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SYSTEMIC LIQUIDITY
ED searches Bengaluru firms over alleged crypto-linked cross-border money transfers; probe estimates over Rs 2,500 croreBengaluru's Enforcement Directorate has raided six locations over alleged illegal cross-border money transfers exceeding Rs 2,500 crore usi...
Earth’s North Pole has moved 1,400 miles. What happens next has experts paying attentionEarth’s magnetic north pole has been quietly on the move for decades, traveling thousands of miles from its original position in Canada tow...
Bandhan Bank increases FCNR(B) deposit rates to 7.1 pc after RBI forex swap moveBandhan Bank has raised interest rates on Foreign Currency Non-Resident Bank deposits for non-resident Indian customers. US dollar deposits...
India short-bond rally faces risks from cash drain, analysts SayBofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...
Banking liquidity falls to fiscal-year low, pushes up money market ratesMoney market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidi...
Japan is launching a world-first Hydrogen power engine, and it could change energy foreverJapan's latest energy breakthrough could make the path to cleaner power much easier than many expected. Instead of replacing existing syste...
RBI to conduct Rs 1 lakh cr 3-day VRR auction on Jun 19The Reserve Bank of India will conduct a Rs 1 lakh crore variable rate repo auction on June 19. This move aims to manage liquidity in the b...
RBI not in favour of offshore settlement for sovereign bonds: ReportIndia's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...
RBI not in favour of offshore settlement for government securities, sources sayThe RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...
Scientists are testing a new kind of air-conditioning, and the promise is cleaner cooling without refrigerants, but the big question is whether solid-state systems can ever match the efficiency of the ACs people already useNew solid-state cooling technologies are emerging to replace traditional air conditioners. These systems aim to reduce reliance on compress...
Bitcoin hovers near $65,500 as traders await fresh cues from ETF flows and US Fed policyBitcoin hovers around $65,500 as investors watch ETF activity, on-chain demand, and the US Federal Reserve. Ethereum sees a slight gain. Ma...
This jacket can turn air into drinking water, producing nearly 1 liter a dayA revolutionary jacket from the University of Texas at Austin can now generate drinking water from the air. This innovative wearable uses s...
The Next Frontier: LG's future is not just the TV and fridge in your homeLG Electronics is accelerating its transformation: LG Electronics is transforming from a home appliance maker to a technology powerhouse. T...
Scientists built a battery-free device that turns sunlight into fuelResearchers at Osaka Metropolitan University have developed a battery-free artificial photosynthesis system that continuously converts sunl...
FCNR(B) window may save banks Rs 4,000 croreBanks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...
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...
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 ...
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...
ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...