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HIGH LEVEL COMMITTEE ON BANKING
Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take partParliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The com...
Bloomberg global index entry in sight for Indian G-SecsIndian government bonds are on the cusp of inclusion in Bloomberg's Global Aggregate Index, with a decision anticipated mid-July. Tax exemp...
Demographic panel set to begin visit to states, union territoriesA high-level committee on demographic changes will soon visit states and Union Territories to gather firsthand details on population shifts...
Kerala Assembly: LDF boycotts proceedings over Finance Bill's Subject Committee bypassKerala's Assembly witnessed a boycott by the LDF opposition after the Speaker disallowed their objection to the Finance Bill. The oppositio...
DMK chief Stalin announces party reorganisation advisory committeeDMK chief M.K. Stalin has formed a 10-member advisory panel to overhaul the party's structure following recent election results. This move ...
Bitcoin falls to 21-month low on Strategy, rate-hike fearsBitcoin has plunged to a 21-month low, driven by anticipated interest rate hikes and worries over a major corporate buyer's shifting strate...
Japanese bond yields rise on yen weakness, fiscal worriesJapanese government bond yields climbed Wednesday, with longer-term rates nearing a month's peak. A weakening yen and concerns over governm...
Banks clear RBI stress test, but NPAs tick up in tough scenariosThe Reserve Bank of India's latest financial stability report indicates that Indian banks will likely keep capital levels above the regulat...
West Bengal forms panel to draft UCC billWest Bengal's Chief Minister announced that a draft bill for a Uniform Civil Code will be presented to the state cabinet on Thursday for ap...
Karnataka: Congress moves with caution as ECI prepares to launch month-long SIR on TuesdayKarnataka's ruling Congress party is approaching the Election Commission's house-to-house voter revision exercise with caution, suspecting ...
Microfinance institutions' portfolio quality up in May; West Bengal, MP, Rajasthan laggards: ReportMicrofinance asset quality saw a positive shift in May, with loan defaults declining nationwide. However, West Bengal, Rajasthan, and Madhy...
Yen wobbles near 40-year low as dollar pauses for breathThe yen hovered near a 40-year low against the dollar as U.S. inflation data met expectations, leading traders to scale back bets on Federa...
China pledges 'unwavering support' for Pakistan's Iran-US mediation effortsChina has pledged "unwavering support" for Pakistan's crucial role in mediating peace talks between the US and Iran. Following high-level d...
RBI mandates kill switch for AI models at banks, introduces comprehensive model risk frameworkThe Reserve Bank of India is implementing stringent rules for banks and financial entities using Artificial Intelligence. A new draft frame...
Banking, defence could lead next market rally as Nifty eyes 25,000: Rohit SrivastavaIndian equity markets are poised for further gains, with Nifty aiming for 25,000 if it holds the 23,800 support. Banking and defence sector...
Oil export curbs waived, blockade lifted: Iran says 'major progress' in US talksIran and the US have made significant strides in peace talks, with mediators Qatar and Pakistan announcing major progress. Discussions in S...
RBI overhauls Lead Bank Scheme after review, issues new guidelinesThe Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines...