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Fed is likely to keep rates unchanged but commentary will be crucial for m
Updated : 9 months ago IST
As the US Federal Reserve gears up for its latest policy announcements, economists and market experts believe that the central bank is likely to keep interest rates unchanged, while keeping the door open for future rate cuts later this year.
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KredX's TReDS Platform - DTX and SBI Forge Partnership to Boost Digital Su
Updated : 9 months ago IST
Bengaluru (Karnataka) [India], June 18: KredX, India's leading integrated cash flow and supply chain finance platform, has announced a strategic partnership with the State Bank of India (SBI). This collaboration aims to expand access to digital trade receivable discounting through its RBI-li
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Global slowdown could last several years, its average impact may be more t
Updated : 9 months ago IST
India has maintained a good growth rate despite difficult and unfavourable political and economic conditions noted Chief Economic Adviser V Anantha Nageswaran on Wednesday.
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Surge in crude prices poses risk to India's current account deficit as eve
Updated : 9 months ago IST
Amid rising global crude prices, India's current account deficit (CAD) for FY25 faces an upward risk, as every USD 10 per barrel increase in oil prices can worsen the annual CAD by nearly USD 15 billion, according to a report by Union Bank of India (UBI).
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Fintech Pioneer Amartha Secures $55M from European Development Finance Ins
Updated : 9 months ago IST
Jakarta [Indonesia], June 18: Indonesian fintech pioneer Amartha, a digital financial technology provider which serves Indonesia's rural grassroots entrepreneurs, has secured USD $55 million in funding from three European development finance institutions: Swedfund (Sweden), Finnfund (Finland
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Indian Rupee likely to trade between 85.25-86.25/USD in near term: Bank of
Updated : 9 months ago IST
The Indian rupee is expected to trade in the range of 85.25 to 86.25 against the US dollar in the near term, according to a report by Bank of Baroda.
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Government calls high-level meeting to review financial inclusion progress
Updated : 9 months ago IST
The Department of Financial Services under the Ministry of Finance has convened a crucial meeting with top banking executives to review the progress of the government's flagship financial inclusion schemes, sources said.
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RBI announces reissue of Govt securities worth Rs 27000 crore in two tranc
Updated : 9 months ago IST
The Centre has announced the sale (re-issue) of government securities totalling Rs 27,000 crore
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Jupiter Bets on RuPay Credit Card, Partners with CSB
Updated : 9 months ago IST
Mumbai (Maharashtra) [India], June 17: Jupiter, one of India's leading money apps, has launched their most rewarding RuPay Credit Card in partnership with CSB Bank.
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ENBEE Trade and Finance to consider the declaration of upto 50% Interim Di
Updated : 9 months, 1 week ago IST
Mumbai (Maharashtra) [India], June 17: ENBEE Trade and Finance Limited (BSE: 512441), a non-banking financial company is considering the declaration of upto 50% Interim Dividend for the Financial Year 2025- 26. Meeting of the Board of Directors of the company is scheduled on 20th June 2025 f
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Central banks will continue to increase gold reserves amid geopolitical, e
Updated : 9 months, 1 week ago IST
Gold continues to be used as a safe-haven asset to help mitigate risks as ongoing economic and geopolitical uncertainty continues to weigh on reserve managers.
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NBFCs shifting funding strategy, tapping public deposits and bond markets
Updated : 9 months, 1 week ago IST
India's Non-Banking Financial Companies (NBFCs) are moving away from traditional way of bank borrowings and increasingly turning to public deposits and domestic bond markets for substantial capital raising, according to a recent report by Deven Chokesey Research.
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