Finance
India flags UN's unpaid assessments, says over 90% of regular budget dues owed by one country
Adhana delivered India’s national statement at the 81st Main Session of the Fifth Committee of the UN General Assembly on ‘Improving the financial situation of the United Nations’.
BUSINESS
IMF chief urges wealthy nations to rein in debt, cut deficits
Rising debt levels and global inflation, partly driven by high energy costs from the Iran war, have pushed interest rates to multi-decade highs, adding to the burdens on the world's poorest nations.
6 Mins Read
BUSINESS
Bank of America faces $1.2 billion penalty over financial crime compliance failures
The penalty includes $750 million payable to the Office of the Comptroller of the Currency, the largest fine imposed by the federal bank regulator.
4 Mins Read-
BUSINESS
India releases draft National Steel Policy 2047, targets 604 MT capacity
The policy seeks to reduce import dependence through domestic mining, washery expansion, asset acquisition, long-term supply arrangements, and AI-based optimisation of coal blends.
5 Mins Read
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BUSINESS
SEBI revises new settlement rules, fast-track routes for cases up to Rs 10 lakh
Under the new framework, settlement terms will comprise the settlement amount, disgorgement of wrongful gains, wherever applicable, and remedial and regulatory terms(RRT).
4 Mins Read
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BUSINESS
GST Council scraps arrest powers, raises prosecution threshold to Rs 5 crore
The reforms include faster refunds, lower penalties, faceless tax assessment and easier GST registration for small e-commerce sellers.
5 Mins Read
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BUSINESS
How will RBI’s new repo rate of 5.5% impact common people? Explained
Financial expert Nikhil Gopalakrishnan, CEO of Pentad Securities, explains how the changed repo rates affect the common people of this country.
1 Min Read
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BUSINESS
SEBI mandates colour-coded Credit Risk-o-Meter for debt securities
Under the framework, the Credit Risk-o-Meter will be mandatory in offer documents, abridged prospectuses, private placement memorandums, advertisements and OBPPSs
3 Mins Read
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BUSINESS
Piyush Goyal meets global business leaders during G20 meet; explores investment opportunities
Goyal emphasised that India’s resilient macroeconomic fundamentals and deepening capital markets offer remarkable opportunities for global investors.
3 Mins Read
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BUSINESS
Windfall tax cut on diesel, ATF exports from today
The special additional excise duty (SAED), along with the road and infrastructure cess on diesel exports, will now be Rs 16 per litre, down from Rs 20 per litre.
2 Mins Read
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BUSINESS
India office leasing rises 7%, Bengaluru leads demand
Bengaluru and Hyderabad remained the preferred markets for technology companies, together accounting for more than 55 per cent of conventional office demand from the sector.
4 Mins Read
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BUSINESS
Government sets 0.4% fee on UPI merchant payments above Rs 2,000
The fee applies to payments made to merchants, with person-to-person transactions remaining outside its ambit.
3 Mins Read
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BUSINESS
RBI may raise interest rates in October, says report
According to the report, recent changes in the domestic and global economic environment have increased the likelihood of the RBI raising interest rates at its October MPC meeting.
4 Mins Read
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BUSINESS
BRICS focuses on local-currency payments, stops short of dollar shift
BRICS finance officials back local-currency settlements and payment links, but the bloc makes no formal push for a common currency or replacing the dollar.
8 Mins Read
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BUSINESS
France repatriates final gold reserves from US, gains €12 billion
The Bank of France completed the transfer of the final 129 tons of gold between July 2025 and January 2026.
3 Mins Read
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BUSINESS
Gold prices fall Rs 431 per 10 grams in futures trade
Traders said the decline was largely due to profit-taking after recent gains, while investors remained cautious ahead of the US Nonfarm Payrolls report.
2 Mins Read




