May 6, 2025 10:44 AM

India’s first mortgage-backed PTCs listed on NSE

M. Nagaraju, Secretary, Department of Financial Services, Ministry of Finance, on Tuesday rang the ceremonial bell to mark the listing of the country’s first mortgage-backed Pass Through Certificates (PTCs) on the National Stock Exchange (NSE). The certificates were structured by RMBS Development ...

April 7, 2025 3:39 PM

Watch for global retaliation to Trump tariffs, say experts, as markets slide

Investors should closely monitor potential retaliatory measures from the European Union and other nations in response to the reciprocal tariffs imposed by U.S. President Donald Trump, experts warned on Monday. The caution came as Indian stock markets witnessed a sharp decline, triggered by a broader...

April 7, 2025 3:23 PM

They’re Dying to Make a Deal: Trump Stands Firm on ‘Reciprocal Tariffs’

As global stock markets plunged on Monday, US President Donald Trump defended his controversial tariff policies, dismissing concerns over their economic impact. He said that world leaders are "dying to make a deal" to negotiate the reciprocal tariffs. With Asian markets opening to significant losse...

April 7, 2025 2:15 PM

RBI MPC begins, likely to go for 25 bps rate cut on April 9, says SBI report

As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7 to April 9) here, SBI Research on Monday said it expects a 25-basis-point rate cut in the policy, and that the cumulative rate cut over the cycle could be at least 100 basis points, with two successive...

April 4, 2025 6:11 PM

India-Myanmar energy ties set to deepen, says Indian Envoy Abhay Thakur

India and Myanmar are set to deepen their energy cooperation, with several key initiatives currently underway, according to Abhay Thakur, India’s Ambassador to Myanmar. The growing partnership is expected to be driven by strategic agreements and sectoral collaboration, including in shipping, solar...

April 4, 2025 4:41 PM

PM Modi urges Bangladesh’s Yunus to avoid rhetoric, protect minorities

Prime Minister Narendra Modi on Friday raised the issue of the safety and security of minorities in Bangladesh, including Hindus, during his meeting with Muhammad Yunus, Chief Advisor of the interim government in Bangladesh. The meeting was held on the sidelines of the BIMSTEC Summit in Bangkok. Th...