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LOCAL CURRENCY SETTLEMENT SYSTEM
American Express vs Indian Company: Viral post highlights stark gap in work culture, FNF settlements and gratuity practices- From forests to fields: How India's earliest rebels fought colonial exploitation before 1857
- Air India crash report: AAIB says AI-171 crash probe in final analysis stage, urges restraint on speculation
- India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...11 Jun, 2026, 05.48 PM IST
- Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...11 Jun, 2026, 01.22 PM IST
- Delhi-NCR plans Tokyo-like growth: 8 new towns proposed, nearby city travel to reduce to just 30 minutesDelhi Master Plan 2041 Latest News: Delhi-NCR is planning for significant growth with up to eight new townships and a 30-minute commute goa...11 Jun, 2026, 01.16 PM IST
- Visa and Mastercard $38 billion swipe fee settlement gets preliminary approval after 20-year legal battle - what it means for merchants, credit card fees and consumersVisa Mastercard swipe fee settlement explained: A major legal battle over credit card swipe fees has advanced. A US district judge has give...11 Jun, 2026, 12.56 AM IST
- What is Germany's Qualified Employment Visa and who can apply?Germany's Qualified Employment visa offers a pathway for non-EU skilled workers with recognized qualifications to secure jobs. Applicants n...10 Jun, 2026, 03.54 PM IST
- Johannesburg mass shooting: 12 killed, 9 injured as South African police hunt gunmenJohannesburg reels from a brutal overnight shooting that claimed 12 lives in a crowded settlement. Multiple gunmen unleashed a coordinated ...10 Jun, 2026, 02.41 PM IST
- A step-by-step guide to getting a Germany student residence permitInternational students in Germany, excluding EU/EEA/Swiss citizens, generally require a residence permit after arrival. This permit allows ...09 Jun, 2026, 05.42 PM IST
- Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...09 Jun, 2026, 09.21 AM IST
- RBI exempts bank swap deals from net unhedged FX exposure normBanks will benefit from new Reserve Bank of India rules. Swap deals for foreign currency funds will not count towards their overnight forei...08 Jun, 2026, 10.05 PM IST
- India eyes major bond index entry as tax exemptions sweeten appealIndia is set to reapply for inclusion in major global bond indices. This follows significant tax exemptions for foreign investors on capita...08 Jun, 2026, 06.59 AM IST
- PwC finds accounting lapses in IndusInd treasury operationsA confidential PwC review of IndusInd Bank's treasury operations revealed significant accounting irregularities. Manual entries were used t...04 Jun, 2026, 11.56 PM IST
- Tokenisation could be the next big upgrade to India's market plumbingTokenisation represents financial assets as digital tokens on programmable blockchains, simplifying ownership and settlement. India's finan...03 Jun, 2026, 11.13 PM IST
- Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...03 Jun, 2026, 12.09 PM IST
- RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...02 Jun, 2026, 12.47 PM IST
- RBI efforts boost rupee usage, yet global adoption remains limitedDespite RBI's efforts to boost rupee usage in international trade, including Special Rupee Vostro Accounts, its adoption for invoicing and ...30 May, 2026, 07.53 AM IST
- Retail central bank digital currency in circulation falls by 24% in FY26The value of retail central bank digital currency in circulation saw a significant drop of 24.08 percent in 2025-26. Despite this, the Rese...29 May, 2026, 09.09 PM IST
- RBI flags US-Iran war's impact on rupee, lists measures to manage forexThe Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, th...29 May, 2026, 02.07 PM IST
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