TOKYO (Reuters) -Japan's new finance minister, Satsuki Katayama, said on Monday her meeting with U.S. Treasury Secretary Scott Bessent did not directly touch upon the Bank of Japan's monetary policy.
India’s GCCs emerge as AI-driven hubs powering global retail giants
Once focused on technology and banking, global capability centres in India are now becoming digital command hubs for global retail and consumer goods companies ...
India plans to hike foreign investment cap in state-run banks to 49%, source says
India is set to significantly increase foreign investment limits in its state-run banks. The government is considering raising the cap to 49 percent from the current 20 percent. This move aims to ...
India’s economy on solid footing as inflation eases, demand stays strong: Economic report
India’s economy is projected to grow strongly in FY26, buoyed by robust domestic demand, easing inflation, and supportive tax measures. The government’s September report highlights a positive food ...
Exclusive: India plans to hike foreign investment cap in state-run banks to 49%, source says
India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, according to a person directly involved in the policy discussions.
Bessent celebrates Nikkei milestone in meeting with Japan Finance Minister Katayama
U. Treasury Secretary Scott Bessent celebrated Japan's Nikkei share average closing above the 50,000 level for the first time on Monday, in a meeting with Japanese finance minister Satsuki Katayama in ...
India’s banking story back on global radar as foreign deals pick up
Nomura India’s Amit Thawani sees a favourable risk-reward and strong growth outlook, supported by capital inflows from Asia and the Middle East, while former SBI Chairman Rajnish Kumar calls it a ...
Saudi Arabia extends $1bln oil facility, $5bln deposits to Pakistan
Saudi Arabia will provide Pakistan a $1 billion oil facility and roll over $5 billion in deposits this fiscal year, helping stabilize Pakistan’s economy and reserves.
India races to reform financial sector as foreigners pull $17 billion
Rattled by nearly $17 billion in foreign outflows this year, India is doubling down on financial sector reforms in a push to beef up capital buffers and lift investment in the country amid wider ...
Saudi Arabia backs Pakistan with $6B in oil and deposits
Pakistan’s economy received a major boost as Saudi Arabia agreed to provide a $1 billion oil facility this fiscal year. The finance ministry confirmed the extension, which will help Pakistan meet oil ...