New Delhi, Jun 6 (KNN) Indian households expect inflationary pressures to increase over the coming months amid concerns over the ongoing West Asia conflict and forecasts of a below-normal monsoon, according to surveys released by the Reserve Bank of India (RBI) on Friday. Household Inflation Expectations Move Higher The RBI’sContinue Reading
New Delhi, Apr 16 (KNN) The share of bank loans in the overall borrowings of non-banking financial companies (NBFCs) is expected to rise to 44–45 per cent in the current fiscal, up from around 43 per cent in the second half of FY26, according to a report by Crisil Ratings.Continue Reading
New Delhi, May 4 (KNN) The Ministry of Finance has declared the ongoing West Asia situation as a Force Majeure (FM) event for government procurement contracts, allowing relief for contractors and suppliers affected by disruptions linked to the conflict. In a notification, the Department of Expenditure said the prevailing situationContinue Reading
New Delhi, May 20 (KNN) Export-Import Bank of India (India Exim Bank) has extended a USD 100 million credit facility to Africa Finance Corporation (AFC) to support India’s project exports across Africa under the Government of India’s ‘Focus Africa’ initiative. The announcement comes as India continues to strengthen its economicContinue Reading
New Delhi, Jun 6 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday assured the public that cash shortages at ATMs would be addressed promptly, even as industry data revealed a significant and worsening gap between cash demanded for ATM replenishment and cash actually supplied by banks. ATMContinue Reading
New Delhi, Apr 16 (KNN) The Financial Intelligence Unit-India (FIU-IND) and the Securities and Exchange Board of India (SEBI) have signed a Memorandum of Understanding (MoU) to enhance coordination and information sharing in combating money laundering and financial crimes. The agreement was signed by Amit Mohan Govil, Director, FIU-IND, andContinue Reading
New Delhi, May 4 (KNN) The 7th amendment to the Insolvency and Bankruptcy Code (IBC), passed in April 2026, seeks to address prolonged delays in insolvency proceedings that have led to erosion of asset value, Crisil Ratings said in a press release. The amendment introduces mandatory timelines of 14–30 daysContinue Reading
