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BILATERAL CURRENCY SWAP AGREEMENT
India ties to be stable through political transitions, says UK's AI ministerKanishka Narayan, the India-born Minister for Artificial Intelligence (AI) in Starmer's top team, addressed the inaugural India All Party P...
Indian issuers hold dollar bond plans amid demand for higher yieldsIndian issuers, including SBI and BoB, have paused dollar bond plans as investors demand higher yields amid rising supply expectations from...
Indian ambassador Kwatra meets senior US defence official Elbridge ColbyIndia's Ambassador to the US, Vinay Mohan Kwatra, met with senior US defence official Elbridge Colby at the Pentagon. Their discussion cent...
Donald Trump may visit India early next year, hope to finalise trade deal soon, says Marco RubioUS Secretary of State Marco Rubio revealed plans for President Donald Trump's visit to India early next year, highlighting strengthening In...
Banks' credit steady at 17.7%, deposits ease to 12%: RBIBank credit growth stayed steady at 17.7% for the fortnight ended June 15, unchanged from the previous period, while deposit growth eased s...
Reserve Bank of India issues final rules on credit derivativesThe rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without an...
Political will driving India-US trade deal, says ex-diplomatIndia and the US are making significant progress on their trade deal, with both sides expressing optimism about sealing an interim pact soo...
Goyal heads to UK ahead of India-UK trade pact rolloutCommerce Minister Piyush Goyal's UK visit from June 25-27 precedes the July 15 implementation of the India-UK CETA and Double Contribution ...
India, US inch closer to interim trade pact after fresh talksIndia and the US are nearing an interim trade deal, with both nations reporting significant progress in recent negotiations. Commerce Minis...
Goyal heads to UK ahead of India-UK trade pact rolloutIndia's Commerce Minister Piyush Goyal is set to visit the UK from June 25-27 to finalize crucial trade agreements, including the Comprehen...
Bank of India eyes $3.5 billion foreign currency inflows on RBI's dollar pushBank of India aims to raise approximately $3.5 billion through foreign currency deposits and overseas borrowings, leveraging recent RBI mea...
India, US move closer to interim trade deal after Goyal-Greer talksIndia and the United States have made significant headway in their Bilateral Trade Agreement negotiations, with both nations expressing str...
Rupee cushioned by central bank hand even as dollar strength dents Asia FXThe Indian rupee defied regional weakness on Wednesday, supported by likely Reserve Bank of India intervention against a strengthening doll...
Indian-American lawmakers urge diaspora to enter politics amid rise in anti-India sentimentIndian-American lawmakers are urging the diaspora to actively participate in public life and contest elections to counter rising anti-India...
Banks can offer loans for FCNR (B), rebook deposits, RBI clarifiesIndian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...
RBI clarifies FCNR(B) loan, SBLC eligibility under swap schemeIndian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...
Rupee flat as traders mull Fed rate path, keep eyes peeled for flow cluesThe Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Res...
India, US trade deal can't be implemented until we have 'competitive advantage': Piyush GoyalCommerce and Industry Minister Piyush Goyal on Saturday said India cannot implement the proposed trade agreement with the United States unt...
South Indian Bank raises FCNR deposit rate to 6.5 pc after RBI swap windowSouth Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...
PM Modi, Trump to discuss West Asia crisis, energy partnership, trade deal on sidelines of G7 Summit: SourcesPrime Minister Modi and President Trump are set to discuss West Asia tensions, the Strait of Hormuz, and a bilateral trade agreement during...