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US FINANCIAL SYSTEM
On This Day in History, July 1: Terminator 2 premiers, Dominion of Canada is formed, Bretton Woods Conference opens, Hong Kong returns to China, Sony Walkman debuts, Princess Diana is born and other key eventsOn This Day in History, July 1 marks a date shaped by major military campaigns, nation-building, scientific breakthroughs and cultural mile...- Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
- Panasonic to localise its US data centre battery production, CEO saysAutomakers and battery companies, which now face a weak market for electric vehicles in the US, are scrambling to repurpose battery factor...
- US-Iran thaw to provide tailwinds for growth: RBIIndia's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy sho...
- Majority of Dell servers now made in India amid surge in local AI demandDell Technologies is significantly boosting its local manufacturing in India, with most servers now produced domestically to meet growing d...
- India may push counter-terrorist financing watchdog to add Pakistan to 'Grey List'India is reportedly planning to push for Pakistan's return to the FATF 'Grey List' at the upcoming October meeting. New Delhi may present e...
- Venture capitalist Chamath Palihapitiya's 8090 raises $135 million led by Salesforce VenturesAnnounced by Palihapitiya on Monday, the round also drew participation from WNDR, Craft Ventures, The Production Board, and LAUNCH, along w...
- HDFC Bank appoints former financial services secretary Rajiv Kumar as new Non-Executive ChairmanHDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The ba...
- FBI reportedly turned to AI after the White House Correspondents' Dinner attack, here's how it worksAI-powered forensic software played a role in the FBI's investigation into the 2026 White House Correspondents' Dinner attempted assassinat...
- Ford brings back old hands to fix AI-led quality issuesFord Motor Co. is re-emphasizing human expertise to combat persistent quality issues, bringing in hundreds of veteran engineers to train it...
- Persistent Systems shares slide 10% after Nagarro deal; Elara retains 'Sell' on growth, margin worriesPersistent Systems' shares dropped significantly following its announcement to acquire German digital engineering firm Nagarro for approxim...
- India’s AI dream is getting lost in translationIndia's ambition to become an AI superpower hinges on bridging its vast linguistic divide. Prime Minister Modi champions AI for inclusion, ...
- 'Humans behave better when watched': Xprice founder, tech leaders make the case for surveillanceTech leaders like Peter Diamandis and Larry Ellison are championing a future of 'radical transparency' enabled by a vast network of sensors...
- IMF economist says dollar remains at heart of global financial systemDespite global trade shifts due to U.S. tariffs, the dollar remains the bedrock of international finance, according to the IMF's chief econ...
- 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...
- Bitcoin, Solana or XRP? The best performing crypto asset of 2026 so farCrypto prices may have corrected sharply in 2026, but underlying trends suggest growing maturity. Institutional participation, stronger blo...
- Global Market: South Korea to extend won trading to 24 hours in bid to boost global appealSouth Korea will launch 24-hour trading in the won from July 6 to boost global investor access and improve market appeal. The reform is exp...
- India's asset wealth management AUM projected to reach US$ 1.7 trillion by 2030: PwC reportIndia’s asset and wealth management industry is projected to reach US$1.7 trillion in AUM by 2030, driven by rising retail participation, g...
- US proposes 75% hike in citizenship application fee, ends fee waivers for naturalisation seekersUS Homeland Security is proposing a significant hike in naturalisation application fees, with Form N-400 potentially rising by 75% to $1,33...
- America’s 'midlife crisis' may not be what we think: A study reveals deeper issues and links middle-aged struggles to these factorsMiddle age in the US is increasingly marked by loneliness, stress, and declining well-being, unlike in many European nations where midlife ...
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