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FINANCE SECTOR UNION STATEMENT
Barclays Q3 profit rises 12% YoY, lender announces £500 million share buybackBarclays reports a 12% rise in third-quarter pretax profit to £2.3 billion, broadly meeting expectations, and announces a £500 million shar...- Westpac's latest job cuts not AI-driven, spokesperson saysWestpac is set to eliminate approximately 140 positions as part of a restructuring effort. The Finance Sector Union highlights that the ban...
- India's AI financing demand to shift towards data centres, but GPU, regulatory risks persist: ReportAs India embraces the AI revolution, the sector's growth is bolstered by a surge in internet and smartphone users, alongside a wave of gene...
- Corporate capex pipeline rises 39% to Rs 99.7 lakh crore, led by IT services and power: UBIIndia’s announced private capex pipeline rose 39% year-on-year to Rs 99.7 lakh crore in September 2026, driven by IT-enabled services and c...
- Europe's financial regulators query Google over cloud outage that hit banksThe European Banking Authority said that it has been in contact with Google Cloud to obtain further information on the incident, understand...
- Want to invest Rs 1 lakh for 1 year in FD? These public, private and small finance banks offer highest maturity amountsHighest 1 year FD interest rates: Investors seeking stability may consider fixed deposits due to their guaranteed returns. Current interest...
- Micron workers in Taiwan to strike in push for bigger profit shareHuge global appetite for chips used in AI data centres has sent revenues soaring for firms that design, produce and assemble them but as th...
- Ladakh leader pushes ‘Aksai Hind’ name for territory occupied by ChinaTashi Gyalsan criticized China's claims regarding Ladakh's Union Territory status as baseless and unacceptable. He urged the Indian governm...
- Polish PM Donald Tusk to land in India on October 21 for official visit: MEAThis would be Tusk's second visit to India in his capacity as the prime minister of Poland, the first being during his earlier tenure in 20...
- Bihar’s GI-tagged Mithila Makhana expands global footprint, exports cross 7,000 tonnesUnion Minister Piyush Goyal highlighted the international success of Bihar's GI-tagged Mithila Makhana in a recent post. The product's popu...
- Charting the global economy: Inflationary pressures mount in USA broad upswing in consumer prices last month helps reinforce expectations for additional Federal Reserve interest-rate increases in the mo...
- Former NHB chairman Raj Vikash Verma passes away at 72; pioneered mortgage guarantee in IndiaRaj Vikash Verma, a leading figure in the financial sector, passed away at the age of 72. He played a crucial role in advancing housing fin...
- IMF members call for more support amid war shocks, 'advanced intelligence' risksThe International Monetary Fund's member nations are advocating for heightened assistance to those grappling with financial difficulties, m...
- IMF chief says AI risks may exceed opportunities without safeguards and ethical frameworkThe risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, IMF chi...
- Finance Ministry clarifies on legislative developments concerning govt's IDBI Bank stakeThe Finance Ministry clarified the legislative developments regarding IDBI Bank's government stake in 2003. An amendment to restrict the di...
- AYUSH sees rise in patents filings showcasing innovation growth; 4,077 applications filed from 2014 to 2026Ayush-related Intellectual Property activity has seen substantial growth, with over 4,000 patent applications from 2014 to 2026. The Minist...
- High double-digit growth in engineering goods exports in September shows sector's resilience and global competitiveness: EEPC IndiaIn September, India's exports of engineering goods soared to US$12.17 billion, indicating an impressive year-on-year growth. For the first ...
- World Bank Group mobilizes $36 billion in India for development and job creation over four yearsThe World Bank Group has mobilised a cumulative $36 billion in India across various development sectors. This funding includes $9.6 billion...
- IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...
- BIMSTEC approves Delhi Declaration with focus on combating cross-border terror, other issuesThe declaration, approved during the first meeting of BIMSTEC home ministers here, outlines principles guiding security cooperation and pri...
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