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...

Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...

The Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...

Yash Highvoltage shares surged after ace investor Madhusudan Kela's firm bought nearly 14,000 shares. The company's board approved a prefer...

India has surged to become the world's leading ship-recycling nation in 2025, achieving this milestone ahead of schedule. This significant ...

RBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...

Aurobindo Pharma's US arm has secured Federal Trade Commission approval for its $250 million acquisition of Lannett Company. This strategic...

The Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines...

An ammonia gas leak was reported on Sunday at the St Peter's Paul Seafoods Exports facility located in Kannigaipair near Periyapalayam in T...

India stands at the forefront of the Asian Development Bank's investment strategies as the lender aims to deploy roughly USD 1 billion in d...

Union Home Minister Amit Shah lauded Prime Minister Narendra Modi's 12-year tenure, stating it will be remembered for building a resurgent ...

For Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...

The Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions for uniform loan sanctions and repa...

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...

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

India Inc faces challenges ahead. Geopolitical tensions in West Asia and El Nino conditions may hurt company profits. Operating profit marg...

A Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency serv...