Rupee rises 58 paise to 94.60 against US dollar in early tradeThe Indian Rupee strengthened significantly against the US Dollar on Monday. This surge followed the announcement of a peace deal between t...
15 Jun, 2026, 09.56 AM IST
Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflowsIn an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...
13 Jun, 2026, 11.32 AM IST
Dollar steadies, set for weekly loss on US-Iran deal talksThe dollar steadied but eyed a weekly loss as Middle East peace talks and SpaceX's massive IPO dominated market attention. The euro edged h...
13 Jun, 2026, 11.03 AM IST
Elon Musk net worth tops combined wealth of next 4 billionaires after historic SpaceX debutSpaceX’s blockbuster stock market debut propelled Elon Musk’s net worth above $1 trillion for the first time. Strong investor demand pushed...
13 Jun, 2026, 09.32 AM IST
UAE to unlock billions of dollars for Iran, sources sayUS-Iran war: The United Arab Emirates is set to release billions of dollars to Iran. This move follows weeks of Iranian attacks on the UAE....
13 Jun, 2026, 01.11 AM IST
RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...
13 Jun, 2026, 12.34 AM IST
What Elon Musk's trillion would mean in real termsElon Musk is poised to become the world's first trillionaire. This unprecedented wealth accumulation follows the market debut of his compan...
12 Jun, 2026, 08.14 PM IST
Top Indian state lenders eye first dollar bonds since RBI subsidy, sources sayState Bank of India and Bank of Baroda are stepping into uncharted territory as the inaugural users of the Reserve Bank of India's fresh su...
12 Jun, 2026, 02.37 PM IST
RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD depositsBanks are aggressively increasing interest rates on NRI dollar deposits. This move follows a special RBI dispensation to boost foreign curr...
12 Jun, 2026, 12.29 PM IST
Banks raise NRI deposit rates to draw dollar inflowsIndian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...
11 Jun, 2026, 09.02 PM IST
India sees $3 billion debt fundraising rush as yields slump after RBI moves, bankers sayIndian companies are actively raising short-term debt. This surge follows central bank actions that significantly reduced borrowing costs. ...
11 Jun, 2026, 05.49 PM IST
Rupee to average around 96/USD in FY27; risks from oil, dollar persist: Motilal OswalThe Indian rupee is projected to average around 96 against the US dollar in FY27. However, this outlook faces potential challenges includin...
10 Jun, 2026, 01.38 PM IST
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...
10 Jun, 2026, 01.26 PM IST
India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
08 Jun, 2026, 06.13 PM IST
RBI ramped rupee defense to record before government bazookaThe Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...
08 Jun, 2026, 04.44 PM IST
AI-driven data centre demand far outstrips supply despite record hyperscaler spending: JefferiesGlobal demand for data centres continues to significantly outpace available supply, creating a structural shortage that is expected to pers...
08 Jun, 2026, 10.33 AM IST
China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
08 Jun, 2026, 08.57 AM IST