Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
11 Jun, 2026, 01.22 PM IST
Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...
11 Jun, 2026, 09.55 AM IST
84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...
11 Jun, 2026, 08.35 AM IST
Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
10 Jun, 2026, 02.27 PM IST
Central Bank of India ordered to pay Rs 2.5 lakh compensation to customer for losing original property papersA consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...
10 Jun, 2026, 02.23 PM IST
Geopolitical shifts to boost indigenous tech, five-fold jump in job creation in defence sector: SurveyIndia's defence sector is set for major growth. Indigenous technology adoption will surge, reaching USD 36.45 billion in three years. This ...
09 Jun, 2026, 03.12 PM IST
US lawmakers urge tighter rules on contract chipmakers supplying Chinese firms' overseas unitsThis comes after the Trump administration last week moved to halt a potential loophole that may have led companies to export advanced chi...
09 Jun, 2026, 08.40 AM IST
Fed Interest Rate cut prediction, date: What to expect from US Central Bank officials at Federal Reserve meeting?A number of Fed policymakers have begun to speculate that interest rates may need to rise to ensure that the central bank's key inflation ...
08 Jun, 2026, 09.19 PM IST
RBI seen joining Asia’s rate-hike push as inflation risks riseThe Reserve Bank of India is expected to increase interest rates soon. This move aligns with other central banks responding to rising infla...
08 Jun, 2026, 02.52 PM IST
Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
08 Jun, 2026, 01.39 PM IST
India inflation likely rose to 4% in May as food, fuel costs climbIndia's inflation likely climbed to the Reserve Bank of India's 4% target in May, driven by rising vegetable prices and increased fuel cost...
08 Jun, 2026, 01.01 PM IST
India eyes major bond index entry as tax exemptions sweeten appealIndia is set to reapply for inclusion in major global bond indices. This follows significant tax exemptions for foreign investors on capita...
08 Jun, 2026, 06.59 AM IST
FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...
06 Jun, 2026, 10.52 AM IST
India to use artificial intelligence for machine-readable standards, says Consumer Affairs Secretary KhareIndia's Consumer Affairs Ministry is set to develop advanced, machine-readable standards using AI. This initiative aims to simplify complia...
04 Jun, 2026, 02.48 PM IST
RBI launches 2 key surveysThe Reserve Bank of India has initiated its annual surveys for the 2025-26 period. These surveys will gather crucial data on mutual funds' ...
01 Jun, 2026, 09.43 PM IST
RBI to explore CBDC pilot in cross-border transactionsThe Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail spa...
29 May, 2026, 05.26 PM IST
BIS and banks build blockchain cross-border payments prototypeGlobal financial institutions are set to test a new digital system for cross-border payments. This project, involving major banks and centr...
28 May, 2026, 06.34 AM IST