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Vedanta faces buyback costs as bonds trade above par valueIn a bold financial maneuver, Vedanta Resources has kicked off a substantial $3.6 billion bond buyback as part of a comprehensive $5.4 bill...
China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...
Global Market | European stocks rally as oil falls on hopes for US-Iran dealThe benchmark snapped a four-day losing streak on Thursday, as investors digested the European Central Bank's rate hike and largely looked...
Australia imposes record $211 million fine on collapsed broker Union Standard, representativesAustralia's federal court has imposed a record A$300.2 million fine on Union Standard and its representatives. The foreign exchange broker ...
Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...
Once written off by society, this man with cerebral palsy achieved what many thought was impossible: Completing a 10k marathon at 12,000 feetAnurag Rawat, diagnosed with cerebral palsy, transformed heartbreak and self-doubt into inspiration. Despite facing discouragement, he comp...
Short-end Indian debt gains as RBI dollar measures spur buyingShort-term Indian government bond yields have dropped to their lowest in three months. This move steepens the yield curve significantly. Ex...
Namami Gange: Industrial pollution flowing into Ganga down nearly 60 per cent since 2017Industrial pollution in the Ganga has significantly decreased by almost 60 percent since 2017. This achievement is credited to the Namami G...
Vedanta readies $5.2 billion refinancing after rating upgradesAnil Agarwal's UK-based Vedanta Resources is preparing to refinance $5.2 billion of dollar-denominated bonds and loans as it seeks to lower...
From selling vegetables in Mumbai to studying 18 hours a day: An inspiring journey from struggles to owning a ₹1 crore home at 21Abhishek Vaishya's inspiring journey began at a Mumbai vegetable cart. He overcame humble beginnings in a small chawl to become a chartered...
Rate hikes are coming, RBI has sent a clear signal, says Anubhuti Sahay, Standard CharteredDespite holding the repo rate steady, the Reserve Bank of India's significantly upgraded inflation forecasts signal a strong likelihood of ...
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 ...
Talent fight heats up in India finance hub as two chiefs quitGIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resig...
IIFL Finance nets $500 million in overseas bond salesIIFL Finance successfully raised $500 million through international dollar bonds, priced at 7.6% for a 3.25-year tenure. This marks India's...
ADB, StanChart ink partnership to support Indian firms across supply chainsThe Asian Development Bank and Standard Chartered Bank have partnered to boost supply chain finance in India. Agreements include risk-shari...
Avaada secures $950 million from global, domestic BanksAvaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project...
Mumbai property market records best-ever May performanceMumbai's property market achieved a record high in May with the most registrations ever for the month. This shows strong buyer interest des...