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India, UAE step up efforts to expand rupee-dirham tradeOver 15% of India-UAE trade has been invoiced in local currencies since the rupee-dirham mechanism launched nearly three years ago. Both na...- FIFA World Cup fever fuels cyber scamsCybercriminals are exploiting the FIFA World Cup, creating thousands of fake ticket portals, merchandise stores, and streaming sites to sca...
- Goldman Sachs cuts India's 2026 CAD forecast to 1.3% of GDPIt expects India to be less vulnerable to higher crude oil prices than in previous years, citing lower oil intensity, improved energy effic...
- From bombs to billions: The strange economics of US-Iran peace dealIran and United States are set to sign a peace deal involving significant financial concessions and sanctions relief for Iran. The deal see...
- Rupee hits five-week high after oil plunges; traders eye further rallyThe Indian rupee strengthened against the U.S. dollar for a second day. This rise follows a drop in oil prices and measures by the Reserve ...
- Oil retreat hands RBI an assist in boosting rupee's near-term outlookA U.S.-Iran peace deal has led to a slump in oil prices, bolstering the Indian rupee. This, combined with the Reserve Bank of India's measu...
- Rupee rises 58 paise to 94.60 against US dollar in early tradeThe Indian Rupee strengthened significantly against the US Dollar on Monday. This surge followed the announcement of a peace deal between t...
- Powerball jackpot rises to $269 million for June 15 drawing - Here's what the winner could actually pocket on Monday nightThe Powerball jackpot has climbed to an estimated $269 million for the upcoming drawing. No ticket matched all numbers in the recent Saturd...
- DBS optimistic about India’s long-term structural growth: Chief says country must invest in talent; focus on wealth spaceDBS Bank's CEO views India as a significant long-term growth opportunity. The nation can benefit from the AI-driven demand for hardware. Ho...
- Unauthorised absence by RBI official grave misconduct: Bombay HC; upholds his removalThe Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work is grave misconduct. The court dism...
- FPI exodus continues, Rs 62,800 cr pulled out from equities in first fortnight of JuneForeign investors continue to sell Indian shares. They have withdrawn over Rs 62,853 crore in early June. This follows significant outflows...
- US-Iran war nearing end? Donald Trump says Sunday deal would reopen HormuzUS President Donald Trump announced a deal with Iran is set to be signed on Sunday. This agreement is expected to immediately reopen the St...
- RBI plans simpler cross-border payment approvals to boost MSMEs, exporters: EY reportThe Reserve Bank of India (RBI) is looking to simplify cross-border payment approvals and reduce regulatory friction for businesses and exp...
- Air India plans to downsize with owner Tata balking at lossesAir India is reportedly deferring aircraft deliveries, cutting flights, and postponing expansion plans following instructions from owner Ta...
- 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 ...
- Zelle to expand peer-to-peer payment service to India this yearZelle, a popular payment service, is set to launch in India later this year. This marks Zelle's first international expansion. The company ...
- Rupee to average around 96/USD in FY27; risks from oil, dollar persist: Motilal OswalThe Indian rupee is projected to average around 96 against the US dollar in FY27. However, this outlook faces potential challenges includin...
- 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...
- RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
- World Cup players to earn $5,000 each day for clubs from $355M FIFA fundFootball clubs worldwide will receive substantial payments from FIFA for players selected for the upcoming World Cup. A fund of $355 millio...
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