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Meghalaya launches Rs 175.45 crore ‘Mission Golden Spice’Meghalaya launched Mission Golden Spice to enhance its Lakadong turmeric value chain. This initiative aims to establish the state as a glob...- Should children take loans to repay parents' debt? A son's dilemma about clearing father's Rs 40 lakh debt leaves internet dividedA young employee's Reddit post about whether he should take a Rs 40 lakh personal loan to help repay his father's debt has triggered a heat...
- Shapoorji secures commitments for Rs 21,350 cr from investors including Mercury Finance, Deutsche BankShapoorji Pallonji Group has secured investor commitments for its Rs 21,350 crore refinancing package, backed by its Tata Sons stake. The p...
- After record $29 billion selloff, FIIs buying India again. Chris Wood explains whyAfter a record $29 billion foreign selloff, FIIs have turned net buyers of Indian equities in July. Jefferies' Christopher Wood says the ea...
- South Korea to expand use of won-denominated bonds for foreign investorsSouth Korea has announced plans to enhance global acceptance of its currency by allowing foreign financial institutions to borrow won. Addi...
- Tamil Nadu's first budget under CM Vijay-led govt to be presented in first week of August: Minister Maria WilsonTamil Nadu's first budget under the new administration will be presented in early August. Chief Minister Joseph Vijay has been holding exte...
- 'Collateral-free education loans up to Rs 7.5 lakh extended to students': Tamil Nadu Minister K ViswanathanTamil Nadu aims to facilitate education loans for over one lakh students by 2026-27. The state government is committed to ensuring no stude...
- 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...
- Macros strong, but weak rains, war can hit growth: RBI Guv Sanjay MalhotraThe Indian economy expanded 7.7% in the last financial year, and the RBI has projected GDP growth of 6.6% for the current fiscal year despi...
- Banks seek RBI clarity on collateral-free loans up to Rs 20 lakh for small businessesBanks face challenges extending collateral-free loans up to twenty lakh rupees. Some accounts are not covered by the government guarantee s...
- Trump administration weighs $100,000 bond for some green card applicantsThe Trump administration is considering a $100,000 bond for some green card applicants. This proposal aims to ensure immigrants can financi...
- US Stock Market: Money market funds shorten maturities as Fed rate uncertainty drives cautious positioningMoney market funds are shortening portfolio maturities due to Federal Reserve rate path uncertainty. Managers are favoring floating-rate no...
- NSE, Augmont partner to expand Electronic Gold Receipts ecosystemNSE has partnered with Augmont Enterprises to expand the Electronic Gold Receipts (EGR) ecosystem, aiming to unlock India's vast household ...
- UK to issue first 'digital' bond by early 2027, finance minister saysBritain aims to become the first major economy to issue a digital sovereign bond. This initiative will test distributed-ledger technology f...
- Tata Capital joins the race to own a piece of India's dormant wealthTata Capital's acquisition of an 88.6% stake in Kerala-based Yogloans signals growing confidence in India's fast-expanding gold loan market...
- Tata Capital to buy 88.6% in Yogloans, enters gold loan businessTata Capital’s Yogloans buyout gives it an instant gold-loan platform, adding a high-yield secured product to its retail lending portfolio....
- Tata Capital forays into gold loans with Yogloans acquisitionTata Capital is entering India's gold loan market by acquiring a majority stake in Yogloans. This strategic move expands their retail lendi...
- Domestic prop trading firms face higher funding costs under RBI's new rulesNew Reserve Bank of India lending rules increase funding costs for local proprietary traders. These changes require 100% collateral for ban...
- Sebi aims to ease shorting by nearly doubling stocks eligible for borrowing: ReportIndia's market regulator is set to nearly double the number of stocks available for short selling, aiming to invigorate the cash market and...
- Collateral Damage: Proprietary traders feel the squeeze under RBI's new rulesNew RBI rules demanding 100% collateral for bank guarantees from July 1 are set to significantly impact proprietary trading desks. These fi...
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