For global scale banks, EAC-PM seeks mergers

Report’s findings show a significant turnaround in banking efficiency from FY15 to FY26. MUMBAI: A report published by the PM Economic Advisory Council has called for further consolidation of banks to create a few large institutions of similar size without compromising competition, as reforms over the past decade have sharply improved banking efficiency and reduced…

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RBI turns net buyer of dollars in June

Remittances rose 6.5% month-on-month to $2.5 billion in June, nearly 20% higher than a year earlier. MUMBAI: RBI turned a net purchaser of US dollars in June this year, buying $561 million in the spot and over-the-counter market after net sales of $6.1 billion in May and $3.6 billion in June 2025.According to the central…

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BIS, comm min will work to support high-tech industries

Goyal also met a bunch of portfolio investors, including MUFG, Development Bank of Japan (DBJ), Mizuho, Morgan Stanley, Nomuraand Nippon Life. TOKYO: Amid concerns over some certification requirements, commerce and industry minister Piyush Goyal Tuesday said that BIS (Bureau of Indian Standards) and his ministry will work out a framework to support high-tech industries looking…

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Bruno Fernandes wins it ALL: Man Utd captain crowned PFA Player of the Year to seal stunning awards hat-trick | Football News

Bruno Fernandes with his PFA players player of the year award during the PFA Awards 2026 at Manchester Opera House, Manchester, England, Tuesday Aug. 25, 2026. (Peter Byrne/PA via AP) Bruno Fernandes has capped a remarkable 2025-26 campaign by being named the PFA Players’ Player of the Year, completing a personal clean sweep of the…

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‘Erling Haaland leaving Man City one day is inevitable’: Ex-Man City star predicts when striker could push for exit | Football News

Manchester City’s Erling Haaland warms up prior to the English Premier League soccer match between Manchester City and Bournemouth in Manchester, England, Sunday, Aug. 23, 2026. (AP Photo/Dave Thompson) Erling Haaland’s future at Manchester City may be secure for now, but one former City midfielder believes the Norwegian’s long-term stay at the Etihad should not…

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Former Man Utd star and pundit warns Neymar-Messi reunion will turn MLS into ‘even more of a circus’ in scathing attack | Football News

Santos’ Neymar (AP Photo/Andre Penner) Neymar‘s potential move to Inter Miami has been framed as the perfect opportunity for another reunion with Lionel Messi and Luis Suarez, but one former Premier League and Serie A forward believes the move could expose a bigger problem within Major League Soccer.Giuseppe Rossi, the former Manchester United and Villarreal…

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Asian Games boxing selection twist: Sumit Kundu returns after Ministry intervention, Deepak Punia back in reserve | Boxing News

NEW DELHI: In yet another bizarre twist to India’s Asian Games boxing selection, Sumit Kundu has retained his place in the men’s 70kg squad despite losing a fresh trial to Deepak Punia, who has now been relegated to reserve.The sports ministry’s final Indian contingent list has named Kundu in the 11-member boxing team — six…

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