MUMBAI: State Bank of India has cut rates on select deposits and reduced lending benchmarks. The move follows the 25 bps reduction in policy rate. The revised rates come into effect from Dec 15. The bank has cut the rate on its 444-day deposit from 6.6% to 6.5%.SBI has cut rates on select deposits and…
The Pension Fund Regulatory and Development Authority (PFRDA) will create a dedicated NPS fund-of-funds platform to route pension money into selected alternative investment funds (AIFs), chairman S Ramann said on Tuesday, outlining a broader push to position pension assets as a stable source of long-term capital for India’s private markets. Speaking at IVCA DII &…
The Middle East crisis has left oil markets on edge, and the volatility is expected to continue. Prices are likely to stay high, even as forecasts vary on how long the surge will last, with the ongoing conflict still disrupting global supplies. Prices edged lower on Friday but held firmly above the $100 mark, reflecting…
The dollar-backed stablecoin will trade on Ethereum first, with support for the XRP Ledger expected soon. Source link
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Silver gave up most of its gains in late US trading after surging the most since 2008 and gold eased after topping $5,000 an ounce, with heightened volatility disrupting a rally that drove the metals to fresh record highs.The white metal ended Monday with a 0.6% gain after earlier soaring more than 14% on to…
MUMBAI: SoftBank-backed e-commerce startup Meesho will focus on making online shopping affordable for more consumers and build the value segment of the market where the opportunity is large rather than going after the quick delivery space, said Vidit Aatrey, co-founder and CEO at the company which is set to get listed on the bourses next…
(AP) President Donald Trump on Tuesday claimed that most of the US’ trading partners want to continue trade arrangements negotiated under his tariffs despite the recent ruling by the Supreme Court striking down many of them.Speaking at the joint session of Congress during his 2026 State of the Union address, Trump also reiterated that tariff…
The India–European Union Free Trade Agreement (FTA) will be credit positive for India, helping attract foreign investment, strengthen manufacturing and improve export competitiveness in labour-intensive sectors, Moody’s Ratings said on Wednesday.India and the EU announced the conclusion of negotiations for the long-pending FTA earlier this week, describing it as the “mother of all deals”. Under…
NEW DELHI: At least 7 Naxals were killed in an encounter with special force of police in Maharashtra’s Gadhchiroli on Friday.Officials said that top Naxal Prabhakar, from Telangana was also among 7 Naxals killed. Officials added that Prabhakar had Rs 25 lakh bounty on his headMaharashtra police launched an operation three days ago ear Phodewada…
