Business – Page 17

Canara Bank Plans to Raise 2.5 Billion Dollars via Foreign Currency Deposits

State-run Canara Bank announced plans to secure 2.5 billion dollars through non-resident foreign currency deposit schemes.

The Indian rupee recorded its biggest single-day gain in weeks after official statements boosted market confidence.

The Indian government authorized printing two billion polymer-based banknotes to evaluate durability for low-denomination currency.

Global gold prices maintained steady gains as investors weighed crude oil price swings ahead of central bank policy meetings.

Heavy selling in technology and semiconductor equities caused an 11 percent plunge in South Koreas benchmark stock index.

Brent crude benchmark dropped back toward 86 dollars per barrel as diplomatic signals eased fears of Persian Gulf supply halts.

RBI Governor Sanjay Malhotra revealed that a special foreign exchange mobilization initiative brought $32 billion into reserves.

Ministry officials told Parliament that IIT graduates taking foreign job placements reflect personal career decisions rather than systemic failure.

India flagged off its first direct freight rail service carrying 1225 tonnes of canola cargo directly to Nepal.

Air India introduced direct transfer options from Amritsar for international flights departing via Delhi