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Syndicate Finance bridges the execution gap for India's export-ready textile manufacturersAs India cements its position in global apparel supply chains, structured lending is emerging as the critical enabler and Syndicate Finance...- Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise ratesFCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...
- Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...
- FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
- PS5 prices up, PS Plus up, next they’ll charge $5.99 to turn on console, user says as Sony raises prices due to market conditionsSony is raising PlayStation Plus subscription costs. New prices begin May 20 for new users in some areas. Monthly and quarterly plans will ...
- India-EU FTA to cover one-third of global trade, impacts 2 billion people: Commerce MinistryThe India-European Union Free Trade Agreement (FTA) will cover nearly one-third of global trade and touch around 2 billion people, making i...
- NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...
- FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
- India bought Rs 1.5 lakh crore worth of Russian oil since Ukraine warIndia, heavily reliant on oil imports, spent approximately Rs 1.5 lakh crore on Russian crude oil following the Ukraine war, lured by signi...
- Will USD jump off the cliff or will it build new wings?Last week, central bank communications to the market caused a weaker USD and stronger EUR, GBP, and other EM currencies. The Federal Reserv...
- US November PCE Price Index: When will it release and how can it impact EUR/USD? Know details hereThe personal consumption expenditures price index, or PCE index, is one of the most important indicators of inflation and consumer spending...
- GBP/USD, EUR/GBP, EUR/USD look forward to statement of new UK chancellor. Details hereEUR/GBP continues to trade along the 55-day simple moving average (SMA) at £0.8649 as traders await the statement of new UK's chancellor of...
- NSE launches weekly USD-INR futures contractsThe first day witnessed participation from 122 trading members, with volumes of 1.43 lakh contracts worth Rs 1,079.6 crore traded at the en...
- View: EUR/USD and EUR/INR may trade with a negative bias in the near termAll European countries were undergoing severe output losses as a consequence of the Covid-19 crisis, out of which southern EU countries suf...
- Steel Strips Wheels expects to clock revenue worth over Rs 325 crore in FY21This will represent over 300 per cent growth over last financial year, the company said in a regulatory filing.
- Dollar steadies, yen gains; European economic data in focusThe riskier Australian and New Zealand dollars fell in overnight trading before recovering in early London trading. Versus the dollar, the ...
- NSE to launch weekly options on USD-INR on Dec 3The weekly derivatives contracts will help participants limit time-related premium costs.
- Interim resistance for EUR/USD around $1.3840Supported initially above $1.3800, after Thursday's bounce but loss of $1.3786 would be the catalyst for a look at tightly grouped support ...
- After hike, Indian MPs still get a thirteenth of US lawmakersEven after a 3-fold pay hike, Indian MPs still rank much below their fellow parliamentarians in US.
- Nuke bill can open India to international accident fundsThe N- bill if passed, would enable India to tap intl funds for compensation in case of nuke accidents.
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