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
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
SpaceX shares rise 11% in strong Nasdaq debut after $75 billion IPOSpaceX shares surged on their Nasdaq debut, valuing the company at nearly $1.96 trillion. This historic Initial Public Offering made Elon M...
12 Jun, 2026, 11.36 PM IST
Warburg Pincus to acquire Japan's J.S.B. in over $1 billion deal, source saysUS private equity firm Warburg Pincus is preparing to buy Japanese student housing provider J.S.B. The deal is valued at over one billion d...
12 Jun, 2026, 03.53 PM IST
Higher crude prices fuel bank lending boom; credit growth hits 17.7%, fastest since June 2024Bank lending saw its fastest growth in almost two years by May 31, 2026. Credit expanded significantly, reaching Rs 215.2 lakh crore. This ...
12 Jun, 2026, 01.06 PM IST
Former Paisabazaar CEO Naveen Kukreja eyes $9-million raise for new wealthtech betFormer Paisabazaar CEO Naveen Kukreja is reportedly seeking $9 million for his new wealthtech startup, aiming to build a platform for retai...
12 Jun, 2026, 06.00 AM IST
Tieups with higher per capita income nations beneficial to all: Piyush GoyalIndia's partnerships with wealthier nations offer mutual benefits. This strategy leverages India's young talent and competitive costs with ...
12 Jun, 2026, 12.05 AM IST
Issues related to India-EFTA trade pact implementation may figure during Piyush Goyal's Switzerland visitCommerce Minister Piyush Goyal visits Switzerland this week. He will discuss issues related to the India-EFTA free trade agreement. The agr...
11 Jun, 2026, 07.10 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
Prime Litmus Investment Management launches real estate opportunities fund, a Category II AIFPrime Securities has launched the Prime Litmus Real Estate Opportunities Fund, a Category II AIF targeting Rs 750 crore with a Rs 250 crore...
11 Jun, 2026, 12.59 PM IST
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
10 Jun, 2026, 05.21 PM IST
Carlyle seeks banks for India IPO of healthcare RCM providerCarlyle has sought investment bank pitches for a potential India IPO of its healthcare revenue cycle management platform created through th...
10 Jun, 2026, 04.02 PM IST
FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
10 Jun, 2026, 09.31 AM IST
India's Gen Z associates Israel with defence, military strength: SurveyA new survey reveals that nearly half of young urban Indians associate Israel with defense and military strength, while a majority perceive...
09 Jun, 2026, 10.56 PM IST
Tata Group units plan bond sales after year-long gap, bankers sayTwo Tata Group infrastructure units, Tata Steel and Tata Projects, are poised to re-enter the corporate bond market after a 15-month hiatus...
09 Jun, 2026, 09.15 AM IST
Love samosa, pakoras and vada pav? FSSAI issues fresh warning on newspaper-wrapped street snacks. Here's why it could be riskyIndia's food safety regulator, FSSAI, has reissued a stern warning against using newspapers for wrapping, serving, or storing food like sam...
07 Jun, 2026, 12.36 PM IST
'Mumbai takes it back quietly': Investment banker reveals Rs 1.3 lakh monthly expenses with no vacations, sparks debate on savingsAn investment banker in Mumbai revealed a monthly expenditure of Rs 1.3 lakh, excluding vacations, for basic living expenses in Worli. This...
07 Jun, 2026, 10.49 AM IST