RBI forex measures to lower banks' overseas borrowing costs by 2-2.5 per cent, aid inflows: ReportNew RBI measures aim to make overseas borrowing cheaper for banks. External commercial borrowing costs may drop by up to 2.50 percent. This...
Top Indian state lenders eye first dollar bonds since RBI subsidy, sources sayState Bank of India and Bank of Baroda are stepping into uncharted territory as the inaugural users of the Reserve Bank of India's fresh su...
Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise ratesFCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...
Another AI aftershock sends Indian IT stocks for a tumbleIndian IT shares extended their seventh straight session of losses as Anthropic's new AI model intensified investor fears of revenue disrup...
Dollar steadies on ceasefire prospects, PPI eases pressure on FedThe dollar strengthened Friday after President Trump's decision to cancel planned attacks on Iran, suggesting a potential ceasefire deal. T...
Govt eyes rural credit push via flagship schemes, seeks to expand RRB customer baseThe government is enhancing rural credit by integrating the Grameen Credit Score with the JanSamarth portal for faster loan processing. Reg...
Payoneer India Cross-Border Excellence Awards 2026 launched to recognise the country’s leading cross-border businessesPayoneer and The Economic Times have launched the Payoneer India Cross-Border Excellence Awards 2026. These awards will celebrate Indian bu...
Apple iPhone 18 Pro price, release date, colours, specs, camera and battery: Everything we know so farApple's iPhone 18 Pro and Pro Max, expected in September 2026, are rumored to feature significant AI upgrades, a faster A20 Pro chip, and i...
India's economic growth rate to weaken at 6.6% in FY27 on slower investments, consumption: BMIIndia's economic growth is expected to moderate to 6.6 percent in the current fiscal year. This slowdown follows a robust 7.7 percent growt...
Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...
CD rates may fall up to 100 bps as banks tap overseas deposits, loansInterest rates on short-term financial instruments like Certificates of Deposit are poised to decrease across India. This anticipated drop,...
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...
Indian bonds draw buyers on RBI measures, softer oilIndian government bonds saw renewed buying on Tuesday. Lower oil prices and Reserve Bank of India measures to attract dollar inflows improv...
Ficci proposes 700MW PHWR tech transfer framework to boost nuclear energy investmentIndian industry is pushing for a clear framework to license and transfer technology for indigenous 700MW PHWR reactors to private players. ...
Jobs outlook may cool down in Sept quarter amid economic woesIndia's employment outlook is set to soften in July-September 2026, with 59% of employers anticipating hiring increases, down from 74% in t...
Vehicle retail sales jump 10% in May to 2.53 million units on rural demandVehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural are...
Indians are growing more pessimistic about the economy. RBI Survey shows whyUrban consumers grew more pessimistic about the economy, jobs, and spending in May, with the Current Situation Index falling for the third ...