MUMBAI: Fino Payments Bank, promoted by Fino PayTech, received in-principle approval from the Reserve Bank of India (RBI) in early December 2025 to transition into a small finance bank, enabling lending operations after restructuring. Fino PayTech’s major shareholders are Bharat Petroleum, ICICI Bank group, Blackstone and Intel Capital. In an interview with TOI, Rishi Gupta,…
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NEW DELHI: India is well placed to weather the current global energy shocks as risks are “cushioned by ample buffers” including high forex reserves, fiscal space and a well-capitalised banking system, World Bank said Thursday, while projecting average growth of 7.1% during FY28-FY29. The assessment comes a day after the multilateral lender raised its FY27…
Cryptocurrency markets had a small rebound following last week’s dip, as investor activity wound down during the holidays. Bitcoin (BTC) fell to a weekly low of $86,561 on Tuesday, before bouncing back above $88,600 on Friday, according to TradingView data. Spot Bitcoin exchange-traded funds (ETFs) demand remained weak, recording $175 million in outflows on Wednesday,…
The next global power competition is not being fought over missiles alone. It’s being fought over money, and right now, China is moving aggressively to shape the future of it, argues Gooden. Source link
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Galgotias University on Wednesday found itself at the centre of a social media storm after releasing full-page advertisements in leading Indian newspapers claiming global recognition.The advertisements, which highlighted the university as “ranked globally” and “committed to making India proud”, triggered a wave of online criticism, with users flooding platforms with memes and sarcastic remarks. Watch…
Check out the companies making the biggest moves in premarket trading: Walmart — The big-box retailer shed 3.7% after its full fiscal year outlook fell short of expectations. Walmart said it anticipates net sales will increase by 3.5% to 4.5% and adjusted earnings per share to range from $2.75 to $2.85. Analysts polled by LSEG…
NEW DELHI: Spanish President Pedro Sánchez Pérez-Castejón is expected to visit India soon, Spanish Foreign Minister Jose Manuel Albares said on Wednesday. He also expressed hope that Prime Minister Narendra Modi would be able to visit Spain.Albares, who met external affairs minister S Jaishankar in New Delhi, said the two countries aim to elevate their…
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