Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
05 Jun, 2026, 10.01 AM IST
Talent fight heats up in India finance hub as two chiefs quitGIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resig...
05 Jun, 2026, 08.29 AM IST
IIFL Finance nets $500 million in overseas bond salesIIFL Finance successfully raised $500 million through international dollar bonds, priced at 7.6% for a 3.25-year tenure. This marks India's...
04 Jun, 2026, 08.47 AM IST
JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
02 Jun, 2026, 07.08 AM IST
Avaada secures $950 million from global, domestic BanksAvaada Group has achieved a major milestone. The company announced financial closure for its firm and dispatchable renewable energy project...
01 Jun, 2026, 11.38 PM IST
Avaada Group secures $950 million financing from consortium of global and domestic banksAvaada Group has achieved financial closure for its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, calling it...
01 Jun, 2026, 01.47 PM IST
OpenAI's Sam Altman says AI unlikely to lead to 'jobs apocalypse'OpenAI CEO Sam Altman stated AI will not cause a global jobs apocalypse. He admitted his fears about white-collar job losses were exaggerat...
26 May, 2026, 01.15 PM IST
Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
26 May, 2026, 10.24 AM IST
Indian bonds end volatile session lower as rate hike bets riseIndian bonds experienced a downturn as reports surfaced of the Reserve Bank of India considering interest rate hikes to bolster the rupee. ...
22 May, 2026, 06.01 AM IST
StanChart CEO seeks to reassure staff over AI-linked job cutsStandard Chartered CEO Bill Winters reassured staff following news of job cuts, emphasizing that the bank is replacing "lower-value human c...
20 May, 2026, 03.10 PM IST
AI will destroy and create new jobs, urges staff to embrace change: HSBC CEOHSBC's top executive Georges Elhedery stated that artificial intelligence will reshape jobs in finance. The bank is actively retraining its...
20 May, 2026, 11.12 AM IST
Singapore urges financial firms to use AI to create better jobsSingapore's Deputy Prime Minister Gan Kim Yong is encouraging banks and financial companies to leverage artificial intelligence. The focus ...
20 May, 2026, 10.08 AM IST
Standard Chartered plans to cut thousands of jobs in AI pushStandard Chartered on Tuesday raised its profitability target, aiming for a return on tangible equity of more than 15% by 2028 and about 18...
19 May, 2026, 11.32 AM IST
Highest 3-year FD interest rates for senior citizens: These banks offer 8% interest rate on fixed depositsSenior citizens seeking higher returns on their retirement savings can explore 3-year Fixed Deposit options. Small finance banks like Jana ...
15 May, 2026, 06.17 PM IST
IIFL Finance plans to raise $400 million in ECBsIIFL Finance is aiming to raise up to $400 million through external commercial borrowings, with Standard Chartered, JPMorgan, and HSBC arra...
06 May, 2026, 05.59 AM IST
Global Earnings | HSBC reports flat first-quarter profit; expects further credit lossHSBC Holdings saw flat first-quarter profits. Higher credit loss charges in the UK and provisions for Middle East conflict impacted earning...
05 May, 2026, 10.09 AM IST
- Mauritius a safe bet as gateway to Africa
The nation has also reportedly replied satisfactorily to more than 100 global tax queries from 40 global regulatory authorities, including ...
10 Mar, 2012, 03.12 AM IST