Non-banking finance companies (NBFC) can now factor in DLGs when setting aside buffers for potential loan losses, provided the guarantee forms an integral part of the loan arrangement, the RBI said last week.
The Reserve Bank of India is seeking input from banks to streamline overseas investment rules. This move aims to simplify procedures and ease compliance hurdles for Indian companies. Discussions are underway to address practical challenges and ambiguities in the current framework. The central bank is looking to clarify regulations and facilitate smoother outbound investments for businesses and individuals.
At least 250 union members from United Steelworkers Local 7-1, of which BP is a part, and other union members and supporters gathered at Amoco Park on 129th Street and, signs in hand, marched to the corner in front of the refinerys so-called Glass Houses and lined up along Indianapolis Boulevard in a river of black, blue and gold. BP workers on duty laid on their horns in solidarity as they drove by in company trucks; a few even held up signs behind the gates.
Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the looming deadline, start getting organized as soon as possible.
Indias recent trade agreements signal a strategic shift toward competitiveness-led global integration. By improving tariff parity and market access with major economies, India is strengthening export visibility, funding its current account deficit sustainably, and positioning itself as a key participant in global manufacturing and services supply chains.
On the other hand, geopolitical risks are still high. Global risk indicators continue to show heightened concerns around interstate tensions and geoeconomic confrontation through 2026. Such uncertainty can keep volatility high in commodity marketseven if spot prices are taking a breather.
