Nifty Bank rallies 1,000 points; HDFC Bank, IndusInd, Yes Bank, and other stocks jump up to 3%. What lies ahead?Banking stocks rallied sharply on Monday, pushing the Nifty Bank index nearly 1,000 points higher as easing geopolitical tensions and falli...
Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...
Seyyed Abbas Araghchi says war with US shows "regional security cannot be based on eliminating or ignoring Iran"Iran's Foreign Minister Seyyed Abbas Araghchi declared that regional security demands cooperation from all nations. He emphasized that rece...
Protest erupts in Iran against Araghchi over prospective US peace dealProtests have erupted in Iran following discussions of a peace deal with the United States. Demonstrators in Mashhad and Tehran are voicing...
Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflowsBanks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...
US Stocks: SpaceX leveraged fund providers hit by day-one launch setback, sources sayIn light of recent developments, asset managers are now facing a delay on the introduction of leveraged SpaceX exchange-traded funds. The S...
Amazon leveraging own charging infrastructure to grow electric delivery fleet in IndiaAmazon is relying largely on charging infrastructure at its own delivery stations to power its growing electric vehicle fleet in India, eve...
States must leverage trade pacts to attract investment: PM ModiPrime Minister Narendra Modi encouraged regional leaders to enhance trade collaborations and simplify business operations, stressing the ne...
India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
'Time to cherry pick again': Porinju Veliyath says small and midcaps have bottomed & Thomas Cook is his latest buyPorinju Veliyath sees the correction in small and midcap stocks ending. He believes patient investors will find rewards. Thomas Cook India ...
'I should never have met him': Bill Gates tells Congress Jeffrey Epstein leveraged his infidelities to pressure himBillionaire Bill Gates testified to the House Oversight Committee that he was unaware of Jeffrey Epstein's criminal activities and regrets ...
Pimco says ‘credit loss cycle’ has begun, favours quality bondsPacific Investment Management Co. warns the credit loss cycle is imminent, driven by heavy AI spending that could widen economic disparitie...
Quote of the day from investing legend Howard Marks: 'You have to be prepared for when things go against you. You have to survive on the bad days' - Life and investing lessons from Mastering the Market Cycle authorHoward Marks, a renowned investor, stresses survival over maximum returns. In one of his famous quotes, he advises investors to build resil...
RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
Private sector banks are the best contrarian bet for the next 3 years, says S NarenICICI Prudential AMC CIO S Naren warned that rising leverage through derivatives and margin trading poses a bigger risk than any slowdown i...
Citi leverages AI to transform payments, boost efficiency and enhance cross-border transactionsCiti is leveraging AI to revolutionize its payments business, enhancing developer efficiency by up to 40% and streamlining complex cross-bo...
Rupee slide pushes overseas students back to lenders for top-up loansA significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...