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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…
Indian markets under pressure as global rate cuts stir uncertainty, new report says
Indian markets experienced volatility as global economic shifts and political developments impacted…
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…
India may take 75 years to reach one-quarter of US income per capita, says World Bank report
Drawing on lessons of the past 50 years, the report finds that as countries grow wealthier, they us…
PTI
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…
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…
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
Wall Street warms to nuclear power as banks including Goldman Sachs reportedly back new push
More than a dozen big banks are set to support an effort aimed at tripling global nuclear energy pr…
Tom Carter
India accounts for nearly half of the global digital payments, highlights RBI report
India holds 48.5% share in the global real-time payments volume, according to the Reserve Bank of I…
ANI
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…
Urgent need to address $4 trillion financing gap to accelerate progress on SDGs, notes FM
Observing that the global South is affected by global uncertainties, she said one in four developin…
PTI
China's growth will fizzle next year despite stimulus efforts, and its issues will drag down neighboring economies, World Bank says
Even with stimulus measures, China's growth will slow next year, weighing on its neighbors' growth …
Kelly Cloonan
Nifty, Sensex gain amid ongoing US election, experts noted volatility to continue
Indian stock markets opened with gains on Wednesday amid the ongoing US election voting, with volat…
ANI
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
Hindenburg shared the Adani report with its client Mark Kingdon two months before publishing it: Sebi
Hindenburg Research shared Adani report with Mark Kingdon two months earlier, according to the SEBI…
PTI
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…
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
Indian consumers shifting towards low-sugar beverages, high GST rates stalling growth in carbonated soft drinks market
India's carbonated soft drinks segment faces challenges due to a 40% tax rate under GST, hindering …
With strong growth momentum in India, Asian earnings growth to outpace US and Europe this year: Report
Reserve Bank of India's (RBI) latest monetary policy report predicts a robust growth rate of 7.2 pe…
ANI
Microsoft outage – London Stock Exchange, banks and airlines across the world affected
In what is emerging as one of the biggest tech outages, Microsoft’s services across the world have …