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Dubai set to launch ‘Rent Now, Pay Later’ service in September; tenants could pay annual rent over 12 months with no interest- Jio Financial shares jump 3% as Bank of America set to acquire 50% stake in Jio Credit for Rs 18,268 crore
- Bank of America invests around Rs 18,268 crore for 49.9% stake in Jio Credit
- Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore dealJio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% i...12 Aug, 2026, 09.13 PM IST
- Axis Bank raises $300 million via bondsAxis Bank has successfully secured USD 300 million from international investors, aimed at bolstering its growth initiatives. With a coupon ...12 Aug, 2026, 05.42 PM IST
- Rupee nudges up on RBI intervention; investors eye inflation dataThe Indian rupee finished the day marginally higher, propelled by ongoing tensions in the Middle East. Continuous interventions from the ce...12 Aug, 2026, 03.56 PM IST
- Bank of America to deploy $250 billion for US digital, infrastructure projectsBank of America plans to invest $250 billion in American infrastructure projects. This initiative will support digital and energy infrastru...12 Aug, 2026, 03.06 PM IST
- JioBlackRock Flexi Cap Fund adds Bandhan Bank, 14 other stocks; exits Vedanta, 17 more in JulyJioBlackRock Flexi Cap Fund added 15 stocks and exited 18 in July, with Bandhan Bank and Punjab National Bank among its key additions. The ...12 Aug, 2026, 01.58 PM IST
- Fed may talk less and let markets lead. That could spell more volatility for IndiaUS Federal Reserve chief Kevin Warsh’s push to reduce forward guidance and shrink the Fed’s balance sheet could increase global market vola...11 Aug, 2026, 11.53 PM IST
- Apple Pay coming to India in October, UPI support may be delayed: ReportApple Pay may launch in India this October without UPI support. The service will initially use tokenized Visa and Mastercard credit cards. ...11 Aug, 2026, 02.30 PM IST
- Global Market: Singapore raises 2026 growth forecast on AI boom, resilient global economySingapore raised its 2026 economic growth forecast to 4.5%-5.5% from 2.0%-4.0%, supported by stronger-than-expected AI investment and a mil...11 Aug, 2026, 10.24 AM IST
- Rupee falls 8 paise to 95.38 against US dollar in early tradeIn early trading on Tuesday, the rupee fell by eight paise against the US dollar, closing at 95.30 from the previous day. Ongoing tensions ...11 Aug, 2026, 10.10 AM IST
- Moving to Australia? Indians are sorting money before packing bagsIndian professionals moving to Australia are increasingly planning finances before migration, with many seeking bank accounts before arriva...10 Aug, 2026, 05.29 PM IST
- Global Market |Bank of Japan signals vigilance on Yen weakness, keeps door open for rate hikesThe Bank of Japan monitors yen weakness closely, with Governor Kazuo Ueda highlighting its impact on import costs and inflation. While shor...10 Aug, 2026, 03.00 PM IST
- Govt taps inputs from public sector banks to lure foreign capitalGovernment will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...10 Aug, 2026, 08.36 AM IST
- Global banks are pulling back credit cards once prized by rich IndiansSeveral offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-...09 Aug, 2026, 11.47 PM IST
- Rajya Sabha to take up Taxation, Bankers’ Books bills on MondayThe Rajya Sabha will consider two important bills on Monday. The Taxation and Other Laws (Amendment) Bill proposes significant tax changes....09 Aug, 2026, 09.14 AM IST
- RBI proposes leverage buffer for branches of global systemically important banksUnder the draft directions, a branch of a G-SIB operating in India will be required to maintain a minimum leverage ratio of 3.5 per cent, a...08 Aug, 2026, 05.14 PM IST
- RBI proposes a leverage ratio of 3.5% for ‘important’ global banksThe Reserve Bank of India has proposed new leverage ratio requirements for banks. Globally systemic important banks will face a minimum 3.5...08 Aug, 2026, 12.48 AM IST
- Indian banks' new hunt for diaspora dollars pumps up loans marketsIndian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...04 Aug, 2026, 09.30 AM IST
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