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Financial regulators scramble to counter AI rise with own toolsSwiss financial regulator Marlene Amstad urges banks and watchdogs to rapidly adopt new technology to counter escalating cybersecurity thre...- Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
- Yen teeters on cusp of 40-year low as BOJ hike fails to stem routThe dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S...
- Global Markets: Central banks stay vigilant despite oil price relief after US-Iran truceGlobal central banks remain cautious despite easing oil prices following the US-Iran truce. While lower energy costs ease inflation fears, ...
- Indian money in Swiss banks dips to CHF 3.25 bn; customer deposits upIndian funds in Swiss banks saw a decrease in 2025, reaching 3.25 billion Swiss francs. However, customer deposits experienced a significan...
- Prudent ARC top bidder for Aban Offshore debtPrudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks ...
- PM Modi, Trump swap notes ahead of meeting on G7 sidelinesPrime Minister Narendra Modi met with US President Donald Trump at the G7 Summit in France. They discussed bilateral cooperation and global...
- Inside KPMG's AI report scandal: False claims, bogus case studies and hallucinated success storiesKPMG has retracted a global report after major organizations like UBS and the NHS denied claims of using AI for operational transformations...
- 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...
- FIFA World Cup 2026: Qatar hail first point after late goal stuns Switzerland in 1-1 drawQatar achieved a historic moment by securing their first World Cup point. A late own goal by Switzerland forced a 1-1 draw, sending the Qat...
- JM Financial ARC top bidder for Rs 971-cr DLI debtJM Financial ARC has emerged as the preferred bidder for Distribution Logistics Infrastructure Pvt Ltd's Rs 971 crore debt, offering Rs 621...
- Oil Price Today (May 27): Crude oil hovers near $100 amid mixed cues on Iran war peace deal. What are experts saying?Brent crude prices remained volatile as U.S. strikes in southern Iran and mixed signals from President Trump over talks with Tehran kept tr...
- CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
- Keeping close watch on supply shock, impact on inflation: RBI Guv Sanjay MalhotraThe Reserve Bank of India is watching global uncertainties closely. Governor Sanjay Malhotra stated the RBI is monitoring supply shocks. Th...
- India’s top banks failing to tackle climate risk as threats growIndia's major banks are disclosing more climate data but not using it for lending decisions. Physical climate risks like floods and heat ar...
- Fuel prices likely to rise if war continues: RBI Guv"If this is to continue for longer period of time, it is just a matter of time before the government will pass on some of the price increas...
- Petrol, diesel price hike in India a matter of time if Middle East conflict persists: RBI Governor Sanjay MalhotraIndia faces potential retail fuel price hikes if the Middle East conflict persists. RBI Governor Sanjay Malhotra indicated this possibility...
- Canara Bank invites bids for Rs 509 crore loan of Rajesh ExportsCanara Bank is selling a ₹509.37 crore loan given to Rajesh Exports. The bank is looking for buyers for this distressed debt. This move com...
- Indian money in Swiss banks jumps more than three times in 2024, hits Rs 37,600 crore, data showsFunds parked by Indians in Swiss banks saw a significant rise. The Swiss National Bank data showed a notable increase in 2024. Deposits rea...
- Swiss National Bank to pilot wholesale digital currency with UBS, other banksThe pilot, using a real Swiss franc wholesale CBDC, will involve commercial banks such as UBS, Zuercher Kantonal Bank, Banque Cantonale Vau...
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