India Inc hails Govt's policy initiatives after meeting with FM in Washington

India Inc hails Govt's policy initiatives after meeting with FM in Washington

Indian industry leaders have hailed the Government's efforts towards digitalisation. After meeting Finance Minister Nirmala Sitharaman in Washington on Saturday, representatives of several Indian companies said that many countries aim to...

Apple joins Goldman Sachs to launch high-yield savings accounts for users

 Apple joins Goldman Sachs to launch high-yield savings accounts for users

In a bid to offer more banking services to its users, Apple has partnered with Goldman Sachs to launch a new savings account feature for its Apple Card credit cardholders.  Apple Card users will be able to grow their rewards in Apple...

Finance Minister Sitharaman holds bilateral discussion with Saudi, Netherlands, S Korea, Japan Counterparts

Finance Minister Sitharaman holds bilateral discussion with Saudi, Netherlands, S Korea, Japan Counterparts

Union Finance Minister Nirmala Sitharaman on Wednesday held bilateral meetings with her counterparts from Japan, Saudi Arabia, the Netherlands, and South Korea as part of the Indian efforts to strengthen its economic ties with major countries of...

Purpose Of Sexual Harassment Training Laws Like Those In California

Purpose Of Sexual Harassment Training Laws Like Those In California

One of the primary methods for protecting an organization’s team from the business leaders to their staff is to provide the mandatory and then routine sexual harassment prevention training.  There are not laws in each state, but...

RBI revises rules on foreign currency exposure of banks

RBI revises rules on foreign currency exposure of banks

The Reserve Bank of India (RBI) on Tuesday revised guidelines on foreign currency exposure of banks, aimed at insulating them from forex market volatility. As per the changes initiated by the central bank, lenders will have to assess the...

Space economy of India to be reach $13 bn by 2025: Report

Space economy of India to be reach $13 bn by 2025: Report

India's space economy is likely to be worth nearly $13 billion by 2025, with the satellite launch services segment set to witness the fastest growth due to increasing private participation, according to a report released on Monday. The...

Large Indian lenders shun rupee mechanism in Russia trade: Sources

Large Indian lenders shun rupee mechanism in Russia trade: Sources

Large Indian lenders are reluctant to process direct rupee trade transactions with Russia months after the mechanism was put in place for fear of becoming the target of sanctions by the United States and Europe over the invasion of Ukraine,...

Warburg Pincus to acquire majority stake in India's Vistaar Finance

Warburg Pincus to acquire majority stake in India's Vistaar Finance

U.S. private equity firm Warburg Pincus will acquire a majority stake in India's Vistaar Finance, the small-business lender said on Monday, underscoring the rising investor interest in the Asian nation's booming lending market. Terms of...

Finance minister Sitharaman to attend IMF, World Bank annual meetings in US

Finance minister Sitharaman to attend IMF, World Bank annual meetings in US

Finance Minister Nirmala Sitharaman will leave for the United States on Tuesday to attend the annual meetings of the IMF and World Bank, which are likely to deliberate on the current global economic situation. She will also attend the meetings...

India's apex bank to pilot brings out digital version of Indian currency soon

India's apex bank to pilot brings out digital version of Indian currency soon

The apex bank of India -- Reserve Bank of India (RBI) -- said it will soon commence pilot launch of digital version of Indian currency Rupee for specific use cases. It has also released a concept note on Central Bank Digital Currency (CBDC)...

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