
The central probe agency has alleged Mehta received a large sum of money siphoned off in the PNB fr…
PTI
Delhi Police busts international cyber fraud syndicate operating from Dubai, Philippines; 5 arrested
With the arrest of five men, the Delhi Police on Tuesday claimed to have busted a gang of internati…
Have foreign assets or income? Not disclosing it may lead to heavy penalties
Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…