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Indian Overseas Bank eyes $650 million foreign deposits by SeptemberIndian Overseas Bank aims to gather $650 million in foreign currency deposits by September. The bank has already secured $300 million witho...
Indo MIM's Rs 3,812 cr IPO to open on July 23; price band set at Rs 461-485Indo MIM Ltd announced its Initial Public Offering, which opens for subscription on July twenty-third. The precision engineering components...
SBI’s 15-paise bet: How India's largest bank is turning a tiny cost into mindboggling 382,567% profitSBI and Amundi India Holding are set to earn combined profits of about Rs 11,658 crore from the Rs 11,693 crore IPO of SBI Funds Management...
Sachin Bansal-backed Navi plans Rs 3,000 crore IPO, to file papers with Sebi by March quarterFintech startup Navi, co-founded by Sachin Bansal, is planning to file draft IPO papers in the March quarter of FY27 to raise about Rs 3,00...
US Supreme Court rejects Trump's unprecedented bid to fire Fed's CookThe Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remov...
S&P cuts India's FY27 growth forecast to 6.6%, sees inflation at 5.1%India's economic growth is projected to slow to 6.6% in 2026-27 due to energy pressures, a weaker monsoon, and global slowdown, S&P Global ...
Kunal Shah net worth and his inCREDible journey to Meta's WhatsAppKunal Shah, the visionary behind CRED and FreeCharge, is now the Global Head of WhatsApp. This significant appointment, coupled with Meta's...
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...
President Murmu, PM Modi to launch projects worth over Rs 47,600 crore in OdishaPresident Murmu and Prime Minister Modi will jointly inaugurate development projects exceeding Rs 47,600 crore in Odisha. These initiatives...
India's Bimal Patel elected UN's ITLOS tribunal judgeThe election was held within the framework of the 36th Conference of States Parties to the United Nations Convention on the Law of the Sea ...
RBI removes cap on NRI deposit rates until SeptemberThe Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...
RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...
Razorpay begins IPO process; files confidential DRHP to raise Rs 5,000-6,000 croreFintech major Razorpay has officially commenced its IPO journey by filing its draft red herring prospectus with SEBI, aiming to raise Rs 5,...
CLSA set to vanish as brand after 40 years in Asian brokerage: ReportHong Kong-based CLSA will be rebranded under Citic Securities from 2027, ending a brokerage brand known for its distinctive culture and str...
Indian banks better placed than APAC peers: Fitch on West Asia woesIndia's banking sector is resilient against the economic impact of the US-Israel conflict with Iran, according to Fitch Ratings. While othe...
FEMA case against Myntra closed following compounding: EDMyntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...
Tata board talks: Chairman Chandra gives the floor to Tata chiefs; calm prevailsTata Sons board meeting saw constructive discussions. Chairman N Chandrasekaran presented business reviews. Noel Tata focused on Air India ...
Tata Sons chairman N Chandrasekaran kicks off crucial board meetingTata Sons Chairman N. Chandrasekaran is leading a crucial board meeting today. He is presenting detailed plans for new businesses like elec...
Trump calls off AI executive order over concern it could weaken US tech edgePresident Trump halted an AI executive order. He feared it would slow America's technological progress. The order aimed to review AI's nati...
Govt imposes import curbs on silver amid push to tighten precious metals inflowsNew government restrictions target silver imports. The Centre is also tightening rules for duty-free gold imports by jewellery exporters. T...