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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
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
Sensex, Nifty tumble nearly 1.5% as bank stocks slump on weak Japanese markets
Equity benchmark indices tumbled nearly 1.5% on Monday due to heavy selling in frontline stocks Rel…
'Americans just work harder' than Europeans, said the CEO of Norway's $1.6 trillion oil fund
Nicolai Tangen said European companies aren't innovating as quickly as American ones, as he spoke o…
Matthew Loh
Sensex hits 85,000 level but closes flat as FMCG, banking shares drag
Sensex scaled the 85,000 level and Nifty breached the 26,000 mark for the first time before paring …
Sensex @ 84k: With 1,359 pts gain, benchmark index settles above historic mark
Sensex hits a record high of 84,544.31, driven by gains in bank stocks and positive global trends, …
European Central Bank chief says her son 'ignored me royally' and lost nearly everything he invested in crypto
"He ignored me royally, which is his privilege," Christine Lagarde said Friday. "And he lost almost…
Filip De Mott
Sensex, Nifty hit fresh record high levels
Rising for the fourth straight session, the 30-share BSE Sensex climbed 308.37 points or 0.40 per c…
PTI
Sensex, Nifty bounce back on fag-end buying; settle with gains
Benchmark equity indices Sensex and Nifty staged a dramatic rebound on Monday to settle higher foll…
PTI
Markets rebound sharply on buying in bank stocks firm global trends
Benchmark BSE Sensex rebounded sharply by 941 points while NSE Nifty closed above the 22,600 lev…
PTI
Europe's central bank cuts interest rates for first time in 5 years
The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…
Theron Mohamed
Will the historic India-EFTA trade pact make Swiss and other European products cheaper for Indians?
Swiss chocolates, Swiss watches and Mediterranean fruits have long captivated Indian consumers. The…
India's forex reserves are at a comfortable position says Piyush Goyal
India's commerce and industry Minister Piyush Goyal has stated that the country is in a position to…
PTI
The West can't completely isolate Russian banks because it would be disastrous beyond Russia
The West could still block the access of all Russian banks to SWIFT — but it would come with major …
Huileng Tan
Some European banks are still making money in Russia. The EU is losing patience and pressuring them to exit the market ASAP.
The ECB official's comments followed headlines that some Western companies with businesses in Russi…
Huileng Tan
Russia is trying to help its stranded retail traders claw back frozen investments
Sanctioned Russian brokerages held around $16.5 billion in Western securities, that could be bought…
Filip De Mott
Credit Suisse shares tumble more than 20%, leading a plunge in European bank stocks
US-listed shares of Credit Suisse slid 21.9% to $1.96 in pre-market trading, hitting a record low o…
Zahra Tayeb
Richard Handler, CEO of investment bank Jefferies, reminds incoming interns that working hard is no guarantee of a job
Handler offered 15 tips for investment banking interns on Twitter. Along them was a reminder that t…
Kaja Whitehouse
China's biggest banks are finally getting scared by the West's sanctions against Russia
Chinese banks are tightening compliance checks with Russian businesses as they fear getting caught …
Huileng Tan
Stock markets in free-fall: Sensex tanks 1,628 pts on sharp losses in banking, oil shares
Key stock indices suffered their worst single-day losses in percentage terms since June 13, 2…