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"Russian Oil Wasn't An Issue": Raghuram Rajan's Take On US Tariffs On India
The import of Russian oil was not the central reason for the Donald Trump administration's imposition of a hefty 50 per cent tariff on Indian goods in the United States, according to former Reserve Bank Governor Raghuram Rajan.
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RBI Slashes Repo Rate By 25 Basis Points To 5.25%, Loans To Get Cheaper
The Reserve Bank of India (RBI) has slashed its repo rate by 25 basis points from 5.5% to 5.25%, the central bank's governor Sanjay Malhotra announced this morning.
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Maharashtra Reserves 70% Jobs In District Cooperative Banks For Locals
In a move aimed at encouraging local employment, the Maharashtra government has directed that 70 per cent of jobs in District Central Cooperative Banks (DCCBs) be reserved for candidates domiciled in the respective districts.
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French Lawmakers to Review Proposal to Ban CBDC, Support Bitcoin Reserve and Crypto Oversight
France’s lawmakers are set to debate a motion that seeks to block the European Central Bank’s digital euro proposal and create a national Bitcoin reserve. The initiative, led by Éric Ciotti and UDR members, aims to safeguard privacy, encourage euro-pegged stablecoins, and tighten oversight under MiCA regulations.
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RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
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RBI Keeps Repo Rate Unchanged At 5.5% For Second Consecutive Time
The central bank had cut the repo rate by a total of 100 basis points in the first half of 2025, but paused at its previous meeting in August.
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New Fed Governor Says He Was Not Told How To Vote By Trump
Donald Trump's pick to join the US Federal Reserve said Friday that he did not speak to the president about how to vote on interest rates ahead of the central bank's meeting this week.
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What It Could Mean For The US Fed To Lose Its Independence
President Donald Trump's attempt to fire a member of the Federal Reserve's governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank's independence in decades.
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Trump Raises Pressure, Calls For Federal Reserve Governor To Resign
US President Donald Trump called Wednesday for Federal Reserve Governor Lisa Cook to step down, expanding pressure on the central bank after recent criticism of Fed Chair Jerome Powell for not lowering interest rates sooner.
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Refusal To Curtail Interest Rates Causes Clash Between Trump, Chairman Powell
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the president toured the central bank after ramping up his attacks on its management of the economy.
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Trump Disappointed With Federal Reserve Chair Over $2.5 Billion Renovation Project
President says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the US central bank's $2.5 billion renovation project.
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China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
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Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
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South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.
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ECB President Says Bitcoin Won't Enter Reserves of Any EU Central Banks
Ales Michl, the governor of Czech Republic’s central bank, suggested ECB’s General Council to consider adding Bitcoin as part of its reserved assets. Dismissing the suggestion, Lagarde said reserved assets need to be liquid and secure – criteria she feels are not strong with BTC for now.
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"Russian Oil Wasn't An Issue": Raghuram Rajan's Take On US Tariffs On India
The import of Russian oil was not the central reason for the Donald Trump administration's imposition of a hefty 50 per cent tariff on Indian goods in the United States, according to former Reserve Bank Governor Raghuram Rajan.
-
RBI Slashes Repo Rate By 25 Basis Points To 5.25%, Loans To Get Cheaper
The Reserve Bank of India (RBI) has slashed its repo rate by 25 basis points from 5.5% to 5.25%, the central bank's governor Sanjay Malhotra announced this morning.
-
Maharashtra Reserves 70% Jobs In District Cooperative Banks For Locals
In a move aimed at encouraging local employment, the Maharashtra government has directed that 70 per cent of jobs in District Central Cooperative Banks (DCCBs) be reserved for candidates domiciled in the respective districts.
-
French Lawmakers to Review Proposal to Ban CBDC, Support Bitcoin Reserve and Crypto Oversight
France’s lawmakers are set to debate a motion that seeks to block the European Central Bank’s digital euro proposal and create a national Bitcoin reserve. The initiative, led by Éric Ciotti and UDR members, aims to safeguard privacy, encourage euro-pegged stablecoins, and tighten oversight under MiCA regulations.
-
RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
-
RBI Keeps Repo Rate Unchanged At 5.5% For Second Consecutive Time
The central bank had cut the repo rate by a total of 100 basis points in the first half of 2025, but paused at its previous meeting in August.
-
New Fed Governor Says He Was Not Told How To Vote By Trump
Donald Trump's pick to join the US Federal Reserve said Friday that he did not speak to the president about how to vote on interest rates ahead of the central bank's meeting this week.
-
What It Could Mean For The US Fed To Lose Its Independence
President Donald Trump's attempt to fire a member of the Federal Reserve's governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank's independence in decades.
-
Trump Raises Pressure, Calls For Federal Reserve Governor To Resign
US President Donald Trump called Wednesday for Federal Reserve Governor Lisa Cook to step down, expanding pressure on the central bank after recent criticism of Fed Chair Jerome Powell for not lowering interest rates sooner.
-
Refusal To Curtail Interest Rates Causes Clash Between Trump, Chairman Powell
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the president toured the central bank after ramping up his attacks on its management of the economy.
-
Trump Disappointed With Federal Reserve Chair Over $2.5 Billion Renovation Project
President says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the US central bank's $2.5 billion renovation project.
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China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
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Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
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South Korea’s Central Bank Dismisses Bitcoin as Reserved Asset Citing Uncertainty, Risks: Report
The Bank of Korea (BoK) has reportedly said that Bitcoin’s volatility is a matter of risk and concern for the country’s national stability. The BoK said that it had not even begun to review the possibility of having Bitcoin as a reserved asset alongside gold and fiat currencies among other securities.
-
ECB President Says Bitcoin Won't Enter Reserves of Any EU Central Banks
Ales Michl, the governor of Czech Republic’s central bank, suggested ECB’s General Council to consider adding Bitcoin as part of its reserved assets. Dismissing the suggestion, Lagarde said reserved assets need to be liquid and secure – criteria she feels are not strong with BTC for now.
