Finance

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The rupee extended its losses and touched an all-time low of 77.42 against the US dollar in early trade on Monday. The Indian currency is weighed by the strength of the American currency in the overseas market and continued foreign fund outflows. Foreign institutional investors were net sellers in the capital market on Friday, as they offloaded shares worth Rs 5,517.08 crore, as per stock exchange data.

Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd, has announced a successful closure of...

Sunflower oil prices are going up due to supply disruption and its cheaper option palm oil is pricier too due to an export b...

Sanctions imposed on Russia over its invasion of Ukraine is forcing lenders and businesses to pull out of the country.

All new RBI auto-debit rules forced Apple to stop debit and credit card payments. The new auto-debit payment rule came back ...

Since debuting in 2018, ExodusPoint has struggled with middling returns. Yet it continues an inexorable rise, devouring investors' assets and attention.

Meet the private-equity giant's real estate stars investing in assets like Hollywood studios, apartments in Florida, and more.

The Reserve Bank on Wednesday announced a hike in cash reserve ratio (CRR) by 50 basis points to 4.5 per cent, effective May 21, which will take out Rs 87,000 crore liquidity from the system.

Besides being politically risky, changing ownership of Russian assets in order to sell them would trigger lengthy legal battles.

After dropping interest rates down to historic low levels during the Covid-19 pandemic, the Reserve Bank of Australia (RBA) has lifted interest rates by 0.25 to 0.35 per cent, the first rise since 2010, in an effort to calm growing inflation.

Credit Suisse securitized a portfolio of loans linked to its wealthiest customers' yachts and private jets.

An Indian-origin banker who was so consumed by the idea of making banking accessible for the unbanked, that he poured his entire life savings into a start-up that enables banks to set up branches in remote locations for just $150.

Capital gains are profits derived from selling an investment or financial asset. They're often taxed at lower rates than ordinary income.

White House officials are discussing the amount that will be cut from the student loan debt and weighing up the possibility of using income caps

Oleg Tinkov sold the 35% stake in Tinkoff Bank which is distancing itself from its founder after he criticized Russia's invasion of Ukraine.

In its directive to the Treasuries Director, the Department asked for the reduction of the ways and means limit from Rs 1 crore to Rs 25 lakhs with immediate effect. If there was a requirement for any payments to be made above Rs 25 lakhs, then special sanctions will have to come to effect.

We depend on banks for several reasons. Banks are in fact an integral part of our personal, social, and professional lives. Banks make it very convenient to handle finances, save and grow money, safe keeping, borrow loans, and do financial transactions with individuals, organisations and enterprises.

Russian industry minister, Denis Manturov, said that Renault would have the option to buy back its stake in five or six years.

The conflict is affecting grain exports, while higher fuel costs are spurring increases in the cost of fertilizer and crop production, the bank said.

Yes Bank filed an application before the National Company Law Tribunal to initiate a corporate insolvency resolution process...

Equity crowdfunding allows private companies to raise money by issuing securities to many investors (the crowd) in exchange for cash.