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FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
India 10-year bond logs best close in 7 weeks as oil prices easeThe Indian bond market celebrated a notable milestone, achieving its highest closing point in seven weeks, primarily thanks to the recent d...
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
Vedanta readies $5.2 billion refinancing after rating upgradesAnil Agarwal's UK-based Vedanta Resources is preparing to refinance $5.2 billion of dollar-denominated bonds and loans as it seeks to lower...
SBI, PNB, other PSU bank stocks tumble up to 21% from record highs. Time to buy or wait?Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attrac...
RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
Avani Infratech lines up Rs 750 crore for real estate expansion in FY27Avani Infratech will invest Rs 750 crore in three new projects by FY27. The company is launching residential and commercial developments in...
Avani Infratech to invest Rs 750cr on 3 new realty projects at Gurugram, Sonipat in HaryanaThe Delhi-based company has developed few projects so far, including an industrial township, and holds a land bank of more than 300-acre fo...
RBI ramped rupee defense to record before government bazookaThe Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...
India bonds slip as US-Iran risks derail post-policy rallyIndian government bonds faced pressure early Monday. Escalating U.S.-Iran tensions pushed oil prices higher. This overshadowed recent suppo...
India eyes major bond index entry as tax exemptions sweeten appealIndia is set to reapply for inclusion in major global bond indices. This follows significant tax exemptions for foreign investors on capita...
Rupee in rhapsody, passes 95 vs USD level at closeOn Friday, the Indian Rupee made impressive gains, climbing 84 paise against the US Dollar. This upward momentum came after the Reserve Ban...
Rupee posts biggest daily gain in 2 months, closes at 94.94 vs USD as RBI ramps up currency defenceThe rupee gained 0.9% to end at 94.9450 per dollar, its biggest gain since April 2. Forward premiums, the cost of hedging FX exposure, pl...
Global Market: Japan warns against excessive currency volatility as Yen nears key thresholdJapan signals readiness to step into currency markets if the yen weakens further. The currency is nearing a critical 160 per dollar mark. T...
Currency, bond markets await RBI cues from MPC meetThe Indian rupee and benchmark bond yields traded narrowly on Thursday ahead of Friday's policy rate decision and potential currency suppor...
IIFL Finance nets $500 million in overseas bond salesIIFL Finance successfully raised $500 million through international dollar bonds, priced at 7.6% for a 3.25-year tenure. This marks India's...
India plans to scrap capital gains tax on FPI investments in government securitiesIndia is set to eliminate capital gains tax for foreign portfolio investors on government securities to boost overseas capital inflows. Thi...
“I was a stalker fan”: Shahana Goswami on dating Milind Soman despite 21-year age gap and moving on quickly after breakupActress Shahana Goswami candidly shared details about her past relationship with Milind Soman. She revealed their unexpected connection beg...
SP Group plans to raise $2.7 billion; BlackRock, BofA may chip inShapoorji Pallonji Group is raising $2.7 billion in private credit, attracting interest from global giants like BlackRock and local firms. ...
BlackRock to invest in Shapoorji Pallonji's unit: ReportBlackRock, the world's largest money manager, is set to invest in a dollar bond to be issued by a unit of India's Shapoorji Pallonji Group ...