FCNR flows to complicate liquidity management, lead RBI to deploy more tools: Economists
Mumbai: Higher-than-expected inflows through the FCNR(B) window will heighten liquidity issues and lead the Reserve Bank to deploy more tools to absorb the excess money,…
Canva’s 100 feature milestone stitches Docs and more deeper into the workplace
Workplace productivity platform Canva is marking a milestone with the addition of the 100th new feature to the Visual Suite since the turn of the…
RBI faces about $11 billion bill on foreign deposits plan
India tapped its vast diaspora for a record $127 billion through a special deposit program, a fundraising bonanza that economists say could come with a…
Why get an MBA when you can watch a sports documentary?
The world’s top business schools have long debased themselves by selling certificates to anyone with a computer and some spare cash. Punters can even pay…
India, Belgium agree to double trade; PM says nation’s growth inspires global confidence
New Delhi: India and Belgium on Thursday agreed to expand defence cooperation by signing a range of pacts, with Prime Minister Narendra Modi and his…
WhatsApp launches bill payments in India: How to pay electricity, gas, water bills on messaging app
WhatsApp has launched bill payments in India to make it easier for users to find, manage and pay their everyday household and utility bills on…
Why is the US bond market under pressure? Japan, Fed rates, AI borrowing and $40T debt explained
The US bond market is under pressure again, with long-term Treasury yields near multi-decade highs. Higher yields are making mortgages and corporate loans more expensive…
Nvidia to acquire Hugging Face for $13 billion: Why the AI model deal matters
Nvidia has agreed to buy AI platform Hugging Face for about $13 billion, in what would be the biggest outright acquisition in Nvidia’s history. The…
Indian banks pitch FX sell/buy swaps to drain surplus liquidity, sources say
Mumbai: Indian lenders proposed using foreign exchange sell/buy swaps to gradually withdraw excess rupee liquidity from the banking system at a meeting with the central…
Canada assesses risks to imports after India’s FDA raids find fake labels on food products
The Canadian Food Inspection Agency is looking into whether an illegal operation in India that labelled chips and other food products with fake nutrition information…