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Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
Kiwi targets Rs 5,000 crore premium book with AI-led insurance modelA new general insurance company, Kiwi General Insurance, is set to launch in India. Backed by WestBridge Capital and Neelesh Garg, it plans...
India eyes major bond index entry as tax exemptions sweeten appealIndia is set to reapply for inclusion in major global bond indices. This follows significant tax exemptions for foreign investors on capita...
Trump dismisses idea that Iran betrays his 'no new wars' campaign messagePresident Trump defended his stance on "no new wars," stating he never guaranteed it and that the conflict with Iran is not an "endless war...
Iran says frozen funds key to progress in US talksFrozen Iranian funds are a central point in talks between Tehran and Washington to end their conflict. Iran demands the release of its asse...
FPIs get tax relief on gilts, ease of InvestmentIn a strategic step to lure foreign investment, India has eliminated taxes on capital gains and interest for overseas investors in its gove...
Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's tradesWestern Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking s...
Facebook privacy settlement checks coming from June 9 - here’s who qualifies, how much you’ll get and everything you need to knowFacebook user privacy settlement: Facebook users who previously cashed their initial privacy settlement payment are now eligible for a seco...
Nashik Kumbh Mela 2027: Maharashtra government approves Rs 2,267 crore to acquire 191.21 acres of landThe Maharashtra government has allocated Rs 2,267 crore toward acquiring land for the Sadhu Gram initiative. This area will be used for hos...
Rs 84.77 crore divorce settlement: How Indian-origin woman Varsha Gohil won the case after 23-year battleA 23-year divorce battle has concluded with Varsha Gohil securing a 6.6 million pounds settlement. The High Court ruled in her favor after ...
Trump lawyers deny BBC access to financial details in $10-billion lawsuit, report saysDonald Trump's legal team has refused to share financial details with the BBC. This comes amid Trump's $10 billion defamation case against ...
Senate rejects first effort to bar Trump from creating $1.8 billion settlement fundSenate Republicans are facing challenges in passing funding for President Donald Trump's immigration agencies. Democrats are pushing for vo...
ET Alpha Wealth Summit: Nilesh Shah recommends 4 investment bets that should be part of your portfolioKotak Mahindra AMC MD Nilesh Shah has identified four investment avenues for volatile markets: Special Investment Funds, performing credit ...
Tokenisation could be the next big upgrade to India's market plumbingTokenisation represents financial assets as digital tokens on programmable blockchains, simplifying ownership and settlement. India's finan...
AI music startup Suno raises funding at $5.4 billion valuationAI music startup Suno has secured over 400 million dollars in funding, valuing the company at 5.4 billion dollars. This investment will hel...
Sebi panel weighs cap on clearing house dividendsRegulators are considering new rules for stock exchanges. A plan to limit dividends from clearing houses is gaining traction. Other proposa...
Trump administration drops $1.8 billion 'weaponization' fund after Republican backlashThe Trump administration has dropped its $1.8 billion fund meant to compensate victims of government abuse. This decision followed strong o...
Trump reconsidering $1.8 billion fund, AP source says, as Justice Department temporarily pauses itPresident Donald Trump is rethinking a massive fund for his allies. The Justice Department has paused its implementation following a court ...
Trump's $1.8 billion 'weaponization' fund put on hold after fierce opposition from CongressPresident Trump's proposed $1.8 billion fund for alleged government "weaponization" victims has been halted. Republican lawmakers in Congre...
Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records showMeta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier set...