The Reserve Bank of India and the European Securities and Markets Authority have signed a memorandum of understanding, resolving a two-year dispute over supervisory oversight of India’s central clearing agencies. This agreement facilitates cooperation and information exchange, paving the way for European recognition of Indian clearing houses and potentially enhancing European access to India’s financial markets.
India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead
India’s economy surged by a better-than-expected 7.8% in the March quarter, exceeding forecasts and pushing FY26 growth to 7.7%. This robust performance was driven by
June 6, 2026