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Rupee boxed in range; traders focus on oil, outflows and RBI's defenceThe Indian rupee had a day of modest variability against the dollar on Tuesday, finishing the day almost unchanged. Major external challeng...
Indian lenders defer dollar debt sale plan as rates turn expensiveAmidst rising US Treasury yields and a depreciating rupee, multiple Indian banks, such as Canara Bank, PNB, and Bank of India, are delaying...
US IPO Process: How companies navigate the road to Wall Street listingAnthropic's potential US stock market listing has brought the IPO process into focus, from regulatory filings and confidential reviews to i...
Yen slips ahead of central bank bonanza, dollar firms on tech reboundYen vs Dollar : The Japanese yen fell against the US dollar as market sentiment shifted towards risk-taking. Major banks, including the Ban...
Wary of RBI, banks back off from forex dealsThe banks, using the easy rupee liquidity created after the inflow of deposits from the diaspora, bought dollars and invested the funds in ...
Committee of Creditors cannot withdraw resolution plan nod: Supreme CourtA bench of Justices JB Pardiwala and K Vinod Chandran, while disposing of the appeal filed by Bank of India and other CoC members, includin...
Currency markets subdued ahead of pivotal central bank weekAs the week kicks off, major currencies hover in narrow trading bands amidst pivotal central bank meetings. Oil prices experienced a declin...
RBI does not target any specific Rupee level, focuses on curbing volatility, says Governor Sanjay MalhotraReserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the central bank does not target any specific exchange rate or level fo...
Iran caps dollar purchases at $1,000 per day amid sanctions-hit economyIran has introduced new rules for buying US dollars through banks and exchange offices as sanctions strain its financial system. Under the ...
SoFi targets idle crypto cash with interest-bearing tokenized depositSoFi Technologies has launched an innovative tokenized deposit product that offers an attractive 4.2% annual interest rate. Funds deposited...
US sanctions have India cornered. BRICS charts an escape routeUS sanctions have significant implications on international trade, especially concerning countries like India. As BRICS countries explore a...
Cryptocurrency companies can keep paying interest-like rewards, say federal bank regulatorsThe new rules are part of the implementation of the GENIUS Act, which was signed into law last year and was meant to codify the rules and r...
Systemic liquidity seen uneven as some banks continue market borrowingSeveral banks in India have been borrowing from the market despite substantial foreign currency non-resident deposits inflow. This situatio...
PNB cautions customers of AI-led cyberattacks amid surging fraudsPunjab National Bank has alerted its customers about the escalating threat of AI-generated cyberattacks. These advanced phishing techniques...
HealthRail: Turning India's hospital receivables into growth capitalIn a strategic move to streamline hospital cash flow, HealthRail is offering expedited access to accrued revenues. This initiative specific...
Public sector banks' Rs 7.8 lakh crore corporate loan pipeline signals capex revivalPublic sector banks have revealed a corporate loan pipeline of approximately ₹7.8 lakh crore signaling increased credit demand. Companies a...
Punjab National Bank eyes Rs 6,000 crore quarterly profit after record September earningsPunjab National Bank reported a record quarterly net profit of Rs 5,532 crore for September 2026. The bank's core operating profit grew by ...
Explained: Why are credit default swaps unnerving AI investors?Although shares in companies driving the AI boom are still among the biggest gainers on global equity markets this year, many have fallen s...
Why are credit default swaps unnerving AI investors?The cost of insuring against the risk of potential US tech defaults has hit record levels in the latest sign of credit stress building in t...
Rupee extends winning streak as dollar, oil ease and stocks rallyIn a notable financial scenario, the Indian rupee appreciated by 0.1% against the dollar, securing its fourth consecutive day of gains. Thi...