RBI
Finance

RBI Allows Loans Against FX Deposits

By BPN News Desk
The Reserve Bank of India has clarified that domestic banks can extend loans to non-residents against foreign currency deposits, including through their overseas branches, as part of efforts to attract more foreign exchange inflows. RBI Allows Loans Against FX Deposits The RBI said Indian banks may offer loans to non-residents against Foreign Currency Non-Resident Bank
rupee
Markets

Fairfax Buys $1 Billion Indian Bonds

By BPN News Desk
Canada-based Fairfax has bought nearly $1 billion worth of Indian government bonds through its local unit, in a rare large-scale purchase that may be linked to its interest in acquiring a stake in IDBI Bank. Fairfax Buys Indian Government Bonds Fairfax India Holding Corp purchased Indian government debt worth nearly $1 billion last Friday, marking […]
cooktop
Industry

India Eyes Australia For Cooktop Glass Supply

By BPN News Desk
India is exploring steady supplies of Australian spodumene to support domestic ceramic glass production for induction cooktops, as the government looks to reduce dependence on Chinese imports amid a sharp rise in electric cooking appliance demand. India Eyes Australian Spodumene Supply Senior government officials said the Power Ministry has taken up the issue of
hospital
Health

India Crosses 5 Lakh Organ Donation Pledges

By BPN News Desk
India has crossed more than five lakh organ donation pledges, marking a major milestone in public participation for organ and tissue donation. The Health Ministry said the achievement reflects growing awareness and citizen commitment towards saving lives through voluntary donation. India Organ Donation Pledges Cross Five Lakh The Ministry of Health and Family Welfare said
india oil
International

US Gives Iran Oil Sanctions Waiver

By BPN News Desk
The United States has issued a temporary 60-day waiver on Iranian oil-related transactions, a move that could help India diversify crude supplies and reduce pressure from volatile global energy prices. US Iran Oil Sanctions Waiver Washington has not fully lifted Iran oil sanctions but has issued a temporary general licence allowing transactions involving Iranian crude […]
Wang Yi
International

Wang Yi Calls For India-China Dialogue

By BPN News Desk
Chinese Foreign Minister Wang Yi has called for India and China to speed up the resumption of stalled dialogue mechanisms, as both countries continue efforts to stabilise ties after years of border-related tension. India China Dialogue Mechanisms Wang made the remarks during his visit to New Delhi for the BRICS National Security Advisers’ meeting. He […]
ipl
Cricket Sports

Fleming Set To Continue As CSK Coach

By BPN News Desk
Chennai Super Kings are expected to retain Stephen Fleming as head coach despite growing calls for change after two disappointing IPL seasons, with the franchise reportedly not planning any major change at the top. Stephen Fleming To Continue As CSK Head Coach Stephen Fleming is set to continue as Chennai Super Kings head coach, even […]
whatsapp
Business

Kunal Shah Named WhatsApp Global Head

By BPN News Desk
CRED founder Kunal Shah has been named the next global head of WhatsApp as Meta announced a major investment in the Indian fintech company, marking one of the biggest leadership moves involving an Indian startup founder in global technology. Kunal Shah To Lead WhatsApp Globally Kunal Shah will take charge of WhatsApp globally, succeeding Will […]