Formal retail credit access doubles over past decadeIndia’s formal retail credit market has expanded sharply over the past decade, with credit access rising from 35% of consumers in 2017 to 7...
31 Jul, 2026, 02.21 PM IST
India, Bhutan approve 12 new PTA projects worth Rs 332 crore, sign Rs 4,000 crore credit lineIndia and Bhutan reviewed development projects during high-level talks. A concessional line of credit worth Rs 4,000 crore was signed. Coop...
31 Jul, 2026, 10.40 AM IST
Banks in talks to lend $15 billion for Anthropic data center backed by Google: WSJBig Tech has been pouring billions of dollars into AI data centers and computing power as demand continues to outstrip supply.
31 Jul, 2026, 12.35 AM IST
UCO Bank plans $500-million overseas fundraiseUCO Bank plans to raise $500 million through foreign currency deposits and overseas borrowings. This move joins other lenders accessing the...
29 Jul, 2026, 06.41 AM IST
MSME Bill introduced, looks to speed up paymentsA key provision of the Bill is to strengthen the framework for addressing delayed payments, a long-standing challenge for micro and small e...
28 Jul, 2026, 11.50 PM IST
Govt companies request RBI to extend concessional forex swap by three monthsPublic sector firms want the RBI's forex swap facility extended by three months. This facility helps government companies hedge dollar cost...
28 Jul, 2026, 07.46 PM IST
Macroeconomic fundamentals of Indian economy remain strong amid global challengesIndia's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...
28 Jul, 2026, 05.20 PM IST
Kuwait approves 5-year defence cooperation pact with PakistanKuwait has ratified a broad defense cooperation agreement with Pakistan. This pact establishes a framework for military partnership and int...
28 Jul, 2026, 12.01 AM IST
Credit card rewards are changing: Here's how travellers and reward seekers can maximise points and milesBanks increasingly reward engagement rather than ownership. Issuers want your premium card to become your preferred spending instrument, as...
27 Jul, 2026, 10.59 AM IST
UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit programFirst Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...
24 Jul, 2026, 11.48 AM IST
India needs income-centric agri policies, greater Centre-state coordination: EAC-PM chairmanIndia must transition agriculture towards income generation, emphasizing crop diversification and market reforms, said S Mahendra Dev, Chai...
23 Jul, 2026, 04.30 PM IST
Can a shop charge you extra for paying by credit card? Here's what every card user should knowCan merchants legally charge customers extra for credit card payments? The Reserve Bank of India regulates these payment systems and card a...
23 Jul, 2026, 03.02 PM IST
ICICI Bank eyes $500 million dollar bond issue via GIFT CityICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBI’s concession...
21 Jul, 2026, 07.51 PM IST
Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facilityForeign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twen...
21 Jul, 2026, 05.59 PM IST
UK trade deal: Applications invited for car import quotaIndia has opened the application process for 2026 import quotas under the India-UK CETA. This significant trade agreement facilitates reduc...
21 Jul, 2026, 12.14 AM IST
India invites applications for car import quota under India-UK trade pactIndia has invited applications for the first round of 2026 import quotas for fully-built passenger cars and goods vehicles from the UK unde...
20 Jul, 2026, 09.10 PM IST
India-UK FTA: Rolls-Royce, Range Rover cars to get cheaper by crores in IndiaImported British luxury car prices will significantly decrease starting July fifteenth. Customs duty on eligible vehicles will fall from 11...
15 Jul, 2026, 05.56 PM IST