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INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
YES Bank examining SC ruling on Rs 8,415 crore AT1 bond write-offYES Bank is currently reviewing the Supreme Court decision that overturned its AT1 bond write-off. This ruling follows the Bombay High Cour...
Supreme Court upholds Bombay HC ruling quashing YES Bank's Rs 8,415 crore AT1 bond write-offThe Supreme Court has confirmed the Bombay High Court's verdict that invalidated YES Bank's write-off of AT1 bonds totaling Rs 8,415 crore,...
Yes Bank shares nosedive 20% after SC declares Rs 8,415 crore AT-1 bond write-off illegalIn a pivotal decision, India's Supreme Court declared that the write-off of Yes Bank's 84 billion rupee AT-1 bonds is unlawful, causing a s...
Bessent urges World Bank to end restrictions on upstream oil, gas financingUS Treasury Secretary Scott Bessent urged the World Bank to ease restrictions on oil and gas financing, support deep-sea mining, and reform...
IMF chief urges US and wealthy nations to rein in debt to ease global economic pressureThe International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Direc...
No magic fix: IMF chief warns growth cannot solve America's $40 trillion debtThe head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation h...
RBL Bank taps Emirates NBD network to expand NRI banking, Gulf businessRBL Bank aims to utilize Emirates NBD's global network to expand its corporate and trade finance services. The partnership will enable them...
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...
Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister SidhuCanada's Minister of International Trade has noted the investment potential between Canada and India in infrastructure development. Followi...
World Bank helps mobilise $36 billion in private capital to support job creation in India since FY22Private capital mobilisation by the World Bank Group has grown nearly five-fold in four years, rising from approximately USD 3 billion in F...
Biocon founder Kiran Mazumdar Shaw says India must shift pharma industry from generics to innovation-led growthKiran Mazumdar-Shaw emphasized the importance of building an innovation-driven pharmaceutical industry in India. She highlighted the need f...
CureMeAbroad revenue grows 4.4X across Q1 and Q2Initially specializing in cosmetic procedures, the company is now set to broaden its scope by incorporating orthopaedic and dental treatmen...
Japan finance minister named as next chair of World Bank-IMF joint development committeeSatsuki Katayama has been appointed as the next chair of the World Bank-IMF joint development committee. She is the first Japanese finance ...
FM holds talks with global financial leaders in Singapore, pitches for boosting investment in IndiaFinance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...
'They lie to us': One year on, Gazans don't believe in ceasefireOne year after the ceasefire, many residents of Gaza remain in displacement camps feeling abandoned. Despite reduced attacks from Israel, r...
In 1998, an Iowa couple bought land to restore a lost landscape; 25 years later, it became home to hundreds of plant and wildlife speciesJim grew up on a dairy farm, and spent much of his childhood outdoors. He studies natural sciences teaching and earned a master's degree in...
Archaeologists discover rare bronze ring engraved with the lighthouse of Alexandria at Egypt’s sunken royal palaceUnderwater archaeologists have found a bronze signet ring engraved with an image believed to feature the Lighthouse of Alexandria, one of a...