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Indian financial firms to tap $1.5 billion overseas bonds this week: BankersIndian lenders are poised to issue approximately $1.5 billion in foreign-currency bonds this week, driven by a new, cost-effective hedging ...
SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...
TMC's Abhishek Banerjee meets LS Speaker, seeks disqualification of 20 'rebels'Trinamool Congress leader Abhishek Banerjee has submitted 20 petitions to Lok Sabha Speaker Om Birla, seeking the disqualification of 20 re...
SBI’s board clears record Rs 60,000 cr fundraise in FY27State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...
India to lead next phase of global steel demand, says Lakshmi MittalIndia is set to become the global leader in steel demand. This shift follows decades of strong growth from China. Lakshmi Mittal, executive...
NCPI founder members seek clarity on newly appointed presidentThe Nationalist Citizens Party of India is reaching out to Shiv Sena UBT MPs. The party anticipates its parliamentary strength will soon in...
HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
TMC MPs' NCPI merger bid revives memories of Arunachal's Khandu playbookTwenty rebel Trinamool Congress MPs plan to merge with a lesser-known party. This move echoes a 2016 Arunachal Pradesh political realignmen...
From Howrah village to parliament: NCPI in spotlightRebel Trinamool MPs are joining the Nationalist Citizens Party of India. This move has brought the little-known NCPI into the spotlight. Th...
NCPI's new avatar faces EC test; must inform, attest all changesTrinamool Congress rebels have reportedly merged with the Nationalist Citizen Party of India. This obscure party, registered in West Bengal...
What is NCPI? Why 20 TMC rebel MPs want to join this unknown Tripura party which could emerge as NDA's 2nd largest allyTwenty dissident TMC MPs have announced a merger with the Nationalist Citizens Party of India (NCPI), a move they say complies with anti-de...
TMC rebel MPs may seek separate party recognition, Speaker to decide: Dilip GhoshWest Bengal minister Dilip Ghosh said the Lok Sabha Speaker will decide on any request by rebel TMC MPs for separate party recognition afte...
TMC leader Derek O'Brien rejects party merger rumours, calls reports 'fake news'Trinamool Congress leader Derek O'Brien has called reports of a party merger fake news. This comes amid speculation following recent meetin...
Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata ConsumerIndian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus...
Power finance cos turn to global markets for cheaper fundsIndian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made f...
President approves merger of REC with Power Finance CorporationThe President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in...
FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
RBI may need to absorb at least half of hedging cost to spur ECBs by PSUsThe Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...
Mega merger incoming: Should you buy PFC, REC shares ahead of merger? Here's what analysts sayPFC and REC shares are under scrutiny as a mega merger progresses. Analysts advise a staggered approach to buying, highlighting that the tr...
PFC, REC shares in focus as mega merger process advances. What's next?Power Finance Corporation's board has taken a significant step towards merging with Rural Electrification Corporation. The board has approv...