European concerns about economic sovereignty have intensified the search for a pan-European payments network independent of US-headquartered card schemes.
Tag: Financial
FII Sector-Wise Outflows from Financial Stocks Reach Rs 23141 Crore in May 2026
Foreign institutional investors continue to pull money from India’s banking sector amid global uncertainty and rising inflation concerns.
India: SC Holds That Financial Documents Created After Filing a Suit Cannot Prove Prior Readiness to Perform Contract
In a property law ruling the court found evidence submitted retroactively cannot establish the plaintiff met their contractual obligations before the suit.
Indian Banks Ordered to Remain Open Through Financial Year-End for Government Transactions by RBI
The Reserve Bank of India directed all scheduled commercial banks to remain operational through the financial year-end to facilitate government financial transactions without disruption.
Worldclear Financial Services Firm Exposed for Processing Sanctioned Entity Payments
A leaked internal data set from Worldclear showed the financial services firm processed payments for sanctioned clients including parties linked to illicit financial activity across borders.
Worldclear Financial Services Firm Processed Payments for Sanctioned Clientele Leak Shows
A leak from inside a financial services provider called Worldclear revealed the firm processed payments for clientele including sanctioned entities in a new OCCRP financial investigation.
India-EU Financial Links Deepen as Eurobank Greece Opens Mumbai Representative Office
Eurobank Greece opened its Mumbai representative office marking a new chapter in India-EU banking ties and signalling increased European financial interest in India’s growth markets.
Financial Markets Show Layers of Concern Over Iran Conflict Rising Oil Prices and Inflation
Stock and bond markets are showing increasing stress as the US-Iran conflict and oil price hikes raise inflation fears