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2 mins read

RBI brings 100 mt gold reserve from UK to India; nothing more should be read into it: Das

The quantum of gold stored outside was static for a long time, Reserve Bank of India Governor Da…

PTI   


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3 mins read

Sensex tumbles over 1,000 points, Nifty falls below 22k amid election uncertainties

Benchmark equity indices Sensex and Nifty tumbled about 1.5 per cent on Thursday amid heavy foreign…

PTI   


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3 mins read

Sensex, Nifty scale fresh record high levels on robust FII inflows

Rallying for the sixth straight session, the 30-share BSE Sensex climbed 141.34 points or 0.18 per …

PTI   


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2 mins read

More than half of banking jobs could be automated by AI — but banks will be slow to adopt, Citi report says

A new Citi report says finance will be "at the forefront" of changes due to artificial intelligence.

Emmalyse Brownstein   


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8 mins read

Why Gen Zers aren't leaving the nest

Young people are living at home and relying on their parents for money well into their 20s. Their p…

Eve Upton-Clark   


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2 mins read

Stocks continue to consolidate ahead of Lok Sabha election results

Risk aversion in Indian stocks continued on Thursday morning, as the indices opened the session on …

ANI   


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4 mins read

India's Spinball vs England's Bazball: Rohit's men bank on turn for first strike

India's unalloyed dominance at home over the last 12 years will be put through its most unique exam…

PTI   


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1 min read

Why you should buy stocks ahead of this week's inflation report

Fundstrat's bullish short-term outlook is supported by declines in volatility, the US dollar, and l…

Matthew Fox   


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1 min read

US stocks trade mixed as investors gear up for jam-packed week of central bank meetings and economic data

Central banks around the world are meeting this week, and they're all expected to keep interest rat…

Matthew Fox   


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2 mins read

India stock indices extend losses from past week

Indian stock market indices extended their losses from the previous week, though marginally, tracki…

ANI   


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1 min read

Jadeja, Rahul ruled out of second Test against England

"Mr. Ravindra Jadeja and Mr. KL Rahul have been ruled out of the second IDFC First Bank Test ag…

PTI   


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3 mins read

Central banks around the world just made borrowing costs more expensive

Insider's Phil Rosen explains the four rate hikes made by central banks in the UK, Switzerland, Tur…

Phil Rosen   


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2 mins read

The Bank of England is ramping up its daily bond purchases and boosting liquidity to banks after the UK's bond-market meltdown

The UK's central bank plans to buy more long-dated government bonds this week, and make liquidity m…

Theron Mohamed   


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Pound tumbles as Bank of England hikes rates, warns of a recession for all of next year

Sterling fell about 2% against the US dollar to $1.11 on Thursday, hitting the lowest levels since …

Jennifer Sor   


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4 mins read

How bad is the banking crisis?

Central banks, regulators and governments are rushing to save banks from collapsing. But the uncert…

Spriha Srivastava   


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2 mins read

Bank of England hikes interest rates to 13-year high, with inflation set to hit 11%

Like other central banks around the world, the Bank of England is grappling with red-hot inflation …

Harry Robertson   


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3 mins read

Bank of England hikes interest rates by an outsized 75 basis points for the first time in over 30 years

The UK central bank's biggest hike since 1989 brings the key interest rate to 3%, as it tries to co…

George Glover   


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1 min read

China expands de-dollarization push as global central banks use record amount of yuan

The yuan's use in currency swaps grew to $15.6 billion at the end of March, marking the second-larg…

Filip De Mott   


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2 mins read

The Bank of England hikes interest rates to 1%, the highest level since 2009

The UK's central bank, grappling with rapidly rising inflation, on Thursday raised its main interes…

Harry Robertson   


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2 mins read

Dow jumps 548 points as the Bank of England's intervention calms market panic over the UK's budget plans

US and UK bond yields dropped after the Bank of England said it will buy £65 billion pounds ($71 bi…

Carla Mozée