RBI rate hikes: Sitharaman says with inflation falling, pressure on MPC to keep increasing rates now less
Finance Minister Nirmala Sitharaman's comments come at a time when the Reserve Bank of India (RBI) hiked key interest rates by 225 bps since May 2022 to battle the rising inflation
No funding winter, funding always waiting to see more innovative startups: Nirmala Sitharaman to Network18
Finance Minister Nirmala Sitharaman said, 'The major push for startups happened in 2016 when the honourable Prime Minister announced a policy. And subsequently year after year giving concessions'
Nirmala Sitharaman to Network18: FM's take on capex, privatisation and message to global investors
Finance Minister Nirmala Sitharaman said India remains a well governed and a very well regulated financial market
US Federal Reserve lifts rate by quarter-point but says inflation is easing
The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate a quarter-point, its eighth hike since March. And the Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes
UBS takeover of Credit Suisse to spark job crisis in London as 10,000 positions on the line across world
UBS told Credit Suisse wealth bankers that it sought to reassure them and that it was willing to keep them on board
Gold price today: 10 grams of 24-carat drops to Rs 59,780; silver at Rs 72,000 per kilo
As per the MCX data, the gold futures increased by 0.30 per cent to stand at Rs 59,683 and silver futures rose by 0.38 per cent to trade at Rs 69,103
Rupee races to replace dollar as UAE to join 18 others to settle trade in INR
India had prepared a concept paper on Rupee-Dirham trade and shared it with the UAE last year
Rupee marches on: Sri Lanka's Seylan Bank opens INR-denominated Nostro account in Indian Bank
Settling transaction in Indian rupee will help traders of both India and Sri Lanka who are facing shortages in Foreign Exchange
Gold price today: 10 grams of 24-carat falls to Rs 59,780; silver at Rs 71,800 per kilo
In Chandigarh and Lucknow, 10 grams of the 22-carat valuable metal is being retailed at Rs 54,950. The same quantity of 24-carat gold is priced at Rs 59,930 in the two cities.
Credit Suisse to 'push back' on UBS offer
On March 17, Credit Suisse ended with a market value of about 7.4 billion francs. It believes the offer from UBS Group is too low and would hurt shareholders and employees who have deferred stock, according to people with knowledge of the matter
Gold price today: 10 grams of 24-carat sold at Rs 60,320; silver at Rs 72,100 per kilo
In Ahmedabad, Bengaluru and Patna, 10 grams of 22-carat gold is being procured at Rs 53,060. The same amount of 24-carat purity is being bought and sold at Rs 57,880 in the above cities
Switzerland's largest bank UBS in talks to acquire embattled Credit Suisse: Report
Credit Suisse - Switzerland's second-biggest bank - came under pressure this week as the failure of two US regional lenders rocked the sector. By the close of markets Friday, its shares had dropped eight per cent.
Technology entrepreneurs: Five women to look out for this year
The tech industry is seeing women carving their way and proudly crafting the technology scene in the country, by leading the tech bandwagon and breaking stereotypes of the male dominance in the tech industry
Wellness candles: The new stress-relieving trend
Wellness candles are a great way to incorporate self-care and relaxation into your daily routine. Whether you're looking to reduce stress and anxiety, improve your sleep quality, or simply create a relaxing atmosphere in your home, wellness candles are a great option to consider
Why is San Francisco’s First Republic Bank in trouble? Why did the biggest US banks step in to save it?
After the Silicon Valley Bank debacle, First Republic came under scrutiny for uninsured deposits. Its shares fell, as it scrambled to reassure customers it can avoid the same fate. Now, 11 of the biggest US banks have announced a $30 billion rescue package to prop it up and stave off a bigger crisis
Gold price today: 10 grams of 24-carat sold at Rs 58,430; silver at Rs 69,200 per kilo
Ten grams of 24-carat gold in India is priced at Rs 58,420 today, 17 March. One kilo of silver is being traded at Rs 69,200. Ten grams of 24-carat gold in India is priced at Rs 58,420 today, 17 March
Group of banks working on rescue plan for First Republic
Sources familiar with the matter said that JPMorgan Chase, Citigroup, Wells Fargo and Goldman Sachs are part of the group of banks pulling together the package. It is likely to consist of $30 billion in deposits and capital for First Republic
Credit Suisse crisis: Does India have reasons to worry?
There is more panic in the banking world, as Credit Suisse shares plummeted on Wednesday. The global investment institution has a presence in India with assets worth Rs 20,000 crore. Will the bank’s future impact the world’s fastest-growing economy?
'Doctor Doom' Nouriel Roubini spells weekend meltdown for Credit Suisse
The European Central Bank has already committed to raising its deposit rate by 50 bps to 3 per cent on Thursday
Gold price today: 10 grams of 24-carat sold at Rs 57,860; silver at Rs 68,600 per kilo
According to the MCX data, gold futures dropped by 0.64 per cent to stand at Rs 57,960 and silver futures fell by 0.44 per cent to trade at Rs 67,000