SBI wins two awards at global fin event

MUMBAI: SBI received two awards from Global Finance, New York – World’s Best Consumer Bank 2025 and Best Bank in India 2025 – at the Global Finance awards held during the World Bank and IMF annual meets. The recognition, according to the bank, reflects its progress in digitalisation and financial inclusion. Source link

Read More

India becomes Asia’s new snack supplier: Processed potato exports surge 450%; GTRI credits Gujarat, UP

India’s processed potato exports surge 450% India’s processed potato products are making significant inroads into Southeast Asian markets, hugely driven by demand for snacks and convenience foods, according to a report by Global Trade Research Initiative (GTRI).Exports of dehydrates potato granules and pellets reached $63.3 million in FY2025, jumping from $11.4 million in FY2022. Other…

Read More

Funds sent abroad for studies fall to 8-year low

MUMBAI: India’s outward remittances for overseas education fell 24% year-on-year to about $0.32billion in Aug 2025 from $0.42billion in Aug 2024. The figure was the lowest for Aug since 2017, a month that typically sees higher remittances at the start of the academic season in US.“The 24% fall in education remittances highlights how closely India’s…

Read More

Trump pardons Binance founder: Changpeng Zhao accused of money laundering; crypto billionaire reacts

Changpeng Zhao, left, and US President Donald Trump US President Donald Trump on Thursday pardoned Binance founder Changpeng Zhao, who pleaded guilty of enabling money laundering while leading the cryptocurrency exchange.“President Trump exercised his constitutional authority by issuing a pardon for Mr Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency,”…

Read More