The report noted that the global economy is emerging from the post-tightening slowdown of 2025 and transitioning toward a more balanced growth phase. While inflation has moderated across regions, it remains sticky enough to keep central banks cautious.
Hyderabad (Telangana) [India], January 10: PayG, a leading homegrown payment gateway, is proud to announce that it has received approval from the Reserve Bank of India (RBI) to operate as an Offline and Cross-Border Payment Aggregator. With this approval, PayG has completed its full suite of
According to Assistant Superintendent of Police Ramendra Prasad, the cyber fraud gang involved in the case operated bank accounts in the names of other individuals, which they later transferred to others for cybercrime. A bank employee has also been arrested in connection with the matter.
Speaking to the media in Lucknow, Aparna Yadav said her visit to KGMU was not limited to the widely reported case involving Dr Rameez, but also concerned two other serious matters. "My concern wasn't solely about Dr Rameez. Two cases had already been brought to my attention. The case invo
The recommendations emerged during an interactive session on "Pre-Budget Expectations of the BFSI Sector - Policy Priorities for a Strong and Inclusive Financial Ecosystem", organised by PHDCCI's BFSI Committee at PHD House in New Delhi.
Mumbai (Maharashtra) [India], January 9: When fast charging has become a daily necessity, why should consumers still compromise on safety and reliability? As smartphones, tablets and multiple connected devices power productivity, connectivity and entertainment through the day, slow or incons
The Sensex was down 604.72 points or 0.72% at 83,576.24, while the Nifty was down 193.55 points or 0.75% at 25,683.30. Among the sector, PSU Banks, Oil & Gas, IT, PSE, and Metals remained strong footed, while weakness was seen in Realty, Private Banks, Financial Services, FMCG, and Consumer
Talking about the RBI's actions on banks and other regulated entities, the governor said the purpose of enforcement actions undertaken by the Reserve Bank is generally not punitive.
Asset under management (AUM) growth for non-banking financial companies (NBFCs) is expected to remain resilient in the third quarter of FY26, led primarily by strong performance in the auto finance segment, while affordable housing finance may see relatively weaker disbursement trends, highl
Loan growth remained robust across the system, with private banks reporting year-on-year growth of about 11% and state-owned banks posting over 12% growth. NBFCs also continued to see healthy expansion in assets under management, the report said.
Gold and defence contractors have emerged as key beneficiaries of the Venezuelan crisis, as the US military intervention fuels a broader rise in geopolitical tensions and investor demand for safe-haven and security-related assets, according to a report by DBS Bank.
Mumbai (Maharashtra) [India], January 9: Federal Bank unveiled The Fortuna Wave, its refreshed brand identity that reflects the Bank's evolution and desire to be contemporary and future-ready respectively. The launch took place in the presence of the Bank's Leadership and the Brand Ambassado