Banks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships a...

Expected FCNR(B) deposit inflows are now projected at fifty to fifty-five billion dollars. Taxation complexities for nonresidents and tight...

Aditya Birla Renewables acquired Sprng Energy's holding company for Rs 17,200 crore. This significant deal catapults the company's generati...

Launchpad for new financing platform that US PE Group is setting up with GIC of Singapore, ICICI Bank. TPG’s investment is being made throu...

Indian IT firms are increasingly embracing debt financing for major acquisitions, a departure from their traditional debt-free approach. Th...

Paddy (rice), the main kharif crop, saw a decline of 25.17% to 2.57 million hectares. Despite the government's push to plant legumes and oi...

Power Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special sw...

A majority of economists polled by ET predict the Reserve Bank of India will hold its policy rate steady at the upcoming June meeting. This...

Avaada Group is raising $800 million to refinance existing debt. This move aims to reduce finance costs before the group's planned public m...

Retail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the R...

The Indian Rupee strengthened against the US Dollar on Monday. This rise followed a global plunge in crude oil prices. The Reserve Bank of ...

Anil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...

Economists estimate the surplus transfer-often referred to as the central bank's dividend to the government-in the range of Rs 2.7 lakh cro...

The Indian rupee weakened on Friday, nearing a record low due to elevated oil prices and rising U.S. bond yields. State-run banks' dollar s...

The Indian rupee hit an all-time low, driven by high oil prices and portfolio outflows straining the economy. Policymakers are considering ...

Three out of twelve economists anticipate the Reserve Bank of India will raise policy rates this fiscal year due to inflation concerns, whi...

With around 2,000 jobs on the line at its troubled investment banking unit here, Barclays has dispatched a team to recruit and train new st...