SBI eyes global top-10 spot by 2030; aims to boost capital strength
State Bank of India aims to be among the world’s top 10 most valued banks by 2030. This follows the bank crossing the Rs 100 ...
PM Carney cites ‘progress’ with India, Asia-Pacific; seeks to cut US dependence
Canadian Prime Minister Mark Carney highlighted progress in building Asia-Pacific partnerships, including with India, as a strategy to reduce reliance on the United States amid ...
Gold price rally impact: US Treasury’s gold reserves cross $1 trillion in value; over 90 times fixed value of $11 billion
The US Treasury’s gold reserves now exceed $1 trillion at market prices, vastly surpassing their official $11 billion valuation. Record gold prices, driven by market ...
Russia is doing bad things & must be stopped. Trade will feel the pressure from that: JP Morgan CEO Jamie Dimon
Navigating the New World Order: Jamie Dimon on Russia, Trade, and the Shifting Sands of Global Finance The global economic landscape feels less like solid ...
New IMF executive director: Urjit Patel appointed for three-year term; succeeds Dr Krishnamurthy Subramanian
Dr. Urjit Patel, former RBI governor, has been appointed as Executive Director at the International Monetary Fund for a three-year term, following central government approval. ...
China stablecoin shift: Beijing mulls yuan-backed tokens to push global adoption; plans major policy reversal
China might permit yuan-backed stablecoins. This move aims to enhance the yuan’s global presence. The State Council will review a plan to compete with US ...
Asian markets stabilise as US bond yields retreat after tax-cutting budget clears key hurdle
Asian markets rebounded following a volatile period, buoyed by receding US bond yields and optimism surrounding economic stability. Investors are closely monitoring the potential impact ...
