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RBI likely selling dollars, conducting FX swaps via state banks, traders sayIndia's central bank likely sold dollars and ran buy-sell swaps on Wednesday, three traders said, aiding the rupee's recovery from the s...
8 convicted in Texas immigration center shooting and protest are sentenced to decades in prisonA former Marine reservist and seven others received lengthy prison sentences, some up to 100 years, for a shooting that injured a police of...
Axis Bank raises $800 million through dual bond saleAxis Bank successfully raised $800 million through a dual tranche dollar bond, tapping into the Reserve Bank of India's concessional swap f...
Banks can offer loans for FCNR (B), rebook deposits, RBI clarifiesIndian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...
RBI clarifies FCNR(B) loan, SBLC eligibility under swap schemeIndian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...
PFC raises $300 million through five year dollar bondPower Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special sw...
India bonds steady as dicey Iran truce, liquidity crunch curb appetiteIndian government bonds remained steady as traders adopted a cautious stance due to lingering U.S.-Iran tensions and tight banking liquidit...
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 ...
India bonds walk tightrope on steady oil, shaky US-Iran truceIndian government bonds traded cautiously early Monday, as concerns over U.S.-Iran tensions tempered relief from falling oil prices. While ...
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...
Largest POW grave site: In 1944, the Japanese hellship Hōfuku Maru sank with over 1,000 Allied POWs aboard; in 2026, forgotten military documents led to a discovery no one expected 80 years laterA Japanese prison transport ship, the Hōfuku Maru, sunk in 1944, has been found off the Philippines coast. This discovery brings to light t...
South Indian Bank raises FCNR deposit rate to 6.5 pc after RBI swap windowSouth 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...
India 10-year yield snaps 6-day falling streak as US-Iran talks stallIndia's benchmark 10-year bond yield saw a pause in its recent drop on Friday. This change was fueled by stalled talks between the U.S. and...
Life lesson of the day by Lao Tzu: “Care about what other people think and you will… — Inspiring lessons on confidence, personal growth, social expectations, authenticity and why true happiness comes from trusting yourself rather than seeking constant approval from others by the legendary Chinese philosopher known for the deep insights on human nature and inner peaceLife Lesson of the Day by Lao Tzu: Lao Tzu’s quote, “Care about what other people think and you will always be their prisoner,” explores th...
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...
India bonds pause oil-led rally ahead of Fed verdictIndian government bonds saw their rally pause on Wednesday. Oil prices stabilized, and the US Federal Reserve's upcoming policy decision ke...
A mother wanted to keep her six children connected forever. The unique names she gave them became a symbol of their successA Virginia mother gave her six children unique names inspired by US states. Nevada, Montana, Indiana, Arizona, Missouri, and Dakota were ch...