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From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...- Nifty to hit 42,000 by 2028? New paper that studied market cycles says it's possible if these factors alignA CNI InfoXchange study projects the Nifty could surpass 42,000 by 2028 if sustained foreign investor inflows return. The report highlights...
- Investors say they want Trump and Xi to stay out of AI's wayThe tables have turned. There's little China is eager to discuss with Trump," said Yang Tingwu, vice general manager of Tongheng Investment...
- Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 yearThe Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...
- Energy shock from Iran war delays rate cuts, sets up divergent paths for Fed, ECB and BoJThe Iran war's impact on energy prices is forcing central banks to reassess policy. Robeco anticipates the Fed will cut rates twice this ye...
- Vivo X300 Ultra, X300 FE expected to launch in India in May, check probable camera features and moreVivo is set to launch its premium X300 Ultra smartphone in India on May 7, boasting a groundbreaking dual 200MP camera system with impressi...
- Ceasefire sends dollar toward weekly drop with US-Iran talks in focusInvestors are shifting their focus as the dollar declines, buoyed by the resumption of oil shipping after a ceasefire in the Gulf alleviate...
- Dollar set for weekly drop ahead of US-Iran peace talksThe US dollar is experiencing its biggest weekly fall since January. Other currencies are strengthening as a Gulf ceasefire appears to be h...
- China to allow more banks to handle digital yuan, sources sayThe push to put the digital yuan into the real economy has been slow so far since its launch in 2019, with most retail customers already ab...
- MHA grants FCRA licence to CNI and USIN foundationThe Union Home Ministry has granted FCRA licenses to the USIN Foundation, a think tank with notable founding members, and The Synodical Boa...
- Redmi Note 12 series with 210W fast charging, 200MP camera launched: Check price & specsThe new devices are powered by MediaTek Dimensity 1080 chipset.
- CNI tells city schools to curtail summer vacation and start physical classes from June 20In a notice to private English medium schools, run by it, the Bishop of Kolkata, Rt Reverand Dr Paritosh Canning directed the heads to reop...
- China uses digital yuan to stimulate virus-hit consumptionChina is at the fore of a global race to develop central bank digital currencies. Issuing e-CNY subsidies can both aid consumption and furt...
- Paying with e-CNY? First show a digital IDUnlike cash, or cryptocurrencies like Bitcoin, digital money issued by central banks won’t be pure tokens. Either the issuing monetary auth...
- Hong Kong to test linking China's digital yuan with domestic paymentsChina's e-CNY is one of the most advanced central bank digital currency (CBDC) projects among major economies.
- Small stocks lose out to blue-chips in 3 monthsThe BSE mid-cap and small-cap indices have underperformed compared to bigger counterparts in the first three months of this year.
- China boosts railways spending to help reverse slowing economic growthChina's ministry of railways has announced plans to raise spending on railways and bridges this year to CNY470 billion ($74 billion).
- CNI Research to launch business newspaper; scrip soarsFinancial information provider CNI Research today said it will foray into the print media with the launch of a business newspaper within si...
- Recognise the importance of regional tradeA better model for regional bilateral trade in Asia would be to do deals in local currencies.
- Centre's new mine categorisation may hit CIL’s divestmentThe government’s decision to divide coal-bearing regions of the country into two categories could hurt the prospects of disinvestment.
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