ICICI Bank raises $17.88 billion under RBI's FCNR(B) swap facility

IANS | September 2, 2026 11:35 AM

New Delhi, Sep 2 (IANS) ICICI Bank has mobilised about $17.88 billion through foreign currency non-resident (FCNR-B) deposits under the Reserve Bank of India's special dollar-rupee swap facility, the lender said in an exchange filing on Wednesday.

India’s development lessons can help world: Ajay Banga

IANS | September 2, 2026 10:17 AM

Asheville, Sep 2 (IANS) India has reached a stage where its development experience, including digital public infrastructure and technology-led agriculture, can be shared with other countries, World Bank President Ajay Banga has said.

Apple's new CEO to get $58 million pay package in FY27

IANS | September 2, 2026 10:06 AM

New Delhi, Sep 2 (IANS) US-based Apple Inc.'s new Chief Executive Officer John Ternus will receive a compensation package worth about $58 million in fiscal 2027, while outgoing CEO Tim Cook is set to receive about $47 million in his new role as executive chairman, as per multiple reports.

Consumer prices up 3.1 pc in S. Korea in Aug over fuel, mobile subscription fees

IANS | September 2, 2026 9:38 AM

Seoul, Sep 2 (IANS) South Korea's consumer prices moved up 3.1 per cent in August from a year earlier as oil prices remained elevated, along with higher mobile service subscription charges due to a low base effect from large-scale discounts offered last year following a hacking incident, data showed on Wednesday.