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Sitharaman urges French firms to invest in India's AI, clean energy pushUnion Finance Minister Nirmala Sitharaman urged French businesses to boost investments in India, highlighting vast opportunities in AI, cle...
NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR depositsBanks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now...
Citi becomes No. 1 investment banker in India, earns $60 million in last 6 months: LSEGThe jump gives Citi a 9.8% wallet share of India's total investment banking fee pool, which itself shrank 20% year-on-year to $614.1 millio...
UAE central bank restrictions may dampen NRI dollar mobilisationNew UAE Central Bank rules are creating hurdles for Indian banks seeking to attract NRI dollar deposits. Restrictions on representative off...
SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
Japan’s rush to India: The big story behind the Modi-Takaichi summitJapanese Prime Minister Sanae Takaichi's India visit comes as Japanese investments accelerate across banking, manufacturing, infrastructure...
SoftBank completes second $10 billion tranche of its $30 billion OpenAI investmentSoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This significant investment, funded by a br...
Stocks in news: Kotak Mahindra Bank, Tata Motors, HDFC Bank, IndiGo, Coal IndiaIndian markets experienced a volatile yet narrow trading range, concluding marginally lower as consolidation persists. Analysts await a dec...
India bonds up on oil slump, foreign inflows; 10-year yield posts biggest monthly fall in 7 yearsIn June, Indian government bonds underwent a remarkable rally, showcasing the largest monthly yield drop for the benchmark 10-year bond in ...
Kotak Mahindra Bank to acquire Deutsche Bank's India retail banking businessKotak Mahindra Bank has significantly expanded its footprint by acquiring Deutsche Bank's retail, private banking, and wealth management op...
Zerodha eyes foray into investment bankingIndia's leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchan...
India-Japan Summit: Deepening economic ties and strategic investment opportunities for next decadePrime Minister Takaichi's visit to India highlights a robust economic partnership, with Japan a key player in India's infrastructure and au...
Rupee treads water, traders await range break to gauge directional trendThe Indian rupee held steady as tensions between Iran and the US eased, with traders anticipating a clearer market direction. Currently tra...
Buying US shares? A complete guide to rules, limits and taxation
Aditya Birla lines up Rs 15,000 crore loan for Sprng Energy bidAditya Birla Group is reportedly in advanced talks to acquire Shell's Indian renewable energy arm, Sprng Energy, for a substantial sum. Sta...
Axis Bank raises $800 million through dual bond saleAxis Bank successfully raised $800 million through a dual tranche dollar bond, tapping into the Reserve Bank of India's concessional swap f...
Rupee slips as Fed rate expectations boost dollar, dent global stocksThe Indian rupee slipped a bit on Tuesday, aligning with global movements as the U.S. dollar climbed to its highest point in a year. The do...
PFC raises $300 million through five year dollar bondPower Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special sw...
How Mukesh Ambani plans to spend Jio's mega Rs 27,500 crore IPO proceedsReliance Jio’s upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengt...
SBI’s board clears record Rs 60,000 cr fundraise in FY27State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...