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Bitcoin is boring. Bring on AI, space and JGB tokensForget Bitcoin's struggles; digital tokens representing real-world assets like bonds and stocks are gaining traction. These 'tokenized asse...
Computer science is losing its exemption: Everyone can code nowA popular pyramid model for computer science professions is flawed. For decades, skill alone determined success in tech. Now, Artificial In...
Bond won't help this time: Why RBI should hike interest rate, instead of unleashing forex mobilisation schemes as in the pastReserve Bank of India's past emergency tools for raising foreign currency are no longer effective. Global interest rates have changed the f...
UAE private companies must pay salaries on 1st of every month from June 1, 2026 or face legal actionUAE private companies must now pay employee salaries on the first of each month, effective June 1, 2026, as mandated by the Ministry of Hum...
UAE landlords can now check tenants’ credit scores before renting homes; here’s how the new system worksPrivate landlords in the UAE can now access tenant credit scores. This new system requires tenant consent through the UAE PASS digital iden...
US stock market crashes today: What’s happening with Dow Jones, S&P 500 and Nasdaq as $200 billion vanishes in minutes from US stocks - Dow plunges 565 points, all sectors sink while oil surges with WTI up 3.4% and Brent jumping 5%US stock market crashes today. Investors are asking what’s happening with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. ...
Now UAE tourists can open digital bank a/c and get debit card to make cashless payments as UAE’s central bank rolls out new initiativeTourists in the UAE can now open digital bank accounts and get debit cards within minutes of arrival. This new biometric-based initiative, ...
India's first Petroglyph Conservation Park to be set up in LadakhLt Governor Vinai Kumar Saxena lays foundation stone for India’s first petroglyph conservation park in Leh on World Heritage Day. The park ...
Over 40,000 manuscripts identified in J&K under Gyan Bharatam MissionJammu and Kashmir has identified over 40,000 manuscripts under the national Gyan Bharatam mission. A 16th-century Takri script manuscript w...
Iran threatens to hit US, Israeli economic and tech targetsIran's military vowed on Wednesday to launch strikes against US and Israeli economic interests in the region, including banks, while an Ira...
Indian companies raised over $50 billion in ECB till Feb last fiscalAccounting for February data, total ECB registrations stood at $50.1 billion in the April-February period of FY25. Asia's oldest steelmaker...
StanChart picks ex-JPMorgan executive as next India head, sources sayStandard Chartered has nominated P.D. Singh, former JPMorgan India chief, as its next CEO for India and South Asia. The bank has sought app...
Piramal Finance and Central Bank of India announce co-lending partnershipPiramal Finance and Central Bank of India have announced a strategic partnership to provide loans to middle and low-income borrowers.
Former Central Bank of India CEO Pallav Mohapatra appointed Arcil CEOMohapatra, a former State Bank of India (SBI) executive retired as Central Bank CEO at the end of February. The government has waived his m...
World’s oldest central bank hits legal roadblock in crisis fightThe Riksbank doesn’t have the legal right to buy bonds issued by companies.
Half of merging banks had ‘foreign’ originsThe oldest is Kolkata-based Allahabad Bank, which is also the oldest joint stock company in India.
BSE seeks licence to set up new power exchangeThe proposed power exchange will offer the market participants a credible power trading platform.
Hunt starts for billion kronor about to be worthless in Sweden“Everything is physical so it’s more difficult. We must collect the coins and make people search for coins in their drawers, desks and bags...
- Deloitte audit finds no major irregularities in BoR accounts
Deloitte Haskins and Sells, the special auditor appointed by the Reserve Bank to inspect the accounts of beleaguered lender Bank of Rajasth...
- IOB plans Dubai representative office
The Indian Overseas Bank (IOB) plans to open a representative office in Dubai as part of its foray into the Gulf region.