Following the IndusInd situation, the RBI is scrutinizing special Japanese yen (JPY) deposits, which offered high returns to NRIs. Banks attracted deposits by selling JPY forward, but the RBI is now urging them to align rates with the market. Yes Bank has already significantly lowered its JPY deposit rates, signaling a shift in strategy.
A tower crane will soon appear at 370 N. Morgan St., the site of the old single-story Fox Deluxe Foods building, where developer Vista Property Group plans to construct a 31-story residential tower.
Mazagon Dock Shipbuilders reported a 51% year-on-year decline in its Q4FY25 consolidated net profit at Rs 325 crore versus Rs 663 crore posted in the year ago period.
Capital markets regulator Sebi has introduced a comprehensive set of reforms to strengthen risk monitoring and make the equity derivatives market safer and more transparent for investors.
Wall Street and financial markets around the world jumped after a U.S. court ruled that President Donald Trump is not authorized to impose sweeping tariffs on imports under an emergency-powers law.
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.
