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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   


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3 mins read

India and China to drive new wealth creation globally, Asia to contribute 30% of new wealth, says BCG report

India is well positioned to be a driver of greater wealth, according to a global wealth report by B…

ANI   


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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   


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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…

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4 trends to watch this bank earnings season

JPMorgan kicks off bank earnings on Friday. All eyes will be on what lower interest rates may mean …

Kaja Whitehouse   


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Indoor air pollution poses greater health risk than outdoor: Experts

Studies done in Delhi have shown that women's average exposure to high levels of black carbon (wome…

PTI   


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The Fed is likely to disappoint markets with just one more rate cut this year amid global inflation, BlackRock CEO says

BlackRock CEO Larry Fink said the Fed will cut rates just once more this year amid sticky inflation…

Kelly Cloonan   


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11 mins read

Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order

Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…

Hayley Cuccinello   


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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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India handled inflation much better than US, Germany and France: SBI Report

India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…

ANI   


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Why the global fight against inflation is nowhere near over

Inflation may be near its target rate again, but investors should brace for price volatility in the…

Filip De Mott   


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SBI Caps report highlights optimistic outlook for the Indian economy, despite deteriorating global pitch

State Bank of India (SBICAPS) report titled "Maintaining Momentum on a Deteriorating Global Pitch" …

ANI   


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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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Investors shorting oil are walking into a 'bear trap' with energy demand set to surge, Bank of America says

Investors have turned bearish on oil amid fears of oversupply, but if GDP grows in line with estima…

Kelly Cloonan   


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Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues

Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back …

PTI   


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Finance minister asks for greater push and investment in the manufacturing sector at the CII Annual Summit

Finance Minister Nirmala Sitharaman asked for a greater push to manufacturing sector. Speaking at t…

ANI   


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4 mins read

S&P ups India's outlook to positive, raises hope for rating upgrade in 2 years

In a statement on Wednesday, the US-based agency said India's rating can be upgraded in the nex…

PTI   


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3 mins read

More jobs added in manufacturing sector as July PMI shows healthy growth

India’s manufacturing sector bucked the global trend by reporting strong growth in July, as demand …

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3 mins read

Greater risk of rupee weakness; RBI could press hard on brakes: Moody's

The risk of weakness in currencies in the emerging economies in Asia is worrisome, and more so the …

ANI   


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About 93% of global central banks are exploring digital currencies - and that could boost de-dollarization, a report by IMF staff says

Central bank digital currencies "could help de-dollarization or counter "cryptoization"," IMF staff…

Joseph Wilkins