India's Current Account Deficit to Reach 1.7% of GDP in FY26
Union Bank report warns India's current account deficit may rise to 1.7% of GDP in FY26 due to persistent trade pressures. Learn how this impacts economic stability.
Union Bank report warns India's current account deficit may rise to 1.7% of GDP in FY26 due to persistent trade pressures. Learn how this impacts economic stability.
Karnataka government instructs banks to consider factors beyond CIBIL scores for loan approvals. Learn how this decision impacts borrowers and banking practices.
Former Merrill Lynch banker Samy Fadi Khouadja faces charges for allegedly running a global insider trading network from his Paris restaurant. The ring made tens of millions from illegal tips.
Brazilian authorities shut down Banco Master following $2 billion fraud investigation. Assets seized, executives arrested. Read full details about the banking crisis.
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RecommendedBrazil's Banco Master faces liquidation after CEO Daniel Vorcaro's arrest at Sao Paulo airport. The collapse could cost deposit insurance system 55 billion reais, impacting major Brazilian banks.
Twenty major global banks have joined ICC's sustainable trade finance principles, committing to environmental standards and climate-aligned practices. Discover how this shapes global trade.
Explore how the GENIUS Act and the rise of tokenised assets are revolutionising global finance, from Wall Street to cross-border payments. Discover the opportunities and risks.
India's bullion association urges market regulator Sebi to oversee digital gold platforms, aiming to restore investor confidence and ensure industry transparency. Learn about the proposal.
Supreme Court issues notice for court-monitored investigation into alleged massive bank fraud by Anil Ambani companies dating back to 2007-2008. Read the latest developments.
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RecommendedState Bank of India becomes first PSU bank to hit ₹9 trillion market capitalization. Stock trades flat after reaching lifetime high of ₹976.80. Analysts divided on near-term prospects.
IBPS has released RRB Prelims admit card 2025 for CRP RRB XIII. Download your hall ticket from ibps.in using registration details. Exam scheduled for November 2025.
Indian rupee defies global risk-off sentiment, expected to open flat. RBI intervention and high trade deficit shape currency movement. Read analysis of rupee stability.
Supreme Court permits reconsideration of AGR dues for Vodafone, potentially waiving interest and penalties that constituted 75% of Rs 93,000 crore demand. Relief for telecom sector.
India's NBFCs including Bajaj Finance and IIFL Finance are scaling back MSME loans as bad debts rise. Learn why lenders are shifting to secured lending and tighter underwriting standards.
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RecommendedMore than 300 aspiring Chartered Accountants gained career insights at Jalandhar conference featuring industry experts. Discover how students are preparing for success in finance.
HoldCo Asset Management demands Comerica reveal details of Fifth Third Bancorp acquisition, calling the $10.9 billion deal process flawed ahead of January shareholder vote.
Federal Reserve Governor Lisa Cook's legal team rebuts mortgage fraud claims by Trump administration. Supreme Court to hear case January 21. Read the full details.
Goldman Sachs and Deutsche Bank forced to absorb $500M after failed loan syndication for Allwyn's PrizePicks acquisition. Discover how credit markets turned cautious.
Foreign portfolio investment in Indian corporate bonds reaches $1.5 billion in Q1 2024. Explore key trends, regulatory changes, and future outlook for investors.
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RecommendedSupreme Court agrees to hear PIL seeking court-monitored investigation into alleged fraud by Anil Ambani-led ADAG group. Read the latest developments.
Power Grid Corporation announces ₹3,800 crore bond issuance through private placement. The Maharatna CPSU plans to list bonds on BSE and NSE with 10-year redemption. Discover the financial implications.
A PIL demands a Supreme Court-monitored probe into alleged ₹31,580 crore banking fraud by Reliance Communications, Anil Ambani. Read the full details of the case and forensic audit findings.
Supreme Court deliberates whether telecom spectrum can be sold during bankruptcy. Government ministries divided as ₹40,000 crore remains stuck in Aircel, RCom cases. Read the full analysis.
Kotak Bank launches 3-in-1 account with secured credit card for those without credit history. Get lifetime free card, cashbacks & build credit score. Perfect for students & homemakers.
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RecommendedSupreme Court postpones Sahara's plea to sell 88 assets, including Aamby Valley, to Adani Properties for investor refunds. Centre gets 6 weeks to respond amid undisclosed asset claims.
Nomura Holdings investigates potential profit inflation in its India rates division. The probe focuses on Strips bond valuation amid a six-fold surge in trading volumes. Discover the implications.
India's cryptocurrency sector faces existential threat as regulatory uncertainty pushes exchanges overseas, crashes trading volumes by 97%, and leaves 120M investors vulnerable. Read the full analysis.
Discover how AU Small Finance Bank's savings account adapts to your financial journey from first paycheck to retirement. Secure your future with tailored banking solutions.
Discover how AU Small Finance Bank's savings account supports your financial journey from first paycheck to retirement. Learn about features, benefits, and lifelong banking solutions.
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RecommendedInvestigative report reveals how cryptocurrency is revolutionizing traditional hawala networks, enabling anonymous cross-border transactions worth thousands of crores. Learn how regulators are fighting back.