Tech selloff weighs on European shares ahead of ECB meeting next weekEuropean stocks edged lower Friday, influenced by a global tech sell-off and Middle East tensions. Investors await the European Central Ban...
Global Market: ECB weighs inflation risks, digital Euro progress at July meetingAccording to Reuters, policymakers are widely expected to keep the ECB's key interest rate unchanged at 2.25%, following June's surprise ra...
Euro zone yields rise, gap between German and US borrowing costs smallest in a monthGerman and US borrowing costs are nearing their narrowest gap in a month. Euro zone yields rose due to Gulf fighting, increasing inflation ...
RBI governor meets bank CEOs to discuss AI, geopolitics and ECL guidelinesCentral bank governor Sanjay Malhotra met bank chief executives on Tuesday. Geopolitical complexities and artificial intelligence were key ...
Nirmala Sitharaman calls for greater NRI outreach to boost foreign currency inflowsFinance Minister Nirmala Sitharaman urged banks to intensify outreach to non-resident Indians. Innovative deposit products and foreign curr...
FM Nirmala Sitharaman calls for enhanced NRI outreach to sustain foreign currency mobilisation momentumFinance Minister Nirmala Sitharaman urged banks to enhance outreach to Non Resident Indians. Banks are offering attractive returns on forei...
FM Sitharaman to meet PSB chiefs to review foreign currency deposit driveFinance Minister Nirmala Sitharaman will meet public sector bank chiefs Monday. They will review efforts to attract foreign currency deposi...
FM Nirmala Sitharaman to meets heads of PSU banks on Mon, review foreign currency deposit mobilisationFinance Minister Nirmala Sitharaman will meet public sector bank heads on Monday. The meeting will review progress on attracting foreign cu...
Global Market: Geopolitical risks return to centre stage for ECB as inflation fears resurfaceFresh US-Iran hostilities have pushed the European Central Bank back to its inflation fight. Rising energy prices now threaten to reignite ...
As West Asia boils again, RBI likely to assess FCNR flowsThe Reserve Bank of India will review foreign currency deposit inflows next week. This meeting follows rising Middle East tensions and pote...
Global Market: Euro zone inflation risks persist despite oil price retreat, ECB's Schnabel warnsECB Executive Board member Isabel Schnabel said the euro zone economy has not returned to pre-war conditions despite lower oil prices, citi...
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...
FPIs double down on Indian debt, keep equity bets on holdForeign investors are pouring money into Indian debt, with record inflows in June, while simultaneously pulling out of local equities. This...
Fed's Warsh: Will decide on rate hike when policymakers 'shut the door' at next meetingAt an international monetary policy forum, Federal Reserve Chair Kevin Warsh stressed the necessity of maintaining a 2% inflation target. H...
Global Market: European shares pause after rally, doubts linger over Iran peace dealEuropean stocks faced a minor setback on Wednesday, taking a brief respite following a strong performance in the second quarter. The invest...
Surprisingly quick oil price retreat eases urgency for European Central Bank to act, sources sayEuropean Central Bank policymakers are less pressured to raise interest rates next month due to a swift drop in oil prices. While a hike is...