Nirmala Sitharaman clarifies that India's rising gold reserves aim for portfolio diversification, not to replace the US ...

The Reserve Bank of India (RBI) made a significant move in its February 2025 monetary policy committee (MPC) meeting by cutting the repo rate by 25bps (basis points) to 6.25%, marking the first rate ...

Foreign Direct Investment in the insurance sector became a reality. With this, almost every sphere of financial services is ...

Maintaining the policy continuity, the Modi 3.0 government has promised to further simplify and reform the policies and ...

But first the deal must be approved by the Foreign Investment Review Board and ultimately the treasurer, who can take anything from 30 days to seven months to reach a decision. Senator McKenzie ...

Secretary of State Marco Rubio on Tuesday approved a new waiver for lifesaving ... over which programs in the roughly $60 billion foreign aid budget would be exempt from the Trump administration ...

Cred has introduced the e-Rupee wallet in partnership with Yes Bank, under the RBI's CBDC initiative. This wallet enables UPI-linked transactions and imposes daily and per-transfer limits.

Nakul Jain has stepped down as Managing Director and Chief Executive Officer of Paytm Payments Services Ltd (PPSL), as the fintech company continues to await approval from the Reserve Bank of India ...

Nakul Jain, the CEO and MD of Paytm Payments Services Limited, has resigned to pursue an entrepreneurial venture. Paytm is actively searching for his ...

On January 23, 2025, RMBS Development Company Limited (RDCL) received the Certificate of Registration (CoR) from the Reserve Bank of India (RBI ... Its operations will focus on creating investment ...

Jain's exit comes as Paytm awaits clearance from the Reserve Bank of India on its resubmitted application for a Payment Aggregator license.