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FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...- Carlyle seeks banks for India IPO of healthcare RCM providerCarlyle has sought investment bank pitches for a potential India IPO of its healthcare revenue cycle management platform created through th...
- 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%...
- Wealth firm Nexedge Capital looking to close a $25 million funding round to be led by MiraeNexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million funding round. South Korean firm M...
- Harsh Goenka shares viral story of Maja Chwalińska: No hotel money a week ago, now career-high prize money. Here's how her life changed in just seven daysMaja Chwalińska's journey from struggling with hotel bills to reaching the French Open final is captivating. A week ago, she needed help wi...
- Love samosa, pakoras and vada pav? FSSAI issues fresh warning on newspaper-wrapped street snacks. Here's why it could be riskyIndia's food safety regulator, FSSAI, has reissued a stern warning against using newspapers for wrapping, serving, or storing food like sam...
- This weapon found in an Egyptian pharaoh's tomb wasn't made on Earth. Scientists solve a 3,000-year-old mysteryA mysterious iron dagger found in King Tutankhamun's tomb was made from space metal. Scientists confirmed the weapon's blade contains meteo...
- Delhi Malviya Nagar Hauz Rani fire update: B&B chef switched off main power during blaze, trapping guests, say policeA Delhi bed and breakfast fire, claiming 21 lives, has led to the arrest of its chef, Keshav Negi. Investigators suspect his actions, inclu...
- 'Mumbai takes it back quietly': Investment banker reveals Rs 1.3 lakh monthly expenses with no vacations, sparks debate on savingsAn investment banker in Mumbai revealed a monthly expenditure of Rs 1.3 lakh, excluding vacations, for basic living expenses in Worli. This...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- Data centre developer Switch in talks to raise funds at $50 billion-plus valuation: ReportBrookfield Asset Management, KKR and other private equity and institutional investors have been in talks to invest in the round, the repor...
- Sagar Defence Engineering said to explore public listingSagar Defence Engineering is reportedly exploring an Initial Public Offering (IPO) valued between ₹2,000-3,000 crore. The company, which de...
- Credit guarantee scheme for MFIs still stuck in low gearBanks have received an aggregate loan demand of Rs 10,000-12,500 crore under the scheme, according to people familiar with the matter. Whil...
- Kuku FM's parent confidentially files for Rs 3,500 crore IPOAudio and video platform Kuku has confidentially filed draft papers with Sebi for a Rs 3,500 crore IPO. The company aims for a Rs 15,000 cr...
- Parliament panel meeting discusses concerns over rupee, sluggish private investmentMembers of a parliamentary committee voiced concerns about the rupee's decline and slow private investment. The government stated India's e...
- Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
- ‘IPL is done, get back to business’: Why Uday Kotak thinks Google’s $80 billion raise is a wake-up call for India IncBanking doyen Uday Kotak has urged Indian companies to invest in the future, calling Alphabet's $80 billion fundraise a wake-up call. He em...
- India tightens checks on overseas flows as currency pressure mounts, sources sayIndia's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple ...
- Coca-Cola uncaps IPO plans for India bottling business, eyes 2027 listingThe Coca-Cola Company is preparing to take its India bottling business, Hindustan Coca-Cola Holdings (HCCH), public in a significant IPO ex...
- Banks seek easing of guarantee curbs to draw more NRI fundsIndian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspo...
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