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Jio Payment Solutions launches cross-border payments to connect exporters with global marketsJio Payment Solutions has launched a new cross-border payment platform. This facility helps Indian exporters receive international payments...
HDFC AMC appoints Ihab Dalwai as Senior Fund Manager – EquitiesIhab Dalwai has been appointed as a Senior Member of Investments at HDFC Asset Management Company, where he will oversee equity assets for ...
Savings account interest rates of up to 7%: Canara Bank, Bank of India, IDFC First Bank revise rates; check detailsCanara Bank, Bank of India, and IDFC FIRST Bank have announced updates to their savings account interest rates, which will take effect on S...
Financial Intelligence Unit issues notice to 15 crypto service providers, asks to take down URLsThe Financial Intelligence Unit of India has taken significant action by issuing notices to fifteen virtual digital asset service providers...
RBI may not need immediate CRR hike as liquidity surplus likely to moderate: UBI ReportThe Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the immediate term as the banking system's surplus liquidit...
Non-compliance notices issued to 15 Virtual Digital Asset service providers under PMLAIndia's Financial Intelligence Unit issued notices to fifteen Virtual Digital Assets Service Providers. These firms operated without comply...
Rupee endures sharpest fall in over a month as Brent oil barrels towards $100The Indian rupee saw its most significant drop since late July on Tuesday, primarily driven by escalating oil prices nearing $100 a barrel....
How to choose a safe, regulated forex broker in IndiaWhen choosing an Indian forex broker, it's essential to evaluate their regulatory compliance and account protection measures thoroughly. An...
US dollar reserve shift may be less widespread than headline figures suggest, NY Fed study findsThe dollar’s share of global reserves has fallen, but a New York Fed study says the decline is concentrated among a few countries. Reserve ...
Blue Machines AI unveils speech-to-text model built for India's BFSI sectorBlue Machines AI has launched Aurora, a new speech-to-text model for Indian financial services. This model is designed for real-time multil...
Satya Niketan building collapse: Delhi High Court to hear PIL seeking ₹1 crore compensation and safety auditsA public interest litigation seeks urgent structural audits of student housing. It demands criminal accountability and compensation for dec...
Waterfield Advisors launches two GIFT City funds for global diversificationWaterfield Advisors has launched two GIFT City-based outbound AIFs to help Indian family portfolios diversify across global equities, commo...
Every fourth Jan Dhan account inoperative; 5.72 crore have zero balance: RTINearly 5.72 crore Pradhan Mantri Jan Dhan Yojana accounts currently hold zero balances. Over 15 crore accounts under the scheme are classif...
Idle money in your bank account? Your bank balance could be losing value; here’s how to fix it
GIFT IFSC emerges as international banking hub with $52.82 bn FCNR(B) disbursals: Uday KotakGIFT IFSC banking units are channeling foreign-currency deposits into financing. These units funded fifty-two billion dollars of FCNR(B) de...
Global Market Today: Asian stocks advance as oil slips, yen in focusAsian markets mirrored Wall Street's upward trend, with Japanese and South Korean indices on the rise. The yen's unexpected gains caught tr...
Indian banks raise over $136 bn via RBI forex swap, FCNR(B) deposits dominate inflowsIndia's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident dep...
Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+Japanese Credit Rating Agency has upgraded India's sovereign rating to A- from BBB+. This upgrade reflects solid economic growth and effect...
Ram temple Trust to appoint first full-time CEO amid push to tighten administrationThe Shri Ram Janmbhoomi Teerth Kshetra Trust will appoint its first full-time CEO on Wednesday. A search committee submitted three shortlis...
MCX logs record daily turnover of Rs 62.93 lakh crore amid strong activityMCX recorded its highest-ever daily turnover of Rs 62.93 lakh crore on August 28, driven largely by options activity across more than 3.13 ...