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Explained: Why RBI’s FCNR(B) and ECB swap window could be a game changer for banksRBI’s FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive returns for NRI...
"Will significantly improve ticket booking efficiency": ZRUCC Southern Railway member on IRCTC website upgradeIndian Railways is set for a major digital upgrade. The passenger reservation system will see its ticket booking capacity surge from 32,000...
Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflowsIn an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...
What are US stock market, gold and silver price prediction for Monday? Market outlook after Wall Street gains and metals movementWhat are US stock market, gold and silver price prediction for Monday? Investors are assessing Wall Street's latest gains, developments in ...
Indian rupee also gains big against the US dollarIn a remarkable turn of events on Friday, the Indian rupee surged against the US dollar, largely due to a significant decrease in crude oil...
Wall Street Week Ahead: Newly led Fed poses wildcard for rockier US indexesInvestors are closely watching the Federal Reserve's first meeting under new Chair Kevin Warsh amid concerns that interest rate hikes to co...
RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...
India's forex reserves drop $711 million to $681.610 billion, RBI data showsIndia's foreign exchange reserves saw a dip of $711 million, settling at $681.610 billion by June 5. This decline was primarily driven by a...
Quant Small Cap Fund raises stake in Adani Enterprises and 8 others, trims in Aurobindo Pharma and 4 moreQuant Small Cap Fund increased exposure to Adani Enterprises and eight other stocks in May while reducing holdings in Aurobindo Pharma and ...
Cinema style smuggling bid foiled in Udanti-Sitanadi Tiger Reserve in GariabandAuthorities in Gariaband district successfully thwarted a teak smuggling operation. Inspired by a popular film, smugglers attempted to hide...
Brazil emerges as major rare earths source for IndiaBrazil is actively courting foreign investment including from India while pushing to localise the refining and processing value chain. Indi...
India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
UK watchdog investigates Ryanair over fees to seat parents with children; airline defends policyBritain's competition watchdog is investigating Ryanair over its "mandatory family seat" charge. The CMA is examining if the fee unfairly f...
India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrelsIndia and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked c...
The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
Guwahati HC upholds state's duty to clear forest encroachments, grants 30 days to vacateThe Guwahati High Court has upheld the Assam government's duty to clear reserved forests of encroachments. Alleged encroachers have been gi...
US working to release energy reserves, boost sales of gas to ASEANThe United States is taking significant steps to elevate its role in the energy landscape of ASEAN nations by releasing energy reserves and...
India A pull off a heist in Dambulla after Gaikwad's hundredIndia A narrowly defeated Sri Lanka A by eight runs in their tri-series opener. Ruturaj Gaikwad scored a century for India A. Sri Lanka A f...
Rupee gains as oil retreat soothes, inflow expectations erode weakening biasThe Indian Rupee strengthened on Tuesday due to falling oil prices. Regulatory measures are expected to reduce India's balance of payments ...
Centre has coal reserves for 80 days of power generation: Union Minister Kishan ReddyIndia possesses enough coal reserves to power the nation for 80 days. Union Minister G Kishan Reddy stated this achievement of the NDA gove...