India’s microfinance overhang is finally easing as debt-stressed borrowers fallThe number of microfinance borrowers with multiple loans has significantly decreased. These borrowers still hold substantial outstanding lo...
18 Aug, 2026, 12.41 AM IST
Wispr Flow raises $280 million at $2 billion valuation, Peak XV joins new roundSan Francisco-based voice AI startup Wispr Flow has raised $280 million at a $2 billion valuation, nearly tripling its valuation from its p...
17 Aug, 2026, 10.18 PM IST
‘Can’t take another loan’: Indian student hit by Canada work permit rejectionIndian student Samir Garhwal says he is facing financial uncertainty after completing his course in Canada and being denied a post-graduati...
17 Aug, 2026, 07.21 PM IST
India bonds sink on RBI's early close of FX swap facilityThe Indian government bond market experienced a dip in demand on Monday, leading to higher yields. In an unexpected move, the central bank ...
17 Aug, 2026, 05.35 PM IST
Yes Bank makes bond market comeback years after AT1 write-offYes Bank is preparing its first dollar bond issuance since its 2020 AT1 debt write-off, planning a benchmark-sized three-year note. The mov...
17 Aug, 2026, 03.35 PM IST
Meet Olivia Shekou, the California high school student who raised $90,000 from 17 states to help women and children in UgandaOlivia Shekou is using sports to fundraise for Ugandan women and children. Her Netting Miracles platform empowers students to lead charitab...
17 Aug, 2026, 03.29 PM IST
Independence Day 2026: PM Modi says ‘no-go’ coastal waters turned into ‘go-ahead’ exploration areasIndia has opened most coastal waters for offshore exploration to discover new hydrocarbon reserves and strengthen energy security. Prime Mi...
17 Aug, 2026, 02.26 PM IST
RBI cuts FX swap window short after NRI deposits cross $50 billionThe Reserve Bank of India shortened its zero-cost FX swap facility for banks. This action followed substantial foreign deposit inflows from...
17 Aug, 2026, 01.12 PM IST
L&T bags offshore development project order exceeding Rs 15,000 crore from Middle East clientLarsen & Toubro announced a significant order valued at over Rs 15,000 crore. This contract involves developing multiple offshore facilitie...
17 Aug, 2026, 11.47 AM IST
Southern banks on a golden lending streak; gold-loan books swell 2xSouth Indian banks have seen their gold-loan portfolios nearly double in three years. This significant growth is driven by rising gold pric...
13 Aug, 2026, 12.56 AM IST
Bank of America invests around Rs 18,268 crore for 49.9% stake in Jio CreditBank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of t...
12 Aug, 2026, 10.25 PM IST
Indel Money to raise up to Rs 500 crore via public issue of NCDsIndel Money plans to raise up to Rs 500 crore through a public issue of non-convertible debentures. The issue will open on August 18 and cl...
12 Aug, 2026, 09.39 PM IST
Zee seeks clarity on promoter fundraiseZee Entertainment seeks SEBI clarification on its proposed fundraise from promoters. The company also challenged the regulator's market acc...
12 Aug, 2026, 12.42 AM IST
Vodafone Idea shares jump 3% after Q1 net loss narrows. What is Nomura saying?Vodafone Idea’s Q1 loss narrowed sharply to Rs 3,754 crore from Rs 6,608 crore a year ago, while revenue rose 6% YoY to Rs 11,689 crore. EB...
11 Aug, 2026, 09.37 AM IST
L&T bags major offshore orders worth Rs 5,000-10,000 crore from ONGC for pipeline replacementLarsen & Toubro has secured significant offshore orders from ONGC. These orders are valued between five thousand and ten thousand crore rup...
07 Aug, 2026, 01.04 PM IST
FCNR(B) is now Plan A for Gulf NRIs, leaving India-focused funds behindInvestment funds focused on India face fierce rivalry with the RBI's FCNR(B) deposit options. With investors drawn to the security of guara...
05 Aug, 2026, 11.42 PM IST
Indian banks' new hunt for diaspora dollars pumps up loans marketsIndian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...
04 Aug, 2026, 09.30 AM IST