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Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…
ANI
Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high
The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…
ANI
How gold became one of the world's hottest investments
Central banks purchased a record 483 tons of gold in the first half of the year, according to the W…
Matthew Fox
Meet the billionaires battling it out in the 2024 World Series
The Dodgers and Yankees are two of the most valuable franchises in the MLB — and prove that sports …
Madeline Berg
China's latest stimulus boosts emerging-market stocks to the highest level in 2 years
Emerging markets' stocks climbed to their highest since April 2022 on Tuesday after China introduce…
Kelly Cloonan
5 reasons why inflation will be stickier than expected going forward, Deutsche Bank says
The firm says geopolitical turmoil has pushed commodity prices higher, and global interest-rate cut…
Filip De Mott
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
The world's most accurate economist predicts the election outcome and its potential shock impact on the 10-year Treasury
The 10-year yield can move in three ways based on election and Congress outcomes.
Laila Maidan
India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report
Several enabling forces have come together to energise this revolution. Although internet penetrati…
PTI
World Tourism Day: Here's where India is travelling to, and how you too, can join the bandwagon
Don't let your travel fund sit idle in a savings account. You can invest it in various short-term i…
Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das
EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…
Big banks promised to protect the planet. Now they're doing an about-face.
Big banks and asset managers are a powerful force in fighting the climate crisis, but many of them …
Catherine Boudreau
More than half of banking jobs could be automated by AI — but banks will be slow to adopt, Citi report says
A new Citi report says finance will be "at the forefront" of changes due to artificial intelligence.
Emmalyse Brownstein
Companies around the world are flashing a distress signal not seen since 2009
The number of distressed exchanges, a form of debt restructuring that takes place outside of bankru…
Jennifer Sor
CHART OF THE DAY: There will be 152 rate cuts next year from central banks around the world, Bank of America says
That level of policy easing would mark the highest pace of rate cuts since the onset of the pandemi…
Matthew Fox
The US housing market has entered bizarro world
"When it comes to the housing market, the laws of supply and demand don't seem to apply any longer,…
Matthew Fox
India is building up gold reserves says RBI governor Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Friday said India has been building up gold reserves as pa…
PTI
India's exports rise in 115 nations out of 238 destinations in 2023-24: Govt data
India's exports have increased to as many as 115 countries out of the total 238 destinations during…