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World Bank warns of 800 million-job gap in next 10 years: How could global employment crisis affect Americans?According to the World Bank, an alarming job crisis looms, with projections of an 800-million-job void worldwide. Ajay Banga, the bank's Pr...
Bank reduced interest on Rs 5.89 crore FD from 7.75% to 3.5% citing non-renewal; Delhi HC rejects arbitrary rate cut on this groundBank reduced FD rate from 7.75% to 3.5% citing non-renewal of court order FD upon maturity; Delhi HC rules banks cannot reduce such FD inte...
RBI measures may boost local bond demand amid rupee pressureIndian companies may re-enter the bond market given recent central bank measures aimed at stabilizing the rupee. High overseas yields and i...
BNP Paribas leases 5 lakh sq ft office in Mindspace REIT’s Chennai complexBNP Paribas has signed a long-term lease for around half a million square feet in Chennai. The deal spans four floors within the One Radial...
IndiGo launches direct Guwahati-Itanagar flight, daily service from October 25IndiGo has introduced a new direct flight service connecting Guwahati in Assam to Donyi Polo Airport near Itanagar. This service aims to en...
PNB Housing sees 5-8 bps NIM gain from RBI rate hike, says CEO Ajai ShuklaPNB Housing Finance anticipates a minor enhancement in net interest margin due to the Reserve Bank's recent rate hike. The lender's margin ...
Everyone looks at 2-wheelers and FMCG. Another set that feels the monsoon’s test: 6 stocks with upside potential of up to 33%The monsoon is one influence on rural financial health. It is not a complete predictor of what a lender will earn. Whether good rain become...
FD rate up to 8.25% for senior citizens investing for five years; know the list of banksCurrently, multiple banks are offering attractive fixed deposit interest rates that go up to 8.25% specifically for senior citizens. Suryod...
Poonawalla Fincorp Q2 profit soars five-fold YoY to Rs 375 crorePoonawalla Fincorp reported a remarkable net profit of ₹375 crore for the second quarter, marking impressive year-on-year growth. The compa...
Poonawalla Fincorp Q2 profit surges fivefold as income risesPoonawalla Fincorp reported a substantial increase in net profit for the second quarter, rising over fivefold. The company's net interest i...
NRI investing in India? Wrong KYC documents can delay your investment; know what you needNavigating the KYC process for NRIs investing in India can be complex, requiring specific documents and verification steps. From ensuring d...
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...
Landmark Group raises Rs 330 crore SBI finance for Gurugram projectLandmark Group has raised Rs 330 crore in construction finance from the State Bank of India. This funding is aimed at developing Landmark O...
Landmark Group raises Rs 330 crore SBI finance for Gurugram projectLandmark Group has raised Rs 330 crore in construction finance from the State Bank of India. This funding is aimed at developing Landmark O...
South Korean megachurches probe suspected AI-linked cyberattacksTwo South Korean megachurches are investigating suspected cyberattacks that may have exposed the personal data of hundreds of thousands of ...
Private credit loses edge as new funding options open up for companiesIn the evolving world of private credit, the availability of high-yielding deals is dwindling, thanks to intensified competition and new re...
South Korea's Lee says AI appears to have been used in bank hacksSouth Korean President Lee Jae Myung said on Tuesday that AI models are believed to have been used in some recent hacking incidents against...