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BANKING SECTOR REFORMS
World Bank Group mobilizes $36 billion in India for development and job creation over four years- 'INDI alliance parties ruined PSBs': Sitharaman responds to Akhilesh's 'Season End Sale' remarks on IDBI-Fairfax deal
- Cabinet approves Rs 52,878 crore IDBI Bank sale to Fairfax arm in India’s largest financial-sector FDI
- IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...14 Oct, 2026, 06.24 PM IST
- World Bank helps mobilise $36 billion in private capital to support job creation in India since FY22Private capital mobilisation by the World Bank Group has grown nearly five-fold in four years, rising from approximately USD 3 billion in F...14 Oct, 2026, 05.57 PM IST
- IMF's bullish call: Why is India sprinting when the world stumbles?The IMF has raised India's growth forecast to 7% for both FY27 and FY28, highlighting the country's resilience despite higher oil prices an...14 Oct, 2026, 12.15 PM IST
- Nandan Nilekani, NEET reform panel head, wants to end ‘question papers’: Infosys co-founder has an unusual plan to prevent paper leaksNandan Nilekani's Anti-Neet Paper Leak Plan: Nandan Nilekani has proposed generating NEET question papers at the last minute using AI and a...13 Oct, 2026, 03.24 PM IST
- Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisationThe outlook for Pakistan's economy appears optimistic, with anticipated growth rates of over 4% this fiscal year, spurred by strategic gove...12 Oct, 2026, 11.11 AM IST
- GST 2.0: Easier multi-state expansion for MSMEs, e-commerce sellersIndia's GST Council has initiated reforms to modernize the GST framework for improved compliance and business operations. Simplified regist...10 Oct, 2026, 09.55 AM IST
- GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reformsGST Council Meeting 2026: The GST Council, meeting in New Delhi, is expected to propose significant reforms for tax administration. One ref...08 Oct, 2026, 02.16 PM IST
- NBFC services to banks will attract 18% GSTThe interest on the underlying loan will remain exempt from GST. The 18% levy will apply to the taxable service supplied by the NBFC to the...08 Oct, 2026, 07.45 AM IST
- Govt asks banks to develop a sector-wide quantum transition along with an AI resilience frameworkAccording to the industry, major concerns in this segment include 'harvest now, decrypt later' threats, where cyber adversaries stockpile e...07 Oct, 2026, 11.23 PM IST
- Stable institutions, steady pursuit of reforms will steer India to 2047 goal: Jean-Claude TrichetIndia's journey to becoming a developed nation by 2047 hinges on institutional stability and sustained economic reforms. Former European Ce...07 Oct, 2026, 01.42 PM IST
- World Bank bumps up FY27 India growth outlook to 7.1%The World Bank has increased the growth forecast for India's FY27 to 7.1% from earlier estimates. This revision is attributed to strong dom...07 Oct, 2026, 01.12 AM IST
- Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hitInsurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They war...06 Oct, 2026, 04.23 PM IST
- Insurance brokers oppose IRDAI's proposed reforms on caps on commissionsIndian insurance brokers are opposing regulatory proposals that include caps on commissions paid to various distributors. The Insurance Reg...06 Oct, 2026, 02.27 PM IST
- Global bond yields put emerging markets on edge, but India’s FDI pull stays strong: DEA Secretary Anuradha ThakurRising global bond yields and surging capital demand from the AI investment cycle could increase funding pressures for emerging markets, Ec...04 Oct, 2026, 10.29 PM IST
- India within striking distance of 8% GDP growth, resilience not accidental: Shaktikanta DasWith an ambitious target of 8% GDP growth, India aims for Viksit Bharat by the year 2047 through innovative reforms. The government is dedi...04 Oct, 2026, 08.48 PM IST
- Shaktikanta Das, PM's Principal Secretary-2, says India within striking distance of 8% growthShaktikanta Das highlighted India's impressive 7.8% GDP growth in the first quarter of the financial year. He emphasized the role of strong...04 Oct, 2026, 05.50 PM IST
- India's resilience built over past decade, structural autonomy key to future: Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman on Saturday said India's economic resilience has been built consciously over the past decade thro...03 Oct, 2026, 04.15 PM IST
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