The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract foreign funds. The changes are effective immediately and will continue until September 2026. Banks can now offer higher …
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength. These sectors are hitting new highs, driven by structura…
India Business News: MUMBAI: Foreign fund buying helped sensex settle marginally higher on Monday, despite crude oil prices continuing the recent uptrend and rupee hitting.
Indian investors are increasingly shifting money overseas in search of diversification amid weaker domestic market returns, persistent foreign fund outflows, and a record-low rupee. Overseas investments in equities and debt rose 60% year-on-year to over $2.2 …