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India Inc remains bullish on FY27; Telecom, defence, banking seen driving growth: ReportIndian businesses are optimistic about FY27. Telecom, defence, metals, and banking are set for growth. Companies expect demand to remain st...- War-wary, May equity MF inflows fall 40% to year lowEquity mutual fund inflows experienced a significant 40% drop in May, reaching a 12-month low of ₹22,908 crore. This decline, the steepest ...
- Some lenders hike rates on FX deposits for non-resident IndiansIndian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...
- Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
- RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
- NSE to route 10% of CSR spending through Social Stock Exchange after regulatory green lightNSE will channel 10% of its annual CSR corpus through the Social Stock Exchange, becoming an early institutional adopter of the platform. T...
- From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
- Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
- Ficci proposes 700MW PHWR tech transfer framework to boost nuclear energy investmentIndian industry is pushing for a clear framework to license and transfer technology for indigenous 700MW PHWR reactors to private players. ...
- 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...
- RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
- A 7.8 magnitude earthquake in the southern Philippines causes 35 deaths, damage and a tsunamiThe quake hit about 20 km off Sarangani province early Monday, triggering tsunami warnings across parts of Southeast Asia. Tremors were fel...
- Cockroach Janta Party founder Dipke arrives in Delhi, urges peaceful Jantar Mantar protestAhead of a planned protest at Jantar Mantar, Cockroach Janta Party founder Abhijeet Dipke urged supporters to ensure a peaceful demonstrati...
- Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
- How did Kareena Kapoor Khan maintain perfect 10 figure without giving up her ‘first love’ ghee on parathas? ‘As long as your intake…’Contrary to popular weight loss advice, Kareena Kapoor Khan embraces dairy, calling ghee her "first love" and a staple in her Punjabi diet....
- Maharashtra: Cops deployed at CJP founder Dipke's residence in Chhatrapati SambhajinagarSecurity has been heightened at the residence of Abhijeet Dipke, founder of the Cockroach Janta Party (CJP), in Chhatrapati Sambhajinagar a...
- Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...
- The fall of the TMC machine and the rise of political survivalismIn Bengal, 'paara' (neighbourhood) serves as the primary political unit for leadership engagement. Securing electoral victory requires paar...
- RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...
- Paying beyond disclosed rates to attract deposits not acceptable: RBI Guv Sanjay MalhotraReserve Bank Governor Sanjay Malhotra stated that paying interest rates higher than disclosed is unacceptable to the central bank. While ac...
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