Category: Finance

Raids sweep across 35 premises, 50 firms, as probe alleges ₹3,000 crore loan scandal and ‘deliberate deception’ Anil Ambani’s once high-flying business empire has come under fresh fire. On Thursday, July 24, officials from India’s Enforcement Directorate (ED) fanned out across Mumbai, launching coordinated raids on more than 35 locations linked to the embattled tycoon. The search operations follow a major red flag raised by State Bank of India, which…

RBI’s surprise liquidity push has set the tone for a potential debt fund revival. Experts weigh in on what it means for investors and the fixed-income market. India’s fixed-income landscape just got a jolt—and no, it wasn’t entirely anticipated. On June 6, the Reserve Bank of India pulled a fast one, announcing a 100-basis-point cut in the Cash Reserve Ratio (CRR), to be implemented in four 25-bps chunks. That’s on…

Adani Airports Holdings Ltd (AAHL), India’s biggest private airport operator, has successfully raised $750 million from a group of international lenders, signaling fresh momentum for its expansion plans. This funding, secured through external commercial borrowings, comes from a consortium featuring First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank. The cash infusion is set to ease AAHL’s existing debt burden while fueling infrastructure upgrades and capacity growth at six…

JP Morgan has shifted gears on emerging markets, upgrading their outlook from cautious to optimistic. After years of underperformance compared to developed markets, emerging markets now get a nod as attractive opportunities—India stands out as a top pick. A Fresh Take on Emerging Markets After Four Tough Years Emerging markets have been struggling, no doubt about it. Since 2021, they lagged developed markets by nearly 40%. That kind of performance…

A heartbreaking discovery in Georgia — the body of a missing father of five was found in a local lake following a kayaking trip. While tragic in its own right, this event has unexpectedly sent subtle tremors through regional crypto markets, showing how local news can sway investor mood and behavior, even in far-flung corners of finance. Tragedy Meets Markets: How Local News Can Shape Crypto Sentiment It’s tough to…

Stock trades above 200-DMA for second day; technicals point to 31% potential upside if momentum holds YES Bank might finally be shaking off its long-standing bearish overhang. With shares jumping nearly 5% in intra-day trade Tuesday to hit ₹21.39, the stock is now holding above its crucial 200-day moving average (₹20.23) for the second straight session. That’s not just a number—it’s a big deal for technical traders. And the market’s…

A drop in EMIs is great, sure — but shortening your loan tenure could be the real money-saver in this rate cut cycle India’s central bank has trimmed its key interest rate again, and this time, it’s not just the economists who are celebrating. If you’re one of the millions with a floating-rate home loan, your monthly EMIs are about to get lighter — and smarter choices could mean massive…

India’s central bank looks set to cut interest rates again—but for millions of depositors and cautious savers, don’t expect any sudden bonanza. And for banks, well, the cost of funds might just stay stubbornly high a little longer. Despite the anticipated move from the Reserve Bank of India (RBI), set to be announced at the close of its Monetary Policy Committee meeting today, the benefits might not spread evenly. Borrowers…

The AIM Congress 2025 is set to redefine the global financial landscape by exploring pivotal trends such as Fintech, Digital Adoption, Sustainable Finance, Risk Management, Regulatory Compliance, and Banking and Payments. Scheduled to take place from April 7 to 9, 2025, at the Abu Dhabi National Exhibition Centre, this premier event will gather over 25,000 participants from 180 countries. The congress aims to serve as a platform for thought leaders…

BasisBank has been honored with the prestigious title of Best Private Bank in Georgia at the 2024 Global Banking & Finance Awards. This accolade recognizes the bank’s exceptional services and innovative offerings tailored to high-net-worth clients. BasisBank’s commitment to excellence and customer-centric approach has set a new benchmark in the Georgian banking sector, earning it international acclaim and solidifying its reputation as a leader in private banking. Recognition of Excellence…