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Karur Vysya Bank hikes FCNR (B) US Dollar interest rate by 437 bps for maturities of 3-5 years

New Delhi, June 10 -- Karur Vysya Bank has increased its FCNR(B) US Dollar (USD) deposit rates for maturities of 3 years to 5 years to 7 per cent per annum from the earlier rate of 2.63% per annum wit... Read More


'$55-65 billion expected to flow into the country on RBI measures on FCNR (B) deposits, ECBs

New Delhi, June 9 -- The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai About $55-65 billion is expected to flow into the country due to the RBI move to bear the ful... Read More


Jet fuel prices hiked by 10 per cent

New Delhi, June 9 -- Mumbai: State oil marketing companies have revised aviation turbine fuel pricesforscheduled domestic operationsby 10 per centto around Rs.115perlitrein Delhi. The move signals li... Read More


BOI sets up specialised branch to strengthen partnership-led lending ecosystem

New Delhi, June 9 -- Bank of India (BOI) has inaugurated a dedicated Strategic Business Branch (SBB) to focus on digital and partnership-led financing business including Pool Buyout, Co-Lending, TReDS... Read More


Himadri Speciality shares gain 40% on strong financial performance

New Delhi, June 9 -- At a time when the markets are in turmoil given the West Asia war and global economic uncertainty, Himadri Speciality Chemicals has managed to deliver return on investment of 46 p... Read More


Mehli Mistry says he was unlawfully ousted from Tata Trusts

New Delhi, June 9 -- Former Tata Trusts trustee Mehli Mistry has filed objections before the Maharashtra Charity Commissioner challenging a change report filed by the Sir Ratan Tata Trust (SRTT), alle... Read More


Current Account turns into surplus in Q4FY26

New Delhi, June 8 -- India's current account unexpectedly turned into a surplus of 0.7 per cent of GDP in the fourth quarter (Q4FY26) against a deficit of 1.3 per cent in the preceding quarter (Q3FY26... Read More


TCS launches dedicated business to build AI-native global capability centres

New Delhi, June 8 -- Tata Consultancy Services (TCS) on Monday launched a Global Value & Innovation Centres (GVIC) Business Unit that will help enterprises establish AI-native GCCs while helping e... Read More


121 Finance disburses Rs.10 cr via GeM Sahay

New Delhi, June 8 -- 121 Finance, a leading NBFC-factor, has crossed Rs.10 crore in cumulative disbursements through GeM Sahay, the credit facility integrated with the Government e-Marketplace (GeM). ... Read More


Rupee records biggest single day fall in a month

New Delhi, June 8 -- The rupee on Monday almost ceded all the gains it made in the last trading session, recording its biggest single day fall in a month in the process. The Indian currency was weigh... Read More