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Banks and non-bank financial intermediaries are posting strong earnings and robust credit growth with strengthening buffers

Indian economy presents picture of resilience, robust financial system boosting growth: RBI report

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RBI’s financial stability report says India's economic prospects brighten; core inflation, global volatility may pose risks The Indian economy presents a picture of resilience, supported...
India’s solid macroeconomic fundamentals put it on track to be the global growth engine in the coming decade and beyond

India is investment destination of the decade: HSBC report

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What makes India best investment destination over the next decade: HSBC Wealth Report decodes HSBC said in its recent report that with longstanding trends of...
Issues related to crypto have emerged as a major point of discussion among G20 countries and there is unanimity among member nations about the urgency to regulate this sector

Crypto Assets is an issue that requires immediate attention from G20, says FM Sitharaman

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FM Sitharaman says crypto issue needs immediate attention, globally coordinated policy response Union Finance Minister Nirmala Sitharaman has said that 'Crypto Assets' is an issue...
The members arrived at a consensus that global policy responses to crypto assets are required

G20 Finance Ministers to address debt stress; discuss Ukraine and crypto assets

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Post-pandemic development requirements becoming lot more focussed: FM Nirmala Sitharaman During a two-day meeting, G20 Finance Ministers and Central Bank Governors (FMCBG) recognized the urgency...
Having shored up the financial status of Sri Lanka, its government must act to stop conversion and other subversive activities

President Wickremesinghe says IMF $3 Billion bailout restored Sri Lanka’s international recognition, debunks bankrupt...

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Sri Lanka president declares 'new journey' as receives first tranche of IMF bailout President Ranil Wickremesinghe told Parliament on Wednesday that the IMF bailout had...
Mark Zuckerberg puts Meta's middle managers on notice

Mark Zuckerberg warns Meta’s middle level managers; puts them on notice

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Is Meta gearing up for more layoffs? Meta Founder and CEO Mark Zuckerberg have reportedly put middle managers at the company on notice. Zuckerberg warned...
Reflecting the theme of "Vasudhaiva Kutumbakam" & "One Earth, One Family, One Future", the discussions focused on issues relating to the global economy and risks

The first G20 finance and central bank deputies meet held in Bengaluru

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The meet was attended by over 160 foreign delegates including Deputies from G20 member countries, invitee countries, and International Organizations Marking the beginning of the...
A new performance management system could help managers push out thousands of underperforming employees starting early next year

Google’s parent company Alphabet to lay off 10,000 employees through new ranking and performance...

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CEO Sundar Pichai aims to make Alphabet 20% more efficient, hinting at job cuts Alphabet, Google's parent company, is reportedly gearing up to lay off...
Zuckerberg said the company is taking steps to become a leaner and efficient by cutting discretionary spending & extending its hiring freeze through Q1

Mark Zuckerberg sacks over 11,000 employees, hiring freeze extended at Meta for Q1 2023

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Meta lays off over 11,000 employees in biggest tech layoff in 2022 On Wednesday Meta Founder and CEO Mark Zuckerberg sacked more than 11,000 employees...
RBI has hiked the repo rate by 50 basis points to 5.90%, the fourth straight increase in the current cycle, to tame sustained above-target retail inflation rate

RBI hikes repo rate to subdue the inflation; pegs inflation at 6.7% & eco...

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RBI Governor Shaktikanta Das announces hike in repo rate by 50 basis points to subdue the inflation The Reserve Bank of India's Monetary Policy Committee...
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