RBI’s Forex Swap Bet Hits $20.72 Billion, Still Trailing Its $70 Billion Goal
FCNR(B) deposits carry 84% of RBI’s swap haul while corporate borrowers barely register, leaving banks’ bet on a September rush unresolved.
FCNR(B) deposits carry 84% of RBI’s swap haul while corporate borrowers barely register, leaving banks’ bet on a September rush unresolved.
Shelter Scotland says Andy Burnham’s day one pledge on rough sleeping cannot work in Scotland without Westminster changes to welfare, asylum and housing investment policy.
A dormant Yes Scotland account joked about £1.5 million in ‘missing’ referendum funds, reviving old questions about EuroMillions donors and who controls it.
India’s Q1 FY27 earnings split banking stocks in two: HDFC Bank and Axis Bank fell on weak margins while PNB and Reliance rallied on record results.
Sensex and Nifty rallied this week, but a five-month Iran-US war, near-record oil prices and a wobbling rupee pose the bigger risk into next week.
Saudi Arabia’s Hormuz bypass pipeline is running near its real wartime capacity, and Houthi threats to Bab el-Mandeb risk closing Gulf oil’s last route out.
Fraudsters hijacked a Mumbai CEO’s WhatsApp to steal Rs 10.4 crore in 63 transfers, then laundered nearly half of it into gold to dodge investigators.
Oracle’s credit default swaps hit an all-time high in July as bondholders and banks absorb the first shock from OpenAI’s trillion-dollar bet.
HDFC Bank, Kotak and Axis Bank underperformed global lenders since 2019 because of pricey entry multiples, not weak earnings, new data show.
Apple’s $4.88 trillion market cap passes Nvidia’s, but the rally leans on Google’s AI models, not an in house one, weeks before Tim Cook’s exit.