Central bankers around the world are enacting what could be the most dramatic tightening of monetary policy since the 1980s, risking recessions and upsetting financial markets as they try to deal with an unexpected spike in inflation. The week began with a surprise move on Wall ...

Despite a strong global campaign against Indian farmers and fishermen, India was able to secure a favourable outcome at the WTO after many years, commerce and industry minister Piyush Goyal told the media after the conclusion of the 12th ministerial conference — the WTO ...

Equitas Small Finance Bank has announced to launch an exclusive savings account for kids named as ‘ENJOI’. Aim: Introducing young kids to the financial world and encourage them to develop the saving habit early. It will allow kids of 0-18 years to open savings accounts under the ...

Adani Transmission Limited (ATL) has been tagged as 'green loan' by Sustainalytics for its USD 700 million revolving loan facility. ATL has also signed an energy compact goals as part of COP26 and the energy compact with the UN in November, 2021. This revolving facility ...

Trade data released by the Ministry of Commerce and Industry showed that India’s May trade deficit widened to $24.29 billion from $6.53 billion a year ago. May's trade deficit was pushed up by a surge in imports, which rose 62.83% year-on-year to $63.22 billion, while exports ...

Bharat FIH has received market regulator SEBI's approval for an Initial Public Offering (IPO) aggregating to ₹5,000 crores. Bharat FIH is a subsidiary of FIH Mobile a leading manufacturing services provider for the mobile handset industry, which is a part ...

FM Nirmala Sitharaman has launched EASE (Enhanced Access and Service Excellence) 5.0 'Common reforms agenda' for Public Sector Banks (PSBs) under EASENext program EASE has evolved over four annual editions from FY19 to FY22 and has catalyzed reforms in diverse areas in ...

Airtel Payments Bank has partnered with Muthoot Finance to offer gold loans through Airtel Thanks app. There will be no-processing charge on the loan. Muthoot Finance will provide up to 75% of the pledged gold value as a loan. The loan facility will be ...

According to the latest study which was conducted by digital payments firm PhonePe and Boston Consulting Group (BCG) states that India's digital payment market is expected to more than triple to $10 trillion by 2026. Presently, 40% of all transactions in India are ...

The Finance Ministry has approved hiking the premium rates of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY). The premium rates have been revised by making it ₹1.25 per day premium for both schemes. Revised premium ...