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Yen nears weakest in 40 years as BOJ hike fails to stem routThe yen remains near four-decade lows despite intervention and a Bank of Japan rate hike, as investor confidence is undermined by governmen...- Bank of England votes 7-2 to hold rates at 3.75%The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economi...
- India’s MSMEs are no longer digitising for compliance alone: Tally’s Tejas GoenkaAs MSMEs accelerate their digital transformation journey, technology is becoming central to growth, efficiency, and resilience. Tejas Goenk...
- RBI removes cap on NRI deposit rates until SeptemberThe Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...
- Govt readies farm safety net with banks, insurers as El Nino loomsThe government is enhancing financial safety nets for rural families. This initiative aims to cushion the impact of El Nino on farming. Eff...
- Insurers face margin pressure amid rising competition, costs; rural protection gap persists: ReportIndian insurers are feeling the pinch from fierce price wars and increasing operational expenses. To thrive, they must manage capital wisel...
- RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...
- Digital systems secure, says Axis Bank amid AI platform-driven vulnerability claims on cybersecurityAxis Bank assures its digital systems are secure. The bank states cyber fraud largely occurs when customers are tricked by external communi...
- Axis Bank partners with BITS Pilani to establish Rs 100 crore industry research, tech and innovation parkAxis Bank has partnered with BITS Pilani to establish a Rs 100 crore Industry Research, Technology & Innovation Park at its Hyderabad campu...
- Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...
- Banks, fintechs join forces to fight money laundering, terror financing under new platformIndia's financial sector has launched a new platform called ARIFAC. This brings together banks, NBFCs, payment firms, insurers, and other e...
- Gems, jewellery exports dip 2.49% to USD 2,047.80 million in May: Trade bodyIndia's gems and jewellery exports saw a dip in May. High gold prices and supply issues impacted overall shipments. Gold jewellery exports ...
- India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...
- Bank freezes Bengaluru man's entire account instead of Rs 25,000 specified by police; Karnataka HC grants him reliefA Bengaluru resident approached the Karnataka High Court after his bank froze his entire account despite police communications seeking a fr...
- India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...
- Why the ET Most Innovative AI Product Awards 2026 are spotlighting industry-specific innovationThe most impactful AI products of 2026 aren't built to do everything; they're built to solve one problem exceptionally well. The ET Most In...
- India's export outlook is challenging for FY27, but worst is over: Elara SecuritiesIndia's export outlook remains challenging in FY27 amid moderating global demand and elevated electronics imports, but the worst phase appe...
- Ukraine aims to align banks, insurers with EU rules by 2028, central banker saysUkraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...
- Private banks remain in focus as credit growth strengthens; selectivity key amid valuation concerns: Dnyanada VaidyaPrivate sector banks are attracting investors with robust credit growth and stable asset quality. Experts anticipate a rate cycle shift, bo...
- Falling crude prices shift market narrative; energy, defence and BFSI emerge as key bets: Pankaj PandeyEasing crude oil prices and moderating foreign investor selling are improving India's investment outlook. Head Research Pankaj Pandey highl...
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