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FORMAL FINANCIAL SYSTEM
The Bond who came back from the dead: The risky world of AT1 bondsYes Bank AT1 bonds are back in the spotlight after the Supreme Court upheld the ruling invalidating their ₹8,415-crore write-off during the...- Ethan Klein’s $9 million Bel Air mansion, 7,500-Sq-Ft luxury estate in spotlight as one of YouTube’s richest stars faces cheating allegationsEthan Klein, one of YouTube’s richest stars with an estimated net worth of $25 million, is facing cheating allegations from his wife, Hila ...
- NHB appoints forensic auditor for SRG Housing FinanceThe National Housing Bank (NHB) has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance amid allegations of f...
- Brisk polling in eight Bihar MLC seats; 150 candidates in frayPolling for eight Bihar Legislative Council seats witnessed a significant turnout during the initial hours. Saran Teachers' constituency re...
- UN biodiversity summit to take stock of 2030 goalsRepresentatives from 196 countries are meeting in Yerevan to evaluate biodiversity progress under the 2030 targets. The Kunming-Montreal Gl...
- Reinventing the pond: How this Bengal start-up is helping fish farmers battle climate and credit crisisAt a time when climate change is impacting world resources, including the aquatic system, Jalpaiguri’s Essential Aquatech is working to emp...
- Only 2.3% of wealthy family businesses are ready for succession. What’s holding them back?Julius Baer–EY’s Family Barometer Report 2026 shows that 65.9% of families believe the next generation is not yet ready, while emotional at...
- PSU banks plan youth banking push before Diwali, with savings, loansState-run banks are preparing to launch three financial products aimed at youth, covering savings, investments, insurance, and loans. These...
- Canadian billionaire and Asian banking titans find ₹1.32 lakh crore worth of interest in IndiaIn recent months, foreign investment in India’s financial sector has grown significantly, resulting in major acquisitions. Fairfax Financia...
- India refines 1,200 tonnes of gold but consumes 800-850 tonnes: How GIFT City could help unlock major export opportunityIndia’s 1,200-tonne gold refining industry could unlock new export opportunities through GIFT City, following the introduction of responsib...
- Putting plurilaterals to good use: India signals change in WTO stance by engaging in plurilateral agreement discussions after BRICS declarationIndia has recently indicated its readiness to engage in discussions on plurilateral agreements within the WTO framework. This shift follows...
- How are Yemen's Houthis attacking Saudi Arabia so effectively?Houthi attacks on Riyadh airport and Saudi Aramco’s headquarters have exposed vulnerabilities in Saudi Arabia’s air defences, threatening i...
- India’s digital public infrastructure among world’s 10 most effective reforms: ReportIndia's Digital Public Infrastructure has been recognized as one of the top ten effective reforms globally. This infrastructure, particular...
- Nandan Nilekani calls for expanding Account Aggregators to reach street vendors for access creditNandan Nilekani emphasizes the importance of expanding the Account Aggregator framework to include self-employed individuals. He highlights...
- October 13 or 14? What was the deadline to buy RIL shares for Jio IPO reservation?Reliance Industries shareholders had to buy shares by October 13 to qualify for Jio Platforms’ Rs 2,500 crore shareholder quota. The IPO op...
- A $6 bn deal signals major appetite for the India prize as global giants look to deepen exposureThe sale of a controlling stake in IDBI Bank for around $6 billion is being viewed a pivotal moment in India's banking reform journey. The ...
- Amit Shah meets Nepal Home Minister Sudhan Gurung, discusses border security, crimeAmit Shah and Nepal's Home Minister Sudhan Gurung met to discuss enhancing bilateral cooperation. The meeting focused on issues such as bor...
- Banking watchdogs ramp up AI scrutiny as stability fears mount, sources sayBanking regulators are intensifying their oversight of AI risks that could affect financial stability and cyber security. The Federal Reser...
- GST reforms 2026: Govt plans faceless, centralised CGST system for 2 lakh multi-jurisdiction taxpayersGST reforms 2026 will move around 2 lakh businesses operating across multiple CGST jurisdictions towards a centralised, faceless tax admini...
- Share of new-to-credit customers rises to 50% in June 2026 from 24% in June 2016: TransUnion CIBIL-FIDC reportNBFCs now account for half of India’s new-to-credit (NTC) borrowers, up from 24% in 2016, according to a TransUnion CIBIL-FIDC report cover...
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