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RBI Governor Engages Fintech Leaders, Unveils Plans For Unified Lending Interface

New Delhi, Mar 6 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra met with representatives from fintech firms, payment system operators, industry associations, and self-regulatory organisations, emphasising the importance of responsible innovation and regulatory compliance, particularly for entities new to the regulatory framework.  The central bank described this interaction as part of its ongoing...
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RBI Announces Rs 1 Tn Bond Purchase, USD 10 Bn FX Swap To Address The Liquidity Crunch

New Delhi, Mar 6 (KNN) The Reserve Bank of India (RBI) unveiled new measures on Wednesday designed to alleviate the persistent liquidity constraints affecting the banking system.  These initiatives include the purchase of government bonds through open market operations (OMO) and foreign currency swaps, implemented following “a review of current and evolving liquidity conditions,” according...
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Global Headwinds Make Realization Of $2 Tn Trade Target Challenging: DGFT

New Delhi, Mar 5 (KNN) Indian exports are confronting significant challenges amid increasingly aggressive trade policies from major international partners, according to senior trade ministry officials.  In a candid assessment, Santosh Sarangi, head of the Directorate General of Foreign Trade (DGFT), emphasised the critical need for a comprehensive review of India’s trade and industrial strategies...
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A comprehensive list of 2025 tech layoffs

The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re...

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