Month: June 2026

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Posted in Economy

Banks can offer loans for FCNR (B), rebook deposits, RBI clarifies

Mumbai: Indian banks and their overseas branches can extend loans to customers against FCNR(B) deposits raised through the RBI swap facility, the central bank clarified….

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More U.S. CEOs last year crossed the once-rare pay threshold than in any year since 2021—and nearly a dozen topped $200 million. (Unsplash)
Posted in Business

Top-Paid CEOs Smash the $200-Million Payday

The $100-million-plus CEO is back with a bang, just a year after nine-figure pay packages seemed to be fading. More U.S. CEOs last year crossed…

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Cred founder Kunal Shah’s appointment as WhatsApp CEO sparks discussion on social media
Posted in Startups

Cred founder Kunal Shah’s appointment as WhatsApp CEO sparks discussion on social media

The appointment of Cred founder Kunal Shah as WhatsApp‘s new CEO has sparked a wave of reactions across social media, with industry leaders welcoming the…

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Posted in Economy

RBI clears loans, SBLCs against FCNR(B) deposits under swap scheme

The Reserve Bank of India (RBI) on Tuesday clarified that banks can extend loans to non-residents and issue standby letters of credit (SBLCs) against FCNR(B)…

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Posted in Economy

India’s services exports narrow gap with goods trade as overall trade grows 5.4% in Q4FY26: NITI Aayog

New Delhi: India’s trade grew at a healthy 5.4 per cent in Q4FY26 despite a slowdown in merchandise exports on strong growth in services exports…

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Meta's Cred deal showcases new playbook: take stake, hire the founder
Posted in Startups

Meta’s Cred deal showcases new playbook: take stake, hire the founder

Meta‘s $900 million investment in Cred and the appointment of the fintech’s founder Kunal Shah as WhatsApp‘s new global head are the latest in a…

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Intel expands its AI and data centre portfolio with new chips and networking solutions. (Intel)
Posted in Business

Intel’s Stock Has Soared, but It Needs an Engineering Comeback

New chip-supply deals and cheerleading from President Trump are giving Intel momentum it hasn’t had in years. But the recent jump in the company’s stock…

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Posted in Economy

Delayed rains likely to hit sowing of kharif crops, advance preparations underway: Chouhan

New Delhi: Union Agriculture Minister Shivraj Singh Chouhan on Tuesday said there could be an adverse impact on sowing of kharif crops because of delayed…

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Adani signals ₹1-Lakh crore aviation investment plan as Mundra Airport commercial operations begin - The Economic Times Video
Posted in Economy

Adani signals ₹1-Lakh crore aviation investment plan as Mundra Airport commercial operations begin – The Economic Times Video

Star Air has launched scheduled commercial flight services to Mundra, making it the airline’s 32nd destination, as the newly developed Mundra Airport officially began flight…

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Posted in Economy

“Got to build on that and not go backwards”: British MP Bob Blackman on India-UK FTA

London: British Conservative MP Bob Blackman welcomed the India-UK Comprehensive Economic and Trade Agreement (CETA), set to come into force on July 15, calling it…

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