Dollar on back foot as US yields, crude prices dip; Aussie buoyed by hawkish RBAThe US dollar is facing downward pressure with both Treasury yields and crude oil prices on the decline. Meanwhile, the Australian dollar i...
21 Oct, 2026, 07.36 AM IST
IDBI Bank sale to Fairfax enters final lap, RBI nod now key: DIPAMThe strategic sale of IDBI Bank to Canada’s Fairfax Financial Holdings is expected to be completed by the end of FY27, subject to RBI appro...
19 Oct, 2026, 04.15 PM IST
Looking to ride India boom over next decade with IDBI Bank, says Fairfax chief Prem WatsaPrem Watsa, chairman of Fairfax Financial, has acquired a major stake in IDBI Bank, emphasizing India's economic growth potential. He belie...
19 Oct, 2026, 04.14 PM IST
Canada's Warren Buffett bets his billions on India. What does he see?Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...
19 Oct, 2026, 04.13 PM IST
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
IDBI Bank Q2 net profit slides 39% to 2,205 croreIDBI Bank witnessed a substantial 39% drop in net profit for the September quarter, primarily driven by decreased non-interest earnings. Th...
18 Oct, 2026, 09.52 AM IST
IDBI Bank Q2 net profit falls 39% to Rs 2,205 crore on lower other incomeIDBI Bank reported a 39% year-on-year decline in Q2 FY27 net profit to Rs 2,205 crore, mainly due to the absence of a one-time Rs 1,699 cro...
17 Oct, 2026, 03.41 PM IST
Canada may raise immigration levels as population growth hits lowest since WWIICanada's Immigration Minister Lena Diab has signalled a possible increase in immigration levels as population growth hits its lowest rate s...
17 Oct, 2026, 11.58 AM IST
India's agriculture sector can benefit from Canadian fertilisers, Fairfax keen to expand investments: Canada Trade MinisterIndia could gain significant agricultural advantages from Canadian fertilisers and potash to enhance crop yields. Recent agreements between...
17 Oct, 2026, 10.27 AM IST
- India & Canada aim to close trade deal before Modi visit
"We are hoping to get there. We have another round of negotiation, as I mentioned, on November 9 back in New Delhi. So, I'll be bringing my...
17 Oct, 2026, 06.23 AM IST
Bank deposits hit record $3 trillion in September, boosted by dollar deposits schemeIndia's banking system deposits hit a record high, reaching approximately 284 trillion rupees by September 2023. The increase was primarily...
15 Oct, 2026, 04.44 PM IST
Supreme Court upholds Bombay HC ruling quashing YES Bank's Rs 8,415 crore AT1 bond write-offThe Supreme Court has confirmed the Bombay High Court's verdict that invalidated YES Bank's write-off of AT1 bonds totaling Rs 8,415 crore,...
15 Oct, 2026, 03.47 PM IST
Fairfax plans to fold IIFL Capital, Digit into IDBI Bank after Rs 52,878 crore India dealFairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5....
15 Oct, 2026, 02.32 PM IST
'INDI alliance parties ruined PSBs': Sitharaman responds to Akhilesh's 'Season End Sale' remarks on IDBI-Fairfax dealFinance Minister Sitharaman criticized Akhilesh Yadav's remarks about the IDBI Bank's sale to Fairfax Financial Holdings. She accused Yadav...
14 Oct, 2026, 10.31 PM IST
Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister SidhuCanada's Minister of International Trade has noted the investment potential between Canada and India in infrastructure development. Followi...
14 Oct, 2026, 09.34 PM IST
Modi govt’s 13 strategic disinvestments in 10 yearsThe Modi government is set to sell a 60.72% stake in IDBI Bank for ₹52,878 crore. This sale will surpass previous disinvestment efforts, ma...
14 Oct, 2026, 08.54 PM IST
Canada aims to seal India trade pact by year-end amid push to diversify tiesCanada aims to finalize a Comprehensive Economic Partnership Agreement with India by the end of this year. Foreign Minister Anita Anand emp...
14 Oct, 2026, 08.35 PM IST