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Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
Govt may look at enhanced KYC requirements for certain class of corporates
The government might look at enhancing the scrutiny of certain class of corporates, including in te…
PTI
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 e…
PTI
DMK vows to repeal CAA if INDIA bloc is voted to power
Tamil Nadu's ruling DMK, a key constituent of the INDIA bloc, in its manifesto released on Wednesda…
PTI
Artificial Intelligence Act: All you need to know about the European Council’s first worldwide rules on AI
As AI continues to evolve, balancing its transformative potential with robust risk management frame…
IFRS ushers in a new age of standardised financial disclosures via ISSB ESG reports. Here's all you need to know
As per the new notification, the new ISSB reports are divided into two sections: the IFRS S1, deali…
Ex-Stability AI leader says being a CEO sucks: 'Elon was right'
Being CEO is "like looking into the abyss and chewing glass," former Stability AI leader Emad Mosta…
Ana Altchek
India to surpass Japan, become world's fourth largest economy worth USD 4 trillion, in FY25: EAC-PM member
India will be a USD 4 trillion economy in 2024-25 and surpass Japan by early next fiscal to become …
PTI
Gen Xers who began their financial independence journeys in their 40s and 50s explain how they're on pace to meet their early retirement goals
BI spoke to late starters who started to save and invest in their 40s and 50s and set themselves up…
Noah Sheidlower
Indian economy making solid recovery despite global headwind: RBI Governor Das
Reserve Bank Governor Shaktikanta Das has stated that the Indian economy has made a strong recovery…
PTI
Tech firms TCS, Accenture, Cognizant lead LinkedIn's top large companies list
Tata Consultancy Services has topped the LinkedIn's latest list of top companies to work for in Ind…
PTI
I quit my career to live off my savings but lost everything in a financial crisis. I'm struggling to get back on my feet.
The author quit his career in accounting and put all his savings in a bank in Lebanon. But a financ…
J.D. Harlock
Crypto issue requires immediate attention, says FM Sitharaman
Issues related to crypto have emerged as a major point of discussion among G20 countries and th…
PTI
Stable, strong financial system to act as bedrock for economic progress: RBI Governor
Reserve Bank Governor Shaktikanta Das on Monday said the endeavour of the central bank would be to …
PTI
These 6 US cities are the greatest 'engines of the global economy,' beating financial hubs like London and Singapore, a study of 1,000 cities worldwide finds
Oxford Economics' Global Cities Index ranked six US cities, including Dallas, at the top of its eco…
Polly Thompson
Global financial stability at risk from banking turmoil: IMF chief
International Monetary Fund (IMF) chief Kristalina Georgieva has warned that the global economy fac…
Govt expedites Byju's financial inspection, firm says complied with MCA directions
As the government expedites the inspection of financial books of embattled edtech major Byju's, the…
India's current account deficit widens to 4.4% of GDP in Q2 due to high trade deficit: RBI data
Widening trade gap pushed up the country's current account deficit to USD 36.4 billion or 4.4 per c…
PTI
The IMF's boss has called for vigilance as risks to financial stability rise after bank turmoil
IMF chief Kristalina Georgieva has warned of another tough year ahead for the world economy, amid i…
Zinya Salfiti
Asian Development Bank upgrades 2023 growth outlook for developing Asia amid robust domestic demand
The Asian Development Bank (ADB) has revised its economic projections for developing economies in A…