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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...- Banks seek RBI nod to let NRIs break & rebook existing depositsTo incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. ...
- UKIBC hails India-UK trade pact rollout from July 15, says CETA to unlock new growth opportunitiesThe India-UK Comprehensive Economic and Trade Agreement, CETA, will become effective on July 15, 2026. This landmark deal opens new avenues...
- HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
- 9 equity mutual funds cross Rs 70,000 crore AUM; top 3 manage over Rs 1 lakh crore eachNine equity mutual funds managed over Rs 70,000 crore AUM in May 2026, with Parag Parikh Flexi Cap leading above Rs 1.41 lakh crore. HDFC, ...
- Best balanced advantage funds or dynamic asset allocation funds to invest in June 2026Balanced advantage funds are recommended for new investors due to their dynamic portfolio management, adjusting equity exposure based on ma...
- Akasa Air begins operations from Noida airport, to set up MRO facilityAkasa Air has begun flights from Noida International Airport. This marks a significant expansion for the airline. Flights now connect Noida...
- In 1983, engineers squeezed a wireless conversation through a commercial cell network, and mobile phones started becoming realMobile communication transitioned from an engineering dream to public reality in 1983. The first US commercial cellular network began opera...
- ByteDance in talks with China's Iluvatar CoreX to purchase AI chipsByteDance, the influential technology entity known for its innovative platforms, is reportedly in discussions to acquire AI chip technology...
- Drishyam 3 OTT release date confirmed: When and where to watch Mohanlal starrer superhit Malayalam movie. Check language optionsMohanlal's blockbuster Malayalam thriller Drishyam 3 is set to make its OTT debut. The film, which has reportedly crossed Rs 330 crore at t...
- HDFC Balanced Advantage among 11 equity mutual funds that saw outflows of over Rs 300 crore in MayEleven equity mutual funds, including HDFC Balanced Advantage Fund, saw outflows exceeding Rs 300 crore in May, according to ACE MF data. A...
- DLI-backed chip companies call for government procurement supportIndian semiconductor startups are urging the government for stronger market access and intellectual property protection. They highlight the...
- On This Day in History, June 13: Alexander dies, Miranda ruling, Korea summit, FIFA 2026 awarded to US-Canada-Mexico, Trump charged and more eventsOn This Day in History, June 13 witnessed the death of Alexander the Great, the signing of the enduring Anglo-Portuguese alliance, the land...
- World's first trillionaire: SpaceX premium debut briefly hands Elon Musk historic statusElon Musk briefly touched a trillion-dollar net worth as SpaceX shares surged on its Wall Street debut, though his wealth later settled bel...
- Anupam Rasayan becomes world's first to make ETFA using flow chemistryAnupam Rasayan India Ltd has achieved a global first by commercialising Ethyl trifluoroacetate production using its unique continuous flow ...
- Not Rs 24 LPA job, IITian celebrates another milestone: ‘Today I took my family on their first…’An IITian celebrated his parents' first flight, with his father boarding a plane at 68. He expressed gratitude to his parents for their unw...
- Thinking of prepaying your home loan? CA says why you might be doing it wrongChartered accountant Paaras Gangwal advises caution on home loan prepayments. He explains that early loan prepayments yield significant sav...
- Power finance cos turn to global markets for cheaper fundsIndian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made f...
- Retired with Rs 4 lakh in mutual funds? Here's what an expert suggests before starting an SWPA 74-year-old investor with Rs 4 lakh in equity mutual funds seeks advice on future income generation through Systematic Withdrawal Plans. ...
- 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%...
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