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Yen holds gains after Japan, US confirm joint intervention, signal more actionJapan and the United States intervened jointly to support the Japanese yen currency. This rare action aimed to prevent further declines and...- CCTV cameras were first used to monitor Nazi V-2 rockets: Here's how wartime technology became a global surveillance toolCCTV technology originated in 1942 for monitoring Nazi rocket launches. Early systems lacked recording capabilities, making them impractica...
- RBI sells USD 14.9 bn during Jan-May to check excess volatility in rupeeIn an effort to stabilize the rupee, the Reserve Bank of India sold USD 14.9 billion. Banks are also re-engaging with defaulters to recover...
- SBI, HSBC and ICICI lead India's overseas deposit drive, data showsHSBC, SBI and ICICI Bank emerged as the top beneficiaries of the RBI’s dollar deposit scheme for NRIs, raising $6.14 billion, $4.12 billion...
- NBCC bags contract to build 1,008 affordable homes in SeychellesNBCC India has signed an agreement to construct 1,008 affordable homes. This project is located on Ile Aurore in the Republic of Seychelles...
- Global Market: Euro zone bond yields decline as falling oil prices boost market sentimentEuro zone government bond yields declined after oil prices retreated on hopes of easing Middle East tensions, reducing inflation concerns a...
- Global Market: Japan, US confirm coordinated yen intervention to stem currency slideJapan's finance ministry confirmed that Tokyo and Washington jointly intervened in currency markets to support the yen for the first time s...
- 360 ONE Wealth CEO Yatin Shah targets bigger share of India’s ultra-rich360 ONE WAM Ltd. seeks to grow its market share in India's wealth management sector. The firm currently manages nearly ten percent of the u...
- Government plans to ease forex rule for SEZ services exports to domestic tariff areasThe current provision under Section 2(z) of the SEZ Act, 2005 mandates that proceeds for SEZ to DTA supplies of services must be realised i...
- India sees dollar deposit deluge on FCNR(B) waveFCNR(B) deposits accounted for $36.72 billion of the inflows, exceeding the $26 billion mobilised under a similar scheme in 2013, in less t...
- Rupee gains 30 paise to touch monthly highThe Indian rupee closed at 95.38 on Friday, strengthening significantly. Persistent Reserve Bank of India interventions and lower oil price...
- Supreme Court of the United States asked to freeze $656 million verdict — Why Palestinian authority warns of West Bank falloutPalestinian authorities have asked the US Supreme Court to halt a $656 million judgment. This massive award stems from deadly attacks which...
- Maldives launches Favara-UPI payment service with IndiaMaldives has launched real-time fund transfers to India using UPI. This integration connects Maldives' Favara system with India's popular p...
- Rupee posts strongest week since March on RBI supportThe Indian rupee finished Friday on a strong note, marking its most significant weekly increase since March, thanks to continuous support f...
- Global Market: Euro zone, US bond yields log biggest monthly rise since March on Middle East inflation concernsEuro zone and US bond yields recorded their largest monthly increase since March as Middle East conflict concerns renewed inflation fears. ...
- M3M India to invest Rs 600 cr to build commercial project in GurugramRealty firm M3M India will invest Rs 600 crore for a new commercial project. This project, named M3M Capital Financial Center, will span 1....
- State insurers quote low premiums to win NPCIL nuke insurance coverNuclear Power Corp of India (NPCIL) had budgeted Rs 30.13 crore, including taxes, for insuring Tarapur units 3 and 4 under a one-year prope...
- Bank of England policymakers keep rates on hold but more back hikeThe Bank of England decided to keep its benchmark interest rate steady at 3.75 percent. However, three policymakers have pushed for a possi...
- Rupee ends nearly flat at 95.68 vs USD, wedged between oil swings, RBI interventionOn Thursday, the Indian rupee remained stable, closing at approximately 95.68 against the dollar. The currency faced pressure due to fluctu...
- India 10-year bond yield logs biggest plunge in 2 months as oil rally faltersBrent crude prices fell 4% in the previous session and slumped another 9% in Asian trading after the United States and Iran paused fighting...
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