A distracted America is set to pull back from Asia

'Clearly, from the Indian viewpoint, the US retrenchment from Asia cannot be happening as good news.''The abandonment of the US' pivot to Asia exposes the US-Indian partnership to be a mere......

RBI eases rules for white label ATMs

A while label ATM (WLA) is operated by a non-bank entity; customers from any bank may withdraw money from these, for a fee. The Reserve Bank of India has allowed operators of white label automated......

2.56 Lakh Crore: Why FIIs Are Selling Indian Stocks

'Out of the 20 trading days in January up to January 28, FIIs have sold shares on 19 of those days.''A notable question arises: when has there historically been such intense FII withdrawal? This......

'Crypto is serious threat to financial stability'

'What is this cryptocurrency? Is it a product? Is it a financial product? Is it an asset?' Photograph: Kind courtesy The Digital Artist/Pixabay Shaktikanta Das, governor of Reserve Bank of India......

HDFC Bank credit card to levy forex markup fee on use in India with overseas merchant

The bank has said rent payments will not earn reward points, and redemption of reward points on various cards have been capped in certain segments. IMAGE: Kindly note that this image has been......