RBI may extend lending to NBFCs, MFs during crises

The Reserve Bank of India is contemplating expanding its role as lender of last resort to include NBFCs, mutual funds, and microfinance institutions during extreme liquidity crunches. This consideration stems from increased interconnectedness within the financial system and the potential…

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Trump says US wants to make tanks, not T-shirts

Donald Trump stated his tariff policy focuses on boosting domestic production. He emphasized manufacturing military equipment, AI technology, chips, computers, tanks, and ships. Trump clarified the policy isn’t about producing sneakers or T-shirts. He revived trade rhetoric, pushing for tariffs…

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