First ever crude oil transaction in local currency undertaken between India and UAE

Aug 14, 2023

This is India’s first-ever LCS and is expected to reduce transaction costs and time and increase reliance on local currencies. This will further add...

Embedded finance can drive next phase of financial innovation, inclusion in India: ORF Report

Jan 01, 2026

Embedded finance has the potential to emerge as a cornerstone of India's next phase of financial sector innovation and inclusion, helping democratise access to...

Israel: New program expected to reduce home mortgage costs

Mar 18, 2024

The ministry called this "an important step aimed at removing barriers to the entry of additional players into the housing credit market."

IMF rejects Pakistan FBR's request to reduce transaction taxes for property sector

Mar 24, 2025

The International Monetary Fund (IMF) has rejected Pakistan's Federal Board of Revenue's (FBR) request for reducing transaction taxes for the property sector for the...

PAN 2.0 project to reduce costs for fintech companies: experts

Nov 26, 2024

The implementation of the PAN 2.0 project, announced on Monday by the Centre, is expected to lower costs for fintech companies, according to industry...

Gadkari launches India's first CNG tractor to reduce fuel costs

Feb 12, 2021

New Delhi [India], February 12 : Union Minister for Road Transport and Highways Nitin Gadkari on Friday launched country's first-ever diesel tractor converted to...