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Rupee flat as traders mull Fed rate path, keep eyes peeled for flow cluesThe Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Res...
Regulatory minefield: ED enters the crypt, waking up the ghosts for Crypto IncIndia's crypto sector faces a new crisis as the Enforcement Directorate probes four firms for unauthorized foreign money transfers using di...
ED attaches over Rs 1,000-cr assets in Goa 'illegal' iron ore mining caseThe Enforcement Directorate has seized assets exceeding Rs 1,023 crore, including properties in Singapore, in a Goa illegal iron ore mining...
2 Khalistani operatives involved in targeting rail corridor in Punjab deported from Malaysia, arrestedPunjab Police have arrested two wanted operatives of the banned Khalistan Zindabad Force. The duo was deported from Malaysia and apprehende...
The onshore gateway to global capitalIndia's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building infrastructure to bridge this gap....
HDFC Bank prices $750 mln bond in largest offshore deal by lenders since 2023, say bankersHDFC Bank has successfully raised $750 million through dollar bonds. This move capitalizes on the Reserve Bank of India's subsidized hedgin...
Foreign investors may bet big on Indian stocks after regulatory clarity emergesIndia has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...
For Sarvams to scale, tap global capitalIndia's generative AI landscape is thriving, yet it seeks greater global financial backing. While local startups are making strides in fund...
Chinese social media firm Xiaohongshu taps Goldman, CICC to work on Hong Kong IPOChinese social media platform Xiaohongshu is preparing for a potential Hong Kong initial public offering. Banks including Goldman Sachs and...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
Vedanta Resources plans to relist; US likely; eyeing $100 billionAnil Agarwal plans to relist Vedanta Resources, potentially in the US. The group intends to invest $100 billion in India's metals and miner...
Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflowsBanks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...
VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
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...
ASK Property Fund to raise Rs 3,500 crore for housing-focused debt strategyASK Property Fund is launching a new Rs 3,500 crore debt fund. This fund will finance residential projects in key Indian cities like Mumbai...
Some lenders hike rates on FX deposits for non-resident IndiansIndian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...
Lenskart shares in focus after Viridian completes stake transfer from Copthall MauritiusHong Kong-based Viridian Asia Opportunities Master Fund acquired an 18.96 lakh share stake in Lenskart Solutions for Rs 96 crore. This foll...
China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...