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...
10 Jun, 2026, 05.21 PM IST
Short-end Indian debt gains as RBI dollar measures spur buyingShort-term Indian government bond yields have dropped to their lowest in three months. This move steepens the yield curve significantly. Ex...
10 Jun, 2026, 04.31 PM IST
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...
10 Jun, 2026, 04.02 PM IST
Former SBI Capital Markets chief Arun Mehta named Edelweiss ARC CEOEdelweiss Asset Reconstruction Company is thrilled to announce Arun Mehta's appointment as CEO, following an extensive search process by Ko...
10 Jun, 2026, 09.52 AM IST
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
10 Jun, 2026, 12.27 AM IST
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
09 Jun, 2026, 08.44 PM IST
Despite geopolitical crisis, India's economic fundamentals and strategic partnerships will sustain growth: World BankIndia's economy shows strong growth potential. The World Bank believes this momentum will continue. Investments in people and businesses ar...
09 Jun, 2026, 01.47 PM IST
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...
09 Jun, 2026, 09.36 AM IST
Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...
09 Jun, 2026, 12.58 AM IST
Edelweiss Alternatives’ Subahoo Chordia quits, likely to launch own fundSubahoo Chordia, a key figure at Edelweiss Alternatives, has departed to launch his own infrastructure fund. He was instrumental in buildin...
08 Jun, 2026, 05.25 PM IST
'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...
07 Jun, 2026, 10.49 AM IST
Wall Street giants tout SpaceX as Musk speaks at pre-IPO investor eventWall Street investment banks are hosting exclusive events for potential SpaceX IPO buyers, offering rare access to top executives. Elon Mus...
05 Jun, 2026, 08.55 AM IST
BofA taps Avendus dealmaker Anshul Gupta in major post-Mizuho exitBank of America is strengthening its India operations. Anshul Gupta joins from Avendus Capital to lead the investment banking division. Thi...
04 Jun, 2026, 04.09 PM IST
TIIF to shape a new investment architecture for Central AsiaTashkent will host a major investment forum from June 16-19. This event aims to establish Central Asia as a new hub for economic growth. Th...
04 Jun, 2026, 08.21 AM IST
China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
03 Jun, 2026, 01.43 PM IST
ONDC raises Rs 220 crore from Zoho, Uber, Paytm, BSE; eyes additional capitalWhile Zoho Corporation has invested Rs 70 crore as a part of this round, Uber and Paytm have invested Rs 60 crore each. BSE Technologies ha...
02 Jun, 2026, 07.12 PM IST
Maharashtra cabinet clears proposal to avail USD 50 cr AIIB loan for rural roads scheme under Gram Sadak YojanaMaharashtra's cabinet has approved a USD 50 crore loan from the Asian Infrastructure Investment Bank for rural road development on Tuesday....
02 Jun, 2026, 03.39 PM IST