Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Fed ‘Will Do What We Need to Do’ on Inflation, Kashkari Says

Federal Reserve Bank of Minneapolis President Neel Kashkari sees the US economy growing and is surprised by its resilience “in the face of tariffs and the conflict in Iran." He says on “Bloomberg Surveillance” that the central bank “will do what we need to do to get inflation back down to our target.” (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – The Industrial Co-operative Bank Ltd., Guwahati – Extension of period

The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Industrial Co-operative Bank Ltd., Guwahati vide Directive…

  • Reserve Bank of India extends Directions under Section 35A for Industrial Co-operative Bank Ltd.
  • Extension applies to Guwahati branch, until January 04, 2027.
  • Decision made public interest, subject to review.

RBI issues Amendment Directions on ‘Simplified approval process for subsequent acquisitions of major shareholding in a banking company by mutual funds, insurance companies and pension funds’

The Reserve Bank, vide Press Release dated July 14, 2026 , had issued the draft "Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights) Amendment Directions, 2026” , seeking…

  • RBI issued draft amendment on July 14, 2026
  • Final Amendment Directions released August 14, 2026
  • Streamlined approval process for major shareholdings

More from Thursday 1 October →