Reliance Industries to raise Rs 12,500 crore via five-year bondsIn a significant financial maneuver, Reliance Industries aims to secure ₹12,500 crore via a five-year bond issuance, orchestrated by Indian...
Oracle begins new round of layoffs: Logins stopped by 4 a.m., Slack disconnected by 5:30 a.m., then came the dreaded ‘6 a.m. email’; more job cuts likely in IndiaOn September 14, Oracle commenced yet another wave of considerable layoffs, revealing a stringent approach to workforce management. Notific...
Private banks’ profit margins recover as FCNR(B) inflows ease deposit funding pressureIndia’s private banks saw fresh lending spreads widen sharply in July as FCNR(B) inflows improved liquidity and reduced reliance on expensi...
Indian banks move AI into production, but scaling remains a challenge: ZetaIndian banks are now deploying artificial intelligence in production across various functions. Scaling these AI deployments faces significa...
Short-term rates ease as banks see surge in dollar depositsLarge banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boost...
In 2025, First Solar began production at a 2.4-million-square-foot Louisiana plant. 1 year later, it can turn raw glass into 12 finished panels every minuteA massive Louisiana solar panel factory operates independently of new import tariffs. This plant produces panels using a unique cadmium tel...
ETMarkets Smart Talk | Bonds aren’t boring: Where Devang Shah sees the best fixed-income opportunitiesAt the same time, the RBI remains watchful of risks from geopolitics, crude oil prices and global monetary policy developments.
Japan's newest five-star hotel was once a jail for 109 years. Here's how much one night stay costs hereA former juvenile prison in Nara, Japan, built in 1908 and used until 2017, has been transformed into a five-star Hoshinoya hotel. Around 5...
RBI may stay nimble on rates as growth is seen slowing to 6.6%: ReportCrisil reports India's growth may slow to 6.6 percent this fiscal year. Foreign portfolio investor inflows improved significantly in July, ...
SBI Chairman Setty rules out asset quality stress in Q1, says seasonality distorts sequential NPAsState Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupe...
$32 billion inflows from India's forex drive yet to boost rupeeIndia's special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupe...
Macroeconomic fundamentals of Indian economy remain strong amid global challengesIndia's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...
FCNR inflows may reduce banks' reliance on CD market in Q2 FY27: ReportForeign currency deposits may reduce bank reliance on certificate of deposit issuances. Strong credit growth will continue to support certi...
Indian banks slash short-term debt sales on cheaper forex fundingIndian banks are significantly reducing their reliance on short-term debt sales, known as certificates of deposit (CDs). This shift is driv...
Your CD is maturing soon? The costly mistake savers make, and 3 better optionsMany savers forget to act when their certificate of deposit (CD) reaches maturity. This can lead to an automatic renewal with a lower inter...
Top CD rates today to lock in over 4% APY: Here’s where smart savers are moving their moneyBest CD rates today: Deposit account rates are drifting lower, but savers can still lock in strong returns with Certificates of Deposit (CD...
- Year-end spike in CD rates may face scrutiny
In March this year, interest rates on CDs shot up from 10.5% to nearly 12% as banks made desperate attempt to garner deposits.