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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…

Business Insider Latest Story Image
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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3 mins read

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   


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2 mins read

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   


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4 mins read

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   


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3 mins read

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   


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2 mins read

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   


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2 mins read

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   


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6 mins read

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   


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3 mins read

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   


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3 mins read

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   


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4 mins read

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…

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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…

Business Insider Latest Story Image
11 mins read

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   


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2 mins read

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   


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1 min read

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   


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1 min read

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   


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2 mins read

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   


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1 min read

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   


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3 mins read

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…

PTI