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BANK OF INTERNATIONAL SETTLEMENTS
Sunil Bharti Mittal is prowling for big kill on his African safariAirtel Money’s London listing has put a roughly $7 billion valuation on Sunil Bharti Mittal’s African fintech bet, highlighting how far the...- What's happening with Britain's Jerusalem consulate?Britain has decided to keep its nearly 200-year-old consulate in Jerusalem open under the new name UK Mission. This decision comes after Is...
- ‘Emerging Markets’ is Obsolete: India, Taiwan and South Korea no longer fit neatly in the same boxCurrent classifications distinguishing between emerging and developed financial markets fall short of accuracy, as illustrated by South Kor...
- RBI brings new rule for banks to measure risks from derivatives, other such dealingsThe Reserve Bank of India has set a Rs 25,000 crore threshold for banks to adopt new credit risk approaches. Banks with considerable deriva...
- Stable institutions, steady pursuit of reforms will steer India to 2047 goal: Jean-Claude TrichetIndia's journey to becoming a developed nation by 2047 hinges on institutional stability and sustained economic reforms. Former European Ce...
- Britain likely to expel Israeli diplomats if Jerusalem consulate closes, sources sayBritain could expel Israeli diplomats if Israel follows through on its order to shut the British consulate in East Jerusalem this week, acc...
- Global Market | Central banks face tougher crisis-management role as public debt rises: BIS chiefBIS chief Pablo Hernández de Cos warned that future financial crises could be harder to manage amid soaring public debt, fiscal deficits an...
- RBI Governor Sanjay Malhotra flags rising financial risks, warns against complacency as West Asia conflict adds to inflation pressureSanjay Malhotra highlighted the need for vigilance regarding financial vulnerabilities at the Kautilya Economic Conclave. He emphasized tha...
- BRICS isn’t killing the dollar. The world is learning to live without itBRICS aims to decrease reliance on the US dollar by facilitating trade in national currencies among member countries. This trend is evident...
- Ashok Leyland's best year in its history, and what the annual report says about holding on to itAshok Leyland sold more commercial vehicles in FY26 than in any year since it was founded, earned its highest-ever profit, and closed with ...
- Redefining global finance: Emergence of alternative payment infrastructureChairman of PSB Bank Petr Fradkov, in an interview with RBC, discusses what is happening in one of the most closed sectors of the economy, ...
- Groww begins phased rollout of US stock investing through GIFT CityThe rollout comes as US technology stocks have climbed back to record levels on renewed investor enthusiasm around artificial intelligence....
- Rupee, dirham and UPI: India, UAE push cross-border trade without frictionIndia and the UAE are working towards enhancing bilateral trade by adopting local currency transactions and payment system integration. The...
- How Israel's regional neighbours see its upcoming electionsIsrael's approaching elections on October 27 are being closely observed by neighboring countries, emphasizing regional implications. Prime ...
- Netanyahu is booed as he begins his UNGA speech, with many delegations walking out of the General Assembly hallDuring his speech at the United Nations General Assembly, Benjamin Netanyahu was met with protests and significant walkouts. Many delegates...
- Banks likely to deploy FCNR(B) liquidity in coming months as festive credit demand rises: RBI Deputy GuvReserve Bank Deputy Governor Rohit Jain stated that banks are expected to deploy additional liquidity from FCNR(B) deposits. This deploymen...
- Economic Affairs Secretary underlines need for household savings to be channelled into India's financial systemEconomic Affairs Secretary Anuradha Thakur emphasised India's potential for greater global financial integration. She highlighted the impor...
- Netanyahu expected to berate New York's Mamdani in 'campaign speech' of UN addressBenjamin Netanyahu is set to deliver a speech at the UN where he plans to address Mayor Zohran Mamdani's accusations. As Israeli elections ...
- US drafted Rubio memo condemning UK over West Bank sanctions. It was never releasedUS officials prepared a statement condemning UK, France, and Canada for their plans related to Israeli settlements. The draft statement aim...
- Govt urges bank employees to refrain from strikes, resolve issues through dialogueThe Finance Ministry urged bank employees to resolve demands through dialogue and avoid strikes. Most union concerns have been addressed, a...
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