Avaada Group secures $950 million financing from consortium of global and domestic banksAvaada Group has achieved financial closure for its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, calling it...
Avaada seeks $800 million to refinance Brookfield Asset Management debtAvaada Group is raising $800 million to refinance existing debt. This move aims to reduce finance costs before the group's planned public m...
Weakening currency: RBI weighs measures including rate hike to stabilise rupeeThe Reserve Bank of India is exploring multiple options to stabilize the rupee, which recently hit a fresh low. These include a potential i...
RBI mulls all options, including rate hike, as rupee slumpsThe Reserve Bank of India is exploring all avenues to steady the rupee. Options include raising interest rates and currency swaps. Official...
Singapore urges financial firms to use AI to create better jobsSingapore's Deputy Prime Minister Gan Kim Yong is encouraging banks and financial companies to leverage artificial intelligence. The focus ...
Will petrol and diesel prices rise again? Fuel hike may be just the first of several increases, say expertsPetrol, Diesel price today: Fuel prices have been increased by Rs 3 per litre as state-run oil companies face mounting losses due to rising...
Petrol, diesel price hike may trigger chain reaction across economy, say expertsRising petrol and diesel prices are poised to escalate India's retail inflation, with economists forecasting a significant ripple effect on...
A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
India losing investor attention to Asia’s AI-electronics surge, says DBS economistGlobal capital is shifting towards electronics and AI in Asia. India's foreign direct investment slowdown is not a major concern. Asia's ex...
Rupee hits record closing low of 94.85 vs USD hurt by surging oil, persistent outflowsThe Indian rupee fell to a record closing low on Wednesday, pressured by rising oil prices as efforts to end the Iran conflict remained sta...
DBS Bank India launches relationship banking for globally-mobile, emerging affluent IndiansDBS Bank India has launched DBS Aspire, a new banking proposition targeting the emerging affluent segment with a total relationship value o...
Global lenders to back Brookfield’s 1.04 GW project with $600 mnA group of international banks is financing Brookfield's significant renewable energy project in India. This venture combines wind, solar, ...
Indian officials see Iran war oil shock as disruptive as CovidIndia is drawing on its Covid-era playbook to cushion the economic blow from the Iran war, with officials warning the disruption to energy ...
IOI Properties plans Malaysia REIT with assets worth $1.9 billionIOI Properties Group is set to launch a Malaysian real estate investment trust valued at approximately $1.9 billion. This REIT will encompa...
DBS joins buzzing India ECM space with mandate in $1 billion IPODBS Group Holdings Ltd. has launched its equity capital market operations in India. The Singaporean lender secured its first deal with Mani...
Piyush Goyal meets Singaporean company DBS Group CEO, discusses investmentsIn a post on X after the meeting, the commerce minister said that they discussed the Group's plans to "scale up investments in India", incl...
DBS Bank evaluating RBI's WOS guidelines for foreign banksThe guidelines were issued earlier this month and allow foreign banks incorporating WOS branches to acquire local private sector lenders.