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On This Day in History, June 13: Alexander dies, Miranda ruling, Korea summit, FIFA 2026 awarded to US-Canada-Mexico, Trump charged and more eventsOn This Day in History, June 13 witnessed the death of Alexander the Great, the signing of the enduring Anglo-Portuguese alliance, the land...- RBI forex measures to lower banks' overseas borrowing costs by 2-2.5 per cent, aid inflows: ReportNew RBI measures aim to make overseas borrowing cheaper for banks. External commercial borrowing costs may drop by up to 2.50 percent. This...
- US military confirms attack on third Indian-crewed tanker off Gulf of OmanUS forces disabled a third oil tanker in the Gulf of Oman. The ship was attempting to transport oil from Iran. US aircraft fired missiles i...
- Three missing Indian seafarers dead after US strike on tanker in Gulf of OmanThree Indian seafarers have died following a U.S. military strike on a tanker in the Gulf of Oman. The U.S. stated the vessel failed to fol...
- 3 Indians missing after US strikes commercial vessel off Oman coast, New Delhi summons American diplomatThree Indian sailors are missing after a US military strike on the commercial vessel Settebello. The ship was attacked off Oman's coast. Tw...
- Importers fret over China's new critical mineral frameworkNew Chinese regulations on mineral resources are causing worry for Indian businesses. Beijing is linking vital mineral supplies to its nati...
- Bank stocks rally as RBI steps lift mood, trigger short coveringOn Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...
- These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
- 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...
- 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...
- Cost benefit in the long run: India needs right energy, at the right place and at the right timeCritics question the market viability of Small Modular Reactors (SMRs) due to high costs compared to renewable energy. However, a full syst...
- RBI offers concessional swaps for PSUs, NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include offering special swap facilities to encourage state-o...
- 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...
- Saudi Arabia issues new property ownership rules for foreign companiesSaudi Arabia has updated rules for foreign companies wanting to buy property. These companies do not need to conduct business in the Kingdo...
- Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum MinistryThe Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid...
- More than 500 lives lost in fire incidents over six years, raising serious safety concernsA devastating fire at a Malviya Nagar bed and breakfast, claiming 21 lives, has renewed scrutiny of Delhi's fire safety infrastructure. Thi...
- RBI proposes tighter disclosure norms for deposit rates, links bulk deposit pricing to liquidity rulesThe Reserve Bank of India is proposing new rules for bank deposit interest rates. Banks will need to publish their rates daily. They can al...
- Rupee posts biggest daily gain in 2 months, closes at 94.94 vs USD as RBI ramps up currency defenceThe rupee gained 0.9% to end at 94.9450 per dollar, its biggest gain since April 2. Forward premiums, the cost of hedging FX exposure, pl...
- VECV sales rise 7.8 pc in May at 7,978 unitsVE Commercial Vehicles, a joint venture of Volvo Group and Eicher Motors, reported a 7.8 percent rise in total sales for May. The company s...
- Commercial vehicle makers strengthen non-core business to ride out 'cyclical' bumpsIndia's commercial vehicle makers are diversifying beyond truck sales to stabilize revenue. Companies like Tata Motors, Ashok Leyland, and ...
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