Union Finance Minister Nirmala Sitharaman urged state governments to invest borrowed funds in long-term assets like schools and hospitals, ...

U.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...

The Reserve Bank of India has boosted lending limits for top infrastructure finance firms, allowing them to extend up to 45% of their capit...

Indian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...

Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...

The Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for fina...

European markets opened lower Tuesday, impacted by anticipated US Federal Reserve rate hikes and concerns over escalating corporate AI inve...

The Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Res...

According to the CBI, the two former executives are accused of causing a combined wrongful loss of Rs 7,623 crore to public sector banks. I...

Indian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...

Federal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...

Traders are now fully anticipating a quarter-point interest rate hike from the Federal Reserve by September, a shift driven by renewed infl...

UK government bond yields reached a one-week high on Friday, surpassing those of German securities. This uptick was driven by higher-than-e...

State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...

US President Donald Trump expressed confidence in Federal Reserve Chairman Kevin Warsh, a departure from his past criticisms of the central...

Gold prices saw a significant jump on Thursday, recovering from earlier declines. This surge followed a drop in oil prices. The United Stat...

The Federal Reserve maintained interest rates but signaled a potential hike later this year due to inflation concerns. New projections show...