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RBI to explore CBDC pilot in cross-border transactionsThe Reserve Bank of India (RBI) plans to expand its digital rupee pilot to more direct benefit transfer schemes and the domestic retail spa...
RBI highlights strong banking sector health, says lenders can withstand severe shocksIn the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...
View: Rupee crossing 100 may not be catastrophic, but can India convince the world about its growth story?As the global economy wobbles, India's rupee approaches a significant dollar benchmark, influenced by surging oil import prices and substan...
AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
Aditya Birla Grp to invest Rs 3,080 cr in fin services arm, IFC to pump Rs 920 crAditya Birla Capital is raising Rs 4,000 crore for future growth. The Aditya Birla Group will invest Rs 3,080 crore and IFC will invest Rs ...
G7 finance ministers vow cooperation to face 'heightened risks'Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges lik...
Without meaningful reform, effectiveness and credibility of UN will remain constrained: Jaishankar at BRICSIndia is strongly advocating for major changes in global institutions. External Affairs Minister S. Jaishankar stated that the United Natio...
Belarus eyes deeper BRICS partnership, strengthens India ties for multipolar worldBelarus eyes full BRICS membership, seeking a multipolar world order. The nation is deepening its strong relationship with India. Key areas...
NPS gets new investment option: Pension body allows NPS funds to invest in these rupee bondsThe PFRDA has updated NPS investment guidelines, effective May 13, 2026, to include rupee-denominated bonds issued by the New Development B...
Iran Foreign Minister Araghchi begins 3-day India visitIran's Foreign Minister Abbas Araghchi is in New Delhi for crucial BRICS talks, focusing on the escalating West Asian crisis and its impact...
Crude oil prices likely to stay higher for longer: ADB Chief EconomistCrude oil prices are set to remain high due to the Middle East crisis. This will affect India's economy, lowering GDP growth in FY27. Infla...
ADB warns Asian economies against broad fuel subsidies, tax cuts amid oil price risksThe Asian Development Bank advised Asian economies to avoid broad fuel subsidies and excise duty cuts, warning they could strain public fin...
Sustained reforms will help India maintain growth momentum, says ADB’s Albert ParkIndia's economy shows strong growth prospects despite global challenges. The Asian Development Bank highlights the need for continued refor...
India urges ADB to scale up lending, push reforms to support developing economiesIndia urged the Asian Development Bank to increase its lending capacity and adopt a more transformative approach to aid developing economie...
ADB should step up capital expansion measures, adopt 'more transformational approach': MoS FinanceIn his address at the ADB Annual Meetings, Pankaj Chaudhary also said that the multilateral funding institution should adopt a "more transf...
ADB calls for accelerating structural reforms in Asia PacificThe Asian Development Bank urges greater regional cooperation and faster reforms in Asia Pacific. The bank warns of overlapping crises incl...
Asia finance leaders say they are ready to act to stem volatility risksFinance leaders from China, Japan, South Korea, and ASEAN nations met in Samarkand. They pledged to watch for excessive financial market vo...