Indian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...

SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announ...

WhatsApp's long-serving chief, Will Cathcart, is moving to a new product development role at Meta after nearly seven years. Cred founder Ku...

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.

Melinda French Gates is urging tech titans poised for wealth from upcoming IPOs to commit to giving away at least half their fortunes for p...

A potential deal to end the war between Washington and Tehran presents a paradox: sanctions relief could significantly empower Iran's Revol...

Abu Dhabi's AI investor, MGX, is reportedly exploring the acquisition of Singapore-based data centre operator DayOne, signaling a significa...

South Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...

A Pakistani-American businessman, Pervez Siddiqui, and seven associates face charges for an alleged $38 million Medicaid fraud scheme. Pros...

The Central Bureau of Investigation (CBI) has conducted searches on Wednesday, at 8 locations in Kolkata, West Bengal, in connection with t...

To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. ...

The Louvre museum is struggling to find funding to upgrade its ageing facilities, its new director said Wednesday, following a litany of pr...

Following RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...

HDFC Bank plans to raise at least $500 million via dollar bonds this week, utilizing the central bank's subsidized hedging window. The five...

Uttar Pradesh's mass marriage scheme is using technology to prevent fraud. Online applications and digital verification are identifying ine...

The Reserve Bank of India, too, raised concerns over higher inflation due to low average rainfall and supply chain disruptions due to geopo...

Sam Bankman-Fried, convicted in the FTX cryptocurrency empire collapse, has formally applied for a presidential pardon. He submitted his ap...