How US Federal Reserve’s decision to raise rates may impact India
NEW DELHI: The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, but indicated it was on the verge of pausing further increases in borrowing costs amid recent turm ...
Adani Airports to bid for more airports in India: CEO Arun Bansal
NEW DELHI: India's Adani Airports, part of billionaire Gautam Adani's conglomerate, will bid for more airports in the country in its ambition to become the leading airport operator there, chief execut ...
Sensex closes 446 points up as financials rally on easing banking crisis fears
BENGALURU: Indian shares closed higher on Tuesday, as financials stocks rallied following a raft of measures to stabilise the global banking sector provided temporary relief.The Nifty 50 index closed ...
India plans to extend fuel export curbs beyond March
NEW DELHI: India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year ends this month to ensure the availability of refined fuels for the domestic market, tw ...
First Citizens in talks to acquire Silicon Valley Bank
First Citizens BancShares Inc is evaluating an offer for Silicon Valley Bank , Bloomberg News reported on Saturday, citing people familiar with the matter.At least one other suitor is making a serious ...
SVB’s lesson is on prudence, but Indian banks stable: RBI governor
MUMBAI: RBI governor Shaktikanta Das has said that events around the Silicon Valley Bank (SVB) failure in the US highlight the need for banks to be prudent in their asset-liability management and grow ...