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...
29 May, 2026, 05.26 PM IST
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...
29 May, 2026, 12.22 PM IST
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...
28 May, 2026, 11.32 PM IST
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...
23 May, 2026, 01.03 AM IST
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 ...
20 May, 2026, 06.40 PM IST
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...
19 May, 2026, 07.42 PM IST
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...
15 May, 2026, 11.38 AM IST
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...
15 May, 2026, 10.15 AM IST
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...
14 May, 2026, 04.22 PM IST
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...
14 May, 2026, 12.36 AM IST
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...
10 May, 2026, 01.15 PM IST
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...
06 May, 2026, 01.18 PM IST
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...
05 May, 2026, 07.11 PM IST
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...
04 May, 2026, 11.53 PM IST
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...
04 May, 2026, 06.41 PM IST
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...
04 May, 2026, 04.30 PM IST
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...
03 May, 2026, 07.24 PM IST