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FINANCE AND ECONOMY
India's AI boom is rewarding engineers more than codersIndia's AI and manufacturing push is reshaping job market, with engineers, technical support professionals and infrastructure roles seeing ...
PM Modi chairs second high-level meeting with Secretaries, reviews agenda for Viksit BharatPrime Minister Narendra Modi chaired a high-level meeting reviewing future action agendas. Discussions focused on finance, commerce, and te...
Minimum balance charges swell pvt banks' coffers by nearly Rs 5,000 cr in FY26Private banks collected over Rs 4,900 crore from account holders for minimum balance failures. Public sector banks also gathered Rs 2,100 c...
Fitch warns AI market correction emerging as major global credit riskRatings agency Fitch warns of significant AI-related market correction risks. Unprecedented AI spending and soaring tech valuations raise c...
Macroeconomic fundamentals of Indian economy remain strong amid global challengesIndia's economy shows strong macroeconomic fundamentals and a resilient financial system. Robust domestic demand and healthy corporate bala...
Budget has buffers to tackle global risks, no need to revisit govt's budget estimates yet, says SitharamanUnion Finance Minister Nirmala Sitharaman stated no need to revise Budget estimates. Adequate fiscal buffers exist to manage global uncerta...
Charting the global economy: Growth picks up, AI boom continuesUS unemployment claims reached a near 60-year low, signaling a stable labor market. The European Central Bank rejected an immediate rate hi...
All India Tennis Association cuts overseas travel allowance to $450 from $700The All India Tennis Association approved governance reforms, cutting official overseas travel allowances significantly. Officials will now...
Renewable energy expansion, battery storage push key to green transition: Pralhad JoshiIndia is accelerating its clean energy transition with a strong push in battery storage, wind and solar power, Union minister Pralhad Joshi...
Two Civil Engineers with no agriculture background built a Rs 565 crore cattle startup; their weekend project has solved one of India's oldest trade problemsNeetu Yadav and Kirti Jangra, two IIT Delhi civil engineering graduates, founded Animall in 2019 to bring India's unorganised cattle market...
Pakistan seeks $10 billion fund from US after mediating Iran talksPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to boost foreign reserve...
S&P raises Pakistan's sovereign rating to 'B'S&P upgraded Pakistan's rating to 'B' from 'B-'. This upgrade reflects improved institutional stability and key IMF-backed reforms. Reforms...
Punjab National Bank eyes ambitious target to break into world's top 100Punjab National Bank is setting its sights on breaking into the elite group of the world's top 100 lenders in the near future. With a signi...
- Climate finance must reach nations that need it most, says UN Climate Chief
Climate finance is rising but not fast enough for developing nations. Developed countries must triple adaptation finance and deliver USD 30...
Pakistan seeks $10 billion US stabilization facility to shore up reservesPakistan has requested a ten billion dollar exchange stabilization facility from the United States. This loan aims to bolster foreign excha...
JPMorgan, other US banks set to help finance Japan's $550 billion US investment plan, sources sayJPMorgan and other US banks are close to agreeing on financing support for projects under Japan’s $550 billion US investment pledge, accord...
JPMorgan, other US banks set to help finance Japan's $550 billion US investment plan, say sourcesUS banks like JPMorgan are nearing financing agreements for Japan's investment pledge. Japanese banks face high costs for dollar funding, l...
UK chief financial officers turn more hopeful about AIThe survey of UK chief financial officers by accountancy firm Deloitte found 73% were optimistic about AI improving their businesses' perfo...
EU wants bigger banks to rival US lendersThe European Union desires larger banks to enhance global competitiveness. Brussels aims to ease banking regulations and lower capital requ...
The experience economy is reshaping consumer financeYoung professionals now prioritize experiences, shifting financial goals from tangible assets. Consumers globally continue to spend on trav...