Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...
Delhiās latest side hustle: People are getting paid to shop alongside strangers, carry bags, stand in queues and even unfold a chairDelhi's markets are seeing a rise in hourly "personal helpers" who assist shoppers with tasks like carrying bags and waiting in queues. Thi...
Bengaluru couple earning Rs 70 lakh per year are living paycheck to paycheck. Investor reveals why: 'They are not bad with money...'A high-earning Bengaluru couple, earning Rs 70 lakh annually, is living paycheck to paycheck due to the city's high cost of living. Their s...
IT a tactical buy; Devarsh Vakil reveals 5 sectors worth buying as markets turn volatileLeading analyst Devarsh Vakil suggests Indian markets offer compelling buying opportunities now, with valuations correcting to attractive l...
SIS Ltd eyes Rs 20,000 crore revenue in FY27; targets 5 lakh workforce by 2030SIS Ltd targets Rs 20,000 crore revenue by FY27. The security and facility management firm anticipates strong growth fueled by network expa...
Raghav Chadha's BJP move has a lesson from corporate employees: 'Leave the company if not...'. Check the viral post hereFormer Aam Aadmi Party leader Raghav Chadha has joined the BJP and the politician's move has a lesson for corporate employees. In a post go...
As costs remain high, MFIs raise ratesMicrofinance lending rates are rising for the poorest borrowers. This is happening despite a government credit guarantee scheme designed to...
Global banks play hedge card after RBI blow on rupee betsForeign banks are reportedly reclassifying arbitrage deals, impacted by RBI's rupee speculation clampdown, as hedges for capital from overs...
MNC banks resist RBI plan to access offshore deal dataThe Reserve Bank of India wants details on overseas rupee derivative trades. Foreign banks operating in India are resisting this move. They...
RBI rolls out rules to reclassify FPI investment as FDIThe current law says an FPI cannot hold more than 10% of the total paid-up equity capital as portfolio investment in an Indian company. The...
Parents of FPIs to be considered as 'legal entity'FPIs registered with the Securities & Exchange Board of India (Sebi) are often arms of offshore mother institutions. In such cases, the reg...
RBI sets July 30 deadline for banks to move current accountsThe move, initiated more than a year ago, could trigger a migration of many lucrative current accounts - which lower a bank's fund cost and...
LIC shuns MNC banks as custodiansFor years, Stockholding Corporation of India (SCIL), which is owned by various financial institutions including LIC, served as the custodia...
Foreign banks should play a role India's development: RBIReserve Bank Deputy Governor K C Chakrabarty today said MNC banks must play their roles in the nation's development.
- Exim Bank's special treatment for MNC banks irks local lenders
Some of the local lenders and financial institutions were up in arms against two European banks after a Rs 1,100 crore-bond placement by Ex...
- MNC banks cash in on arbitrage opportunity
MNC banks are cashing in on the arbitrage opportunity between the local currency market and the unofficial, offshore market for the rupee, ...
- Re gains on $ sales by MNC banks
The rupee on Monday ended at 44.18/19 per dollar as against the previous close of 44.26/27 vis-a-vis the greenback.