Finance
Credit growth in India to fall over slowdown in retail deposit: Emkay Institutional Equities

New Delhi [India], March 21 (ANI): Credit growth in India is expected to moderate down to 12-14 per cent on a yearly basis over the financial year 2024-25-2026-27 from the current 16.5 per cent, according to Emkay Institutional Equities. The loan-to-deposit ratio (LDR) is expected to fall to a reasonable level of 75 per cent […]

Updated: Mar 21, 2024
Malaysian central bank says ringgit remains undervalued

KUALA LUMPUR, March 20 (Xinhua) — The ringgit remains undervalued and does not reflect Malaysia’s positive economic fundamentals and prospects, the Malaysian central bank said Wednesday. Bank Negara Malaysia (BNM) said in its 2023 second half Financial Stability Review report that the financial markets continue to expect the ringgit to trade stronger as pressure from […]

Updated: Mar 20, 2024
Zambia expects to harvest less maize due to drought spell

LUSAKA, March 19 (Xinhua) — Zambia has projected to produce about 1.7 million tonnes of maize during the 2023/2024 farming season following a drought that has hit the southern African nation, according to a senior government official. The country produced 3.3 million tonnes of maize during the 2022/2023 season. Minister of Information and Media Cornelius […]

Updated: Mar 19, 2024
EU envoy to India Herve Delphin

Bengaluru (Karnataka) [India], March 18 (ANI): Ambassador of the European Union to India, Herve Delphin in his recent visit to Bengaluru on Monday highlighted that the purpose of his visit is to boost trade and investment flows between the two regions. In an interview with ANI, Delphin spoke about, the India-EU partnership, “I come here […]

Updated: Mar 18, 2024
Former Chhattisgarh CM Bhupesh Baghel named in FIR in Mahadev betting app case

Raipur (Chhattisgarh) [India], March 17 (ANI): The Chhattisgarh Economic Offenses Wing (EOW) has named former chief minister Bhupesh Baghel in its first information report (FIR) lodged in connection with the Mahadev Online Book-linked money laundering case, sources said on Sunday. According to sources, the FIR has been filed on basis of a probe report submitted […]

Updated: Mar 17, 2024
What kind of week has it been

Darin Gantt CHARLOTTE – Been quite a five days around the office. And it’s early yet. People going. People coming. More people coming than going. And it’s a lot to process. Some favorites left, and that’s hard. You get used to familiar faces, and change is not something people always welcome (says the man in […]

Updated: Mar 16, 2024
Crypto stalwarts prefer Trump poll

Nearly half of owners of virtual currencies in the US plan to vote for the former president, according to a Paradigm survey Former US President Donald Trump appears to be the leading candidate among potential voters who are holders of cryptocurrencies, according to a recent survey conducted by crypto investment firm Paradigm. 1,000 eligible voters […]

Updated: Mar 15, 2024
EU members oppose plan to arm Kiev with Russian money Politico

Malta, Luxembourg, and Hungary have reportedly warned against directing the proceeds generated by the frozen assets to Ukraine’s military A European Union plan to use the profits generated by Russia’s central bank assets frozen in the bloc to buy weapons for Ukraine has faced resistance from Malta, Luxembourg, and Hungary, Politico reported on Thursday, citing […]

Updated: Mar 14, 2024
Passive investments will make way into India once government bonds become part of global indices: SEBI chief

Mumbai (Maharashtra) [India], March 13 (ANI): A lot of passive investments will automatically come into the country once the government of India bonds become part of the global indices, said Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch. “The reason we are delighted is that once a benchmark and a yield curve […]

Updated: Mar 13, 2024
National People’s Congress stresses on tighter control, push for high-tech

Beijing [China], March 12 (ANI): As China continues to grapple with a struggling economy, the main message by the leaders at the National People’s Congress was pushing for a high-tech powerhouse amid an intensifying tech war with the United States, CNN reported. The week saw highly choreographed meetings of China’s rubber-stamp national legislature and top […]

Updated: Mar 12, 2024