The Reserve Bank had set up a Working Group with Radha Shyam Ratho as the Chairperson.
The Working Group was mandated to undertake a comprehensive review of trading and settlement timings of financial markets regulated by the central bank.
Declining interest rates are not favourable for banks' net interest margins in the short term. According to a report by PhillipCapital, the net interest margins (NIM) of banks are going to moderate in FY25 and FY26, before rebounding in FY27.
New Delhi [India], June 25: India has secured an impressive 3rd place globally for Economic Opportunity in the 2025 World Citizenship Index (WCI), marking a significant milestone in its global economic reputation.
Silver prices are expected to go up, due to a combination of factors including rising demand and declining supply, a recent report by ICICI ETF indicated.
Taiwanese electronics giant Hon Hai Precision Industry Co., also known globally as Foxconn, has received government approval to invest over USD 2.2 billion in India and the United States, reports Focus Taiwan.
Indian pharmaceutical and biotech sectors have started witnessing tangible benefits from the global shift away from China, as early signs of the China+1 strategy materialising emerge, according to a recent Goldman Sachs report.
US President Donald Trump on Tuesday (local time) reiterated US Secretary of Defence Pete Hegseth's remark on the US "obliterated Iran's ability to create nuclear weapons," as reports on preliminary assessments from US intelligence indicate that Washington's military strikes on Tehran's n
Hugh Jackman and estranged wife Deborra-Lee Furness finalised their divorce one month after she filed to formally end their decades-long marriage, reported E! News.
Rep. Buddy Carter has nominated US President Donald Trump for the Nobel Peace Prize, crediting him with brokering a ceasefire between Israel and Iran and preventing nuclear escalation. Trump shared the news on Truth Social, and Fox News reports this is not his first nomination for the presti
As a ceasefire between Israel and Iran took hold on Tuesday, Israeli officials reported 28 deaths and over 3,000 injuries from 12 days of Iranian missile attacks.
Speaking to reporters after the inspection, Chief Minister Yogi said, "Purvanchal Expressway and Maharshi Vishwamitra Medical College have become the identity of this district. Today, I have inspected an under-construction nursing college. Projects worth Rs 1,100 crores are either approved o