In order to attract more capital inflows, the RBI has decided to increase the interest rate ceilings on FCNR(B) deposits…
Japanese firms keen to set up semiconductor units in India: Deloitte
Japanese firms are keen to set up semiconductor units in India and they have all the expertise and specialisation to..
Hospitals garner 50% share in healthcare FDI
NEW DELHI: Deal-making in India’s healthcare sector has surged in recent years, with hospitals now commanding the largest share of..
Adani Group CFO says individuals accused in bribery case will clarify matters in 10 days: Report
The Ministry of External Affairs (MEA) said that the Indian government was not informed in advance by US prosecutors while..
Adani Group is on better financial footing now than during Hindenburg attack, says US research firm Bernstein
Ports-to-energy Adani group is better off financially now than at the time when it was under attack from short-seller Hindenburg,..
Home price index rises by 4.3% amid high interest rates, inflation: RBI
Home prices are on the rise in India despite high interest rates in the banking system and inflation. The All-India..
Indian firms use currency swaps to lower borrowing costs as Fed rate cuts kickoff
Indian firms are opting for cross-currency swaps to convert part of their rupee debt into dollars in an attempt to..
Windfall tax on oil scrapped
Windfall tax was implemented post the outbreak of conflict between Russia and Ukraine when oil prices spiked and remained above..
India has contributed $2 billion to BRICS Bank: Finance Ministry
India has contributed nearly $2 billion to the BRICS New Development Bank (NDB), and 20 externally aided projects, with loans..