The Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...

Power Finance Corporation (PFC) and REC's boards have approved a merger, creating India's largest power financing institution with a Rs 11 ...

Invesco Mutual Fund has launched Summit SIF, an equity long-short fund offering both long and limited short exposure via derivatives. The N...

Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yie...

Overseas banks are finding a clever way to tap India's dollar demand without exceeding exposure limits. They're asking Indian banks to issu...

Diversification is key to successful investing, and Multi-Asset Allocation Funds offer a balanced approach. These funds invest in at least ...

Hindustan Copper Ltd has appointed Anupam Misra as its new Chairman & Managing Director, taking over from Sanjiv Kumar Singh. Misra, an IIT...

India's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...

India's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...

India's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillov...

US stock markets are facing a new hurdle as borrowing costs for financing equity positions surge. Record demand for leveraged investments a...

NRIs view India with cautious optimism, recognizing its long-term growth potential despite recent market flatness and rupee depreciation. D...

India Infrastructure Finance Company is set to secure a substantial $1 billion foreign-currency loan, potentially its largest to date, and ...

PFC and REC boards approved their merger scheme with a share-swap ratio of 88 PFC shares for every 100 REC shares. The merger aims to creat...

The Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and small businesses. A new platform allo...

A stress test by Crisil Ratings covering 34 sectors that account for 65% of its rated corporate debt suggests that India Inc remains broadl...

The Reserve Bank of India has updated foreign exchange exposure rules for banks. These changes simplify calculations by merging onshore and...