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CSB Bank Q1 profit jumps 27% YoY to Rs 150 crore as provisions declineCSB Bank reported a twenty-seven percent year-on-year net profit increase for the June quarter. Lower provisions and improved net interest ...
How NRIs, OCIs can get 45% annual return on $1 lakh FCNR (B) deposit as this bank in India offers 19X leverage; Should you go for it?HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy allows investors to borrow up to ...
$17.4 billion flows into FCNR(B) deposits: Which bank offers the best 3-year FCNR(B) FD rateāSBI, PNB, HDFC Bank, ICICI Bank or Canara Bank?Foreign currency deposits have seen significant inflows after a new RBI scheme. Canara Bank offers the highest 3-year FCNR(B) USD fixed dep...
Gold nears two-week high as Fed outlook, Middle East conflict stay in focusGold prices climbed to a two-week high amid technical buying and Middle East tensions. Investors await the Federal Reserve meeting for inte...
Inside IndiGo's succession plan: Rahul Bhatia prepares son Madhav for future leadershipRahul Bhatia has begun grooming his son Madhav Bhatia for a future leadership role at IndiGo, exposing him to executive meetings and mentor...
Dollar wavers as markets grapple with Gulf tensionsThe US dollar hovered near a one-week high as investors weighed escalating Middle East tensions against hopes for a ceasefire. Concerns ove...
Global Market Today: Asian stocks recover as chips rebound, oil dipsAsian stocks advanced, recovering from recent losses as chip shares stabilized. Megacap technology earnings are anticipated this week, infl...
Amazon founder Jeff Bezos' ex-wife couldn't afford a dentist and fixed her broken tooth with denture glue; billionaire who has donated billions gives record $20 million to youth mental health charityAmazon founder Jeff Bezos' ex-wife MacKenzie Scott once fixed her broken tooth with denture glue because she couldn't afford a dentist and ...
After selling his tech company for an eight-figure fortune, this Canadian entrepreneur spent $1.5 million building 99 tiny homes to help homeless people rebuild their livesCanadian entrepreneur Marcel LeBrun invested his fortune into building a tiny-home village. This project offers permanent housing and vital...
Fairfax picks up half of 3-year government bonds at auctionFairfax Financial Holdings likely purchased government bonds as a prelude to acquiring IDBI Bank. This marks the company's second significa...
US Stock Market: Dollar rally gains support as global pension funds unwind FX hedges, easing pressure on greenbackMajor pension funds are reducing currency hedges, which supports the U.S. dollar's rally. This shift occurs as hedging costs rise due to wi...
SoftBank, fintech firm PayPay in talks to invest in retail giant Seven & i: ReportThe investment will likely total several hundred billion yen and Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial Group, may also ...
Power giant NTPC seeks uranium assets overseas in nuclear pushIndia's largest power producer seeks overseas uranium mines for future nuclear capacity. NTPC plans to build thirty gigawatts of nuclear po...
US Stock Market: Meta unveils C$13 billion AI data centre in Canada; stock in focusMeta Platforms will invest C$13 billion in its first Canadian data centre. This facility in Sturgeon County, Alberta, will support artifici...
Yotta Data Services in talks with PE funds to raise $1 billionYotta Data Services is reportedly seeking $1 billion from global and domestic funds, aiming to sell a 25-30% stake at a $3 billion valuatio...
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
Dollar sees 'bullish break' on Fed rate-hike betsThe US dollar is experiencing a significant rally. Traders are betting the Federal Reserve will raise interest rates soon. This has strengt...
CPP Investments inks C$1 billion strategic partnership with CtrlS DatacentersCanada Pension Plan Investment Board is injecting up to C$1 billion into India's burgeoning data centre sector through a strategic partners...
'I'm the boss', Trump says at G7, as he warms to Ukraine's war aimsGlobal leaders at the G7 summit have united in their support for Ukraine, vowing new sanctions against Russia. President Trump indicated a ...
'I'm the boss,' Trump says at G7, as he warms to Ukraine's war aimsGlobal leaders at the G7 summit in France have united to support Ukraine with fresh sanctions against Russia. President Trump declared 'I'm...