Category: Business

Indian Insurance Stocks Plummet Following Proposed Regulatory Reforms

Indian Insurance Stocks Plummet Following Proposed Regulatory Reforms

Shares of life insurance companies, bancassurance-linked lenders, and non-banking financial companies suffered a severe sell-off on Thursday, sliding by up to 20 per cent during intra-day trading on the Bombay Stock Exchange (BSE). The sudden market decline across the financial sector followed a regulatory proposal aimed at imposing stricter expense limits and revising commission structures […]
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Bangladesh Bank Extends Debt Rescheduling Deadline for Raw Jute Exporters

Bangladesh Bank Extends Debt Rescheduling Deadline for Raw Jute Exporters

Bangladesh Bank has extended the deadline for raw jute exporters to apply for loan rescheduling by an additional three months, offering crucial financial relief to a sector grappling with lingering trade disruption and operational strains. Under the revised directive, affected exporters now have until 30 September 2026 to submit their applications to their respective commercial […]
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India Ties Fresh Funding to Revival of Three State Insurers

India Ties Fresh Funding to Revival of Three State Insurers

India’s central government is preparing a new revival strategy for three loss-making state-owned general insurers, with future financial support set to depend on measurable improvements in their operations and financial performance. The companies — National Insurance Company Ltd (NICL), Oriental Insurance Company Ltd (OICL) and United India Insurance Company Ltd (UICL) — have received substantial […]
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Bangladeshi aTaka Foreign Exchange Rates for Major Currencies

Bangladeshi Taka Foreign Exchange Rates for Major Currencies

Global trade channels continue to expand across South Asia, driving consistent demand for international currency conversion as domestic enterprises process foreign commercial transactions and cross-border settlements. According to financial figures released by Bangladesh Bank on Tuesday, 22 September 2026, the Bangladeshi taka maintained steady positions against key reserve currencies and regional trading partner units. In […]
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