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India could lose a quarter of its economy by 2070 – here’s why
India faces significant risks from climate change, including sea-level rise, extreme heat, and seve…
Maldives President Muizzu met with PM Modi in Delhi today. Here’s how it went!
New initiatives like RuPay card payments and a currency swap agreement have been introduced, with b…
Billionaire Ray Dalio says people should budget for the basics — and the US faces 3 huge threats
Elite investor Ray Dalio said people should budget for the basics and flagged government debt, infi…
Theron Mohamed
After AAP, ED attaches land, bank deposits of CPI(M); says party holding proceeds of money laundering
Official sources said the party may be named as an accused in the next supplementary chargesheet to…
PTI
China faces a reckoning as disillusioned Gen Z and millennial workers refuse to save for retirement: report
The New York Times reported that some young people in China have stopped contributing to pensions o…
Mikhaila Friel
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
RBI cancels license of Pune-based Rupee Cooperative Bank, says 99% depositors will receive full refund
Interestingly, in its order, RBI outlined that the continuance of Rupee Cooperative Bank wou…
Kerala Coop bank fraud: High Court allows only emergency payments
The Kerala High Court on Tuesday directed the scam-tainted coop bank to stop all payments barring t…
China is merging hundreds of small banks to fend off financial stress
2,100 banks could be affected as China looks to curb the bad loan environment of its rural communit…
Filip De Mott
The Chinese billionaire CEO whose disappearance rocked his bank's stock is 'cooperating' with a government probe, his firm says
Rock star dealmaker Bao Fan is "cooperating in an investigation", according to his firm China Renai…
Zinya Salfiti
RBI bars People's Co-operative Bank from granting fresh loans and accepting deposits for six months
"As from the close of business on June 10, 2020, the bank shall not, without prior approval of …
PTI
Not comfortable with NPAs in urban co-op banks says RBI, asks lenders to focus on governance
RBI Governor Shaktikanta Das on Monday said the central bank is "not comfortable" with the gross no…
PTI
Rate cuts are likely coming next year, but investors shouldn't bank on them saving the market
Interest rate cuts seem likely to come in the first half of next year, but that might not be a huge…
Dan DeFrancesco
Rate cuts are likely coming next year, but investors shouldn't bank on them saving the market
Interest rate cuts seem likely to come in the first half of next year, but that might not be a huge…
Dan DeFrancesco
All cooperative banks to come under RBI supervision
The decision assumes significance in the wake of a scam in the Punjab and Maharashtra Cooperative (…
PTI
Indian migrants to send home a record $100 billion in 2022 says World Bank
In its latest Migration and Development Brief, World Bank said remittance flows to India will rise …
ANI
RBI says bank scam victim compensation increased to Rs 5 lakh after Budget announcement
Soon after the Budget announcement, insurance cover on bank deposits has been increased from Rs 1 l…
Scam-hit PMC bank depositors are inspired by Shaheen Bhag protests
Scam-hit PMC Bank's depositors from Delhi staged a protest outside the Reserve bank of India here o…
PTI
Existing startup founders will struggle even to get existing capital: Sopnendu Mohanty of Singapore Monetary Authority
Silicon Valley Bank's abrupt collapse - which unfolded in a matter of hours earlier last week - has…
PTI
President promulgates ordinance to bring co-operative banks under RBI supervision
"The Ordinance also amends Section 45 of the Banking Regulation Act, to enable making of a scheme …