RBI backs crypto containment and keeps ban on table, officials tell house panelThe Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...
03 Jul, 2026, 12.52 AM IST
From OpenAI to Sarvam, governments may want skin in the AI gameGovernments are exploring ownership stakes in leading AI firms like OpenAI and Sarvam AI, signaling a shift in viewing artificial intellige...
02 Jul, 2026, 07.59 PM IST
Coal India supply to power sector rises 5.9% in JuneCoal India Limited (CIL) reported a significant uptick in coal supplies, particularly to the power sector, during June and the first quarte...
02 Jul, 2026, 06.09 PM IST
PFC-REC merger: Which stock should you buy before the mega deal creates Rs 11 lakh cr power financing giantPower Finance Corporation (PFC) and REC's boards have approved a merger, creating India's largest power financing institution with a Rs 11 ...
02 Jul, 2026, 03.22 PM IST
Kerala Assembly urges Centre to withdraw proposed FCRA amendmentsKerala Assembly unanimously passed a resolution demanding the Centre withdraw proposed FCRA amendments, citing severe impacts on voluntary ...
01 Jul, 2026, 04.31 PM IST
Don't worry, banks have shock absorbers: RBIIn its bi-annual Financial Stability Report, the RBI flagged concerns over customer service in the insurance sector and again cautioned tha...
01 Jul, 2026, 01.09 AM IST
IBBI seeks to streamline real estate insolvency regulations with focus on homebuyersIndia's bankruptcy watchdog is proposing significant reforms to expedite real estate insolvency. Key changes include excluding completed or...
30 Jun, 2026, 11.41 PM IST
Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
30 Jun, 2026, 10.22 PM IST
Bank of England's Breeden signals new rules to govern agentic AIFollowing years of insistence that existing frameworks were sufficient to mitigate AI risks, Deputy Governor Sarah Breeden said rapid devel...
30 Jun, 2026, 10.12 PM IST
Indian economy remains exposed to energy price shocks: RBI reportIndia's economy faces potential exchange rate volatility due to rising oil prices and supply chain issues, an RBI report revealed. Despite ...
30 Jun, 2026, 08.04 PM IST
Draft National Electricity Data Sharing Framework unveiledThe framework will apply to all electricity sector data created and maintained by power generating companies, transmission licensees, distr...
30 Jun, 2026, 11.47 AM IST
PFC-REC merger explained: Swap ratio, rationale, other key details as merger set to create Rs 11 lakh cr power financing giantThe proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loa...
29 Jun, 2026, 12.01 PM IST
UP RERA issues show-cause notices to 76 realty promoters for failing to upload annual audit reportsUttar Pradesh RERA has taken a firm step by issuing show-cause notices to 76 project promoters for neglecting to provide their annual audit...
28 Jun, 2026, 12.50 PM IST
Treat internal financial controls as business necessity, not as compliance burden: ICAI officialStrong internal financial controls are crucial for businesses, not just for compliance, according to the ICAI President. He emphasized that...
27 Jun, 2026, 03.24 PM IST
European shares slip as tech selloff bites, Zalando slidesEuropean markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German prob...
27 Jun, 2026, 09.32 AM IST
Financial regulators scramble to counter AI rise with own toolsSwiss financial regulator Marlene Amstad urges banks and watchdogs to rapidly adopt new technology to counter escalating cybersecurity thre...
26 Jun, 2026, 05.16 PM IST
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
25 Jun, 2026, 04.22 PM IST