IBC 10-year anniversary scorecard: Over Rs 4 lakh crore realised, big implications for credit markets, economic efficiencyThe Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies...
US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
RBI panel to evaluate impact of quantum tech in financeThe Reserve Bank of India has formed an eight-member committee to explore quantum technology's role in finance. Headed by an IIT Madras pro...
Priority sector lending boosts inclusion, not always guarantee growth: EAC-PMIndia's priority sector lending has aided financial inclusion for decades. However, a recent report suggests that simply increasing directe...
Overseas travel spending by Indians falls to $1.09 billion in MarchIndians’ spending on overseas travel fell to USD 1.09 billion in March from USD 1.3 billion in February, according to RBI data on outward r...
LRS outflows up over 10% in March led by travel demandIndians sent $2.59 billion abroad in March 2026 via the Liberalised Remittance Scheme. This marked a 10.9% increase from the previous month...
Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...
The Rs 3 relief that wasn't: Why investors are dumping oil stocks after long-awaited petrol, diesel price hikeShares of HPCL and BPCL fell up to 3% despite the first fuel price hike since 2022, as investors worried the increase would not offset moun...
CAG conducting special audit of 101 cities to assess ease of living, says MurthyIndia is auditing 101 cities to understand citizen ease of living. The Comptroller and Auditor General is also examining transport and logi...
Power ministry to seek Cabinet nod for ₹20,000 crore carbon capture scheme by JulyIndia's power ministry is planning a significant ₹20,000 crore scheme for carbon capture technology. Cabinet approval is expected by July. ...
West Asia war has a crude lesson for Indian economy: Cut the oil importsThe West Asia conflict has exposed India's vulnerability to energy shocks, prompting calls to reduce crude oil imports and boost energy sec...
Why the RBI is weighing a rare 2013-crisis playbook to arrest rupee slide to record lows?The rupee’s slide to fresh record lows and oil above $100 has prompted the RBI to revisit crisis-era tools from 2013, including a special N...
India explores steps to mobilise dollar inflows as rupee slides, sources sayIndia's central bank is actively seeking methods to attract dollar inflows. This move aims to bolster foreign exchange reserves and stabili...
FM Nirmala Sitharaman meets heads of banks on AI risks following concerns over Anthropic's MythosFinance Minister Nirmala Sitharaman met with bank leaders to address Artificial Intelligence risks. Concerns arose from Anthropic's Mythos ...
FM Nirmala Sitharaman meets heads of banks on AI risks following concerns over Anthropic's MythosFinance Minister Nirmala Sitharaman convened a meeting with bank heads to address Artificial Intelligence (AI) risks, particularly concerni...
Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
Banks’ exposure to carbon-intensive sectors raises long-term credit risk, costs: IIM Lucknow studyBanks financing carbon-heavy industries face growing credit risks. Research from IIM Lucknow shows this exposure leads to higher monitoring...