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India fully committed to increasing cooperation under BRICS, says PM Modi at Leaders' Summit

Lauding the role of BRICS, PM further highlighted that the grouping after the inclusion of five new…

ANI   


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3 mins read

Bill to provide up to four nominees to a bank account introduced in Lok Sabha

Another proposed change relates to redefining 'substantial interest' for directorships, which could…

PTI   


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2 mins read

Customers at several small-sized banks affected as tech provider C-Edge suffers ransomware attack

The issues are being faced for the last two days after the discovery of a breach of the system…

PTI   


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RBI penalizes five banks, including PNB, for regulatory non-compliance in first week of July

The Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in …

ANI   


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3 mins read

India could lose a quarter of its economy by 2070 – here’s why

India faces significant risks from climate change, including sea-level rise, extreme heat, and seve…

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3 mins read

Maldives President Muizzu met with PM Modi in Delhi today. Here’s how it went!

New initiatives like RuPay card payments and a currency swap agreement have been introduced, with b…

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2 mins read

JM Financial says will fully cooperate with Sebi in probe into public issue of debt securities

JM Financial Ltd has said it would fully cooperate with capital market regulator Sebi in its invest…

PTI   


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India serves notice to Pakistan seeking review of Indus Water Treaty

India's notification highlights fundamental and unforeseen changes in circumstances that requi…

PTI   


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1 min read

RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23

The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-b…

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3 mins read

India provided more climate finance in 2022 than many rich nations, noted recent report

India provided $1.287 billion in climate finance to other developing countries through MDBs in 2022…

PTI   


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Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze

Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The centra…

Huileng Tan   


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1 min read

RBI found excessive dominance by 1-2 board members even in big commercial banks: Das

Reserve Bank Governor Shaktikanta Das on Monday said the central bank has noticed "excessive domina…

PTI   


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1 min read

RBI doubles bullet repayment gold loan limits for urban co-op banks to Rs 4 lakh

The Reserve Bank of India on Friday announced doubling the lending limits for gold loans under the …

PTI   


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3 mins read

Raising massive financial resources for net-zero goal unprecedented challenge: Economic Survey

Reaching net zero means achieving a balance between greenhouse gas emissions and the amount of thes…

PTI   


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4 mins read

On the right track — Economic Survey 2023-24 outlines India’s commendable climate action

India's Economic Survey 2023-24 showcases remarkable progress in combating climate change and promo…

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2 mins read

RBI mandates banks to set up committees for inspection of fraud cases after the SC ruling

As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed …

ANI   


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4 mins read

After AAP, ED attaches land, bank deposits of CPI(M); says party holding proceeds of money laundering

Official sources said the party may be named as an accused in the next supplementary chargesheet to…

PTI   


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2 mins read

RBI imposes first-of-its-kind penalty on AP Mahesh co-op bank for cyber security violations

The Reserve Bank of India (RBI) has imposed a penalty of Rs 65 lakh on AP Mahesh Co-operative Urban…

PTI   


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World Bank raises GDP projection, says India to keep its fastest-growing economy tag

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…

ANI   


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'Americans just work harder' than Europeans, said the CEO of Norway's $1.6 trillion oil fund

Nicolai Tangen said European companies aren't innovating as quickly as American ones, as he spoke o…

Matthew Loh