The White House | Image: AP The Trump administration is implementing a revised strategy to influence higher education institutions across the United States. This new approach shifts from previous threats of budget cuts to providing financial incentives aimed at encouraging schools to adopt policies favored by the administration. This strategic pivot comes on the heels…
Bombay High Court Dismisses Anil Ambani’s Plea Against SBI’s Fraud Classification The Bombay High Court has recently rejected a legal challenge brought forth by prominent industrialist Anil Ambani, who contested a decision made by the State Bank of India (SBI) in June 2025. This decision categorized Ambani’s loan account as “fraud,” a significant classification that…
Reserve Bank of India | Image: Republic Business The Reserve Bank of India (RBI) has unveiled the findings from its 33rd quarterly Bank Lending Survey (BLS), which assesses the credit demand and lending conditions among scheduled commercial banks. This survey, which focuses on the second quarter of the fiscal year 2025-26, indicates a sustained optimism…
On Thursday, the White House issued a stark warning about the potential ramifications of the ongoing government shutdown, indicating that “thousands” of federal employees could face job losses if the impasse continues. This announcement follows the federal government’s entry into a partial shutdown after lawmakers failed to reach a funding agreement by the midnight deadline…
RBI’s new Continuous Clearing and Settlement in Cheque Truncation System speeds up cheque processing | Image: Freepik Beginning tomorrow, October 4, 2025, the Reserve Bank of India (RBI) is set to implement a revolutionary approach to the cheque clearing process nationwide. If you’ve ever deposited a cheque and experienced an anxious wait for the funds…