Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.
His remarks came in response to several European nations announcing their decision to recognise a Palestinian state during a summit at the UNGA on Monday. While the move was largely symbolic, it added to Israel's diplomatic isolation. Washington, however, has made clear it does not support the step.
The heaviest communication satellite to be launched from the Indian soil onboard a new generation, homegrown 'Bahubali' rocket was successfully placed into the intended orbit on Sunday, the Indian Space Research Organisation said.
It is high time India ends its silence on the human cost of the Gaza war and takes a principled stand without diluting its relations with Israel. A largely friendless Tel Aviv today needs New Delhi more than the other way around. India's failure now may cost it diplomatically in the long run, cautions M R Narayan Swamy.
The BJP has lauded the extradition of Tahawwur Rana, a key accused in the 26/11 Mumbai terror attack, as a testament to "New India's" zero-tolerance stance against terrorism under Prime Minister Narendra Modi. However, the Congress has countered the claim, stating that the extradition was the result of diplomatic efforts initiated during the UPA government's tenure. The BJP highlighted Rana's return as a tribute to security personnel who lost their lives fighting Pakistan-sponsored terrorism and a step towards justice for victims of the attack. The Congress, however, asserted that the Modi government did not initiate the extradition process but benefited from the UPA's groundwork. The exchange of accusations has added a political dimension to Rana's extradition, with both parties vying for credit for the development.
The United States won a 67-66 thriller over France in the women's basketball final on Sunday, claiming an historic eighth consecutive Olympic crown while denying the hosts the golden finish to the Paris Games that had seemed within their grasp.
'What we need to watch is how Saudi Arabia's financial assistance will be used by Pakistan. If the funds go to build their military hardware and operations, it should worry us.'
Congress leader Sonia Gandhi criticizes the Modi government's stance on Palestine, calling it a 'profound silence' and an abdication of humanity and morality. She argues that India needs to demonstrate leadership on the issue and that the government's actions are driven by personal friendship rather than constitutional values or strategic interests.
IMAGES from the UEFA Champions League matches played on Wednesday
'Returning Indians can leverage their international skills and the strong funding environment for start-ups here.'
The MiG-21 episode demonstrates that procurement is always strategic.
Choices about what aircraft to acquire, who builds them, who supplies the spares, who trains the pilots and technicians are decisions with political consequences lasting for decades.
The match will take place between November 10 and 18, and is likely to be played Kochi.
Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.
Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.
France showcased its cultural diversity, spirit of revolution, impeccable craftsmanship, and architectural heritage in a riveting opening ceremony for the 33rd Olympic Games.
British Prime Minister Keir Starmer said the UK will recognise the state of Palestine at the UN General Assembly in September unless Israel moves towards a ceasefire in Gaza. He also called on Hamas to release hostages and disarm.
Paris gets ready ahead of PSG's Champions League final
Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyber frauds. Speaking at the Digital Payments Awards 2025 ceremony here, the minister credited fintechs with helping speed up financial inclusion and taking the payment system to even the far-flung areas of the country.
Carlos Alcaraz continued his French Open title defence with a display of breathtaking brutality for a 6-0, 6-1, 6-4 victory over American 12th seed Tommy Paul.
The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
France football great Marcel Desailly does not feel that visa issues relating to entering the United States will have any impact on the 2026 FIFA World Cup.
"Intermittent pauses in hostilities are not enough to address the scale of humanitarian challenges confronting the people, who grapple daily with acute shortages of food and fuel, inadequate medical services and lack of access to education," Harish said at the open debate on the 'Situation in the Middle East, including the Palestinian question'.
The foreign degree no longer sells itself, families are doing the math, and for many, the numbers just don't add up.
By choosing your study destination carefully, leveraging government schemes, comparing loan options, and adopting frugal living practices, Indian students can acquire global credentials without mortgaging their futures.
Reaffirming India's stand against terrorism, Prime Minister Narendra Modi has urged leaders of the G7 to galvanise global action against terrorism and underscored the need for strict action against those who 'promote and support' it.
State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI's currency management infrastructure in order to cater to future cash needs of the country's fast growing economy. The four private entities are: Accenture Solutions; Colliers International (India) Property Services; PricewaterhouseCoopers and The Boston Consulting Group (India).
'Right now, silver -- and especially platinum -- are very cheap compared to gold. If I were buying today, I would choose platinum.'
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, though customer deposits fell, annual data from Switzerland's central bank showed on Thursday. The increase in aggregate funds of Indian clients with Swiss banks, from 899 million Swiss francs (Rs 6,625 crore) at the end of 2019, reverses a two-year declining trend and has taken the figure to the highest level in 13 years. It stood at a record high of nearly 6.5 billion Swiss francs in 2006, after which it has been mostly on a downward path, except for a few years including in 2011, 2013 and 2017, as per the Swiss National Bank (SNB) data.
France will deploy 35,000 security agents and the military to secure the 2024 Olympic Games opening ceremony, a river parade through the heart of Paris, from security threats including drone strikes.
The average value of retail digital payments dropped 48 per cent from Rs 8,769 in March 2021 to Rs 4,560 in March 2024 due to a growing preference to use digital modes of transactions for small value payments, according to the Reserve Bank of India's (RBI) report on the trend and progress of banking in India.
UEFA to not place sanctions on PSG
France defender Benjamin Pavard made a spectacular comeback to the team as his superb second-half strike saw them beat Ireland 1-0 away in Euro 2024 qualifying Group B match.
If a bank shuts down, every account holder it has will get back their money for a maximum limit of Rs 5 lakh. It was Rs 1 lakh before.
Opposition MPs in India's Rajya Sabha raised concerns about US President Donald Trump's tariff threats, demanding the government clarify its response and engage in discussions with opposition parties. Leaders like P Chidambaram and Sagarika Ghose warned of potential economic repercussions, including depressed exports, lower FDI, and a significant tariff burden. The debate also touched on other issues such as the government's economic policies, demonetization, and the impact of GST on common citizens.
The Israeli Parliament enacted a law prohibiting the United Nations Relief and Works Agency (UNRWA), the primary UN organisation assisting Palestinians, from operating within the country, CNN reported.
There was no "Miracle on the Seine" at the Paris Olympics on Saturday as the United States men's basketball team did as expected by grinding out a 98-87 win over France to claim a fifth consecutive gold medal.
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, declined by 11 per cent in 2022 to 3.42 billion Swiss francs (nearly Rs 30,000 crore), annual data from Switzerland's central bank showed on Thursday.
French organisers turned Paris into an open-air Olympic playground where everyone was invited, with or without a ticket.
Zheng Qinwen saw off a spirited challenge from Diana Shnaider to secure a hard-fought 7-6(5), 6-3 win in their Pan Pacific Open semi-final on Saturday and set up a title clash against American Sofia Kenin.
The Indian market remains an attractive place to do business for the nation's entrepreneurs, with 75 per cent of them operating domestically.
