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THE CHINA BANKING REGULATORY COMMISSION
RBI issues draft for future-ready rules related to foreign investmentsThe Reserve Bank of India has proposed new foreign investment rules. These simplified rules aim to enhance clarity and reduce complexity. I...- RBI clears Areion's Rs 936-crore Aviom acquisitionThe Reserve Bank of India has approved Areion Group's acquisition of Aviom India Housing Finance. This approval clears a significant regula...
- US, China to hold AI talks in SeptemberThe talks would be led on the U.S. side by Treasury Secretary Scott Bessent, four of the sources said. The identity of other participants o...
- Global Market: Indonesia appoints banks for inaugural yuan-denominated panda bond issueIndonesia plans its first yuan-denominated panda bond issuance in China. A consortium of banks will arrange this debut offering in China's ...
- Global Market: Ant International raises $1.2 billion to fuel global expansionAnt International has raised $1.2 billion in a fresh funding round backed by Ant Group and Alibaba to accelerate its global expansion acros...
- Karur Vysya Bank shares soar 11% after stellar Q1 results. What investors should knowKarur Vysya Bank shares rose sharply after the private lender posted a 45% year-on-year jump in Q1 net profit to Rs 756 crore. Strong growt...
- Don't put a toll on UPI: Why merchant discount rate isn't the answerA proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...
- Eleven Power commits to invest over Rs 4,700 crore for distribution networkEleven Power has proposed investing over ₹4,700 crore to build a renewable-led electricity distribution network in Gurugram and Nuh, after ...
- Global Market: China's securities regulator to meet market participants as state-backed investors step in to support stocksChina's securities regulator will meet market participants to discuss equity market stabilization. State-backed investors are also buying s...
- Axis Bank weighs raising stake in its insurance venture to 30%In June 2026, Axis Bank announced a further investment of up to ?381 crore in Axis Max Life Insurance, taking the combined shareholding of ...
- Shein's odyssey to listing crosses New York, London and likely finds home in Hong KongShein secured Hong Kong stock exchange approval for its long-awaited initial public offering. The company is expected to publicly file its ...
- Gujarat tops NITI's investment friendliness index; Maharashtra, Tamil Nadu followGujarat, Maharashtra, and Tamil Nadu lead NITI Aayog's investment friendliness index. The index assesses states on eight key parameters for...
- RBI imposes penalties on Muthoot Finance, 5 others for compliance violationsThe Reserve Bank of India has imposed penalties on six financial companies. Muthoot Finance received a Rs 5.80 lakh fine for risk managemen...
- Australia to tighten scrutiny of Big Four Deloitte, EY, PwC, KPMG after wave of scandalsAustralia will enhance its oversight of major accounting firms following recent governance issues. The government has directed the Australi...
- China's record consumer defaults undermine Beijing's push to boost spendingChinese banks are reluctant to increase lending as bad loans rise. The government wants borrowing to boost consumption and economic growth....
- Can America lag China in the AI race? A new threat is cropping upThe pause on data center construction in New York reveals a significant conflict between the accelerating demand for AI and the limitations...
- Insurance distribution boosts fee income at most public sector banks in FY26Public sector banks earned higher insurance commissions in FY26, with most lenders reporting growth. Mutual fund distribution income showed...
- Renewable developers get one-time exit for unused grid connectivityThe power sector regulator has introduced a new framework for renewable energy projects. Developers can now surrender, transfer, or retain ...
- India tells clean energy firms to lose grid connection or generate powerIndia's energy regulator has directed renewable firms to surrender transmission rights or provide higher bank guarantees. This move aims to...
- Irdai digs into life insurers' costs beyond commissionsIrdai now seeks operating expense data, excluding commissions, from life insurers. This move aims to revamp the industry's distribution fra...
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