GFF 2026: SBI sees FCNR liquidity deployment taking 3-4 months, eyes agentic AI for bankingState Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adopti...
Rupee falls 25 paise to 95.33 against US dollar in early tradeThursday's early market saw the Indian rupee slip against the US dollar amid heightened crude oil prices and a consistent demand for the do...
Apple introduces AirPods 5 with ANC, Live Translation and Siri AI, starts at $129Apple's latest AirPods 5 earbuds feature improved audio and active noise cancellation. These new earbuds also offer live translation and ha...
Oil's climb to $100 pushes rupee lowerThe Indian rupee fell significantly on Tuesday, reaching its lowest point in over a month. This depreciation occurred as crude oil prices n...
Bitcoin near $80,000, Ethereum at $2,500 as crypto market absorbs U.S. rate expectationsBitcoin traded near $80,000 while Ethereum held close to $2,500 on Monday as the crypto market absorbed shifting US rate hike expectations ...
Finmin secures $1 billion IFC funding for MSMEs; $500 million already released to SidbiIndia secured one billion dollars from the International Finance Corporation for banks. This funding will provide long-term credit to small...
Bumper FCNR(B) inflows may dilute banks' margins but boost earnings by up to Rs 11,000 crore: JefferiesThe FCNR(B) scheme’s $127 billion inflows should boost banking sector earnings by Rs 10,000–11,000 crore annually, despite potential near-t...
India's balance of payments likely to post $60-65 bn surplus in FY27 despite wider CAD: HDFC BankIndia’s balance of payments (BoP) is likely to post a $60-65 billion surplus in FY27, despite a widening current account deficit, HDFC Bank...
Birla built India with cement, now it wants to wire up what powers it with a ₹1,800 crore betIn an ambitious move, Aditya Birla Group has unveiled Ultravolt, a new enterprise dedicated to wires and cables. The company seeks to estab...
GIFT IFSC emerges as international banking hub with $52.82 bn FCNR(B) disbursals: Uday KotakGIFT IFSC banking units are channeling foreign-currency deposits into financing. These units funded fifty-two billion dollars of FCNR(B) de...
India and Canada reaffirm strategic ties, target bilateral trade of CAD 70 billion by 2030India and Canada held Foreign Office Consultations reaffirming their commitment to a trade agreement. Both nations aim to expand bilateral ...
India's strong economic momentum continues despite global uncertainties, says Chief Economic AdviserIndia's economy shows strong near-term momentum, driven by domestic factors and exports. The Reserve Bank of India's deposit mobilisation o...
Rupee closes at near 2-month high of 94.95 to the dollarOn Tuesday, the Indian rupee achieved its strongest close in nearly two months, settling at 94.95. Factors such as dollar offers and centra...
RBI's forex forward book swells to record $136.7 billionThe Reserve Bank of India reported that its foreign exchange forward position hit a new record in July, fueled by enticing measures that dr...
India rupee hits near four-week high on equity-related flows, RBI support; logs monthly riseThe Indian rupee hit its highest level in almost four weeks against the US dollar, buoyed by fresh investments due to stock index adjustmen...
Irdai opens NDB's Maharajah INR bonds to insurersIn a circular dated August 27, the regulator said that it had received representation from New Development Bank to permit Insurers to inves...
CapitaLand India Trust shifts debt to rupees as INR fallsCapitaLand India Trust is converting more Singapore-dollar debt into rupee borrowings as the Indian currency weakens, aiming to reduce fore...