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Finance

Will dollar continue to dominate world trade or will other currencies gain?

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By Michelle Jamrisko It might take decades before King Dollar truly loses its crown, but markets have a trade to make in the meantime. Emerging-market...
Finance

SME loan defaults to rise for NBFCs in the coming quarters: Moody’s

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Defaults on loans to small and medium enterprises (SME) by finance companies in India are expected to rise in the coming quarters since...
Finance

Gold ETFs acquire patina of 4-year low investment in FY23, shows data

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Gold burnished its image as the go-to asset class during turbulent times. However, investors seemed to have missed the bus. Net inflows into...
Finance

Global public goods should be financed from add’l resource allocation: FM

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Finance Minister Nirmala Sitharaman told the G20 expert group on strengthening multilateral development banks (MDB) on Saturday that global public goods should not...
Finance

RBI’s norms on outsourcing IT services will improve corporate governance

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Reserve Bank's regulation on outsourcing of IT services by banking sector entities is aimed at improving corporate governance and will protect the interest...
Finance

HDFC Bank ties up with Export Import Bank of Korea for $300 mn credit line

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HDFC Bank on Wednesday announced that it has signed a "Master Inter Bank Credit Agreement" with Export Import Bank of Korea for a...
Finance

MCC Bank records pre-tax profit of Rs 12.20 cr in FY23, cuts NPA level

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The Mangalore Catholic Cooperative (MCC) Bank, one of the pioneers of cooperative banks in Karnataka, has recorded a pre-tax profit of Rs 12.20...
Finance

Fund pick: SBI Corporate Bond Fund

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Fund Pick: SBI Conservative Hybrid Fund is a consistent outperformerFund Pick: Aditya Birla Sun Life Short Term Fund a consistent outperformerFund pick: SBI...
Finance

Investors put $538 billion into cash funds over eight week: BofA

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Volatile Indian equity markets, flows capping downside: BofA on 2023This isn't your mom and dad's recession: BofA's Savita SubramanianInvestors pile into cash at...
Finance

India, Japan, France’s common platform to aid Sri Lankan debt restructuring

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India, Japan and France have announced a common platform for talks among creditors to address the debt restructuring programme of Sri Lanka which...
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