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The Latest Breaking News from B’

FCNR (B) FD premature withdrawal rules: Check penalty and interest rate rules of HDFC Bank, SBI, ICICI Bank, Axis Bank, Kotak Mahindra Bank

FCNR(B) deposits serve as a reliable investment option for NRIs wishing to secure foreign earnings in India. Penalties can differ across institutions, so it's essential to consult individual bank policies before considering any withdrawals.

The Economic Times

Stocks Supported as Fed Rate Hike Fears Ease

The S&P 500 Index ($SPX ) (SPY ) today is up +0.61%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.00%. September E-mini S&P futures (ESU26 ) are up +0.66%, and September E-mini Nasdaq futures...

Barchart

Stocks Rally on Earnings and Fed-Friendly US Payroll Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.37%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.89%. September E-mini S&P futures (ESU26 ) are up +0.44%, and September E-mini Nasdaq futures...

Barchart

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19x leverage on FCNR(B) deposits and high returns may not work for NRIs based in Singapore in this case

FCNR (B) FD: For NRIs, the potential gains from FCNR(B) deposits may be undermined by Singapore's tax policies. Interest earnings from Indian banks are recognized as originating from Singapore, triggering local taxes that can diminish effective yields on these deposits. Conversely, payments made to Indian banks' Singapore branches do not…

The Economic Times

Stock Indices Fall from Early Highs and Settle Mixed

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.83%. September E-mini S&P futures (ESU26 ) fell -0.19%, and September E-mini Nasdaq futures...

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“In the very early ‘70s, he was in one studio, and I was in another. And we just hit it off”: Tony Iommi reveals Brian May’s lead guitar cameo on his new solo album – and why the Queen guitarist is its only guest

Iommi's solo album From The Dark is out on 23 October and features a star turn from old friend Brian May

MusicRadar

Historic church burnt to ground by dangerous firebugs set to be rebuilt

A year after a deliberate fire destroyed St Mungo's Church in Cumbernauld, the congregation reveals plans to rebuild on the very same site

The National (Scotland)

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HDFC Bank, ICICI Bank raise FCNR (B) interest rates: Depositors to get up to 6.25% rates on select tenures; check details

HDFC Bank and ICICI Bank have raised FCNR(B) deposit rates by twenty-five basis points. This increase applies to select US dollar FCNR(B) deposit tenures, effective August 2026. The government will bear hedging costs on three to five-year FCNR(B) deposits until September 2026.

The Economic Times

RBI likely to hold rates in August, maintain hawkish tone as inflation risks loom: Economists

The Reserve Bank of India will likely maintain its benchmark repo rate unchanged this August. Elevated inflation risks and the FCNR(B) deposit scheme closure influence this decision. The central bank will adopt a hawkish tone while monitoring monsoon progress and global factors. Most economists anticipate future rate hikes if inflationary…

The Economic Times

Higher FCNR and NRE FD interest rates: This bank revises NRE rates to 7.60% and FCNR rates to 7.40%; check details

AU Small Finance Bank has raised interest rates on FCNR(B) and NRE fixed deposits. These new rates are effective from July 27, 2026, for specific tenures. The government's decision to bear hedging costs on FCNR deposits influenced this change. AU SFB also offers zero forex margin and bank charges on…

The Economic Times

FCNR (B) vs NRE 5-year FD: Which can give higher maturity on $50,000 investment? Know currency risk

FCNR(B) vs NRE currency risk: FCNR(B) and NRE deposits offer distinct investment avenues for non-resident Indians. FCNR(B) deposits provide currency protection, while NRE deposits carry exchange rate risk. Calculations show NRE deposits can yield higher returns if the rupee strengthens. However, the rupee has historically depreciated against the US dollar.…

The Economic Times

Stocks Tumble as the Rout in Chipmakers Deepens

The S&P 500 Index ($SPX ) (SPY ) today is down -1.06%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.23%. September E-mini S&P futures (ESU26 ) are down -0.95%, and September E-mini Nasdaq futures...

Barchart

ETMarkets Smart Talk | India’s indirect AI play could create wealth in power, data centres and capital goods: Hiren Ved

India's AI boom offers indirect opportunities in infrastructure and power sectors. Foreign institutional investors are shifting allocations away from traditional large-caps. They are now exploring growth in internet consumer and industrial spaces. This shift reflects changing market leadership and technological disruptions. The second half of 2026 is anticipated to be…

The Economic Times

Stocks Settle Lower as Chipmakers and AI Stocks Slump

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.51%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.62%. September E-mini S&P futures (ESU26 ) fell -0.50%, and September E-mini Nasdaq futures...

Barchart

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Barchart

Stocks Settle Higher on Tame Inflation News

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.10%. September E-mini S&P futures (ESU26 ) rose +0.35%, and September E-mini Nasdaq futures...

Evening Standard

Firefighters leave scene of blaze on Princes Street but road remains closed

The incident is now being investigated by the fire service and Police Scotland.

The National (Scotland)

Edinburgh faces second day of disruption following Princes Street fire

EDINBURGH is facing a second day of disruption after a fire gutted a historic building on Princes Street.

Evening Standard

Blaze at historic building in Edinburgh ‘upsetting’, council leader says

Jane Meagher said the main priority after the fire at the former Debenhams site now ‘has got to be safety’.

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news in one place.

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The National (Scotland)

Police issue update on Princes Street fire hours after building engulfed by flames

EMERGENCY services still “cannot enter” a historic building on Princes Street in Edinburgh due to safety fears after it was engulfed by fire in…

Evening Standard

Fire crews to remain on Princes Street for some time after building gutted

A blaze broke out at the former Debenhams store on Edinburgh’s main thoroughfare in the early hours of Thursday.

International Business Times UK

H-E-B Free Grocery Glitch Sparks Chaos After Shoppers Cash In on Thousands of Dollars in Food

An H-E-B grocery glitch sparked a viral shopping frenzy after customers claimed they received free orders, prompting the retailer to suspend online services while investigating the issue.

The Economic Times

How to strengthen Indian rupee without a rate hike

The Indian Rupee has depreciated significantly against the US Dollar since early 2025. Measures were introduced to boost capital inflows and support the currency. The Reserve Bank of India has intervened heavily in foreign exchange markets. A proposed foreign exchange cash reserve ratio could resolve currency leads and lags. This…

Barchart

Stock Indexes Settle Mixed as Chipmakers Retreat

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed unchanged, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.61%. September E-mini S&P futures (ESU26 ) fell -0.25%, and September E-mini Nasdaq futures (NQU26...

Benzinga

Weak Jobs, Good News: These 10 Rate-Sensitive Stocks Are Soaring Today

A dismal June jobs report turned into a green light for the market’s most rate-sensitive corners on Thursday, as a sharp slowdown in hiring gutted expectations for a Federal Reserve rate hike and sent Treasury yields and the dollar tumbling.

Barchart

Stocks Rally as Falling Crude Prices Knock Bond Yields Lower

The S&P 500 Index ($SPX ) (SPY ) today is up +0.72%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.82%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.50%. September E-mini S&P futures (ESU26 ) are up +0.56%, and September E-mini Nasdaq futures...

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