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CENTRAL FUNDS FOR STATES
What's in Trump's deal for Tehran? The 14-point US-Iran pact as read by American officialThe U.S. and Iran have signed an interim agreement to halt hostilities and open the Strait of Hormuz, with a 60-day negotiation period to f...- Trump Iran deal full text, key highlights, clauses: What is in it?Trump Iran deal includes key issues such as the reopening of Strat of Hormuz and nuclear weapons sanctions.
- HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
- RBI removes cap on NRI deposit rates until SeptemberThe Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...
- RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...
- Parliamentary panel moots higher education spending, says NEP's 6% GDP target unmetA parliamentary committee has flagged current higher education funding as inadequate. It urges an increase to six percent of GDP, aligning ...
- HDFC Bank prices $750 mln bond in largest offshore deal by lenders since 2023, say bankersHDFC Bank has successfully raised $750 million through dollar bonds. This move capitalizes on the Reserve Bank of India's subsidized hedgin...
- Parties collected Rs 281 crore, spent Rs 193 crore during Bihar polls: ADRThe report analysed expenditure statements filed by five national parties -- BJP, Congress, AAP, BSP and CPI(M) -- and five regional partie...
- Explained: Why Japan's Nikkei soared to lifetime high even after BOJ hiked interest rates to 31-year highJapan's Nikkei index surged past 70,000 for the first time as the Bank of Japan raised its short-term policy rate to 1%, the highest in 31 ...
- HDFC Bank to hit dollar bond market under new subsidised scheme: SourcesHDFC Bank plans to raise at least $500 million via dollar bonds this week, utilizing the central bank's subsidized hedging window. The five...
- Global Markets: Chinese government bonds gain global appeal as investors seek diversification amid market volatilityChinese government bonds are attracting growing interest from global investors as rising geopolitical tensions, particularly the Iran confl...
- Hudco mulls $1 billion foreign debt under RBI forex swap facilityHudco aims to secure one billion dollars in foreign debt. This will be achieved through the Reserve Bank of India's concessional forex swap...
- China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...
- Manipur CM urges NITI Aayog to drive state's recovery and developmentManipur Chief Minister Yumnam Khemchand Singh urged NITI Aayog to spearhead the state's economic recovery and long-term development, emphas...
- Gold on course to log worst yearly fall since 2013 if West Asia troubles continue. Time to sell?Gold has fallen over 25% from its peak despite ongoing geopolitical tensions in West Asia, marking a sharp divergence from its traditional ...
- India's strong growth keeps state finances stable despite deficits, rising debt: S&PIndia's robust economic expansion is shielding state finances from worsening. Despite ongoing spending needs and revenue gaps, strong growt...
- Karnataka CM Shivakumar points to migration pressure on Bengaluru, seeks Centre’s supportBengaluru's Chief Minister DK Shivakumar has requested additional infrastructure funding from the Centre. The city's status as India's tech...
- 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. ...
- Karnataka seeks fast-track central clearance for Rs 13,549-crore Bengaluru mobility projectsKarnataka Chief Minister D K Shivakumar urged Union Minister Manohar Lal Khattar to expedite approvals for infrastructure projects worth Rs...
- UDF govt attempting to implement PM SHRI scheme, alleges CPI(M) leader SivankuttySenior CPI(M) leader V Sivankutty alleged the Kerala government is spreading misinformation about the PM SHRI scheme. He stated the previou...
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