The RBI said that, based on the encouraging response to the swap facility for FCNR(B) deposits and the resultant forex inflows, the facility will be available only for deposits mobilised until August 31, 2026.
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The RBI said that, based on the encouraging response to the swap facility for FCNR(B) deposits and the resultant forex inflows, the facility will be available only for deposits mobilised until August 31, 2026.

Ministry of Defence has signed contracts worth Rs 1,577 crore with Tata Advanced Systems and NIBE for loiter munition systems, loitering munitions and accessories.

Nearly one in five LinkedIn users reportedly alters past job titles or descriptions years after leaving them, with AI skills emerging as a key addition.

Capricor Therapeutics shares surged 94% intraday after the FDA indicated it was willing to review additional data for deramiocel, its experimental Duchenne muscular dystrophy treatment.

FSG retains majority ownership and operational control as Amit Bhatia-led consortium invests £1.65 billion, valuing Liverpool at £5.5 billion.

Reddit, which went public in March 2024, will be included to the benchmark before trading begins on August 18. It will replace AvalonBay Communities Inc., which will be acquired by S&P 500 member Equity Residential.

Tata Steel sold its entire stake in Jamshedpur Football and Sporting Pvt. to Churchill Brothers Sports Club for token sum of Rs 100, exiting the Indian Super League and bringing the curtains down on its ownership of a professional football club.

The gains come after a strong session for semiconductor stocks on Thursday, when renewed optimism around artificial intelligence and robust technology earnings lifted the Nasdaq 100 by 1.15%.

Kwality Wall's cautioned that investments in capabilities and strategic growth priorities could keep its cost base elevated in the near term.

More than half of investors identified the high cost of financing as one of the biggest problems facing the market.