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2 mins read

Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

The Indian Rupee hit a new all-time low against the US dollar, reaching 84.40 due to foreign fund o…

PTI   


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2 mins read

RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details

The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…

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3 mins read

All eyes on China: Rush of foreign investors can do little to stave off a slowdown, says World Bank

​​China's last public holiday of the year, the Golden Week, which ended on October 7 and commemorat…

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6 mins read

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…

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7 mins read

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…

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1 min read

Bank stocks soar after Donald Trump's election victory

Shares of the biggest US lenders soared Wednesday after the election, as markets eye looser regulat…

Jennifer Sor   


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5 mins read

Ahead of Dhanteras 2024, how has gold glittered so far this year?

At 24%, the yellow metal's annual return in 2024 has been nothing less than glittering. Compare thi…

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3 mins read

This new Goldman Sachs partner is leading the bank's strategy with young heirs and founders

New Goldman Sachs partner Brittany Boals Moeller leads the bank's strategy with millennial, Gen Z, …

Hayley Cuccinello   


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2 mins read

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…

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2 mins read

Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions

Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …

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2 mins read

India likely to grow at 7.2% in FY25, says RBI deputy governor

India's rising working-age population and digital advancements are pivotal in this growth.

PTI   


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2 mins read

Nearly all Chinese banks are refusing to process payments from Russia, report says

Almost all Chinese banks — even small regional ones — are now refusing to accept direct transaction…

Huileng Tan   


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1 min read

The Polymarket 'whale' banked $48 million in profits on Trump's election win

The massive gains represent a big swing in profits for the Polymarket bettor, who was sitting on an…

Matthew Fox   


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2 mins read

Rupee falls 3 paise to close at all-time low of 83.66 against US dollar

On Thursday, the rupee depreciated 5 paise and settled at a new low of 83.63 against the US dollar.

PTI   


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Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more

Nvidia has become the world's largest company amidst an AI boom, surpassing Apple. Meanwhile, the U…