Latest Updates Around The World
Fino Payments Bank’s net income rose 26 per cent to ₹118 crore The Reserve Bank (RBI) today granted ‘in-principle’ approval to Fino Payments Bank for conversion into a Small Finance Bank (SFB). business line was the first to report in August that the regulator is likely to approve Fino’s request for SFB conversion. The RBI […]
ICICI Lombard General Insurance and Vastu Housing Finance on Friday announced a partnership to offer insurance products to Vastu’s home loan customers across 17 states and 340 districts in India. The partnership will give Vastu’s customer base access to two key insurance products: Income Protect, which provides cover for 33 critical illnesses, along with accidental […]
**EDS: THIRD-PARTY IMAGE** In this screenshot from a video posted on December 5, 2025, Reserve Bank of India (RBI) Governor Sanjay Malhotra speaks as he announces the fifth bi-monthly monetary policy for the current fiscal in Mumbai. (@reservebankofindia593/X via PTI photo) (PTI12_05_2025_000036B) | Photo credits:- After slashing the repo rate by 125 basis points (bps) […]
Sanjay Malhotra, Governor of the Reserve Bank of India (RBI) | Photo credit: PTI The RBI’s interest rate panel on Friday voted unanimously to cut the policy repo rate by 25 basis points as favorable inflation prospects opened up policy space to support growth, which is expected to moderate somewhat after growing at 8 per […]
Vrutti, part of the Catalyst Platform, has launched FPO Shakti, a blended, phase-based financing facility aimed at helping farmer producer organizations (FPOs) access timely and appropriate capital. Backed by HSBC India and managed by Friends of Women’s World Banking (FWWB) India, the initiative seeks to bridge the long-standing credit gap that prevents most FPOs from […]
The holidays are a wonderful time of year, but you should still end the year strong. If you’re not careful, you could miss opportunities to save taxes or avoid penalties. You’ll want to highlight a few important things so you can rest easy knowing you made the most of the year. Required Minimum Distributions We […]
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi shake hands as they attend a joint statement presentation after their delegation-level talks at Hyderabad House in New Delhi, India, December 5, 2025 | Photo credit: ADNAN ABIDI New Delhi Russian President Vladimir Putin has said that as the economies of both countries progress, new […]
UN pensions are generally considered strong and reliable, providing staff with a predictable lifetime income, survivor benefits and disability cover. They are fully funded, professionally managed and supported by contributions from both staff and the UN. This article covers: What is considered a good old age pension? What are the benefits of a UN pension? […]
Russian lenders Gazprombank and Alfa Bank have sought permission to operate in India, four people familiar with the matter said, as Moscow pushes to grow trade with its biggest oil customer by sea. US President Donald Trump has put pressure on New Delhi over ties with Moscow as India and Russia aim for bilateral trade […]
A $5 billion USD/INR Buy/Sell Swap auction with a three-year term will also be held on December 16, 2025. In view of the evolving liquidity conditions and outlook, the Reserve Bank has decided to conduct OMO (open market operation) purchases of government bonds of ₹1 lakh crore and a three-year USD/INR Buy Sell swap of […]
