Why Are Banks Increasing FCNR Deposit Rates? Indian banks have started raising interest rates on Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits after the Reserve Bank of India (RBI) introduced a …
Why Does Goldman Sachs Believe The Rupee’s Fall May Be Nearing A Bottom? Global investment bank Goldman Sachs believes the Indian rupee’s recent depreciation may be approaching a floor following …
Strong Foreign Investment Momentum Could Push FDI To Record Levels India could witness gross foreign direct investment (FDI) inflows exceeding $100 billion in the ongoing financial year 2026-27 (FY27), according …
Tax Relief And RBI Measures Aim To Strengthen India’s External Position The Reserve Bank of India (RBI) and the central government have unveiled a coordinated package of measures aimed at …
Why Has Neelkanth Mishra Been Appointed To The World Bank? India has appointed economist Neelkanth Mishra as Executive Director at the World Bank headquarters in Washington, DC, for a three-year …
Why Is Govt Planning The Sale? The Indian government is considering selling up to a 2 per cent stake in Hindustan Zinc Ltd. as part of its ongoing disinvestment programme. …
Why Has PixelSky Invested In GPS Renewables? Secondaries-focused investment firm PixelSky Capital has reportedly invested ₹40–45 crore in GPS Renewables, strengthening its presence in India’s rapidly expanding clean energy sector. …
Government Launches Fuel Price Protection Scheme For Airlines The Union Cabinet has approved a one-time Price Stabilisation Fund of up to ₹10,000 crore aimed at protecting Indian airlines from extreme …
Rapido Strengthens Position With Fresh Capital Injection Ride-hailing platform Rapido has further consolidated its investor base following a fresh $240 million funding round led by Prosus, with participation from existing …
India’s hospitality technology sector could soon witness one of its most closely watched public market debuts. PRISM, the parent company of hospitality giant OYO, has reportedly received approval from the …
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