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Banks raise NRI deposit rates to draw dollar inflowsIndian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...- US markets plunge: Dow Jones, S&P 500 and Nasdaq crash as Trump’s Iran threat sparks a risk-off market selloff, pushing the U.S. dollar higher and oil prices sharply upwardDow Jones, S&P 500 and Nasdaq crashed as Trump’s Iran threat reignited fears of a wider Middle East conflict. Investors rushed into the U.S...
- India's economic growth rate to weaken at 6.6% in FY27 on slower investments, consumption: BMIIndia's economic growth is expected to moderate to 6.6 percent in the current fiscal year. This slowdown follows a robust 7.7 percent growt...
- Who is Zach Yadegari? US teen founder sold a gaming app for $100K, built $40M Cal AI, now launches 'Flow'Zach Yadegari, a US teen founder, achieved two successful startup exits before age 20, selling a gaming site for $100,000 and an AI calorie...
- Dollar shaky as investors weigh rate outlook, Middle East worriesU.S. dollar weakened amid new Middle East strikes and rising consumer inflation, causing investor unease about the Federal Reserve's policy...
- India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...
- FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
- FOREX-Dollar steadies following US strikes on Iran and ahead of inflation dataThe dollar held steady as U.S. strikes on Iran followed a helicopter incident, though President Trump downplayed the event. Investors await...
- SBI, PNB, other PSU bank stocks tumble up to 21% from record highs. Time to buy or wait?Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attrac...
- Dollar hovers around two-month high as Iran-Israel truce hangs in balanceThe US dollar is strong, nearing a two-month peak. Middle East tensions are fueling demand for the dollar. Traders are also betting on the ...
- India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
- Gift Nifty hints at muted start for D-Street; key trading cues for todayIndian benchmark indices experienced a sharp sell-off on June 8, influenced by global market weakness, escalating geopolitical tensions, an...
- Dollar firms after strong US jobs data, pushes yen through 160 levelThe dollar strengthened significantly, poised for over a 1% weekly gain following robust U.S. employment figures. Nonfarm payrolls exceeded...
- For a few dollars more: Inflation bypass can hurtIndia's central bank holds interest rates steady despite rising inflation. The focus shifts to stabilizing the rupee with a new dollar depo...
- India’s seafood exports jump 70% in a decade, outpace global trade growth: Piyush GoyalIndia's seafood exports increased by 70 per cent in dollar terms from 2014 to 2025, contrasting sharply with a global international seafood...
- India, US to execute first tranche of bilateral trade agreement by mid-July, says Piyush GoyalIndia and the United States will implement the initial part of their trade agreement by mid-July. This deal will provide Indian exporters w...
- Rupee rises 50 paise to 95.24 against US dollar post RBI policy decisionThe rupee strengthened significantly against the US dollar, gaining 50 paise to reach 95.24 following the RBI's liberalization of FPI inves...
- Yen hits key 160 level for third session, dollar buoyed by Gulf woesThe Japanese yen is nearing a critical 160 per dollar level, prompting warnings of decisive action from Tokyo. Meanwhile, the U.S. dollar i...
- Indian immigrants founded more US unicorns than any other nationality: ReportIndian-born entrepreneurs lead in founding US billion-dollar startups. They have established 96 unicorns. Immigrants overall founded 59% of...
- RBI contains rupee's fall, shrinks dollar-rupee forward premiumsThe Indian rupee and dollar-rupee forward premiums declined as importer hedging, foreign portfolio outflows, and likely central bank interv...
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