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BANKING CONFERENCE 2023
Banks continue to garner FCNR deposits at a brisk paceIndian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial fore...- Regime change? Inside Reza Pahlavi's faltering bid to lead IranReza Pahlavi, the exiled son of Iran's last shah, is facing growing questions over his leadership ambitions despite years of campaigning fo...
- Indonesia's central bank governor Perry Warjiyo steps down, stoking independence concernsIndonesia's central bank governor Perry Warjiyo resigned unexpectedly on Monday. Destry Damayanti, a senior deputy governor, will now serve...
- Japan's wholesale inflation spikes as fuel costs, weak yen biteJapan's wholesale inflation surged at its fastest pace in over three years. This acceleration was driven by rising fuel and metal prices, a...
- Have foreign income or assets? AIS to soon show foreign assets and income details shared by foreign countriesThis is a CBDT order dated July 8, 2026 issued under Section 119 of the Income-tax Act, 1961. It is an administrative order that authorizes...
- ET Prime Special Series: Multibagger or IBC - Part 66: This old auto ancillary giant is betting big on the next energy shiftFor 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominated its market, and it generated st...
- SBI employee gets relief in harassment case as Bombay HC rules shared auto commute falls outside POSH law’s workplace definitionThe Bombay High Court has overturned disciplinary action against an SBI employee, ruling that a shared auto-rickshaw is not a 'workplace' u...
- Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...
- Global Market Today: Shares edge higher in Asia as oil dips, earnings loomAsian markets saw gains as Wall Street futures rose, buoyed by hopes of strong earnings and easing oil prices. Reduced inflation fears have...
- India's Bimal Patel elected UN's ITLOS tribunal judgeThe election was held within the framework of the 36th Conference of States Parties to the United Nations Convention on the Law of the Sea ...
- Indian AI startups pitch for funds from venture capitalists in US: Anirudh ArunIndian artificial intelligence companies are increasingly securing funding from the United States. Investors are drawn to promising returns...
- World's first gig economy treaty adopted at the United Nation's ILOA historic international agreement has been adopted at the UN's International Labour Organization. This landmark convention aims to extend ...
- ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
- Private sector banks are the best contrarian bet for the next 3 years, says S NarenICICI Prudential AMC CIO S Naren warned that rising leverage through derivatives and margin trading poses a bigger risk than any slowdown i...
- ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
- War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
- First goes the Fed dot, then guidance - and then a hike?The Federal Reserve's interest rate forecasts, known as the dot plot, might be removed. This change could signal a shift in policy under th...
- Putin's 'Russian Davos' opens with US guests as economy slows and war drags onRussia hosts its premier investment forum in Saint Petersburg. The event includes prominent figures from the United States and Germany. Thi...
- Haryana: Internet services to be suspended on May 30 in Faridabad ahead of demolition driveMobile internet and bulk SMS services are suspended in a Faridabad zone on May 30. The Haryana government issued the order to maintain publ...
- Central banks remain keen buyers of gold, representatives tell bullion conferenceCentral banks continue to value gold for diversifying reserves, despite price rallies and a slowdown in Chinese purchases. The Czech Republ...
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