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Ind-Ra downgrades Jana Capital, Jana Holdings NCDs to defaultIndia Ratings downgraded Jana Capital and Jana Holdings' NCDs to default after both entities extended debt repayments by six months due to ...
UPI volume eases 2.1% in June to 22.72 billion from May peakUPI processed 22.72 billion transactions in June, a slight dip from May's record, but daily averages hit an all-time high. Despite fewer da...
UPI transactions moderate to Rs 28.9 lakh crore in June, up 20% YoYUnified Payments Interface (UPI) transactions saw a slight dip in June, reaching Rs 28.9 lakh crore, down from May's record high. Despite t...
AI driving credit risk, may threaten jobs and tax revenues in developed economies: FitchFitch Ratings highlights AI and massive digital infrastructure spending as significant global credit risks. While AI promises efficiency, i...
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...
RBI flags emerging fault lines in private credit market, calls for close monitoringThe Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank's latest report highli...
Compass launches NodGuard: Consent infrastructure that connects compliance to marketing performanceIndia's new data protection law, effective November 2026, mandates robust consent management. Many businesses struggle with fragmented syst...
Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
Gaming founders appeal to GST Council for personal liability relief after Supreme Court rulingReal money gaming founders are urging the GST Council to shield them from personal tax liabilities and offer amnesty on past dues following...
Adani case: NY judge's query procedural, unlikely to derail DoJ bid to drop charges, says US lawyerA US judge's request for more details on dismissing charges against Gautam Adani is a standard procedural step, not a sign the case will re...
UP RERA issues show-cause notices to 76 realty promoters for failing to upload annual audit reportsUttar Pradesh RERA has taken a firm step by issuing show-cause notices to 76 project promoters for neglecting to provide their annual audit...
Chinese Proverb of the Day: "When opponents meet on a narrow road, the brave..."— The ancient secret that shows why fear never has the final word: A timeless life lesson about courage under pressureChinese proverb of the day: "When opponents meet on a narrow road, the brave win." This timeless Chinese proverb reminds us that life's big...
FEMA rules revision: Exporters flag at least half-a-dozen worriesIndian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...
How RBI’s 2026 TReDS directions advance the MSME financing reformWith the Budget setting the policy direction and the RBI directions providing the regulatory foundation, TReDS is well positioned to move f...
Reserve Bank of India issues final rules on credit derivativesThe rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without an...
India notifies QCO enabling flexible sourcing framework for some sectorsIndia has unveiled a new Quality Control Order for 2026, offering a flexible sourcing framework for key industries like toys and electronic...
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
Can a bank seize your vehicle after EMI default? What borrowers need to knowFacing vehicle repossession in India? Understand your rights: lenders can't seize your vehicle after just one or two missed EMIs without du...
Annuity flexibility, tax tweaks can accelerate NPS growth: Axis Pension Fund CEO Sumit ShuklaA senior executive believes greater flexibility in retirement withdrawals and restored tax incentives could significantly boost the Nationa...
Bain Capital CLO tranche defaults in post-2008 first for EuropeA European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...