India and Saudi Arabia Sign MoU to Strengthen Water Resource Management and Irrigation Cooperation
India and Saudi Arabia have taken another important step towards strengthening their strategic partnership by signing a Memorandum of Understanding…
HDFC Bank Appoints Former CEC Rajiv Kumar as Part-Time Chairman for Three Years
India’s largest private sector lender, HDFC Bank, has announced a major leadership change by appointing former Chief Election Commissioner (CEC)…
MIB Forms High-Level Study Group to Boost Indian Film Industry, Cinema Infrastructure and Global Competitiveness
India’s film industry is set to receive a major policy boost as the Ministry of Information and Broadcasting (MIB) has…
Tata Motors Partners with UCO Bank for Dealer Inventory Financing
Tata Motors Passenger Vehicles Ltd. (TMPV) and Tata Passenger Electric Mobility Ltd. (TPEM) have entered into a partnership with UCO…
Dvara KGFS Digital Services Appoints Ramkumar Ratnam as CEO
Dvara KGFS Digital Services, a subsidiary of Dvara Kshetriya Gramin Financial Services (Dvara KGFS), has appointed Ramkumar Ratnam as its…
RBI Introduces Total Return Swaps to Deepen Corporate Bond Market
The Reserve Bank of India (RBI) has introduced Total Return Swaps (TRS) and expanded participation in the credit derivatives market…
Goldman Sachs Raises India GDP Forecast to 6.8% for 2026
Global investment bank Goldman Sachs has upgraded India’s economic growth outlook for 2026, citing lower crude oil prices following the…
RBI Proposes Wider Money Market Access for NBFCs and Companies
The Reserve Bank of India (RBI) has proposed significant reforms to India’s money markets by allowing non-banking financial companies (NBFCs),…
Reliance, HDFC Bank and Airtel Dominate India Inc as Top 10 Firms Control ₹86 Lakh Crore Wealth
India’s top corporate giants continue to dominate the country’s wealth creation landscape, with the ten most valuable companies accounting for…
BHIM App Transactions Triple to 244 Million in May 2026
The BHIM Payments App has recorded impressive growth in digital transactions, with monthly transaction volumes more than tripling within a…
RBIH Developing Digital Payments Intelligence Platform to Strengthen Fraud Detection
The Reserve Bank Innovation Hub (RBIH) is developing a Digital Payments Intelligence Platform (DPIP) aimed at strengthening fraud detection and…
World Bank Approves ₹4,000 Crore for Jal Sanrakshit Haryana Project
In a major boost to water conservation and sustainable agriculture, the World Bank has approved a loan of ₹4,000 crore…
Government Revises FCRA Rules, Increases Penalties for Foreign-Funded NGOs
The Ministry of Home Affairs has introduced major changes to the Foreign Contribution (Regulation) Act (FCRA) rules, significantly increasing penalties…
PFC Raises $300 Million in Dollar Bonds, Becomes First NBFC to Use RBI’s Special Facility
Power Finance Corporation (PFC) has raised $300 million through a five-year dollar bond issue, becoming the first non-bank financial institution…
Kunal Shah Named WhatsApp Chief as Meta Invests $900 Million in CRED
The global technology industry, Meta has appointed CRED founder Kunal Shah as the new global head of WhatsApp. Alongside this…
NHAI Signs MoU with NCAER to Establish Transport Economics Research Centre
The National Highways Authority of India (NHAI) has signed a Memorandum of Understanding (MoU) with the National Council of Applied…
World Bank Approves $1.5 Billion for India: 11 Million New Jobs to Be Created
In a major boost to India’s economic growth and employment generation efforts, the World Bank has approved a financing package…
ADB and Schoolnet India will expand digital learning infrastructure across 30,000 government schools.
The Asian Development Bank has partnered with Schoolnet India Limited to improve learning outcomes in India through a $10 million…
SBI Mutual Fund IPO Gets Sebi Approval, ₹13,000 Crore Issue Likely Next Month
India’s largest asset management company, SBI Funds Management Ltd, has received approval from the market regulator for its proposed initial…
World Bank Approves $1.5 Billion for India! Big Push for Jobs, Reforms and Private Investment
The World Bank has approved a $1.5 billion financing package to support India’s structural reforms and promote private sector-led job…
IRDAI Proposes Allowing Insurers to Invest Up to 5% of Surplus Funds in Private Companies
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed significant changes to insurance investment regulations, allowing insurers to…
IRDAI Forms AI Working Group to Guide Insurers on AI Governance and Risk Management
The Insurance Regulatory and Development Authority of India (IRDAI) has constituted a dedicated working group on Artificial Intelligence (AI) to…
RBI Revamps Lead Bank Scheme, Strengthens District Credit Planning Framework
The Reserve Bank of India (RBI) has issued revised guidelines for the Lead Bank Scheme (LBS), introducing significant changes to…
RBI Defers Revised KCC Directions to January 2027, Existing Rules to Continue
The Reserve Bank of India (RBI) has postponed the implementation of revised Kisan Credit Card (KCC) guidelines by six months,…
UAE Sets Minimum Social Media Age at 15, Mandates Strict Age Verification Checks
In a landmark move aimed at strengthening online child protection, the United Arab Emirates (UAE) has announced a minimum age…
France to Get Its First Traditional Hindu Temple Built with Indian Stones in September
France is set to witness a historic cultural milestone with the inauguration of its first traditional Hindu temple, built using…
Centre Approves ₹22 Crore Aid for Startups Under National Green Hydrogen Mission
The Central Government has approved ₹22 crore in financial assistance for nine startups under the National Green Hydrogen Mission (NGHM).…
Sarvam Becomes India’s 130th Unicorn After Raising $234 Million in Series B Funding
India’s artificial intelligence ecosystem has achieved another major milestone as Bengaluru-based AI startup Sarvam entered the unicorn club after raising…
IITM and ARIES Sign MoU to Establish Bharat Climate Observation Network Station in Himalayan Region
In a significant step towards strengthening India’s climate monitoring and climate research infrastructure, the Indian Institute of Tropical Meteorology (IITM),…
Government Approves 8.25% EPF Interest Rate for 2025-26; Interest Credit Likely This Month
In a major relief for millions of salaried employees across India, the Government of India has approved an 8.25 percent…