Economy and Finance

A 52-page draft note of the RBI, accessed by Reuters, prescribes a methodology for predicting and analysing the impact of extreme climate events and transition risks on the borrowers' ability to repay loans.

As trade negotiations between India and the United States enter their final phase. An unusual term, "non-veg milk," has emerged as the deal-breaker. India has firmly declared its refusal to allow US dairy imports a "non-negotiable red line". This comes amid US President Donald Trump’s August 1 deadline to reach a deal with countries or face steep tariffs.

In the 18th package of the sanctions announced today, the EU targets Russian oil exports, including refining of Russian oil in other countries. This includes “the biggest Rosneft refinery in India,” and the Indian flag registry.

In the ongoing Russia-Ukraine war, the US has extended its support to Ukraine by providing the Patriot air defense system which is a powerful tool that can detect and intercept incoming missiles. The close alliance between these two nations has triggered discomfort among other countries

US-based trading firm Jane Street has deposited ₹4,843 crore in an escrow account following SEBI's allegations of market manipulation. The company is accused of influencing stock and index prices in India.

Ahead of Donald Trump’s July 9 deadline for reciprocal tariff, Indian govt has firmly said that the country does not do trade deals based on timeline

India's current account recorded a surplus of USD 13.5 billion (or 1.3 per cent of GDP) in the January-March quarter of 2024-25 as compared with USD 4.6 billion (or 0.5 per cent of GDP) in the same quarter of 2023-24, RBI data showed Friday.

Deposits of Indian customers in Swiss banks have declined by around 18 per cent over the past decade, according to the latest figures released by the Swiss National Bank (SNB)

Vijay Mallya is busy polishing his image, but that may work for a web series, not in real life. At this point, it’s no longer just about recovery—it’s a matter of criminal conspiracy, fraud, and money laundering.

The credit appraisal for small ticket loans up to 2.5 lakh Rupees where gold is given as collateral will not be needed, said Sanjay Malhotra, Governor of the Reserve bank of India (RBI).