The agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement pla...

The Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...

The Reserve Bank of India has released draft rules for banks. These rules cover how banks calculate risks from derivative deals. They also ...

Abu Dhabi Investment Authority (ADIA) is set to divest up to 2.3% of its stake in eyewear retailer Lenskart for approximately Rs 1,944 cror...

Palestinian homes face demolition in East Jerusalem as Israel expands Jewish settlements. Families are displaced, losing their properties a...

India is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...

The 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...

India is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...

India is set to reapply for inclusion in major global bond indices. This follows significant tax exemptions for foreign investors on capita...

Russia and India convened at SPIEF to boost economic ties. Discussions focused on joint projects in energy, transport, IT, science, and edu...

In a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...

The Palestinian ambassador to the UN, surrounded by his counterparts from Arab and Muslim countries, called on the United States on Thursda...

A confidential PwC review of IndusInd Bank's treasury operations revealed significant accounting irregularities. Manual entries were used t...

Tokenisation represents financial assets as digital tokens on programmable blockchains, simplifying ownership and settlement. India's finan...

Reports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...

With this, Decentro has become the first Indian payment aggregator to secure the approval. With the licence, Decentro has established an en...

Despite RBI's efforts to boost rupee usage in international trade, including Special Rupee Vostro Accounts, its adoption for invoicing and ...