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Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
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Fact-Check: Centre Hasn't Opened Bank Account For Modernisation Of Army
A "misleading" message is doing the rounds on WhatsApp, which claims that the Centre has opened a bank account seeking donations for the modernisation of the Indian Army.
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IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
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World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
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Centre To Provide Major Part Of Startup Fund To Sectors Like New Age Tech, AI
The commerce and industry ministry will allocate a major part of the second Rs 10,000 crore Fund of Funds Scheme (FFS) For startups to budding entrepreneurs in sectors such as new-age technology, AI, and machine building, an official said.
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Finance Minister Chairs India-UK Investor Roundtable In London
Finance Minister Nirmala Sitharaman has chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions.
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EPFO Eases Provident Fund Withdrawal Process: See Details Here
Retirement fund body EPFO on Thursday said applicants seeking withdrawal from provident funds online do not have to upload the image of a cancelled cheque and their bank accounts need not be verified by employers.
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State Bank of India Internet Banking Services Hit By Technical Issues
SBI mobile banking services experienced disruptions for the second time in March due to technical issues.
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India To Remain Fastest Growing Major Economy With 6.5% Growth In FY26: IMF
Multilateral financing agency International Monetary Fund (IMF) has said that India will retain its position as the fastest-growing major economy by clocking a GDP growth of 6.5 per cent in 2025-26.
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Explained: What Will Happen If US Withdraws From World Bank, IMF
An alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of US Treasury Secretary Scott Bessent at G20 meetings adding to the anxiety.
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How To Open A PPF Account In State Bank of India?
PPF Account in SBI: The Public Provident Fund (PPF) is a popular long-term investment scheme offering attractive interest rates and tax-free returns.
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AI Set To Replace Humans In 4,000 Roles In Southeast Asia's Largest Bank
The International Monetary Fund (IMF) has warned that AI is likely to affect nearly 40% of all jobs worldwide.
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Markets Continue Red Streak, Sensex Falls 386 Points In Early Trade
Benchmark indices Sensex and Nifty began the trade on a weak note on Wednesday, but later bounced back, driven by buying in blue-chip bank stocks and fresh foreign fund inflows.
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RBI Imposes Restrictions On New India Co-operative Bank, Customers Unable to Withdraw Funds
The Reserve Bank of India has taken this step to protect the interests of the customers, citing concerns about the bank's financial condition.
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Explained: What Does USAID Do And Fund
In 2023, 70 of the 77 countries the World Bank determined to be low- and lower-middle income countries received USAID assistance.
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Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
-
Fact-Check: Centre Hasn't Opened Bank Account For Modernisation Of Army
A "misleading" message is doing the rounds on WhatsApp, which claims that the Centre has opened a bank account seeking donations for the modernisation of the Indian Army.
-
IMF, World Bank "Must Be Made Fit For Purpose Again": US Treasury Chief
The International Monetary Fund and World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions have strayed from their initial missions.
-
World Bank Lowers India's Growth Forecast To 6.3 % For Fiscal Year 2025-26
The World Bank on Wednesday lowered India's growth forecast for the current fiscal by 4 percentage points to 6.3 per cent amid global economic weakness and policy uncertainty.
-
Centre To Provide Major Part Of Startup Fund To Sectors Like New Age Tech, AI
The commerce and industry ministry will allocate a major part of the second Rs 10,000 crore Fund of Funds Scheme (FFS) For startups to budding entrepreneurs in sectors such as new-age technology, AI, and machine building, an official said.
-
Finance Minister Chairs India-UK Investor Roundtable In London
Finance Minister Nirmala Sitharaman has chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions.
-
EPFO Eases Provident Fund Withdrawal Process: See Details Here
Retirement fund body EPFO on Thursday said applicants seeking withdrawal from provident funds online do not have to upload the image of a cancelled cheque and their bank accounts need not be verified by employers.
-
State Bank of India Internet Banking Services Hit By Technical Issues
SBI mobile banking services experienced disruptions for the second time in March due to technical issues.
-
India To Remain Fastest Growing Major Economy With 6.5% Growth In FY26: IMF
Multilateral financing agency International Monetary Fund (IMF) has said that India will retain its position as the fastest-growing major economy by clocking a GDP growth of 6.5 per cent in 2025-26.
-
Explained: What Will Happen If US Withdraws From World Bank, IMF
An alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of US Treasury Secretary Scott Bessent at G20 meetings adding to the anxiety.
-
How To Open A PPF Account In State Bank of India?
PPF Account in SBI: The Public Provident Fund (PPF) is a popular long-term investment scheme offering attractive interest rates and tax-free returns.
-
AI Set To Replace Humans In 4,000 Roles In Southeast Asia's Largest Bank
The International Monetary Fund (IMF) has warned that AI is likely to affect nearly 40% of all jobs worldwide.
-
Markets Continue Red Streak, Sensex Falls 386 Points In Early Trade
Benchmark indices Sensex and Nifty began the trade on a weak note on Wednesday, but later bounced back, driven by buying in blue-chip bank stocks and fresh foreign fund inflows.
-
RBI Imposes Restrictions On New India Co-operative Bank, Customers Unable to Withdraw Funds
The Reserve Bank of India has taken this step to protect the interests of the customers, citing concerns about the bank's financial condition.
-
Explained: What Does USAID Do And Fund
In 2023, 70 of the 77 countries the World Bank determined to be low- and lower-middle income countries received USAID assistance.
