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WORLD BANK RECOVERY PROGRAMME
RBI tightens rules on recovery of excess pension paymentsGovernment pensioners will now have stronger protection against unexpected deductions from their accounts. The Reserve Bank of India has ma...- Best Proverb of the Day: “A good laugh and a long sleep are the two best cures in the doctor's book” — A timeless reminder that laughter, restful sleep, and emotional balance are essential for physical well-being, mental strength, and lasting happiness in today’s fast-paced life.Best Proverb of the Day: An ancient proverb about a good laugh and a good sleep carries timeless wisdom for modern living. Highlighting hum...
- Flying Wedge unveils AI-piloted fighter jet concept 'FWD Supreme'; first demonstrator flight targeted for Q3 2026India's Flying Wedge Defence & Aerospace has unveiled FWD Supreme, an AI-piloted fighter jet concept. The company aims to redefine air comb...
- RBI likely selling dollars, conducting FX swaps via state banks, traders sayIndia's central bank likely sold dollars and ran buy-sell swaps on Wednesday, three traders said, aiding the rupee's recovery from the s...
- London court orders Nirav Modi to pay Bank of India Rs 100 croreA London High Court has ordered fugitive diamantaire Nirav Modi to pay Bank of India over $10.7 million (approximately Rs 100 crore). The j...
- Can a bank seize your vehicle after EMI default? What borrowers need to knowFacing vehicle repossession in India? Understand your rights: lenders can't seize your vehicle after just one or two missed EMIs without du...
- NARCL to expand beyond government guarantee modelIndia's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...
- Hero MotoSports marks 10 years, launches India's next Dakar Hero ProgrammeHero MotoSports celebrated a decade of global rally raid success in Jaipur, unveiling a new initiative to discover and train India's future...
- World Bank approves USD 1.5 bn loan to support India's reforms, job creationIndia's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion ...
- MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...
- FIFA World Cup 2026: Brazil President Lula jokes about Neymar's absence, calls him 'work from home player'Brazilian President Lula playfully dubbed Neymar a 'work-from-home' player due to his World Cup absence. Neymar is recovering from a calf i...
- Vice President CP Radhakrishnan to participate in International Yoga Day in LadakhVice President CP Radhakrishnan arrived in Leh for a three-day visit to Ladakh, coinciding with International Yoga Day celebrations. He wil...
- SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
- PLI, duty incentives soon for Lithium, Nickel processing units in IndiaThe proposed scheme, which is close to securing approvals, will offer production-linked incentives and waive import duties on capital goods...
- NARCL makes fifth exit with Rs 575 crore recoveryAgson Global, a manufacturer of aroma ingredients, was admitted to insolvency proceedings by the National Company Law Tribunal following a ...
- Bank provisioning at 3-year low on better recoveries, asset qualityBanks' loan loss provisioning hit a 12-quarter low in March 2026, driven by private sector banks amid improving asset quality and recoverie...
- Banks asked to track movable assets to aid loan recoveriesThe government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...
- Ukraine aims to align banks, insurers with EU rules by 2028, central banker saysUkraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...
- Afforestation, dolphin revival show life returning to Ganga under Namami Gange: NMCGThe Namami Gange program has brought ecological revival to the Ganga river. Large-scale afforestation efforts have led to forest cover alon...
- India known as nation with world's largest healthcare programme: PM ModiPrime Minister Narendra Modi said India has made healthcare more affordable and accessible over the past 12 years through initiatives such ...
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