Large PSU financiers, including Hudco, NaBFID, PFC, REC and IRFC, are preparing to raise over $5 billion overseas after RBI unveiled a special hedging facility for dollar borrowings late last week. The move is expected to make foreign funding cheaper and kindle external commercial borrowings.
4 min read11 Jun 2026GLOBAL-FOREX/ (UPDATE 5, GRAPHICS):FOREX-Dollar drifts as investors gauge odds for renewed US-Iran peace talks
3 min read16 Apr 2026CRICKET-ENGLAND/STOKES:Cricket-England captain Stokes downplays reports of disagreements with McCullum
1 min read14 Apr 2026RBI rejected the request to permit on-lending for real estate business. It also provided clarity on the use of ECB proceeds for purchasing land and immovable property.
2 min read16 Feb 2026RBI has started linking UPI with Europe's TIPS instant payment system, aiming to streamline cross-border transactions between India and the eurozone, while promoting the global expansion of India's digital payment infrastructure.
2 min read21 Nov 2025It’s easy to think of Europe as the investment that time forgot. But strip out the so-called Magnificent Seven from U.S. gains and Europe doesn’t look so bad.
4 min read15 Jun 2025Bulgaria is poised to be the 21st country to adopt the euro. Can the EU currency offer the world an alternative to the US dollar? As America roils global trade, hopes are pinned on Europe getting its act together.
3 min read5 Jun 2025The EU measures approved last week target more than 20 billion euros worth of US products, including soybeans, motorcycles and beauty products after US reciprocal tariffs.
2 min read14 Apr 2025Economic growth has been weak across the eurozone and the balance of risks at this point makes the case for a major rate cut. Recession prevention should be the central bank’s priority.
4 min read4 Feb 2025The European Central Bank (ECB) slashed its interest rates further 25 basis points to 3 per cent on Thursday, as the inflation slows down and growth outlook worsen in the EU, reported AFP.
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