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FCNR(B): Data show banks have raised $20.7 bn under scheme; $10 bn more may flow inThe optimism follows RBI's disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that h...- Banks lure NRIs with high-return FCNR(B) deposits, warn of leverage risksBanks are attracting NRI dollar deposits through RBI's FCNR(B) window. These deposits offer projected returns of thirteen to sixteen percen...
- Bira 91 beer founder Ankur Jain quits board, gives up control in settlementBira 91 founder Ankur Jain has stepped down from the company's board. He is giving up all executive powers and ownership to settle disputes...
- Quote of the day by Michael B. Jordan, 'I think history repeats itself. There's a constant conversation between the oppressed and the oppressor' offers motivational inspiring lesson on power of learning from past as every generation encounters questions about fairness, opportunity, leadership, justice, freedomQuote of the day by Michael B. Jordan teaches readers to think deeply about the role history plays in shaping the present and the future. T...
- Indian banks mobilise $20.7 billion under RBI's special incentive windowIn a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a ...
- How NRIs, OCIs can get 45% annual return on $1 lakh FCNR (B) deposit as this bank in India offers 19X leverage; Should you go for it?HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy allows investors to borrow up to ...
- US reaches H-1B visa cap for FY2027, no second lottery to be heldThe US has reached its H-1B visa cap for Fiscal Year 2027, with USCIS confirming it received enough petitions to fill all 85,000 available ...
- LHS 1140 b Distance, Temperature, Gravity: What we know about an Earth-like place that has atmosphere, rocksLHS 1140 b: Astronomers have confirmed an atmosphere around a rocky exoplanet. This planet, LHS 1140 b, orbits within its star's habitable ...
- IDBI Bank ups FCNR ante with 16% on offerThe scheme allows customers to borrow up to 12 times their deposit amount and offers indicative effective annual returns of up to 16.2%, de...
- ETtech Deals Digest: Udaan, Emergent deals lift weekly funding to $346 million, up 332% on-yearIndian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with substantial large-stage deals. Lat...
- Reliance Retail Q1 results: Quick-commerce spends drag PAT 14% YoY to Rs 2,806 crore; revenue rises 7%Reliance Retail Q1 Results: Reliance Retail reported a 7.4% YoY rise in Q1 FY27 revenue to Rs 90,408 crore, while profit fell 14.2% as quic...
- Bharat Tex 2026 sparks debate over integrated retailer-exporter format; organisers defend domestic focusThis year, the government merged the summer edition of the India International Garment Fair (IIGF) with Bharat Tex, which some exporters cl...
- Nuvama initiates coverage on SG Mart, Siemens Energy India with Buy; sees up to 21% upsideNuvama Institutional Equities has initiated coverage on SG Mart and Siemens Energy India with ‘Buy’ ratings, citing strong earnings growth,...
- FCNR(B) FD interest rates for NRIs: HDFC Bank, SBI, PNB, ICICI Bank and Axis Bank- which offers highest maturity on USD depositsGovernment support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks are now offering higher interest ...
- India's capital account surplus may rise to $105 billion in FY27: Motilal OswalIndia's capital account surplus is expected to reach USD 105 billion in FY27. Stronger foreign capital inflows and improved portfolio inves...
- Udaan closes $160 million in equity-and-debt deal amid insolvency battleAround $45 million will come as debt from US asset management giant BlackRock's credit platform, while the remainder involves certain bondh...
- Indians remain the face of America's H-1B workforce, dominating visas, tech jobs and payIndian professionals secured nearly seventy percent of US H-1B visa approvals in fiscal year 2025. Technology occupations represented the l...
- Leadership reset revives rerating hopes at Just DialJust Dial's stock surged after announcing a transition to professional management. The company aims to bolster its business-to-business seg...
- TCS CEO on Q1 performance; B Capital on India’s IPO marketHappy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in toda...
- Phrase of the day by Lyndon B. Johnson, 'Yesterday is not ours to recover, but tomorrow is ours to win or lose', teaches life advice that future depends on present actions, importance of hope, circumstances influence people's livesPhrase of the day by Lyndon B. Johnson teaches enduring wisdom about personal responsibility, hope, and perseverance. The past cannot be ch...
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