Former CIA official found with $40 million in gold bars reaches tentative plea deal: What happened to David Rush and what prosecutors say he stoleA former CIA officer has reached a tentative plea agreement with federal prosecutors. David Rush allegedly stole over forty million dollars...
13 Sep, 2026, 04.34 PM IST
BRICS leaders push faster, cheaper cross-border payments, deeper use of local currenciesBRICS leaders are calling for faster and cheaper cross-border payments among member nations. They also support greater interoperability bet...
12 Sep, 2026, 05.52 PM IST
De-dollarisation: BRICS takes a measured route, focuses on payments and not on common currencyThere is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more ...
12 Sep, 2026, 01.06 PM IST
De-dollarisation and its impact on commodities and global tradeFor decades, the US dollar has dominated global trade and commodity markets. Most commodities, including crude oil, natural gas, gold, indu...
12 Sep, 2026, 10.34 AM IST
Demat 2.0 will bring instant bond settlement closer, trading after regulation and market readiness: NSDL MDDemat 2.0 can allow investors to receive tokenised bonds instantly against payments made through the central bank digital currency (CBDC), ...
11 Sep, 2026, 10.34 PM IST
BRICS fin mins, central bank chiefs raise concerns on unilateral trade and finance-related measuresBRICS finance ministers and central bank governors voiced concerns over unilateral trade measures. They backed efforts for cross-border pay...
11 Sep, 2026, 10.17 PM IST
BRICS 2026 calls for bigger emerging-market voice in IMF, World Bank; criticises unilateral tariffsBRICS finance leaders urged greater emerging market representation in global financial institutions. They also advocated for increased loca...
11 Sep, 2026, 05.38 PM IST
Earning in dollars doesn’t make NRIs better investors: Currency advantage alone isn’t enoughFor NRIs earning in stronger foreign currencies such as dollars, pounds or dirhams, investing in India can offer greater rupee purchasing p...
11 Sep, 2026, 01.58 PM IST
BRICS can boost local-currency trade with deeper financial markets, stronger banking links: ExpertsBRICS nations can boost trade and investment by deepening financial markets. Experts suggest using local currencies more often for transact...
11 Sep, 2026, 01.39 PM IST
SEZ Port City Colombo woos tech cos to derisk India opsPort City Colombo is attracting technology companies from India seeking to diversify risks. This special economic zone offers a lower cost ...
11 Sep, 2026, 12.32 AM IST
FCNR(B) inflows can boost bank lending, support festive demand: Former Standard Chartered Bank MD Sanjeev MehtaForeign Currency Non-Resident Bank deposits are significantly enhancing banking liquidity, providing an essential boost for lending opportu...
10 Sep, 2026, 10.31 PM IST
GFF 2026: SBI sees FCNR liquidity deployment taking 3-4 months, eyes agentic AI for bankingState Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adopti...
10 Sep, 2026, 01.57 PM IST
Rupee plunges 34 paise to 95.08 against dollar as crude prices surpass USD 100 markThe rupee fell by 34 paise, settling at 95.08 against the US dollar, amid rising crude oil prices that have breached USD 100 per barrel, ra...
09 Sep, 2026, 04.49 PM IST
Rupee's RBI-backed rally falters, slips past 95 on oil, slowing interventionThe Indian rupee slid past ninety-five against the dollar on Wednesday, influenced by climbing oil prices that have offset recent intervent...
09 Sep, 2026, 12.16 PM IST
Global Market: Yen rally threatens to unravel lucrative carry trade ahead of BOJ rate decisionThe Japanese yen has surged ahead of an expected Bank of Japan rate hike next week, disrupting the long-standing yen carry trade and prompt...
08 Sep, 2026, 12.44 PM IST
A new risk for global investors: Why access to markets, currency and financial systems may become tools of pressureOnce a country begins to treat access to its markets, its currency and its financial system as instruments of pressure, then the logic will...
07 Sep, 2026, 11.19 AM IST
RBI faces about $11 billion bill on foreign deposits planIndia's central bank secured record diaspora funds, exceeding projections significantly. This fundraising effort may incur substantial cost...
03 Sep, 2026, 09.38 PM IST