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MUMBAI (Reuters) -The Indian rupee, under persistent pressure in recent sessions, is expected to find relief at Monday's open, lifted by a broad rally in Asian peers. The 1-month non-deliverable forward indicated the rupee will open in the 88.62-88.64 range versus the U.S. dollar, compared with 88.7175 in the previous session. The Indian currency shed 0.7% last week, sinking to an all-time low of 88.7975, with the U.S. H1-B visa fee increase adding to bearishness. Without the Reserve Bank of I ...Read More >
Mumbai: India's top gold jewellery and bullion trading lobby has demanded regulatory intervention to make the country's largest commodity exchange and mutual funds accept Indian-refined gold and silver bars. Making Indian-refined bullion bars (India Good Delivery) acceptable by Multi-Commodity Exchange of India (MCX) and exchange-traded funds would be in line with Prime Minister Narendra Modi's "vocal for local" exhortation and would save precious foreign exchange, the India Bullion & Jewellers ...Read More >
Hyderabad: Building on the success of the inaugural chapters in Bangalore and Pune, ASUS, the Taiwanese tech giant, hosted the third edition of its flagship community initiative, 'Beyond Incredible with ASUS', in Hyderabad. The engaging event brought together over 35 attendees, including regional media, creators, and community members, for an exciting hands-on experiences, and immersive activities. Celebrating the spirit of the initiative, the Hyderabad event actively engaged the community with ...Read More >
MUMBAI (Reuters) -The Indian rupee is likely to stay under pressure on Friday and could slip to an all-time low after U.S. President Donald Trump unveiled a new round of tariffs, including a 100% duty on any branded or patented pharmaceutical products. The 1-month non-deliverable forward indicated the rupee will open around the all-time low of 88.7975 hit earlier this week, compared with Thursday's close of 88.6650. Meanwhile, on Thursday, Trump said duties on branded drugs, heavy-duty trucks ...Read More >
New Delhi, Sep 13 (PTI) Asserting that manuscripts are "a guiding light for the future", a major conference of scholars, researchers and other experts on Saturday adopted the New Delhi Declaration to bolster efforts to preserve, digitise and disseminate their knowledge as well as to bring back the original works. The declaration, adopted at the closing of the three-day 'Gyan Bharatam' global conference hosted at the Vigyan Bhawan here, resolved to "acquire and repatriate original manuscripts or ...Read More >
Jagdeep S Chhokar, co-founder of the Association for Democratic Reforms (ADR) and a prominent advocate for clean elections, passed away in Delhi at the age of 80. He spearheaded landmark judicial interventions, enhancing transparency and accountability in Indian politics, including mandatory disclosure of candidate information and the striking down of the Electoral Bonds scheme. Jagdeep S Chhokar, co-founder of poll rights body Association for Democratic Reforms and a long-standing advocate for ...Read More >
European government bond yields remained steady this week, diverging from U.S. Treasuries due to differing central bank outlooks. The ECB held rates steady, leading to expectations of a December rate cut. Market focus shifts to Fitch's review of France's sovereign debt rating, potentially impacting the spread between French and German bond yields. European government bond yields were on course to end the week steady, diverging from their U.S. counterparts on differing outlooks for their respect ...Read More >
New Delhi: In a bid to boost climate finance, the Union ministry of new and renewable energy (MNRE) plans to urge the finance ministry to offer tax incentives to green bond buyers, according to two people familiar with the matter. The consideration aims to boost investor interest in green bonds, which is necessary to meet the financing requirements for the clean energy targets. "Though sovereign green bonds were launched a few years back, they are yet to pick up. Now the interest rate of green ...Read More >
New Delhi [India], September 2: In the ever-evolving world of investing, Indian investors are constantly seeking options that provide a fine balance between risk and returns. This is where hybrid mutual funds have carved a niche for themselves in the Indian financial market. With increasing awareness about investment diversification, hybrid mutual funds are gaining traction among investors of all kinds--from beginners to seasoned professionals. This article delves deeply into what hybrid mutual ...Read More >
Investing.com -- Morgan Stanley said investors may be underestimating the strength of India's growth cycle, saying that the country's earnings and equity market peak lie ahead and that structural shifts will support higher valuations. Population growth, policy-driven macro stability, better infrastructure, a rising entrepreneurial class and improving social outcomes are long-term drivers that could help India increase its share of global output in the coming decades. That trajectory implies In ...Read More >
New Delhi (ABC Live): The SCO Summit 2025 Outcome in Tianjin was defined by the optics of Modi-Putin-Xi Togetherness -- a symbol of Global South solidarity. Yet behind the unity on stage, China, Russia, and India pursued distinct strategies. The summit not only showcased institutional growth for the SCO but also exposed divergent ambitions among its biggest members. Data Recap: Analysis: China used the SCO Summit 2025 to reinforce its role as the financial and technological anchor of the Glob ...Read More >
MUMBAI (Reuters) -India's Vodafone Idea Telecom Infrastructure, a wholly owned subsidiary of telecom operator Vodafone Idea, is in talks to raise up to 50 billion rupees ($569.5 million) through a debt sale in September, three sources familiar with the matter said on Tuesday. The unit of India's third-largest wireless carrier plans to issue bonds with tenors of two and three years, raising 30 billion rupees and 20 billion rupees, respectively, the sources said. The company is expected to tap p ...Read More >
New Delhi, Aug 25 (SocialNews.XYZ) State Bank of India (SBI), the country's largest lender, has requested the Reserve Bank of India (RBI) to allow banks to fund acquisitions, its Chairperson Challa Sreenivasulu Setty said on Monday. At present, Indian banks are not allowed to lend money for mergers and acquisitions. Because of this rule, companies usually turn to non-banking financial institutions or raise funds through bonds when they plan to buy other businesses. Speaking at an industry eve ...Read More >
The government has garnered Rs 1,42,758 crore through asset monetisation up to FY25, with a projected Rs 30,000 crore for the current fiscal year, utilising methods like ToT, InvIT, and securitization. Additionally, the Cashless Treatment of Road Accident Victims Scheme, initiated in March 2024, has treated 4,971 victims and is now implemented nationwide, offering coverage up to Rs 1.5 lakh. The government has raised Rs 1,42,758 crore through different modes of asset monetisation up to FY25, Pa ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
Mumbai: A majority of economists say that growth, rather than inflation, will be the primary driver of monetary policy decisions while adding that the Reserve Bank of India is unlikely to cut the policy repo rate further from 5.5% now. "We believe that growth would guide the RBI's thought process as inflation remains benign. We do not see any further cuts in our base case," Rahul Bajoria and Smriti Mehra, economists at BofA Securities India, wrote in a report. Inflation as measured by consumer ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) The Reserve Bank of India's Monetary Policy Committee (MPC) could consider further policy rate cuts if upcoming GDP data falls short of expectations and the US Federal Reserve begins aggressive easing in response to a weaker labour market, a report said on Thursday. Any additional room for easing could open up if growth underperforms and the US Fed cuts rates to counter labour market weakness, HSBC Mutual Fund said in its report. In its latest policy meeting, ...Read More >
New Delhi [India], August 14 (ANI): The credit-to-deposit ratio in Indian banks has stayed below 80 per cent as credit offtake in the country continues to lag, according to a report by CareEdge Ratings. The report highlighted that while both credit offtake and deposit growth have increased sequentially, they remain significantly lower than the levels seen last year. Deposits continued to outpace credit offtake in the current fortnight, leading to a narrowing of the credit-deposit gap. It state ...Read More >
Shimla, Aug 14 (SocialNews.XYZ) Braving darkness, fast currents and unstable terrain, the Indian Army on Thursday said its swift response averted a potential tragedy when a sudden flash flood struck Hojis Lungpa Nala in Himachal Pradesh's mountainous Kinnaur district. The incident happened at around 7 p.m. on Wednesday. Triggered by a cloudburst in the higher reaches of the Rishi Dogri Valley, the deluge engulfed the bridge across the Sutlej River and injured one individual. The site was an ac ...Read More >
MUMBAI (Reuters) -The Indian rupee is expected to open largely unchanged on Thursday, holding on to the last session's unexpected recovery, with traders awaiting the outcome of a key meeting between U.S. President Donald Trump and Russian President Vladimir Putin. The 1-month non-deliverable forward indicated the rupee will open in the 87.44-87.46 range versus the U.S. dollar, flat from Wednesday's level of 87.44. The local currency had its best day in more than a month on Wednesday, thanks to ...Read More >
NEW DELHI: Amid worsening weather conditions and continuous rainfall in parts of Uttar Pradesh, all government and private schools from Classes 1 to 12 in Lucknow will remain closed on Monday, according to district magistrate Visakh G Iyer.Several parts of Varanasi were inundated on Monday following relentless downpours and a steady rise in the water level of the River Ganga. The river has been rising continuously since Saturday, triggering concerns of urban flooding.In response, authorities hav ...Read More >
MUMBAI, Aug 4 (Reuters) - India's central bank is expected to hold rates steady on Wednesday, but the odds of another cut have risen after the United States slapped steep tariffs on Indian exports last week, adding to pressure on growth even as inflation stays subdued. A large majority of economists, or 44 of 57, in a July 18-24 Reuters poll expect the Reserve Bank of India's monetary policy committee (MPC) to hold the repo rate at 5.50% on August 6. However, sentiment has shifted following th ...Read More >
MUMBAI (Reuters) -India's central bank is expected to hold rates steady on Wednesday, but the odds of another cut have risen after the United States slapped steep tariffs on Indian exports last week, adding to pressure on growth even as inflation stays subdued. A large majority of economists, or 44 of 57, in a July 18-24 Reuters poll expect the Reserve Bank of India's monetary policy committee (MPC) to hold the repo rate at 5.50% on August 6. However, sentiment has shifted following the tariff ...Read More >
JAMMU: Friendship Day serves as a beautiful reminder that strong bonds of friendship are essential in shaping not only the school experience but also the lives of young learners as they grow and evolve into responsible, compassionate, and successful individuals. JK Public School (JKPS) Panjtirthi celebrated Friendship Day with much enthusiasm. Jakiians shared various funny, interesting and emotional incidents about their friends with the Audience, creating a cherished atmosphere. Jakiians rais ...Read More >
The regulator's latest proposal seeks public comments on a revised framework that would bring parity by incorporating comprehensive criteria for third-party certifiers of green bonds on non-convertible securities. Sebi on Friday said it has proposed to tighten the norms to appoint independent third-party reviewers or certifiers for green debt securities to align them with requirements for other ESG-linked bonds. In a draft circular, Sebi said that the current norms for green bonds, introduced ...Read More >
HighLevel Brings More than 1000 Global Team Members Together for Landmark Retreat in the Maldives HighLevel team at the retreat 3 min read Last Updated : Jul 18 2025 | 8:05 PM IST NewsVoir New Delhi [India], July 18: HighLevel, the AI-powered all-in-one platform built for agencies, marketers, and entrepreneurs, is bringing more than 1000 team members together for a global company retreat in the Maldives from July 12-20. One of the largest gatherings ever hosted by a fully remote company, the ...Read More >
New Delhi, Jul 18 (PTI) The Supreme Court has said money cannot be recovered by filing an FIR and seeking help of police as it quashed a cheating case against the producer of Bollywood movie "Tanu Weds Manu". A bench of Justices J B Pardiwala and R Mahadevan expressed displeasure over the approach of the Allahabad High Court in dealing with the petition of producer Shailesh R Singh for quashing of the FIR against him by complainant Kunal Jain. "Money cannot be recovered, more particularly, in ...Read More >
CHENNAI: Public sector Indian Overseas Bank (IOB) on Friday reported a 75.6% rise in net profit in the quarter ended June 30, 2025 at Rs 1,111 crore against Rs 633 crore during the corresponding quarter last year. It was on the back of growth in interest income YoY by 13% at Rs 7,386 crore in Q1 FY26 and other income. The Chennai-headquartered bank will raise Rs 4,000 crore likely by Q3 of the current fiscal. It has also received approval from its board for raising Rs 10,000 crore through infras ...Read More >
New Delhi, July 18 (SocialNews.XYZ) Qualified institutional placements (QIPs) witnessed a resilient growth in July so far, led by State Bank of India's (SBI) recent fundraise, taking the total QIP fundraising to a five-year high of over Rs 30,000 crore. QIPs are a way for listed companies to raise capital without having to submit legal paperwork to market regulators. Ten issuances have offered over Rs 30,470 crore so far this month. It is the biggest monthly performance of QIPs since September ...Read More >
MUMBAI: India's Embassy Office Parks REIT is in talks with bankers to raise Rs 2,000 crore ($232.79 million) via the issuance of five-year corporate bonds, three sources aware of the matter said on Wednesday. The real estate investment trust will look to close the funding round before the end of this month, the sources said requesting anonymity as the talks are private. The debt sale could attract strong demand from mutual funds as well as some insurance companies, as the notes are rated 'AAA' ...Read More >
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