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2 mins read

Mukesh Ambani and Gautam Adani account for $1 out of every $5 of foreign loans

While India Inc. borrowed $38 billion from foreign lenders, India’s richest men, Ambani and Adani a…

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9 mins read

How private lenders have left millions of college students with no hope for the future

How the booming market for private loans saddled millions of students with $136 billion in debt tha…

Ayelet Sheffey   


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1 min read

India's central bank urges lenders to de-dollarize trade with the UAE using local currencies

The Reserve Bank of India is pushing for non-dollar trade with the United Arab Emirates, sources to…

Filip De Mott   


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2 mins read

The India attraction continues as foreign investors remain net buyers for fifth straight month

The India bull market run is all lights go with the Nifty and Sensex scaling new peaks daily. A key…

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2 mins read

Foreign investors remain net buyers in Indian stocks sixth straight month

The latest fund inflows started after the recent banking crisis in the US, leading to the Silicon V…

ANI   


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3 mins read

FPI flows into Indian equities hit a 5-month high in May, outlook ‘improved significantly’ say analysts

Foreign portfolio investors (FPI) have stepped up their investments in Indian equities. FPIs pumped…

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6 mins read

ICICI Bank vs HDFC Bank: How India’s top two private lenders have performed in Q4

India’s largest private lenders ICICI Bank and HDFC Bank have both declared their March quarter and…

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3 mins read

HDFC-HDFC Bank merger to bring foreign inflows of up to $3 billion

India’s largest private-sector lender HDFC Bank and largest housing finance company HDFC are all se…

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1 min read

Rupee reverses 4-day losing streak, rises 18 paise to 82.58/USD

The rupee reversed its four-day losing streak and rose 18 paise to 82.58 (provisional) against the …

PTI   


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2 mins read

Filip De Mott   


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1 min read

Binance's US unit gets court approval to move forward with $1 billion bid for bankrupt crypto lender Voyager's assets

The court approval moves Voyager Digital customers closer to being able to make withdrawals for the…

Carla Mozée   


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1 min read

India Inc's foreign commercial borrowings rise by 4.6% in August

Of the total borrowings in August this year, over USD 2.47 billion was through the automatic r…

PTI   


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9 mins read

Rep. Cory Mills founded a company that sells arms to foreign governments. He won't say which ones.

Despite aligning himself with Ukraine-skeptical Republicans, Mills' company has sold weapons to Ukr…

Jack Newsham,Katherine Long,Bryan Metzger,Azmi Haroun   


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3 mins read

Simply Put: Why are foreign banks quitting India?

Meanwhile, companies left behind are trying to put on a brave face by pulling out of retail bu…

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1 min read

Russia may be cut off from the world's lender of last resort as bonds head toward default

G7 nations want to cut off Russia's access to emergency funding from organizations like the Interna…

Phil Rosen   


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1 min read

A top Russian lender canceled nearly $6 billion in accrued interest on a perpetual bond as companies struggle to meet debt obligations

Russian lender Sovcombank PJSC canceled $5.81 million of interest accrued on one of its perpetual b…

Phil Rosen   


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2 mins read

Lenders to Reliance Naval seek EoIs for sale

Despite having the state-of-the art facility at Pipavav in Gujarat, RNEL shipyard has been facing …

PTI   


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2 mins read

Russia offers rubles to holders of $2 billion dollar bond as it tries to limit the outflow of foreign currency

Buying back dollar-denominated bonds in rubles would also ensure that local investors are paid in f…

Harry Robertson   


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1 min read

Sri Lanka says it will default on its foreign debt as the cost of food and food imports spirals, report says

Sri Lanka appointed a new central bank governor last week who on Tuesday said the country had suspe…

Adam Morgan McCarthy   


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3 mins read

Estonian cards in Turkey, Italian cards in Singapore: ordinary Russians abroad are using foreign bank accounts after sanctions

Ordinary Russians living abroad have had their Russian bank cards blocked due to sanctions and have…

Urooba Jamal