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STATE FINANCIAL POSITION
Banks likely to deploy FCNR(B) liquidity in coming months as festive credit demand rises: RBI Deputy GuvReserve Bank Deputy Governor Rohit Jain stated that banks are expected to deploy additional liquidity from FCNR(B) deposits. This deploymen...- Karnataka: Shivakumar dismisses BJP protest over Finance Dept warning as political posturingKarnataka Chief Minister DK Shivakumar dismissed the BJP’s protest over a Finance Department warning on the state’s finances, saying such a...
- Central government employees, pensioners to get payouts on September 25, 2026: Ministry orders early disbursal of salaries, pensions amid 3-day bank strikeThe central government is taking steps to ensure that employees and pensioners are not affected by the upcoming nationwide bank strike. Sal...
- From counter-terrorism to climate finance, MEA Secy Dalela highlights India's priorities at UN meetingsSecretary (Economic Relations) at the Ministry of External Affairs (MEA) Sudhakar Dalela participated in three engagements which brought to...
- Rupee has scope to stabilise, appreciate: RBI deputy governor Poonam Gupta"One may think of the cumulative depreciation of the INR in the past year and a half to be a temporary phenomenon," she said. "If anything,...
- Sunrise Sectors: SBI chief Setty sees next wave of global investment taking shapeState Bank of India Chairman Challa Sreenivasulu Setty emphasized the role of banking institutions in supporting sunrise sectors. He identi...
- Uday Kotak says India can become current account surplus nation: Asia's richest banker shares one golden formulaUday Kotak emphasized India's heavy dependence on gold imports, estimating a rise to $90 billion by FY27. He highlighted that excluding gol...
- High-level panel on banking likely by October-endIts composition is being finalised and is likely to include a former Reserve Bank of India (RBI) deputy governor, industry leaders from the...
- In 2000, Henry Kravis offered Joe Plumeri a job after a chance Paris meeting; the result made him Willis CEO despite limited experience in insurance and LondonJoe Plumeri’s unexpected Paris meeting with Henry Kravis in 2000 led to an opportunity to run Willis. After 32 years with Citigroup and its...
- Global Market: Warner Bros, Paramount shares jump on merger settlement talksShares of Warner Bros Discovery and Paramount Skydance jumped after reports that Paramount and California’s attorney general were in advanc...
- Iran Foreign Minister Araghchi arrives in New York to participate in 81st UNGA sessionIranian Foreign Minister Abbas Araghchi arrived in New York for the UN General Assembly session. President Masoud Pezeshkian will also atte...
- 'All Iranian airlines will be shut down around the world': Bessent threatens secondary sanctions against foreign airports, fuel suppliersUnited States Treasury Secretary Scott Bessent warned Iranian airlines face international shutdown. Foreign companies providing services ri...
- US, China seek to steady ties ahead of Trump-Xi summitChina's top trade negotiator, Li Chenggang, said the talks were held in a "good atmosphere" as he left JPMorgan Chase & Co.'s headquarters ...
- OFSS shares tumble 7%; Wipro, Coforge, Infosys shares down up to 2%. Why are IT stocks under pressure today?Shares of OFSS fell over 7% while top IT stocks including Infosys, Wipro, and Coforge dropped up to 2% on Monday. The drag comes following ...
- Uday Kotak lays out 7 priorities for Viksit Bharat, warns against economic complacencyVeteran banker Uday Kotak urged India to avoid complacency despite its strong global position, calling for tighter fiscal management, finan...
- Two-day conference of state finance ministers, secretaries concludes with focus on Viksit Bharat financingThe two-day meet covered the macroeconomic outlook, financing agricultural transformation and the energy transition, and stressed Centre-st...
- Assam CM Himanta Biswa Sarma attends conference on 'Financing India's journey towards Viksit Bharat'Assam Chief Minister Himanta Biswa Sarma attended the Centre’s conference on financing India’s Viksit Bharat 2047 agenda in New Delhi, wher...
- Private financing critical for Viksit Bharat goal: Economic Affairs SecretaryAchieving India's Viksit Bharat vision requires significant private sector investment. Government budgets alone cannot bridge the substanti...
- India bore USD 45 million interest as Maldives clears USD 150 million facility: MEAIndia covered approximately USD 45 million in interest payments over five years. Malé fully repaid the USD 150 million Treasury bill facili...
- Vijay goverment opposes Navodaya schools over three-language policy, Supreme Court asks TN to change its approach towards teaching Hindi in schoolsSupreme Court has asked the Tamil Nadu government to reconsider its opposition to the Hindi component of Navodaya Vidyalayas and comply wit...
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