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RBI raises limit for short-term borrowing for states, UTs from July 1

The RBI provides WMA to states banking with it to help them tide over temporary mismatches in the cash flow of their receipts and payments

Forex reserves rise by $810 mn to $653.7 bn as on June 21: RBI data

The Reserve Bank of India (RBI) intervenes in the foreign exchange market to curb excess volatility in the rupee

US inflation cools in May; consumer spending rises marginally by 0.2%

In the 12 months through May, the personal consumption expenditures price index increased 2.6 per cent after advancing 2.7 per cent in April

Warren Buffett donates $5.3 bn of Berkshire Hathaway shares to 5 charities

Warren Buffett has donated the stocks to the Bill & Melinda Gates Foundation and four family charities. This is his biggest annual donation since he began making them in 2006

Banks' loans rise 19.2% in 2 weeks to June 14, deposits up 12.6%: RBI

Outstanding loans fell Rs 716.02 billion ($8.59 billion) to Rs 167.11 trillion in the two weeks to June 14

How Delhi went from extreme heat to heavy floods; all you need to know

For every degree increase in earth's temperature, the amount of water vapour in the atmosphere can increase by about 7 per cent, according to a Nasa article

Pak Parliament passes tax-laden budget ahead of talks on fresh IMF loan

Pakistan is in talks with the IMF for a loan of $6 billion to $8 billion

Biden's shaky debate has overseas allies steeling for Trump's return

Joe Biden's supporters had hoped the debate would erase worries that he was too old to serve, but several lawmakers, analysts and investors also said the event had given Trump a boost

Indians tackle intense heat with 'mad rush' for air conditioners, beer

Quick delivery service Swiggy Instamart said it is seeing a sharp rise in orders for ice cream and cold beverages

China's Xi calls for 'bridges' amid trade, diplomatic & territory disputes

China will never leave the road of peaceful development, Xi said at a conference commemorating China's guiding principles for foreign affairs first formulated 70 years ago

Govt bond yield flat as traders expect inflows on Day 1 of index inclusion

Most Indian government bonds under the Fully Accessible Route (FAR) will be a part of the JPMorgan index. These papers have already seen inflows nearing $11 billion since the inclusion's announcement

US to confront Russia at UN Security Council over North Korean weapons

The meeting of the 15-member council comes after Russian President Vladimir Putin traveled to Pyongyang last week to sign a pact with North Korean leader Kim Jong Un

As US inflation cools, Asian stocks head for 5th straight month of gains

Asian markets were little fazed by the first US presidential debate between Democratic President Joe Biden and his Republican rival Donald Trump ahead of the November election

Microsoft informs its customers that Russian hackers spied on emails

The Russian government has never responded to the Microsoft hacking allegations

US presidential elections: Key takeaways from the Biden-Trump debate

Trump largely refrained from speaking over Biden, showing the kind of restraint that eluded him during the candidates' first debate in 2020

GDP growth expected to slow down modestly this fiscal year and next: Poll

Most economists expect the government to maintain a broad path of fiscal consolidation

Russia considering to downgrade relations with West, says Kremlin

Peskov said that no decision had yet been made on the matter and that Russia was considering different ways to respond to the West

Japanese authorities will take necessary actions on yen decline: Minister

"It's desirable for exchange rates to move stably. Rapid, one-sided moves are undesirable. In particular, we're deeply concerned about the effect on the economy," Suzuki told reporters

You Need to Calm Down: Why the Taylor Swift economy may not be real

It is hoped Swift, along with Olympics Games in France and Euro 2024 soccer championship in Germany will provide a shot in the arm for continent that has skirted recession for most of the past 2 years

RBL Bank to raise Rs 6,500 cr through combination of QIP, debt issue

The bank will raise Rs 3,500 crore through QIP and Rs 3,000 crore through issue of debt securities via private placement, according to an exchange filing