IDBI Bank shares in focus as Q2 net profit falls 39%; NII tanks nearly 50% YoYIDBI Bank reported a 39% YoY decline in Q2 FY27 net profit, partly due to a one-off gain in the previous year. Despite this, underlying pro...
19 Oct, 2026, 08.57 AM IST
India is now biggest country exposure for Fairfax, we have zero bets on AI: Prem WatsaCanadian billionaire Prem Watsa's bet on IDBI Bank is backed by faith in the Indian economy, he told Mohit Bhalla and Sruthijith KK in a ph...
16 Oct, 2026, 09.16 AM IST
Fairfax must merge CSB or exit one bank within 2 years: DIPAM Secy Arunish ChawlaThe Cabinet Committee on Economic Affairs has approved Fairfax Financial Holdings' acquisition of a majority stake in IDBI Bank. The next s...
16 Oct, 2026, 08.13 AM IST
India's August balance of payments surplus swings to $45.4 billion from $5.6 billion deficitIndia's balance of payments showed a surplus of $45.4 billion in August, despite a current account deficit. Net transfers, which include re...
15 Oct, 2026, 07.22 PM IST
Cabinet clears way for Watsa's Fairfax's Rs 52,878 crore deal for 60.72% stake in IDBI BankFairfax Financial Holdings will acquire a majority stake of 60.72% in IDBI Bank for ₹52,878 crore. This acquisition marks a significant mom...
15 Oct, 2026, 05.30 AM IST
Cabinet approves Rs 52,878 crore IDBI Bank sale to Fairfax arm in India’s largest financial-sector FDIThe Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaish...
14 Oct, 2026, 08.56 PM IST
Rs 5 lakh crore worth FII outflows since 2024 capital gains tax hike wreak havoc on Dalal Street. Is a reversal on the cards?Foreign investors have sold over Rs 5 lakh crore of Indian equities since the 2024 capital gains tax hike, with outflows intensifying in 20...
14 Oct, 2026, 04.17 PM IST
Slow outflows, sure, but inflows? That’s RBI’s real challengeRBI is currently dealing with substantial capital outflows and currency devaluation pressures in the economy. Recent market operations indi...
14 Oct, 2026, 12.54 AM IST
DBS Chief sees overseas confidence in India despite capital outflow concernsDBS Bank CEO Tan Su Shan emphasized the strong demand for FCNR(B) deposits as investor confidence in India. She highlighted India's potenti...
12 Oct, 2026, 12.01 AM IST
DBS CEO cites FCNR(B) success as proof of global faith in India, calls for more FDIDBS Bank CEO Tan Su Shan addressed concerns about capital outflows from India and highlighted strong demand for FCNR(B) deposits. She empha...
11 Oct, 2026, 03.16 PM IST
Rupee headed to 100? How much the psychological red line mattersIndia's rupee has slipped past ₹96 as high US Treasury yields, elevated oil prices and foreign portfolio outflows strengthen the dollar. Th...
05 Oct, 2026, 01.51 PM IST
'US deal could spur further liberalisation'India's economic growth remains strong, with foreign direct investment continuing to show promising figures. Arvind Panagariya emphasizes t...
05 Oct, 2026, 09.16 AM IST
India can't take growth for granted, FinMin warns as global rates rise and investors turn cautiousIndia's economy exhibited robust growth of 7.8 percent in the first quarter of FY27 and is projected to grow 7.3 percent in the next quarte...
01 Oct, 2026, 10.27 AM IST
India faces stiff capital-flow challenge amid global AI, manufacturing raceIndia is confronting significant challenges in attracting capital flows due to the evolving global investment environment. Developed countr...
01 Oct, 2026, 10.22 AM IST
Beyond the 7% headline: S&P maps the forces driving India’s next growth phaseIndia’s economy is set to grow 7% in FY27, according to S&P Global, which sees domestic demand, private investment, manufacturing, trade, e...
30 Sep, 2026, 06.15 PM IST
Forced labour and import: Reading India’s latest foreign trade policy additionsWith this notification in place, India has tried to put a protective layer for the domestic industry from unfair foreign competition.
26 Sep, 2026, 10.20 AM IST
RBI bulletin: India's financial, external sectors continue to draw strength from resilient domestic economyIndia's economy is showing resilience despite global uncertainties and high geopolitical tensions affecting financial markets, RBI's bullet...
25 Sep, 2026, 11.21 PM IST