India Tops Global Remittance Flows with USD 120 Billion in 2023: World Bank Report
India led the world in remittances in 2023, receiving an impressive USD 120 billion, a 7.5% increase from the previous year, according to the World Bank's…
IFSCA Enables IFSC Banking Units to Issue Derivatives on Indian Securities in GIFT-IFSC
Expansion of Financial Instruments in GIFT-IFSC The International Financial Services Centres Authority (IFSCA) has recently…
RBI Tightens Norms for Public Deposit Acceptance by Housing Finance Companies (HFCs)
The Reserve Bank of India (RBI) has introduced stricter regulations for housing finance companies (HFCs)…
IRDAI Introduces New Corporate Governance Regulations for Insurers
IRDAI's Regulatory Update for Enhanced Corporate Governance in the Insurance SectorOn March 21, 2024, the…
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Lok Sabha Speaker Om Birla has constituted six new Parliamentary Committees for…
Innovative Bond Aims to Save the Amazon by Linking Returns to Carbon Removal
In a groundbreaking move to combat climate change, the World Bank has…
RBI Unveils Framework for Recognition of Self-Regulatory Organizations in Financial Markets
On August 19, 2024, the Reserve Bank of India (RBI) introduced the…
Chapter 1: Introduction to the Financial System
The financial system forms the base of any economy, playing a critical…
RBI Expands Liberalized Remittance Scheme for IFSCs Like GIFT City
The Reserve Bank of India (RBI) has announced a significant expansion of…
RBI’s Financial Inclusion Index (FI-Index) Rises to 64.2 in March 2024
The Reserve Bank of India (RBI) announced on Wednesday that the Financial…
RBI Reports Robust Employment Growth in FY2023-24, Discrepancies with Private Surveys
The Reserve Bank of India (RBI) recently reported that the country added…
SEBI Raises Threshold for Basic Service Demat Account to Rs 10 Lakh to Boost Small Investor Participation
In a significant move aimed at enhancing the participation of small investors…
India Tops Global Remittance Flows with USD 120 Billion in 2023: World Bank Report
India led the world in remittances in 2023, receiving an impressive USD 120…
IMF Releases Artificial Intelligence Preparedness Index, Ranking 174 Economies
The International Monetary Fund (IMF) has unveiled its Artificial Intelligence Preparedness Index (AIPI) on…
NITI Aayog Launches ‘Sampoornata Abhiyan’ to Accelerate Development in Aspirational Districts and Blocks
NITI Aayog has launched the 'Sampoornata Abhiyan', a three-month campaign from July 4…
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