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Rajesh Exports under ED lens after probe finds missing records and Rs 3,000 crore opaque transactionsThe Enforcement Directorate has uncovered significant suspected violations of the Foreign Exchange Management Act (FEMA) during searches at...
JBM Auto secures Rs 750 crore investment for e-bus deploymentJBM Auto's unit has secured a significant Rs 750 crore long-term investment from Motilal Oswal to deploy 2,000 e-buses and bolster India's ...
RBI not in favour of offshore settlement for sovereign bonds: ReportIndia's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...
RBI not in favour of offshore settlement for government securities, sources sayThe RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...
Adani Green in talks to raise as much as $1 billion in offshore borrowing after US settlementAdani Green Energy is planning to secure a significant offshore loan of up to $1 billion. This marks the company's first international borr...
Prudent ARC top bidder for Aban Offshore debtPrudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks ...
Pak's first Hangor-class submarine arrives at Karachi PortPakistan's Navy has received its first Hangor-class submarine from China. This marks a significant step in the Navy's modernization efforts...
Egypt’s Atlantis? Archaeologists discover 2000-year-old lost underwater city with gold, silver and a hidden templeA lost Egyptian city, Thonis-Heracleion, submerged over 2,000 years ago, is yielding spectacular treasures. Archaeologists found gold jewel...
RBI flags US-Iran war's impact on rupee, lists measures to manage forexThe Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, th...
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
Tether to launch 'official' stablecoin in Georgia, with government supportTether, a major stablecoin issuer, is set to launch a digital token for the Georgian lari. This move has the backing of Georgia's governmen...
Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
Hantavirus-hit cruise ship arrives in Spain's Canary IslandsA cruise ship carrying passengers with a hantavirus outbreak has arrived in Spain's Canary Islands. Most of the nearly 150 people on board ...
Yuan to top Yen in currency options trading: LCHThe yuan is poised to surpass the yen as the second-most traded currency against the dollar in foreign-exchange options, according to LCH. ...
Dollar hangs near six-week lows as investors bet on Iran peace dealExpectations of a possible Iran peace deal kept the US dollar near six-week lows as investors shifted toward riskier assets amid easing geo...
Capital market stocks: Time to change strategy? 10 stocks from different parts of the ecosystemThe capital market infrastructure sector has grown into a full-fledged, publicly-traded ecosystem. Today, investors can pick from exchanges...
India to push for reporting of offshore rupee trades despite resistance: ReportIndia plans to move ahead with a proposal mandating that banks report offshore rupee derivative trades despite objections from lenders, two...
Defending the rupee: Understanding the RBI’s new rules. Will they work?The RBI’s measures to defend the rupee have had their desired effect, with the Indian currency staging a smart recovery. But do these measu...