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US notifies sale of support services for India's Apache helicopters, M777A2 howitzersThe US has formally approved a significant military support package for India, including sustainment services for its Apache attack helicop...
Who is Kunal Shah? CRED founder who sold FreeCharge for ₹2,800 crore, built CRED into a $325M fintech giant, and now set to lead WhatsAppKunal Shah, the visionary behind CRED, is set to lead WhatsApp globally following Meta's substantial investment. Renowned for scaling CRED ...
World Bank approves USD 1.5 bn loan to support India's reforms, job creationIndia's push for private sector-led growth and job creation has received a significant boost with the World Bank approving USD 1.5 billion ...
11,983% profit! HFCL promoter’s Rs 10/share Jio bet may turn into Rs 5,800 crore windfallJio Platforms has formally kicked off its IPO journey by filing its DRHP with SEBI, highlighting the extraordinary wealth creation generate...
Banks seek RBI clarity on leveraged NRI FCNR deposit structuresIndian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...
China's domestic economy remains weak despite export boom, says Jefferies reportChina's economy shows a worrying trend: while exports are booming, especially in semiconductors, domestic demand is faltering. Consumer spe...
Bain Capital CLO tranche defaults in post-2008 first for EuropeA European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...
What actually determines your car's final selling price onlineIndia's booming used car market sees online valuations as a starting point, not a final offer. While platforms like Cars24 aim for transpar...
India's beauty, personal care market seen at $39 billion by 2030: FlipkartIndia's beauty and personal care market is set for a significant surge, projected to hit $39 billion by 2030. Flipkart's report reveals a s...
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...
NARCL makes fifth exit with Rs 575 crore recoveryAgson Global, a manufacturer of aroma ingredients, was admitted to insolvency proceedings by the National Company Law Tribunal following a ...
Gems, jewellery exports dip 2.49% to USD 2,047.80 million in May: Trade bodyIndia's gems and jewellery exports saw a dip in May. High gold prices and supply issues impacted overall shipments. Gold jewellery exports ...
Zydus Lifesciences completes acquisition of AssertioThe company has successfully completed the cash tender offer, through wholly-owned subsidiary, Zara Merger Sub Inc, for all the outstanding...
Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pcDuring May, India's gold imports skyrocketed by 34 percent, hitting USD 3.41 billion, as soaring gold prices fueled demand. In stark contra...
India's climate tech funding rose from USD 315 million to USD 2.6 billion in 5 years: ReportIndian climate tech funding saw a massive jump. Investments are now focused on electric vehicles, renewable energy, and infrastructure for ...
SBI revises FCNR(B) interest rates up to 5.75%: NRIs, OCIs & POIs can earn more on these depositsFCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...
US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...
11 Indian sailors convicted, ship fined $5.3 million for cocaine trafficking in NigeriaA Nigerian court has convicted eleven Indian sailors for cocaine trafficking. Their merchant vessel was fined over five million US dollars....
Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...
India's outward FDI commitments fall 49% month-on-month to $4.49 bn in May: RBI dataIndia's outward FDI commitments saw a significant 49.02% month-on-month drop to USD 4.49 billion in May 2026, primarily due to reduced equi...