FCNR(B) hurdle: Singapore holds ground on withholding taxGiven the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basi...
31 Jul, 2026, 01.12 AM IST
RBI sold about $7 billion to defend rupee on FridayIndia's central bank sold approximately $7 billion to defend the rupee. The Reserve Bank of India intervened across markets as the currency...
30 Jul, 2026, 02.25 PM IST
FCNR(B) surge: Inflows through special window to ease banks’ liquidity pressureIn the first quarter of FY27, revised liquidity coverage ratio (LCR) norms came into effect, reducing the assumed run-off rate on deposits ...
30 Jul, 2026, 12.58 AM IST
Higher crude oil prices could hit India's fiscal health, finance ministry saysIndia's finance ministry warns of rising crude oil prices impacting fiscal and trade balances. Persistent geopolitical tensions in West Asi...
29 Jul, 2026, 06.28 PM IST
In 1989, a Japanese oyster farmer began planting trees in the mountains to save his dying bay; the river cleared, and marine life returnedJapanese oyster farmer Shigeatsu Hatakeyama restored his bay by planting trees. Healthy forests upstream provided essential nutrients for o...
29 Jul, 2026, 03.38 PM IST
Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
29 Jul, 2026, 08.21 AM IST
Canara Bank to frontload ECL provisioning, plans ₹8,000 cr capital raiseCanara Bank will frontload expected credit loss provisioning within two years. The bank revised its provisioning projections upward to ₹12-...
29 Jul, 2026, 12.46 AM IST
HSBC wins $5.5 billion of NRI deposits via leveraged strategyHSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...
28 Jul, 2026, 11.24 AM IST
Nifty could deliver low-teen returns as earnings drive next leg of bull market: Anand Rathi AMCThe June-quarter earnings season has now begun, and we will be tracking this closely as results come in, with more insights to follow throu...
28 Jul, 2026, 11.21 AM IST
Cancer, Leo, Virgo Horoscope Today for July 28, 2026: Leadership, Family Happiness and Rewarding Career GrowthYour Daily Horoscope Today highlights workplace dominance, breakthrough creative ideas, and domestic asset investments. Aligning with these...
28 Jul, 2026, 11.01 AM IST
Protium in advanced talks to buy Clix Capital; Rs 1,900-2,200 crore valuation likelyProtium Finance is nearing a deal to acquire Clix Capital for approximately Rs 1,900-2,200 crore. This acquisition aims to expand Protium's...
27 Jul, 2026, 07.49 AM IST
Global wheat rally revives India's export prospects as government allows 5 million tonnes of wheat exports after a four-year banWith global wheat prices soaring, Indian wheat stands to benefit from new export avenues. India, possessing ample wheat reserves, has set t...
27 Jul, 2026, 12.04 AM IST
Who is funding America's widening debt with the rest of the world?Foreign capital is flowing into Wall Street due to the AI revolution. This influx is increasing scrutiny on America's persistent external d...
24 Jul, 2026, 12.54 PM IST
Trump's 200% generic drug tariff threat puts $9.7 billion Indian pharma exports at risk; industry says reshoring not practicalUS President Trump's proposed tariffs on imported generic drugs will not immediately affect Indian drugmakers. Indian companies export sign...
23 Jul, 2026, 10.16 AM IST
InMobi appoints JPMorgan, Jefferies for nearly $1 billion IPOThe SoftBank Group Corp.-backed firm is likely to seek a valuation of $5 billion to $6 billion in a share offering, Bloomberg News reported...
21 Jul, 2026, 10.41 PM IST
Cause for concern? HDFC Bank is lagging ICICI Bank where it matters as investors count Rs 5 lakh crore lossHDFC Bank's stock has declined significantly this year, losing considerable investor value. Analysts note a widening operating gap between ...
21 Jul, 2026, 09.50 AM IST
India’s private lenders bet on corporate loan revival for growthIndian banks report robust loan growth driven by corporate demand. Companies are shifting from expensive bond markets to cheaper bank borro...
19 Jul, 2026, 12.19 PM IST