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...
13 Jun, 2026, 11.32 AM IST
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...
13 Jun, 2026, 12.34 AM IST
Manipur CM urges NITI Aayog to drive state's recovery and developmentManipur Chief Minister Yumnam Khemchand Singh urged NITI Aayog to spearhead the state's economic recovery and long-term development, emphas...
12 Jun, 2026, 11.49 PM IST
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...
12 Jun, 2026, 08.28 PM IST
IMF cuts eurozone growth forecasts again on energy inflation risksThe International Monetary Fund has issued a stark warning. The ongoing Middle East conflict is impacting eurozone growth more than previou...
12 Jun, 2026, 07.12 PM IST
Gold on course to log worst yearly fall since 2013 if West Asia troubles continue. Time to sell?Gold has fallen over 25% from its peak despite ongoing geopolitical tensions in West Asia, marking a sharp divergence from its traditional ...
12 Jun, 2026, 10.37 AM IST
Dollar steadies on ceasefire prospects, PPI eases pressure on FedThe dollar strengthened Friday after President Trump's decision to cancel planned attacks on Iran, suggesting a potential ceasefire deal. T...
12 Jun, 2026, 06.46 AM IST
Weeks after BJP takes charge, Bengal unlocks ₹126 crore in tribal welfare fundsWest Bengal is now accessing central government schemes for tribal welfare. Projects worth ₹126 crore have been approved. These funds will ...
11 Jun, 2026, 11.26 PM IST
India sees $3 billion debt fundraising rush as yields slump after RBI moves, bankers sayIndian companies are actively raising short-term debt. This surge follows central bank actions that significantly reduced borrowing costs. ...
11 Jun, 2026, 05.49 PM IST
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
11 Jun, 2026, 01.22 PM IST
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
11 Jun, 2026, 10.22 AM IST
Karnataka seeks fast-track central clearance for Rs 13,549-crore Bengaluru mobility projectsKarnataka Chief Minister D K Shivakumar urged Union Minister Manohar Lal Khattar to expedite approvals for infrastructure projects worth Rs...
10 Jun, 2026, 08.19 PM IST
Firms defaulting on labour wage may face ban from govt tendersCentral agencies can now ban contractors from government projects for failing to pay worker wages or social security contributions. Repeat ...
10 Jun, 2026, 04.23 PM IST
RBI "opens the floodgates": Dhawal Dalal on why now may be the best entry point for debt investors in two yearsIndia is attracting foreign debt capital by removing taxes and easing borrowing rules. This move is expected to inject significant liquidit...
10 Jun, 2026, 02.57 PM IST
Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
10 Jun, 2026, 02.27 PM IST
RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
09 Jun, 2026, 12.31 AM IST
UDF govt attempting to implement PM SHRI scheme, alleges CPI(M) leader SivankuttySenior CPI(M) leader V Sivankutty alleged the Kerala government is spreading misinformation about the PM SHRI scheme. He stated the previou...
08 Jun, 2026, 02.46 PM IST