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Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflowsIn an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...- RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...
- 'Not a real job': Rs 15 LPA salary of IIM graduate's relative fails to impress father. Forces him to prepare for government careerA post by IIM graduate and investor Ankit Kedia has sparked a debate online after he shared how a relative was unhappy despite his son secu...
- Syndicate Finance bridges the execution gap for India's export-ready textile manufacturersAs India cements its position in global apparel supply chains, structured lending is emerging as the critical enabler and Syndicate Finance...
- PSBs may lose the edge over private peers as tightening liquidity, rising credit costs may impact growthPublic sector banks' advantage over private lenders is fading. Excess liquidity and low credit costs are diminishing. Liquidity coverage ra...
- Noida airport to rely on cabs as flights begin on June 15Noida International Airport opens on June 15. Passengers will primarily use cabs and private vehicles. App-based taxis like Uber and Ola wi...
- Tata, Airbus conduct first test flight of maiden 'Made in India' C295 military transport aircraftIndia's first Airbus C295 military transport aircraft, manufactured in Vadodara, has successfully completed its initial test flight. This m...
- South Asia can generate millions of jobs through agriculture sector: World Bank GroupWith agriculture sector employing around 43 per cent of the South Asian workforce, the region has strong potential to emerge as a global le...
- 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...
- Delhi data centre fire sees Google Cloud reroute traffic network capacityA fire at a third-party data center in Delhi caused network disruptions for Google Cloud customers in multiple Indian cities. The incident ...
- 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...
- 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%...
- Despite geopolitical crisis, India's economic fundamentals and strategic partnerships will sustain growth: World BankIndia's economy shows strong growth potential. The World Bank believes this momentum will continue. Investments in people and businesses ar...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 26%Just look at developments in the past 48 hours. The war between Iran and Israel resumed, but within hours Tehran said it had halted all off...
- Private sector banks are the best contrarian bet for the next 3 years, says S NarenICICI Prudential AMC CIO S Naren warned that rising leverage through derivatives and margin trading poses a bigger risk than any slowdown i...
- Bengal govt orders statewide survey of madrasas, seeks district-wise reports by July 5West Bengal has launched a statewide survey of madrasas to gather comprehensive data on their operations, infrastructure, and legal standin...
- IFC commits USD 50 million to Hygenco to promote green hydrogen in IndiaInternational Finance Corporation is investing USD 50 million in Hygenco Green Energies. This funding supports green hydrogen projects acro...
- US private sector hiring beats expectations in May: ADPEmployment in the US private sector grew more than expected in May, payroll firm ADP said Wednesday, with hiring seen across a range of ind...
- Tata chairman reviews defence manufacturing push at Bengaluru facilitiesTata Sons Chairman N Chandrasekaran reviewed drone, loitering munitions, and aerospace manufacturing programs at Tata Advanced Systems (TAS...
- Bharat Forge signs MoU with Andhra Pradesh govtBharat Forge will establish India's first private sector Marine Gas Turbine repair and overhaul facility in Visakhapatnam. This significant...
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