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Prime Litmus Investment Management launches real estate opportunities fund, a Category II AIFPrime Securities has launched the Prime Litmus Real Estate Opportunities Fund, a Category II AIF targeting Rs 750 crore with a Rs 250 crore...
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
Parliament panel meeting discusses concerns over rupee, sluggish private investmentMembers of a parliamentary committee voiced concerns about the rupee's decline and slow private investment. The government stated India's e...
Court summons Naveen Jindal, ex-coal secretary in Gare Palma coal block caseA Delhi court has summoned industrialist Naveen Jindal and former coal secretary P C Parekh. This follows a CBI chargesheet alleging irregu...
Banks flag bad loans, rising fraud in SHGsBanks are flagging increased fraud and loan defaults within self-help groups. To combat this, lenders are suggesting mandatory unique regis...
Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...
Fed minutes show more policymakers were prepared to lay groundwork for rate hikeFederal Reserve minutes show growing concern that inflation driven by the Iran war could persist above the 2% target, prompting discussions...
Senate CLARITY Act vote today: Can Congress finally end SEC crypto chaos with historic U.S. crypto regulation bill?The CLARITY Act markup vote, scheduled for May 14, 2026, marks the most significant Senate action on crypto market structure in U.S. histor...
Explained! Sebi proposes sweeping changes to buyback framework. 7 things to knowMarket regulator SEBI is proposing major shifts in company share buybacks. Open market buybacks are set to return, and the mandatory involv...
SpaceX IPO gives Elon Musk sweeping power, curbs shareholder rightsSpaceX's IPO will grant Elon Musk unprecedented executive authority through supervoting shares, mandatory arbitration, and stricter shareho...
Curbing release of Fed meeting transcripts may improve debate, Warsh says in bookThe release of transcripts of Federal Reserve rate-setting meetings, a cornerstone of its transparency for more than 30 years, undermines t...
Rohit Jain appointed RBI deputy governorRohit Jain, a Reserve Bank of India executive director, has been appointed deputy governor. His term begins on or after May 3, 2026, and wi...
Hyderabad cops want RBI to plug gaps that facilitate cybercrimeHyderabad Police's crackdown on cyber fraud, revealing systemic banking gaps and Rs 400 crore annual losses, has prompted a high-level meet...
FinMin asks banks to adopt MuleHunter AI tool of RBI to check cyber fraudsFinancial Services Secretary M Nagaraju urged banks to adopt the RBI's MuleHunter AI tool to combat financial cyber frauds and mule account...
Banks asked to expand digital infra for last-mile reachFinancial services secretary M Nagaraju on Wednesday reviewed the progress of financial inclusion schemes with public sector banks (PSBs) a...
Fed likely to hold rates steady as Powell prepares for possible swan songFederal Reserve policymakers will gather in Washington this week in what may be Jerome Powell's last meeting as head of the U.S. central ba...
IndusInd Bank appoints Sunil Kumar Singh as chief compliance officerIndusInd Bank has appointed Sunil Kumar Singh as its new Chief Compliance Officer, effective April 30, 2026. Singh will succeed Sachin Pata...
Consumption sustaining growth; predictable support essential for GDP expansion: FMUnion Finance Minister Nirmala Sitharaman highlighted that domestic consumption is driving India's economic growth, emphasizing the need fo...
Trump's Fed chair pick Kevin Warsh vows to safeguard independence at confirmation hearingKevin Warsh, Donald Trump's choice to lead the US Federal Reserve, vowed Tuesday to protect central bank independence at his confirmation h...
US Fed chair nominee Kevin Warsh says he will not be controlled by TrumpKevin Warsh, nominated for the Federal Reserve leadership, assured senators he would maintain central bank independence and not be controll...