Banking

ED files chargesheet against Reliance Power in fake guarantee scam.

ED files chargesheet against Reliance Power in fake guarantee scam.

December 6, 2025 / News, Banking, Business, Crime, Local News /

ED files chargesheet against Reliance Power in fake guarantee scam. The Enforcement Directorate (ED) has filed a chargesheet against Reliance Power in connection with a high-profile fake guarantee scam, marking a significant development in the ongoing investigation into financial irregularities within the company. The chargesheet, submitted to a special court, details alleged violations under the […]

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Indian stocks rise after RBI rate cut boost

Indian stocks rise after RBI rate cut boost

December 5, 2025 / News, Banking, Business, Business and Finance, Business and Leadership, Economics, Finance, Local News /

Indian stocks rise after RBI rate cut boost Indian stocks rise after RBI rate cut, financials lead Dec 5 (Reuters) — India’s stock benchmarks edged higher on Friday, supported primarily by domestic rate-sensitive financials, after the Reserve Bank of India (RBI) lowered its key policy interest rate by 25 basis points. The rate cut, which

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Indian rupee plunges past ₹90, Asia’s worst hit

Indian rupee plunges past ₹90, Asia’s worst hit

December 4, 2025 / News, Banking, Business, Current Affairs, Economics, Education, Fitness, Investing, Local News, Public, Social Issues /

Indian rupee plunges past ₹90, Asia’s worst hit Experts say the rupee’s fall was fueled not just by foreign selling, but also by a sudden crypto crash, which sharply increased demand for the dollar. Mumbai: The Indian rupee breached the symbolic 90-per-dollar mark on Wednesday, hitting a fresh all-time low of 90.07, down 19 paise

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EU proposes using frozen Russian assets

EU proposes using frozen Russian assets

December 4, 2025 / News, Banking, Business, Current Affairs, International Relations /

EU proposes using frozen Russian assets EU plan for Ukraine blocked by Belgium Belgium earns tax on frozen Russian assets, and interest helps fund a G7 loan program supporting Ukraine UK Brussels: The European Union on Wednesday unveiled a detailed and ambitious plan to channel billions of euros from frozen Russian assets into Ukraine’s economy

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Congress mocks PM as rupee continues its steep slide.

Congress mocks PM as rupee continues its steep slide.

November 24, 2025 / Banking, Business, Economics, News /

Congress mocks PM as rupee continues its steep slide. The rupee opened at 89.46 to the dollar but soon recovered slightly to 89.17, giving a small 49-paise relief after yesterday’s sharp slide. The Congress on Monday sharpened its political attack on Prime Minister Narendra Modi, using the rupee’s latest slide against the US dollar as

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Fake tax officers loot ATM cash van escape with ₹7 crore

Fake tax officers loot ATM cash van escape with ₹7 crore

November 20, 2025 / News, Banking, Crime, Security News, Social Issues /

Fake tax officers loot ATM cash van escape with ₹7 crore Men disguised as central tax officers intercepted a CMS cash van, seized cash boxes, briefly detained the staff, and fled. Police are now scanning citywide CCTV to track the gang. Bengaluru witnessed a dramatic daylight robbery on Tuesday when a group of men, cleverly

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RBI says J&K has 17.2 lakh unclaimed accounts worth ₹466 crore

RBI says J&K has 17.2 lakh unclaimed accounts worth ₹466 crore

November 15, 2025 / News, Banking, Crime /

RBI says J&K has 17.2 lakh unclaimed accounts worth ₹466 crore RBI’s Chandra Shekhar Azad said Jammu district alone holds 2.94 lakh unclaimed accounts, together valued at about ₹107 crore. Jammu: Jammu and Kashmir has over 17.20 lakh unclaimed bank accounts with an outstanding value of ₹465.79 crore, a figure that has prompted the Reserve

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Asian Markets Mixed After Wall Street Retreat From Records

Asian Markets Mixed After Wall Street Retreat From Records

September 17, 2025 / News, Banking, Business, Economics, Finance /

Asian Markets Mixed After Wall Street Retreat From Records Japan’s benchmark Nikkei 225 rose 0.2 percent in morning trade, reaching 44,995.79, reflecting cautious optimism among investors despite broader Asian markets showing mixed performance after Wall Street’s retreat. Asian Markets Mixed as Investors Await Fed Rate Decision, Japan Faces Tariff Strain Tokyo: Asian markets opened mixed

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US says more tariffs on Russian oil buyers

US says more tariffs on Russian oil buyers

September 8, 2025 / News, Banking, International Relations /

US says more tariffs on Russian oil buyers Cooperation and future transatlantic priorities. US Treasury Secretary Warns Russian Economy Could “Collapse” Under New Sanctions, Trump Slaps 50% Tariff on India’s Oil Imports Washington: US Treasury Secretary Scott Bessent on Sunday said Russia’s already strained economy could face a “collapse” if Washington, together with the European

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Indian stock market falls after RBI decision.

Indian stock market falls after RBI decision.

August 7, 2025 / News, Banking, Business, Economics, Events, Indian Politics /

Indian stock market falls after RBI decision. Among the IT stocks, Coforge emerged as the biggest loser of the day, witnessing a sharp decline of 3.49 per cent. The stock faced selling pressure amid broader market weakness and negative sentiment following the RBI’s policy announcements. RBI Keeps Repo Rate Unchanged: Indian Stock Market Reacts Cautiously

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