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Bank of Maharashtra, Canara Bank eye dollar debt issuance this month, bankers sayCanara Bank and Bank of Maharashtra will raise $500 million each through dollar bonds. These lenders will issue three-year or five-year pap...- From bank queues to QR codes: Flood-hit Nepal's digital shift in philanthropyNepal's digital payment systems now facilitate swift disaster relief donations. QR codes and mobile banking enable direct person-to-governm...
- FII money trail: Where did overseas investors put money in second half of August after $3 billion inflow?Foreign portfolio investors poured over $3.2 billion into Indian equities in August, marking their strongest monthly inflow since September...
- 228% return on SGB premature redemption date today: Gold bond turns Rs 1 lakh investment into nearly Rs 3.28 lakhThe Reserve Bank of India has announced the premature redemption terms for the SGB 2021-22 Series VI gold bond. Investors can redeem this s...
- Gold slides after robust US payrolls boosts rate hike betsGold prices experienced a downturn on Friday, setting the stage for a weekly loss as solid US job data raised the bar for anticipated rate ...
- ByteDance secures $29.6 billion loan in AI push, sources sayByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan...
- Global Market: JGB yields extend fall as stronger yen, hawkish BOJ outlook lift sentimentJapanese government bond yields extended their decline on Friday as a stronger yen and expectations of a hawkish Bank of Japan stance lifte...
- A curious bookbinder from London in 1821 placed a current-carrying wire near a magnet and made it continuously rotate - a seemingly simple experiment by the devout Christian uncovered the principle behind the electric motor and helped set the course for modern electrical technologyMichael Faraday's pioneering research set the foundation for the electric age. His groundbreaking experiment in 1821 showcased how electric...
- A tiny ceramic jug buried nearly 600 years ago in Russia held more than 2,600 silver coins. Archaeologists have a chilling theory about why its wealthy owner never returnedA small ceramic jug discovered in Russia's Kolomna has revealed more than 2,600 silver coins buried nearly 600 years ago. The remarkable ho...
- USCIS launches new resources for R-1 religious workers and employers: What applicants need to knowUSCIS has updated guidance for R-1 religious workers and employers. New rules outline eligibility, filing procedures, and documentation req...
- Record FCNR (B) inflows as banks mobilise $127 blnBanks mobilized over $127 billion from FCNR(B) deposits by August 31. Total dollar inflows reached $136.37 billion through special schemes....
- HSBC sets final guidance for Samurai bond sale, term sheet showsHSBC Holdings has set the final price guidance for its upcoming Samurai bond issuance, featuring senior unsecured callable fixed-rate bonds...
- ICICI Bank raises $17.9 billion through FCNR(B) window, boosts lending liquidityICICI Bank secured approximately $17.88 billion via the RBI's special swap facility. This mobilization provides the bank with substantial f...
- Shadow lenders line up over Rs 10,000 crore in rupee bondsIn an exciting development, Indian shadow lenders are gearing up to raise a substantial sum of at least ten thousand crore rupees in the ne...
- Warren Buffett once called bonds a terrible investment but later massively invested in them. Here's whyWarren Buffett has long warned against long-term bonds, calling them a poor investment for investors with extended horizons. Yet Berkshire ...
- US debt hits $40 trillion. Here’s how Washington has tackled funding crises beforeAmerica has historically faced significant debt challenges and devised new funding methods. During the Civil War, new buyers were created f...
- Jindal Stainless expanding coin blanks manufacturing capacity by 20% to meet demandJindal Stainless is set to boost its annual coin blank production by twenty percent, responding to the escalating worldwide demand for non-...
- Bank credit, deposits decline in fortnight ended August 15: RBI dataBanking sector saw deposits withdrawn and credit outstanding decrease in the fortnight. Banks are not renewing bulk deposits, opting for fo...
- Irdai opens NDB's Maharajah INR bonds to insurersIn a circular dated August 27, the regulator said that it had received representation from New Development Bank to permit Insurers to inves...
- RBI working to give banknotes in your pocket a longer lease on lifeThe RBI is exploring ways to extend the life of banknotes, including surface coatings and polymer notes for lower denominations, Deputy Gov...
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