India’s July electricity consumption hit a new peak of 171 billion units, with increased cooling needs and weather extremes prompting a surge in power use, according to Crisil report. India’s electricity demand jumped 10.9% year on year in July to…
The Reserve Bank of India has launched a new non-competitive bidding facility, allowing retail investors to participate in government bond auctions at the market-determined price, aiming to widen ownership and simplify participation. Government securities in India are priced through auction,…
Oil prices continue their rally above $90 amid fears of sustained disruptions at the Strait of Hormuz, highlighting geopolitical risks and their impact on global markets and India’s economy. Oil prices climbed further on Wednesday as traders focused less on…
Honda is reportedly collaborating with Tata Technologies on a new versatile vehicle architecture that could support petrol, hybrid, and electric powertrains, signalling a strategic move to enhance its India market presence and expedite the launch of its first electric compact…
Indian fintech executives emphasise the importance of building durable institutions, strengthening governance, and prioritising customer protection as the sector matures, amid tighter regulatory scrutiny and a move away from rapid growth. At a panel in Mumbai on Wednesday, India’s fintech…
State Bank of India has transitioned AI from pilot projects to core operations, underwriting nearly ₹1 trillion in small-business loans and automating 25% of its cheque processing, signalling a major shift in digital banking practices to boost MSME credit access.…
The Reserve Bank of India’s proposed restrictions on revolving credit could force NBFCs to shift towards term loans, potentially impacting customer access to flexible borrowing options amid intensified regulatory scrutiny and tighter lending controls. The Reserve Bank of India’s planned…
Sanjay Malhotra, Governor of the Reserve Bank of India, calls on banks to spearhead the use of AI in finance, leveraging India’s digital infrastructure amidst a global push for modernisation and stability. Reserve Bank of India Governor Sanjay Malhotra has…
Royal London remains the most recommended personal pension among UK advisers in the first half of 2026, while industry warns of a skills gap in artificial intelligence threatening responsible adoption in financial services. Royal London remained the most recommended personal…
Fraudsters continue to exploit trust by requesting bank account and routing numbers via manipulated phone calls, prompting warnings for consumers to stay vigilant and verify identities through official channels. A common phone scam is built around a simple request: a…
