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Mumbai: Reserve Bank of India (RBI) has issued draft guidelines for computing banks’ counterparty credit risk (CCR) from derivative transactions and capital requirements for bank exposures to central counterparties to bring it in line with international standards.In draft guidelines the central bank has clarified on the scope of CCR across both banking and trading book exposures and how banks can treat multiple margin agreements and multiple netting sets in line with regulatory developments.The categories of transactions that give rise to CCR are over the counter (OTC) derivatives, exchange-traded derivatives, securities financing transactions, and long-settlement transactions in the banking book. OTC…

Lower gasoline prices and fading tariff effects are likely to nudge U.S. inflation lower by the end of 2026. Source link

New Delhi: The Centre has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) up to August or until guarantees for an amount of ₹20,000 crore are issued.The finance ministry Wednesday said the maximum loan amount capped to large-sized NBFC-MFIs and MFIs has been increased to ₹1,000 crore from ₹300 crore under the overall ceiling of 20% of assets under management (AUM).”Extension in validity and increase in maximum loan amount capped to large-sized NBFC-MFIs/MFIs are expected to result in better utilisation of the scheme and facilitate increased credit flow to the MFI sector,” the ministry noted in its statement.It added…

President Donald Trump on Wednesday said two U.S. Army aviators “got very lucky” after an AH-64 Apache attack helicopter was downed by Iran over the Strait of Hormuz, emphasizing that American retaliation for the incident is not over. Speaking to reporters in the Oval Office, the president declared, “We hit them hard yesterday and we’re going to hit them hard again today.”Trump initially claimed in a Truth Social post on Tuesday that Iran had shot down the aircraft, before revising his account a day later to say it was struck by an Iranian ordnance that failed to detonate on impact.“That…

The government condemned a US attack on a commercial vessel off the coast of Oman on Wednesday that left 3 Indian crew members missing, while also officially lodging a protest with the US embassy here. There were 24 Indian seafarers onboard the Palau-flagged Settebello, which was struck by precision munitions while transiting the Gulf of Oman, out of which 21 have been rescued.It is learnt that the Ministry of External affairs (MEA) additional secretary (Americas) Nagaraj Naidu summoned US charge d’affaires Jason Meeks and delivered a formal demarche protesting what was the second attack in the past few days by…

NEWYou can now listen to Fox News articles! The seven-time felon accused of gunning down a Chicago police officer returned to court Wednesday to enter a plea in the fatal shooting. Alphanso Talley, 27, pleaded not guilty to charges stemming from the fatal shooting of Chicago Police Department (CPD) Officer John Bartholomew, 28, inside an Illinois courtroom Wednesday morning.Bartholomew’s loved ones were in attendance at the arraignment, along with Talley’s mother and another member of his family who were seated in the front row. As Talley was escorted out of the courtroom, he yelled, “Go hug my momma,” prompting another man to…

3 min readNew DelhiJun 10, 2026 10:53 AM IST The Directorate of Technical Education (DoTE), Tamil Nadu, is set to publish the Tamil Nadu Engineering Admissions (TNEA) random number today, on June 10. Eligible candidates can access and download their respective random numbers from the official portal at tneaonline.org, once they are released. Candidates seeking admission to engineering colleges across the state can be advised to check it to avoid any discrepancies later in the process. The 10-digit unique random number serves as a tie-breaking mechanism in the TNEA ranking process, primarily operating as the final tie-breaker when the standard…

Reboot is a dirty word when it comes to TV. Very rarely does a remade show receive its due.While “Voltron” might never have had the same impact on pop culture as the likes of “Mighty Morphin Power Rangers”, “Transformers,” or “He-Man and the Masters of the Universe”, it has a passionate fanbase that remains precious about the original animated series that debuted during the peak of cartoon-mania in the ’80s to this day. So much so that all attempts to reboot it have been met with shoulder shrugs – bar one show.On June 10, 2016, “Voltron: Legendary Defender” debuted on…

Death casts a shadow over life, not only for people but also other animals, plants and entire ecosystems. In some ways, the phenomenon is well known. A fallen tree sprouts a plethora of mushrooms while also hosting ants, beetles and the creatures that feast on them. But a new paper argues that these forces play important yet poorly understood roles in nearly all ecosystems, with the remnants of certain species exerting significant influence long after they die. The study, published Wednesday in Science Advances, claims to be “the first continental-scale assessment of how live foundation species are influenced by their…

MJF has been the top heel of All Elite Wrestling. He has been reigning as the AEW World Champion, with total domination in the division. Recently, a WWE veteran talked about how he could have played a crucial role in a major name’s comeback in All Elite Wrestling. Former WWE manager Jim Cornette recently talked about MJF and Will Ospreay. He gave his thoughts on how Tony Khan and his crew could have framed a much more compelling storyline for The Ariel Assassin’s comeback to the Jacksonville-based promotion. Originally, Ospreay made his return to the company at Revolution pay-per-view by…