India Posts $13.5 Billion Current Account Surplus in Q4 FY25: The country reported a current account surplus of $13.5 billion equivalent to 1.3% of GDP for the fourth quarter of FY25, according to data released by the Reserve Bank of India (RBI). This marks a stark reversal from the $11.3 billion deficit recorded in the […]
Day: June 28, 2025
Parag Jain Appointed as New RAW Chief
Parag Jain Appointed as New RAW Chief: Senior IPS Officer Parag Jain has been appointed as the new Chief of the Research and Analysis Wing (RAW), India’s premier external intelligence agency. Jain, who is credited with a critical role in Operation Sindoor—India’s swift and covert response to the Pahalgam terror attack—will assume office following the […]
Sonowal Unveils Sagarmala Finance Corporation to Boost Maritime Financing
Sonowal Unveils Sagarmala Finance Corporation to Boost Maritime Financing: Union Minister Sarbananda Sonowal inaugurated the country’s first Non-Banking Financial Company (NBFC) dedicated to maritime development – the Sagarmala Finance Corporation Limited (SMFCL). The launch marks a significant step in bridging critical financial gaps in the sector and aligns with India’s Maritime Amrit Kaal Vision 2047, […]
JioBlackRock Broking Gets SEBI Nod to Launch Brokerage Operations
JioBlackRock Broking Gets SEBI Nod to Launch Brokerage Operations: JioBlackRock Broking Pvt. Ltd., a subsidiary of JioBlackRock Investment Advisers Pvt. Ltd., has received regulatory approval from the Securities and Exchange Board of India (SEBI) to begin operations as a brokerage firm. The entity is part of a 50:50 joint venture between Jio Financial Services Ltd. […]
