Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
11 Jun, 2026, 01.22 PM IST
The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
10 Jun, 2026, 10.03 PM IST
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...
10 Jun, 2026, 02.28 PM IST
Delhi police arrests bank deputy manager in Rs 67.92 crore mule account case linked to 159 cyber fraud complaintsDelhi Police apprehended Pabitra Kumar Biswal, a Deputy Manager at National Urban Cooperative Bank. He allegedly facilitated a mule account...
10 Jun, 2026, 02.13 PM IST
OpenAI weighs leasing Ohio data center with Nvidia backing: ReportOpenAI is in negotiations to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include finan...
10 Jun, 2026, 09.03 AM IST
SoftBank's attempt to get $6 billion OpenAI margin loan stalls: ReportThe company is considering various fundraising options, the report said, adding that it could still move forward with the margin loan at a ...
10 Jun, 2026, 07.46 AM IST
HDFC Bank raises MCLR by up to 10 bps across select tenorsFollowing the revision, the bank's MCLR, which is the lender's internal benchmark for pricing loans, stands in the range of 8.05% to 8.65%,...
10 Jun, 2026, 12.41 AM IST
You'll always have mummy-papa bankAfter spending 46 years as a sadhu, an Indian man returned to his hometown, humbly requesting alms from his aging mother. This poignant mom...
10 Jun, 2026, 12.05 AM IST
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...
09 Jun, 2026, 10.45 AM IST
RBI exempts bank swap deals from net unhedged FX exposure normBanks will benefit from new Reserve Bank of India rules. Swap deals for foreign currency funds will not count towards their overnight forei...
08 Jun, 2026, 10.05 PM IST
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...
08 Jun, 2026, 09.47 PM IST
Cerebras shares climb as Wall Street brokerages back AI chip strategyCerebras shares saw a rise on Monday. Several Wall Street firms initiated coverage with positive outlooks. They are backing the chip design...
08 Jun, 2026, 06.23 PM IST
Over 58 crore Jan Dhan accounts bring crores of Indians into formal banking system: Nirmala SitharamanFinance Minister Nirmala Sitharaman announced over 58 crore Jan Dhan accounts have integrated millions into formal banking. The Pradhan Man...
08 Jun, 2026, 02.48 PM IST
China, HK stocks open lower as global tech selloff spreads to AsiaChina and Hong Kong stocks opened lower, mirroring regional declines as investors worried about the AI rally's sustainability. Strong U.S. ...
08 Jun, 2026, 07.43 AM IST
Saturday bank holiday: Are banks open or closed today on June 6, 2026?Banks will be open today, June 6, 2026. This is the first Saturday of the month, a regular working day. Bank holidays vary by state, with t...
06 Jun, 2026, 08.43 AM IST
RBI governor says no plans to ease net open position restrictionsThe Reserve Bank of India will maintain its restriction on banks' net open positions. Governor Sanjay Malhotra confirmed no plans exist to ...
05 Jun, 2026, 07.07 PM IST
Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
05 Jun, 2026, 10.01 AM IST