India’s Manappuram Finance reported a surprise fourth-quarter loss on Friday, hurt by a surge in bad loans in its microfinance vertical. Indian lenders have been reporting rising default rates in …
Finance Ministry asks RBI, UPI, others to stay alert for potential cyberattack amid tension with Pakistan
As tensions between India and Pakistan escalate, the Finance Ministry has asked major financial institutions and payment companies to prepare for potential cyberattacks to avoid disruption to payment …
India-Pakistan News LIVE Updates: Finance Ministry To Hold Review Meeting, IPL Suspended Indefinitely
The Union Finance Minister Nirmala Sitharaman will chair a review meeting on cybersecurity preparedness of banks and financial institutions at 5:00 p.m.Source: Finance MinistryIndian Premier League or …
Finance Minister Nirmala Sitharaman to chair review meeting on cybersecurity of banks, financial institutions today
Amid escalating tensions between India and Pakistan, Union Finance Minister Nirmala Sitharaman will chair a high-level review meeting later this evening to assess the cybersecurity preparedness of …
China’s central bank to encourage financial support for consumption and trade
China’s central bank will guide financial institutions to expand support for consumption and foreign trade, it said in its monetary policy implementation report for the first quarter, which was …
China’s central bank to spur financing support for consumption, trade
BEIJING: China’s central bank said on Friday (May 9) it will spur financial institutions to expand support for consumption and foreign trade amid a protracted trade war with the United States. Beijing …
G7 to confront North Korea’s billion-dollar crypto heists at Canada summit
Leaders of the G7 are preparing to address North Korea’s escalating cyberattacks and cryptocurrency thefts at their upcoming summit in Alberta, Canada, scheduled for mid-June. This move comes amid …
Vietnam to send largest-ever delegation to 2025 SelectUSA Investment Summit
HANOI: A Vietnamese delegation will take part in the 2025 SelectUSA Investment Summit, scheduled for May 11-14 in the United States’ Maryland, Minister of Finance Nguyen Van Thang told US Ambassador …
Nifty Falls Below 24,100 As India-Pakistan Tensions Weigh: Defense Stocks, Titan, L&T Offer Respite
Indian equity markets opened sharply lower on Friday as escalating India-Pakistan cross-border tensions rattled investor sentiment, triggering a broad-based sell-off across most sectors. Around 9:50 a …
Vietnam plans $20bn loan package for infrastructure and technology
HANOI — Vietnam is planning a 500 trillion dong (around $20 billion) loan package involving 21 banks to finance infrastructure and technology projects aimed at boosting economic growth — a financing …