Microsoft launches fourth India cloud region in Hyderabad to meet AI demandThe Hyderabad region has three availability zones and is built for AI workloads from day one, adding to Microsoft’s existing cloud regions ...
21 Sep, 2026, 12.27 PM IST
RBI orders removal of Maharashtra minister Babasaheb Patil, seven Latur bank directorsRBI has ordered the removal of Maharashtra Cooperation Minister Babasaheb Patil and seven other directors from Latur District Central Coope...
19 Sep, 2026, 05.25 PM IST
Tata Sons sets ball rolling for listing after RBI diktat; February 2027 emerges as approximate internal targetTata Sons has started preparing for a potential stock market listing after the RBI directed it to comply with regulations for upper-layer N...
19 Sep, 2026, 08.03 AM IST
India’s ‘sugar high’ warrants caution on RBI hikes, JPMorgan Chase & Co.’s Jahangir Aziz saysJPMorgan's Jahangir Aziz suggests India's economy is experiencing a temporary "sugar high" from past stimulus. He believes markets are anti...
18 Sep, 2026, 10.31 PM IST
MDR fears groundless, AI accountability lies with boards: RBI Dy Governor SC MurmuTackling industry anxieties head-on at the Bengal Chamber of Commerce & Industry's (BCC&I) Financial Market Conclave in Mumbai, Reserve Ban...
18 Sep, 2026, 05.30 PM IST
UPI MDR kicks in October 15: RBI DG says merchant fee on payments above Rs 2,000 won’t trigger cash surgeIn a recent statement, RBI Deputy Governor Shirish Chandra Murmu clarified that adopting a Merchant Discount Rate won't necessarily encoura...
18 Sep, 2026, 05.25 PM IST
Global Market: Foreign investors sell Asian bonds in August as global debt rout weighsForeign investors turned net sellers of Asian bonds in August, recording $457 million in outflows across South Korea, Malaysia, India, Indo...
18 Sep, 2026, 03.49 PM IST
Digital gold may come under RBI, Sebi oversight; physical backing proposedDiscussions are underway to tighten digital gold rules, requiring physical bullion backing for every unit. The government is considering jo...
18 Sep, 2026, 12.07 AM IST
India supplies Wall Street with CEOs but has a shortage at homeIndia’s biggest private banks are finding it increasingly difficult to identify executives with the breadth of experience needed to lead la...
17 Sep, 2026, 07.32 AM IST
CBI books US-based missionary group TTI for alleged FCRA violations over Rs 92.55 crore fundsThe CBI has initiated an investigation against The Timothy Initiative due to suspected violations of the FCRA. Allegations suggest that ₹92...
17 Sep, 2026, 12.52 AM IST
He trusted Canara Bank for 31 Years, then was sold a life insurance plan that pays at age 93; IRDAI orders Rs 4 lakh refund and ₹1 crore fine for mis-sellingIRDAI has imposed a ₹1 crore penalty on Canara HSBC Life Insurance Company over the sale of a deferred annuity policy to an 88-year-old cus...
16 Sep, 2026, 12.36 PM IST
HSBC, ICICI Bank emerge as biggest FX lenders to India’s diaspora in GIFT CityHSBC and ICICI Bank led lending under a special foreign-exchange swap program. These two banks disbursed a combined $19.3 billion through t...
16 Sep, 2026, 07.46 AM IST
SEBI tightens scrutiny of Wall Street giants operating in IndiaIndia's securities regulator is increasing its oversight of foreign financial firms. Prominent players like JPMorgan Chase and Jane Street ...
14 Sep, 2026, 10.08 AM IST
Banks seek RBI nod to use new rules for old trade mismatchesBanks want RBI approval to apply new rules for closing old trade deals. These unsettled transactions have accumulated to nearly one lakh cr...
14 Sep, 2026, 09.46 AM IST
HDFC CEO race: One insider, one outsider in contention for the top jobHDFC Bank has nominated Kaizad Bharucha and an external candidate for the top leadership role. The bank seeks a six-month tenure rule relax...
14 Sep, 2026, 12.05 AM IST
FM Sitharaman pushes RBI to sharpen digital rupee as tokenisation takes offFinance Minister Nirmala Sitharaman urged the Reserve Bank of India to advance digital rupee pilots. She highlighted tokenisation's role in...
11 Sep, 2026, 10.21 PM IST
Sitharaman calls AI a ‘double-edged sword’, urges soft-touch regulation and faster digital rupee pushFinance Minister Nirmala Sitharaman highlighted artificial intelligence as a double-edged sword for financial systems. She advocated for a ...
11 Sep, 2026, 10.08 PM IST