You Searched For "World Bank Report" and got 20 results
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3 mins read
A massive Microsoft outage is causing disruption across the world for airlines, banks, and retailers
A mass IT outage caused disruptions to flights, banks, and supermarkets following an update issued …
Aditi Bharade
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
6 mins read
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
2 mins read
World Bank raises GDP projection, says India to keep its fastest-growing economy tag
The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…
ANI
3 mins read
78 pc of consumers choose digital banking over cash transactions
Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…
ANI
2 mins read
Global economy to grow 2.7% in 2024 as major economies avoid severe downturn: UN report
The growth rate of the world economy is expected to remain around 2.7 per cent in 2024, and 2.8 per…
ANI
2 mins read
Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'
Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and const…
Huileng Tan
2 mins read
PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report
Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…
ANI
6 mins read
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
3 mins read
A US missile-defense system, hailed as the world's best, is headed to Israel to counter Iran
The THAAD, or Terminal High Altitude Area Defense system, could help Israel bolster its air defense…
Tom Porter
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
3 mins read
India tops global remittance charts at $125 billion in 2023: World Bank report
According to the World Bank, the report highlights India's significant position as the top remittan…
ANI
2 mins read
Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official
The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…
PTI
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…
2 mins read
Global economy braces for slowest growth in three decades, World Bank report warns
The global economy is hurtling towards its weakest half-decade performance in 30 years, according t…
ANI
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
2 mins read
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in Septembe…
Theron Mohamed
2 mins read
The US is eyeing sanctions that could cut off some Chinese banks from the rest of the world
The US is drafting sanctions on Chinese lenders that facilitate trade with Russia, which is feared …
Filip De Mott
1 min read
RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major ec…
PTI
2 mins read
UPI transactions cross Rs 20 trillion for third successive month, in July 2024
Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…