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The Indian Culture: A Timeless Journey of Tradition and Innovation-thumnail

The Indian Culture: A Timeless Journey of Tradition and Innovation

The culture of a nation plays a pivotal part in its development and progress. It portrays a glimpse of shared attitudes, goals, and perspectives toward society. Looking into the economic,

Economy

Jul 29, 2023

India asks the EU to lower the frequency of inspection samples and permit prawn imports-thumnail

India asks the EU to lower the frequency of inspection samples and permit prawn imports

India produces more farmed prawns than any other country in the world, and it contributes roughly 6% of all seafood produced worldwide. In 2019, India exported 652,253 MT of prawns,

Economy

Jul 28, 2023

Global Shares Pause as Investors Assess Central Banks’ Monetary Policy-thumnail

Global Shares Pause as Investors Assess Central Banks’ Monetary Policy

On Friday, global shares experienced a momentary pause as investors carefully considered recent monetary policy actions taken by the Bank of Japan and inflation data from both sides of the Atlantic.

Finance

Jul 28, 2023

Preferred capital issuance by US banks makes a tentative comeback-thumnail

Preferred capital issuance by US banks makes a tentative comeback

Just as interest rates on an estimated $120 billion in such instruments are ready to reset to much higher levels, investor interest in a type of debt issued largely by banks to increase their capital is beginning to show early signs of recovery.

Finance

Jul 28, 2023

US fed lifts rate to a 16-year high at 5.25-5.5% range-thumnail

US fed lifts rate to a 16-year high at 5.25-5.5% range

The Federal Reserve raised its benchmark interest rate by a quarter-point, marking the highest rate in 16 years, due to elevated inflation. The policy statement suggests the possibility of further

Finance

Jul 27, 2023

M&M planning to acquire upto 9.9% stake in RBL bank after its 3.53% stake purchase-thumnail

M&M planning to acquire upto 9.9% stake in RBL bank after its 3.53% stake purchase

M&M, the conglomerate, with expertise in technology and tractors has recently invested Rs 417 crore ($50 million) to acquire a 3.53% stake in RBL Bank. This move indicates their interest

Finance

Jul 27, 2023

Rising Employee Turnover in India’s Private Lenders Amid Strong Loan Demand-thumnail

Rising Employee Turnover in India’s Private Lenders Amid Strong Loan Demand

The banking industry in India is grappling with a growing trend of attrition, particularly affecting the sales division. During an earnings call, Yes Bank’s CEO, Prashant Kumar, acknowledged the industry-wide issue and emphasized the bank’s efforts to control attrition, setting a target of limiting overall employee turnover to 25-30%.

Business

Jul 27, 2023

US regulators to unveil plan to build cash reserves for banks-thumnail

US regulators to unveil plan to build cash reserves for banks

Regulators in the United States are preparing to draft a rule that will likely dramatically increase the capital requirements for larger banks, requiring them to reduce expenses and hold onto profits in an effort to protect against future losses that would affect clients and investors.

Finance

Jul 27, 2023

Insider trading charges are filed against British billionaire Joe Lewis by US-thumnail

Insider trading charges are filed against British billionaire Joe Lewis by US

The 86-year-old owner of the football team Tottenham Hotspur is accused of disclosing private information to his staff members and love interests, enabling them to negotiate deals worth millions of

Business

Jul 26, 2023

A rise in US yields may cause the Indian rupee to struggle before the Fed’s decision-thumnail

A rise in US yields may cause the Indian rupee to struggle before the Fed’s decision

On Wednesday, the Indian rupee may depreciate a little as a result of the rise in U.S. yields due to the potential for a hawkish Federal Reserve decision.

Economy

Jul 26, 2023

Asian Markets Trade Weaker Ahead of Expected Fed Rate Hike and China’s Stimulus Details-thumnail

Asian Markets Trade Weaker Ahead of Expected Fed Rate Hike and China’s Stimulus Details

Asian markets experienced a mostly weaker trading session on Wednesday as investors awaited the U.S. Federal Reserve’s decision on interest rates later in the day and sought clarity on China’s economic stimulus package.

Business

Jul 26, 2023

Australian Inflation Slows, Easing Pressure for Interest Rate Hike-thumnail

Australian Inflation Slows, Easing Pressure for Interest Rate Hike

The Australian economy witnessed a slowdown in Australian inflation during the second quarter, largely attributed to decreased costs of domestic holidays and petrol.

Economy

Jul 26, 2023


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