Search For "global financial"
G7 finance chiefs to reiterate confidence in global financial stability
Updated : 3 years ago IST
The finance chiefs of the Group of Seven nations on Saturday are expected to reiterate their confidence in global financial stability despite digital bank runs and work to create more robust and resilient supply networks in light of China's ascent, as they wrap up a three-day meeting, report
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Global financial situation is daunting but Indian financial sector is well
Updated : 3 years ago IST
The secretary was interacting with media persons after the Financial Stability and Development Council (FSDC) took place in the capital on Monday that Union Finance Minister Nirmala Sitharaman chaired. The meeting happened for the first time after the announcement of the Budget 2023-24.
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Bangladesh's GDP growth to overtake China, IMF report forecasts
Updated : 3 years ago IST
IMF's Regional Economic Outlook for Asia and Pacific May 2023 report also predicted that Bangladesh may surpass China in terms of growth in 2024.
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Chinese invasion of Taiwan could cost world economy USD 1 trillion: US int
Updated : 3 years ago IST
If a Chinese invasion stopped TSMC from producing those chips, "it will have an enormous global financial impact that I think runs somewhere between USD 600 billion to USD 1 trillion on an annual basis for the first few years," she said.
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Retail inflation in India expected to average at 5.2 pc 2023: Emkay
Updated : 3 years ago IST
Emkay Institutional Equities, a part of Emkay Global Financial Services, expects India will likely witness a sub-five per cent inflation in the early part of 2023, with an average rate of Consumer Price Index at 5.2 per cent for the entire calendar year.
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FM Sitharaman meets Japan Bank for International Cooperation's governor in
Updated : 3 years ago IST
According to the finance ministry's tweet on Wednesday, the finance minister encouraged the engagement of JBIC with Indian financial institutions such as Exim Bank, National Investment and Infrastructure Fund (NIIF) and lending banks to leverage the strength and complementarities of both cou
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Gold expected to continue to shine due to recession fears and high inflati
Updated : 3 years, 1 month ago IST
Bangalore (Karnataka) [India], April 21 (ANI/PRNewswire): A recent study on precious metals by Windmill Capital, a wholly-owned subsidiary of smallcase Technologies Pvt Ltd, highlights that Gold has been in focus during FY23 due to the uncertainty in the global financial markets. The equity
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"Very important area": Nirmala Sitharaman on strengthening of global finan
Updated : 3 years, 1 month ago IST
Describing the Global Financial Architecture as a "very important area", Union Finance Minister Nirmala Sitharaman said that through India's G20 Presidency, several sessions will be taking place to get into the details of how we want to look at the financial architecture itself.
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RBI may hike repo rate by 25 bps in ongoing policy meet: Emkay report
Updated : 3 years, 1 month ago IST
The monetary policy committee of the Reserve Bank of India, when it announces the outcome of the ongoing policy meeting on Thursday morning, is likely to hike the repo rate by 25 basis points (100 basis points is equivalent to 1 percentage point), according to advisory firm Emkay Global Fina
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Finance Ministry, RBI officials to depose before parliamentary panel on im
Updated : 3 years, 1 month ago IST
Sources said that the panel is to discuss global financial developments and how it impacts a country like India which is taking huge strides forward as a big player in promoting Startups.
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Unified Payments Interface (UPI) makes India a global leader in next-gener
Updated : 3 years, 2 months ago IST
Mumbai (Maharashtra) [India], March 24 (ANI/PRNewswire): With Cash use declining from 71 percent of POS transaction value in 2019 to just 27 percent in 2022, India has emerged as a global leader in payments with the development of its next-generation real-time payments (RTP) infrastructure,
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BRAC Bank and Nucleus Software win IBS Intelligence Global FinTech Innovat
Updated : 3 years, 2 months ago IST
New Delhi [India], March 24 (ANI/BusinessWire India): Nucleus Software, the leading provider of lending and transaction banking solutions to the global financial services industry, today announced winning the "Best Implementation in Transaction Banking" Award by IBS Intelligence Global FinTe
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