New measures by the RBI and government aim to attract foreign capital. These steps are expected to bring in USD 60-70 billion. This influx ...

Public sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...

The government's offer for sale in NLC India saw strong demand on the first day. Non-retail investors bid for shares worth Rs 4,158 crore. ...

The 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...

The Reserve Bank of India is expected to increase interest rates soon. This move aligns with other central banks responding to rising infla...

Banks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...

The Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...

The Reserve Bank of India will introduce a special foreign exchange swap facility for public sector undertakings. This initiative aims to e...

The RBI is introducing new measures to attract foreign investment. These steps aim to boost capital inflows and improve India's balance of ...

India's government struggles to close ailing state-owned companies. Bureaucratic hurdles and complex asset sales delay closures. This ties ...

Private banks are set for stronger earnings growth in the coming two years. Loan growth is expected to be similar for both private and publ...

Last week, LIC reported a 23 per cent jump in net profit to record Rs 23,420 crore in the just concluded March quarter as compared to Rs 19...

Life Insurance Corporation of India has achieved the highest profit in the Indian financial sector for the March quarter. The company repor...

Over 62,000 defence civilian employees are hopeful of retaining their central government employee status following a cabinet secretary's as...

The Supreme Court has asked the Centre and all states for their views on a Public Interest Litigation that demands a 30 per cent quota for ...

SBI Ventures has been appointed as the fund manager for the ₹20,000-crore Maritime Investment Fund. This initiative, backed by government e...

The Power Ministry has suggested that its public sector undertakings explore allowing employees to work from home. This move could permit u...