RBI settles for less in Rs 30,000-cr bond switchThe Reserve Bank of India accepted less than half of its notified amount. This occurred during a switch auction held on Monday. Traders ind...
NaBFID gets nod to raise ₹20,000 cr via Zero-coupon bondsNaBFID will issue zero-coupon bonds valued at twenty thousand crore rupees. This move supports the institution's long-term capital mobiliza...
Rs 1 lakh Investment turns into Rs 2.98 lakh: Sovereign Gold Bond 2021-22 Series premature redemption date todayThe Reserve Bank of India has set the premature redemption price for SGB 2021-22 Series-IV. Investors can redeem these bonds prematurely fr...
Global chip trophy: How India keeps its eyes on the ballTaiwan dominates advanced fabrication and foundry services, while South Korea and Japan lead in memory production and critical materials an...
Quote of the day by Eddie Vedder, 'The best revenge is to live on and prove yourself' teaches timeless life lesson on personal growth, motivational philosophy on psychology of emotional maturityQuote of the day by Eddie Vedder reminds us that the greatest victories are rarely won through retaliation. They are earned through resilie...
Quote of the Day by Tom Hanks: “But the battles against loneliness that I fought… – Inspiring lessons on loneliness, emotional strength, maturity, acceptance and why this too shall pass by the American actor known for his heartfelt performances and deep insights on human emotions and lifeQuote of the Day by Tom Hanks: Tom Hanks’ quote, “But the battles against loneliness that I fought when I was 16 are very different from th...
IDBI Bank ups FCNR ante with 16% on offerThe scheme allows customers to borrow up to 12 times their deposit amount and offers indicative effective annual returns of up to 16.2%, de...
Tata Group resorts to older tech to launch its chip forayTata Electronics will begin India's first chip production using older technology. The Dholera facility will initially focus on 90-nanometer...
Rupee closes at 96.34 vs USD; firmer Asia FX, oil dip offer little comfort as NDF maturities pinchOn Thursday, the Indian rupee experienced a slight decline versus the dollar, influenced by dollar demand associated with expiring non-deli...
FCNR(B) FD interest rates for NRIs: HDFC Bank, SBI, PNB, ICICI Bank and Axis Bank- which offers highest maturity on USD depositsGovernment support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks are now offering higher interest ...
US Stock Market: Money market funds shorten maturities as Fed rate uncertainty drives cautious positioningMoney market funds are shortening portfolio maturities due to Federal Reserve rate path uncertainty. Managers are favoring floating-rate no...
Tata Capital raises $400 million in global bond saleTata Capital successfully raised $400 million by selling dollar bonds abroad. Asian and European asset managers dominated demand for these ...
PFC raises USD 300 mn via bonds carrying floating interest ratesPower Finance Corporation has successfully secured USD 300 million via floating rate notes set to mature in July 2029. These instruments ad...
Tata Capital gives dollar bond guidance, final price by this week, bankers sayTata Capital is planning a new U.S. dollar bond issuance. The company seeks to raise between $400 million and $600 million. This debt offer...
India’s Rampur to represent Asia in global whisky climate studyIn an exciting development, Rampur Distillery will participate in a groundbreaking international climate study that focuses on whisky matur...
FCNR inflows may reduce banks' reliance on CD market in Q2 FY27: ReportForeign currency deposits may reduce bank reliance on certificate of deposit issuances. Strong credit growth will continue to support certi...
Quote of the day by famous psychiatrist Thomas Szasz: ‘A child becomes an adult when he realises that he has a right not only to be right but also to be wrong'Psychiatrist Thomas Szasz argued that true adulthood emerges through embracing human imperfection. He suggested that children transition to...