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Ukraine aims to align banks, insurers with EU rules by 2028, central banker saysUkraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...
US Stock Market: Warsh faces key test as new Fed chair amid inflation concernsFederal Reserve Chair Kevin Warsh faces his first major policy test as inflation remains elevated and markets await clues on future interes...
Global Markets: Chinese government bonds gain global appeal as investors seek diversification amid market volatilityChinese government bonds are attracting growing interest from global investors as rising geopolitical tensions, particularly the Iran confl...
Bank of Japan raises interest rates to 31-year highThe Bank of Japan has increased its policy rate to 1.0 percent. This marks a 31-year high for interest rates. The move signals a strong foc...
Oil retreat hands RBI an assist in boosting rupee's near-term outlookA U.S.-Iran peace deal has led to a slump in oil prices, bolstering the Indian rupee. This, combined with the Reserve Bank of India's measu...
Global Market Today: Asian shares surge, oil skids on Gulf dealMarkets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes....
Emerging market bets split as global rate paths divergeInvestors are changing their strategies in emerging markets. Central banks in Indonesia, Hungary, and Poland are making different moves on ...
Fed and BoE stay guarded after 100 days of Iran warGlobal central banks are poised to maintain current interest rates this week. The Iran war's impact on inflation and growth remains a key c...
Retail inflation edges up to 3.9% in MayEconomists expect price pressures to intensify further in June, driven by the continued pass-through of earlier increases in transport and ...
India's retail inflation quickens to 3.93% in May amid high food & fuel pricesIndia's retail inflation rose to 3.93% in May. Food and fuel prices increased, impacting consumer costs. This marks the highest inflation r...
Japan's Nikkei ends nearly 3% higher on renewed hopes for Middle East peaceJapanese stocks surged on Friday, with the Nikkei index climbing close to 3 percent. Investors reacted positively to news of a potential pe...
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...
Global Market | European shares edge higher ahead of ECB rate verdict; Mideast tensions eyedEuropean stocks saw a slight rise today. Investors remain cautious due to rising Middle East tensions. Crude oil prices are high, impacting...
Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...
Dollar shaky as investors weigh rate outlook, Middle East worriesU.S. dollar weakened amid new Middle East strikes and rising consumer inflation, causing investor unease about the Federal Reserve's policy...
Is RBI replacing paper currency with plastic notes from June 30, 2026? Check detailsViral social media claims about the Reserve Bank of India replacing paper currency with plastic notes by June 30, 2026, are false. The Pres...
RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...