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India To Remain Fastest Growing Major Economy With 6.5% Growth In FY26: IMF
Multilateral financing agency International Monetary Fund (IMF) has said that India will retain its position as the fastest-growing major economy by clocking a GDP growth of 6.5 per cent in 2025-26.
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Explained: What Will Happen If US Withdraws From World Bank, IMF
An alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of US Treasury Secretary Scott Bessent at G20 meetings adding to the anxiety.
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How To Open A PPF Account In State Bank of India?
PPF Account in SBI: The Public Provident Fund (PPF) is a popular long-term investment scheme offering attractive interest rates and tax-free returns.
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AI Set To Replace Humans In 4,000 Roles In Southeast Asia's Largest Bank
The International Monetary Fund (IMF) has warned that AI is likely to affect nearly 40% of all jobs worldwide.
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Markets Continue Red Streak, Sensex Falls 386 Points In Early Trade
Benchmark indices Sensex and Nifty began the trade on a weak note on Wednesday, but later bounced back, driven by buying in blue-chip bank stocks and fresh foreign fund inflows.
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RBI Imposes Restrictions On New India Co-operative Bank, Customers Unable to Withdraw Funds
The Reserve Bank of India has taken this step to protect the interests of the customers, citing concerns about the bank's financial condition.
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Explained: What Does USAID Do And Fund
In 2023, 70 of the 77 countries the World Bank determined to be low- and lower-middle income countries received USAID assistance.
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MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
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X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
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Lalu Yadav Party MLA, Others Raided In Co-op Bank 'Fraud' Case: Report
The Enforcement Directorate Friday conducted searches in multiple states, including in Bihar on premises linked to an RJD MLA, as part of a laundering investigation linked to an alleged funds embezzlement at a cooperative bank, official sources said.
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New Details Of 'Money Trail' Emerge In Baba Siddique Murder Case
Funds were transferred to a bank account in Gujarat on the direction of the Lawrence Bishnoi gang and missing accused Shubham Lonkar in the Baba Siddique murder case.
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Japanese Bank Employees Vow In Blood Against Embezzlement
A bank in Japan has implemented an extraordinary policy where employees have signed a pledge in blood, promising to take their lives if found guilty of embezzling funds
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Biden Pledges "Historic" $4 Billion To World Bank Fund For Poor Nations
US President Joe Biden announced a "historic" $4 billion pledge for a World Bank fund that helps the world's poorest countries, the White House said Monday, before Donald Trump takes office with a new cost-cutting agenda.
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FIU-Nepal Flags Rise in Crypto-Based Money Laundering; Plans to Increase Tracking, Awareness
FIU-Nepal has said that the laundering of illicit funding through cryptocurrencies has spiked in the country. In its report, the Nepal Rastra Bank noted conversion of proceeds of fraud to cryptocurrency or for online betting purpose has also been frequently observed.
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
India To Remain Fastest Growing Major Economy With 6.5% Growth In FY26: IMF
Multilateral financing agency International Monetary Fund (IMF) has said that India will retain its position as the fastest-growing major economy by clocking a GDP growth of 6.5 per cent in 2025-26.
-
Explained: What Will Happen If US Withdraws From World Bank, IMF
An alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of US Treasury Secretary Scott Bessent at G20 meetings adding to the anxiety.
-
How To Open A PPF Account In State Bank of India?
PPF Account in SBI: The Public Provident Fund (PPF) is a popular long-term investment scheme offering attractive interest rates and tax-free returns.
-
AI Set To Replace Humans In 4,000 Roles In Southeast Asia's Largest Bank
The International Monetary Fund (IMF) has warned that AI is likely to affect nearly 40% of all jobs worldwide.
-
Markets Continue Red Streak, Sensex Falls 386 Points In Early Trade
Benchmark indices Sensex and Nifty began the trade on a weak note on Wednesday, but later bounced back, driven by buying in blue-chip bank stocks and fresh foreign fund inflows.
-
RBI Imposes Restrictions On New India Co-operative Bank, Customers Unable to Withdraw Funds
The Reserve Bank of India has taken this step to protect the interests of the customers, citing concerns about the bank's financial condition.
-
Explained: What Does USAID Do And Fund
In 2023, 70 of the 77 countries the World Bank determined to be low- and lower-middle income countries received USAID assistance.
-
MobiKwik, CRED Launch CBDC eRupee in Partnership with RBI and Yes Bank
MobiKwik is the first digital wallet to go live with a full-scale production version of the e-rupee wallet, the new CBDC product is available to all its Android users. Yes Bank's role as the first sponsor bank to enable CBDC issuance for a third party application provider (TPAP) like CRED exemplifies its commitment to supporting the future of digit...
-
X Money Digital Payments Service Unveiled; Platform Partners Visa to Introduce P2P Payments
X Money was introduced by Elon Musk's X platform on Wednesday as a new digital wallet and payments service. The new X Money service will allow users to send and receive P2P payments, transferring funds from their bank to a digital wallet and then to another wallet, or directly using their debit card. Partnering with Visa, X Money aims to compete wi...
-
Lalu Yadav Party MLA, Others Raided In Co-op Bank 'Fraud' Case: Report
The Enforcement Directorate Friday conducted searches in multiple states, including in Bihar on premises linked to an RJD MLA, as part of a laundering investigation linked to an alleged funds embezzlement at a cooperative bank, official sources said.
-
New Details Of 'Money Trail' Emerge In Baba Siddique Murder Case
Funds were transferred to a bank account in Gujarat on the direction of the Lawrence Bishnoi gang and missing accused Shubham Lonkar in the Baba Siddique murder case.
-
Japanese Bank Employees Vow In Blood Against Embezzlement
A bank in Japan has implemented an extraordinary policy where employees have signed a pledge in blood, promising to take their lives if found guilty of embezzling funds
-
Biden Pledges "Historic" $4 Billion To World Bank Fund For Poor Nations
US President Joe Biden announced a "historic" $4 billion pledge for a World Bank fund that helps the world's poorest countries, the White House said Monday, before Donald Trump takes office with a new cost-cutting agenda.
-
FIU-Nepal Flags Rise in Crypto-Based Money Laundering; Plans to Increase Tracking, Awareness
FIU-Nepal has said that the laundering of illicit funding through cryptocurrencies has spiked in the country. In its report, the Nepal Rastra Bank noted conversion of proceeds of fraud to cryptocurrency or for online betting purpose has also been frequently observed.
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
