India

The RBI allows a single foreign institution to hold 15 per cent in a lender and has made some exceptions like that of CSB Bank, and, recently, Japan’s SMBC

Gross foreign direct investment (FDI) inflows remained strong, rising by around 14 per cent to USD 81 billion in 2024-25, from USD 71.3 billion a year ago. However, net FDI inflows moderated to USD 0.4 billion in 2024-25, from USD 10.1 billion a year ago.

India and Switzerland already have an automatic exchange of information framework in place for bank accounts and other financial assets held by Indians in Switzerland, and vice versa

Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul Choksi to recover dues totalling Rs 2.1 crore in a case of violation of insider trading rules in the shares of Gitanjali Gems

Shares of IndusInd Bank rose as much as 5.3 per cent on Friday, after the Reserve Bank of India (RBI) said the problems at the private sector lender are likely to settle soon

Ayodhya’s Ram Temple now features 45 kg of pure gold, mainly in the sanctum and throne of Lord Ram. Following the Ram Darbar consecration, entry will be restricted via free passes. Other temple complex structures are set to complete by 2025.

Top bankers hailed RBI's decision to reduce repo rate by 50 basis points to 5.50 per cent and CRR by 100 basis points in four tranches, saying the policy move is expected to provide the necessary drive for credit expansion in priority sectors which will enhance the financial inclusion

RBI decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy

Starlink is the third company to secure the licence from the Department of Telecom (DoT). DoT sources confirmed that Starlink has indeed received licence, and said they will be granted trial spectrum in 15-20 days of applying for it

Reserve Bank Governor Sanjay Malhotra on Friday said there is very little scope for rate cut in the current circumstances after the central bank reduced the policy rate by 50 basis points

The number of registered startups has reached 1.76 lakh in the last 11 years, with 118 unicorns, thus fueling youth entrepreneurship: Finance Minister Nirmala Sitharaman

OYO expects to double revenue from its company-serviced hotels by FY26, raising their contribution to 44%. With over 1,300 such hotels in India, OYO plans further expansion across cities as part of its profitability and customer experience focus.

RBI will directly benefit home loan borrowers, especially existing ones, by reducing their interest burden, experts said

Bihar's Special Task Force (STF) arrested four individuals, including a suspended police constable, in Samastipur district for conspiring to murder two men. Authorities seized weapons, ammunition, and documents linking the suspects to criminal activities. Further investigation is underway

The FY26 growth projections are compared with the 6.5 per cent economic growth recorded in the 2024-25 fiscal year. The Reserve Bank of India (RBI) has projected economic growth at 6.5 per cent for the June quarter and 6.7 per cent for the September quarter

The increase in the loan-to-value ratio for small loans means that if the gold pledged is worth Rs one lakh, borrowers can get up to Rs 85,000 as a loan, up from Rs 75,000

RBI Governor Sanjay Malhotra said the central bank is concerned about cryptocurrencies as it can hamper financial stability

Actor Harshvardhan Rane has outlined his next three months, combining cinema, academics, and personal passions. Taking to Instagram, the actor revealed that he is currently shooting the climax of Ek Deewane Ki Deewaniyat

While the rate cut is a strong positive for real estate, especially for affordable housing, much now depends on how well it can adapt to higher input costs and ongoing global uncertainties

RBI Governor Sanjay Malhotra announced a 50 bps repo rate cut to 5.5% amid falling inflation, now at 3.2%. The central bank also slashed CRR by 100 bps in phases, while shifting its policy stance from accommodative to neutral.

The Indian delegation led by Tharoor interacted with members of various think-tanks at the US Embassy on Thursday, which emphasised upon India's fight against terrorism and the multi-faceted India-US partnership, the Indian Embassy at the US posted on social media platform X.

Six pilgrims were rescued by locals and the fire brigade while one young woman lost her life in the incident.

Daily Horoscope: Your stars are bringing good tidings for you. Check out your astrological predictions for June 06, 2025. May the day bring you happiness

This drive is part of the Union government's declaration to eliminate Naxalism from India by March 2026