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Trump tells Putin in phone call that ending Ukraine conflict is vital and he can help, Kremlin adviser saysRussian President Vladimir Putin received a message from U.S. President Donald Trump. Trump conveyed that ending the conflict in Ukraine is...
Hudco mulls $1 billion foreign debt under RBI forex swap facilityHudco aims to secure one billion dollars in foreign debt. This will be achieved through the Reserve Bank of India's concessional forex swap...
Tata Trusts to hike philanthropic spending to Rs 2,000 cr this fiscal, CEO hits back at 'chaos' narrativeTata Trusts will boost its charitable spending to Rs 2,000 crore this fiscal year. CEO Siddharth Sharma highlighted the trusts' commitment ...
From TV to radio, Centre proposes common broadcasting regulationsNew draft rules propose a unified regulatory framework for television and radio broadcasting. Private radio stations will now be required t...
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...
CBI finds no evidence of corruption in case involving Nirav Modi; transferred to magistrateA special CBI court in Mumbai transferred a fraud case against Nirav Modi to a magistrate's court. The CBI stated that corruption charges a...
Eight public sector banks add 13,223 employees in FY26; SBI leads hiring spreeEight public sector banks, including SBI, collectively added 13,223 employees in FY26, boosting their total workforce to over 6.28 lakh. St...
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...
Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMinThe Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has seen over 1 lakh guarantees issued, totaling Rs 48,484 crore in just one month. ...
Gujarat to introduce ‘Ultra Mega’ category in new industrial policyGujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is...
To win the deep-tech race, India needs ‘General Innovation Rules’India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...
Cabinet clears Rs 2,534 crore office, housing projects in AmaravatiThe Union Cabinet has approved two major infrastructure projects in Amaravati. These include an office complex and a residential township f...
PM Modi to undertake visit to France, Slovakia; to attend G7 SummitPrime Minister Narendra Modi embarks on a week-long European tour starting June 13. He will visit France and Slovakia to strengthen bilater...
IRCTC cracks down on errant e-catering entitiesThe railway public sector undertaking listed 14 websites as non-compliant operators and said legal proceedings have been initiated. It also...
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...
RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
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...
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...
BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
PSUs to get concessional forex swaps to boost external borrowingsThe Reserve Bank of India will introduce a special foreign exchange swap facility for public sector undertakings. This initiative aims to e...