Rules for faster full and final settlement, annual leave encashment & other provisions are already effective under new labour code even without state government notification, know what it meansNew labour code provisions are now effective across India from November 21, 2025. Employee benefits like faster full and final payments and...
22 May, 2026, 11.37 AM IST
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
18 May, 2026, 05.46 PM IST
Two pacts to boost India’s LPG supplies & strategic reserves during PM Modi's visit to UAEIndia and the UAE are likely to sign two MoUs on Friday focused on LPG supplies and strategic petroleum reserves during Prime Minister Nare...
14 May, 2026, 08.41 AM IST
Your in-hand salary may not change under the new labour code yet, know whySalaried employees are yet to see benefits from the new labour codes due to delayed state-level implementation. While some aspects like ESI...
09 May, 2026, 08.36 PM IST
India approves Rs 30 billion for Maldives under SAARC currency swapIndia has approved a Rs 30 billion currency swap for the Maldives. This reaffirms New Delhi's role as a key financial partner. The Maldives...
24 Apr, 2026, 09.22 AM IST
RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...
22 Apr, 2026, 07.41 PM IST
Sensex at 30k, crude $300, inflation 19%: Shankar Sharma says he can tolerate anything, but not Pakistan's Iran peace plan successInvestor Shankar Sharma has voiced strong opposition to a Pakistan-led peace initiative concerning the Iran-US-Israel conflict. This comes ...
07 Apr, 2026, 01.43 PM IST
Defending the rupee: Understanding the RBI’s new rules. Will they work?The RBI’s measures to defend the rupee have had their desired effect, with the Indian currency staging a smart recovery. But do these measu...
03 Apr, 2026, 03.30 PM IST
NSE to introduce Dated Brent Crude Oil futures contract from Apr 13The National Stock Exchange (NSE) will introduce Dated Brent Crude Oil (Platts) futures from April 13, expanding its commodity derivatives ...
29 Mar, 2026, 10.53 AM IST
RBI to boost rupee's internationalisation, liberalise norms for non-residentsThe Reserve Bank of India (RBI) is intensifying efforts to internationalize the Indian Rupee (INR) by making regulatory changes for non-res...
31 May, 2024, 10.28 AM IST
RBI permits banks to open current account for export proceeds in addition to special rupee vostro accountsIn July 2022, the RBI had asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view o...
17 Nov, 2023, 06.26 PM IST
India and Bangladesh trade settlement in rupee will boost bilateral commerce: Sanjay BudhiaCII national committee on EXIM Sanjay Budhia said that since all exports and imports and settlement of trade transactions under this arrang...
07 Aug, 2023, 01.09 AM IST
ICICI Bank offers a network of Rupee Vostro Accounts, expedites settlement of trade in rupeeThe latest initiative is in line with FTP 2023 and RBI’s framework for settlement of exports or imports in the Indian rupee.
28 Apr, 2023, 11.36 AM IST
Promoting international trade in rupee to help reduce currency volatility: SurveyThe survey suggested that it could assist Indian exporters in getting advance payments in rupee from overseas clients and in the longer ter...
31 Jan, 2023, 05.18 PM IST
Rupee settlement will help India trade with Russia, Iran and South Asian neighbours: ExpertsOn Monday, the Reserve Bank of India said it had put in place a mechanism for international trade settlements in Indian rupees (INR) with i...
12 Jul, 2022, 12.27 PM IST
RBI introduces mechanism for international trade settlements in rupees"In order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading co...
11 Jul, 2022, 07.17 PM IST
Banks require Rs 5 lakh crore to meet global capital norms: RBIIndian banks will require a whopping Rs 5 lakh crore over the next 5 years to meet the global norms on capital requirement, called Basel II...
05 Jun, 2013, 06.24 PM IST