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2 mins read

It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes

China has been pushing for businesses to leave the door open for customers to use cash, with foreig…

Matthew Loh   


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Paytm shares jump 5%, hit upper circuit limit

Shares of One97 Communications Ltd, which owns and operates Paytm, on Friday, jumped 5 per cent af…

PTI   


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Goa partners with World Bank to tackle sea level rise, coastal erosion and other climate change-related hazards

Studies have shown that about 80% of the Goan population lives in low-lying coastal areas, making i…

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5 ways to lower your portfolio's tax bill as government debt bites, BofA says

The end-game to America's $34 trillion pile of debt is either higher taxes or higher inflation. Her…

Matthew Fox   


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7 mins read

The Jewish settlers 'living the American dream' in the West Bank

US-born settlers are "overrepresented" in the occupied West Bank, which has seen a surge of violenc…

Rebecca Rommen   


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1 min read

K Satyanarayana Raju appointed as new MD & CEO of Canara Bank

State-owned Canara Bank on Tuesday said the Union Government has appointed K Satyanarayana Raju as …

PTI   


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Russia is not winning the war because Moscow has mismanaged its own economy, professors say

Moscow is dealing with a self-inflicted economic wound, and it's problems are all a result of misma…

Jennifer Sor   


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PNB clocks 3-fold jump in net profit at ₹2,223 crore for Q3

Punjab National Bank (PNB) on Thursday announced an over three-fold jump in its profit to Rs 2,223 …

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1 min read

The US government's been selling SVB and First Republic's wine collections. Past bank failures have put far weirder assets in federal hands.

The FDIC has reportedly seized 25,000 pounds of frozen rabbit, a stake in the Dallas Cowboys, and e…

Theron Mohamed   


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5 mins read

Insider Today: Big banks are screwed

Citigroup's massive reorg highlights the threat big banks are under. Google is cutting more jobs, a…

Dan DeFrancesco   


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2 mins read

First Republic Bank shares tank 43% after report says the struggling lender is likely to be taken over by the government

The California bank, which saw deposits drop by $100 billion in the first quarter, is likely to be …

Carla Mozée   


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Banks, RBI keeping close watch to tackle cyber fraud: Sitharaman

Union Finance Minister Nirmala Sitharaman on Thursday said that while government institutions, bank…

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Here are 10 reasons why investors should own stocks right now despite fears of an imminent recession, according to Bank of America

Fed moves and trillions of dollars sitting on the sidelines are among the reasons the bank says inv…

Jennifer Sor   


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Union Bank to sell 8 troubled accounts worth Rs 3,000 cr to bad bank NARCL

Union Bank of India on Friday said it has identified eight troubled accounts worth Rs 3,000 crore t…

PTI   


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Govt to launch scheme to help middle class buy or build own house; 2 cr more rural houses

Wooing the middle class ahead of the general elections, Finance Minister Nirmala Sitharaman on Thur…

PTI   


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Mexican cartels are accessing a database used by the government to monitor their victims in real time: report

Criminals in Mexico are sharing government intelligence and security software through WhatsApp, sou…

Lindsay Dodgson   


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4 mins read

Pak, IMF commence negotiations for release of $710 million second tranche of $3 billion loan

Porter "appreciated the government's commitment" to meeting the first-quarter targets, the Mini…

PTI   


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NBCC sells office space in South Delhi for Rs 1,558 cr; HDFC Bank buys one office tower for Rs 1,131 cr

State-owned construction firm NBCC on Friday said it has sold nearly 4 lakh square feet of office s…

PTI   


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9 mins read

What is a bond? How to earn a steady stream of income by loaning money to a business or government

Bonds represent the ownership of debt and allow individuals to diversify their portfolios while mit…

Amena Saad   


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1 min read

German central bank believes retirement age must be linked to life expectancy

"With the longer working phase, employment is also rising in addition to individual pensions."…