SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
20 Jun, 2026, 05.30 AM IST
Yen teeters on cusp of 40-year low as BOJ hike fails to stem routThe dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S...
19 Jun, 2026, 03.33 PM IST
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
19 Jun, 2026, 11.15 AM IST
India short-bond rally faces risks from cash drain, analysts SayBofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...
19 Jun, 2026, 08.21 AM IST
Gold on track for third weekly loss on firm dollar, hawkish Fed signalsGold prices dipped on Friday, heading for a third consecutive weekly loss, pressured by a strengthening dollar and hawkish signals from the...
19 Jun, 2026, 06.58 AM IST
Gold & silver fall after Fed signals possible rate hikeGold and silver prices dropped on MCX Thursday due to heavy selling, influenced by global bullion losses after the US Federal Reserve hinte...
19 Jun, 2026, 06.33 AM IST
What sanctions are there on Iran and will they be lifted?Iran's oil sales may see a waiver under a new interim deal. However, the country remains under a complex network of international sanctions...
18 Jun, 2026, 09.34 PM IST
Rupee posts longest winning run in a year on exporter flows, bank dollar salesThe Indian rupee strengthened against the U.S. dollar for the fifth day straight, marking its longest rally in a year. Lenders and exporter...
18 Jun, 2026, 03.55 PM IST
Dollar clings to two-month peak as Fed rate-hike bets mount, yen slidesThe U.S. dollar reached a two-month high as markets anticipated Federal Reserve rate hikes, pressuring the Japanese yen towards interventio...
18 Jun, 2026, 07.20 AM IST
Dollar jumps as Fed holds rates but projects one hike later this yearThe dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers ...
18 Jun, 2026, 01.45 AM IST
Manipal Hospitals is said to plan $1 billion IPO in JulyManipal Health Enterprises is likely to launch its IPO as early as next month, targeting a valuation of around $10 billion. Backed by Temas...
17 Jun, 2026, 04.26 PM IST
India's Wipro opens AI centre for Anthropic's Claude in BengaluruWipro has launched a new AI hub in Bengaluru. This centre focuses on Anthropic's Claude models. It aims to help businesses adopt AI more wi...
17 Jun, 2026, 10.43 AM IST
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...
17 Jun, 2026, 10.00 AM IST
Snap bets on AR glasses in post-smartphone raceSnap, the parent company of social network Snapchat, on Tuesday launched its Specs augmented reality glasses, a major bet by a struggling c...
16 Jun, 2026, 10.27 PM IST
India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...
16 Jun, 2026, 03.04 PM IST
To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...
15 Jun, 2026, 12.03 PM IST
RBI likely intervenes to support rupee, conducts swaps, traders sayThe Indian central bank likely intervened in the foreign exchange market on Wednesday to bolster the rupee, as maturing non-deliverable for...
10 Jun, 2026, 11.39 AM IST