Russia
Russia widens its tax net as war spending drains financial buffers
Mining profits, investment income, online imports and foreign-company assets are targeted as the budget deficit exceeds revised plans.
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7 dispatches found
Results for “Central Banks”
Russia
Middle East
Iran's rial falls to new low as central bank offers up to $2 billion
The currency weakened beyond 2.68 million rials per dollar as sanctions, the naval blockade and inflation above 70% drove demand for hard currency and gold despite a state-bank intervention.
India
RBI moves to align loan-rate rules across banks and non-bank lenders
The proposed framework could require recognized benchmarks and fixed reset schedules for floating-rate loans, narrowing the pricing discretion of NBFCs while making policy-rate changes more visible to borrowers.
India
India moves to dismantle tax barriers for offshore funds managed onshore
A 2026 tax amendment would scrap investor-count, concentration and minimum-corpus tests for eligible offshore funds, unify treatment inside and outside India's financial services center and extend a broader drive to attract foreign capital.
Europe
EU expands sanctions on Russian energy, finance and crypto networks
The European Union adopted a 21st sanctions package against Russia, widening restrictions across banking, crypto services, oil revenues, the shadow fleet, military supply chains and trade channels linked to Moscow's war economy.
Russia
EU Moves Forward With New Russia Sanctions and Extended Oil Price Cap
European Union governments reached a political agreement on a new sanctions package against Russia, extending the oil price cap for 12 months and adding restrictions aimed at banks, crypto platforms, oil trading channels and supply networks linked to Moscow's war effort.
Oceania
New Zealand Dollar Gains Favor After Central Bank Rate Increase
The New Zealand dollar drew renewed attention after the Reserve Bank of New Zealand lifted its official cash rate to 2.50%, reinforcing expectations that monetary tightening may continue as policymakers seek to bring inflation back toward target.