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Quote of the day by J.P. Morgan: 'People without homes will not quarrel with their leaders. This is well known among our...' - thought-provoking economic lessons on power, capitalism, public influence, leadership and social division by founder of JPMorgan Chase & CoQuote of the day by J.P. Morgan (John Pierpont Morgan): Financier J.P. Morgan's words highlight how economic insecurity can make people vul...
Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
SpaceX raises $2.2 billion in Japan slice of record-breaking IPOSpaceX secured $2.2 billion from Japanese investors in its record-breaking global IPO, reserving 3% of its Class A shares for the offering....
India bonds surge as oil nears 8-week low on US-Iran deal hopesIndian government bonds rallied early Friday as oil prices plunged, with Brent crude futures easing nearly 2% to $88.66 per barrel. This de...
Nifty Bank surges 700 points to one-month high; HDFC Bank, Yes Bank, PNB, other stocks rise 2%. What lies ahead?Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential ...
Japan's Nikkei jumps on renewed hopes for Middle East peaceJapan's Nikkei share average surged over 4% on Friday, driven by renewed hopes for Middle East peace after U.S. President Trump canceled pl...
Zelle to expand peer-to-peer payment service to India this yearZelle, a popular payment service, is set to launch in India later this year. This marks Zelle's first international expansion. The company ...
World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran warGlobal economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...
ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
India bonds end higher as oil eases; focus shifts to debt sale, inflationThursday marked a positive performance for Indian government bonds, buoyed by falling oil prices that alleviated fears tied to the U.S.-Ira...
About 19 million from India and several other countries migrated to Gulf countries since 2010: StudyA new study reveals that approximately 19 million people have migrated from India, Pakistan, and Bangladesh to the Middle East since 2010, ...
Quote of the day by Franklin D Roosevelt: 'In politics, nothing happens by accident. If it happens, you can bet it was...' - A timeless reminder that power often operates behind the scenesFranklin D. Roosevelt, a transformative US President, led the nation through the Great Depression with his New Deal programs and guided it ...
India bond demand wanes as US-Iran tensions lift oilIndian government bonds saw reduced demand on Thursday. Renewed U.S.-Iran strikes pushed oil prices higher. This development raises concern...
CD rates may fall up to 100 bps as banks tap overseas deposits, loansInterest rates on short-term financial instruments like Certificates of Deposit are poised to decrease across India. This anticipated drop,...
Some lenders hike rates on FX deposits for non-resident IndiansIndian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...
Vedanta readies $5.2 billion refinancing after rating upgradesAnil Agarwal's UK-based Vedanta Resources is preparing to refinance $5.2 billion of dollar-denominated bonds and loans as it seeks to lower...
India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...