Exclusive

Publication

Byline

Dollar deluge prompts RBI to shut special FCNR scheme early; $52 bn raised so far

Mumbai, Aug. 14 -- The Reserve Bank of India (RBI) will close its special foreign currency non-resident bank or FCNR(B) deposit facility a month earlier than planned after the scheme attracted $52.3 b... Read More


President targets 30 GW of solar power in 2026

Jakarta, Aug. 14 -- President Prabowo Subianto said the government would build solar power plants (PLTS) with a capacity of 30 gigawatts (GW) and phase out diesel power plants (PLTD) with a capacity o... Read More


Prabowo plans air ambulances to improve healthcare in remote areas

Jakarta, Aug. 14 -- President Prabowo Subianto announced Friday that Indonesia will deploy a fleet of specialized helicopters and small aircraft to serve as air ambulances, transporting critically ill... Read More


AI stocks seen leading US earnings growth with 48% annualised growth through 2027: Jefferies

New Delhi, Aug. 14 -- AI-related companies are expected to lead US corporate earnings growth through 2027, with earnings of the S&P 500's AI basket projected to grow at an annualised 48 per cent durin... Read More


Nifty ends week in red as Iran tensions, crude keep bulls at bay

New Delhi, Aug. 14 -- Markets closed the week on a cautious note Friday, with the Nifty 50 falling for the fourth consecutive session as elevated crude oil prices and escalating geopolitical tensions ... Read More


MCX stock has doubled in less than a year. Where will it be in the next three?

New Delhi, Aug. 14 -- The stock of Multi Commodity Exchange of India Limited (MCX) has doubled in less than a year, after hitting a 52-week low of Rs.1,461 on 29 August 2025. When a stock runs up qui... Read More


China's capital flight is fueling global AI. Beijing cracks down.

New Delhi, Aug. 14 -- Do you ever wonder what happens to the trillions of dollars China earns on foreign trade? President Xi Jinping does. As the No. 2 economy's current account bulges, opportunities... Read More


Pulse of the Street: Tata jitters, metal rout weigh on Indian equities

New Delhi, Aug. 14 -- Indian stocks lost ground this week as uncertainty over the Tata Group's leadership transition added to pressure on domestic benchmarks, even as an artificial intelligence (AI)-f... Read More


House Speaker urges fair taxes, prudent debt in 2027 budget

Jakarta, Aug. 14 -- House of Representatives Speaker Puan Maharani urged the government Friday to ensure the 2027 state budget prioritizes fair tax collection, prudent debt management, fiscal sustaina... Read More


Two-wheeler ride-hailing drivers suspend protest, but fare dispute remains unresolved

Kathmandu, Aug. 14 -- Drivers affiliated with ride-hailing platform inDrive staged a sit-in outside the company's office in Kupondole, Lalitpur, on August 5, demanding a minimum base fare for ride-sha... Read More