A neon sign indicates that Bitcoin is accepted inside the venue of the Paralelni Polis project, an organization combining art, social sciences and modern technology, in Prague, Czech Republic, on Friday, Jan. 5, 2024. Milan Jaros | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC … Read more
Boeing 737 MAX airplanes, including the 737 MAX 9 test plane (L), are seen at Renton Municipal Airport, on March 14, 2019 in Renton, Washington. Stephen Brashear | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more
Boeing 737 MAX airplanes, including the 737 MAX 9 test plane (L), are seen at Renton Municipal Airport, on March 14, 2019 in Renton, Washington. Stephen Brashear | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more
Mumbai: Amid discussions with bankers over elevated funding costs and operational challenges brought about by liquidity deficit, the Reserve Bank of India (RBI) has sought to cool money market rates by conducting regular short-term fund injections after a long hiatus. “Banks have individually communicated with the RBI after the liquidity deficit widened significantly at the … Read more
Over the past few years, the banking industry has enjoyed a favourable market sentiment, as evidenced by Bank Nifty’s impressive two-year total returns from CY22 to CY23, registering a growth of 35.8%. This growth surpassed the 24% increase seen in the Nifty50 during the same period. Fortunately, this positive sentiment towards banks is not merely … Read more
Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK. Bloomberg | Bloomberg | Getty Images The average FTSE 100 CEO will have earned more this year than the median full-time worker’s annual salary by 1 p.m. London time on Thursday, according to estimates from the High Pay Centre think tank. The … Read more
Mumbai: Bond forwards in sovereign debt, for which the Reserve Bank of India released draft directions last week, will help end a regulatory grey area and let banks and insurers cater to the trillions of rupees worth of retail demand for long-term investment products in a standardised manner. Introduction of bond forwards, which are derivative … Read more
New Delhi, Finance Minister Nirmala Sitharaman on Saturday held a meeting with heads of public sector banks and reviewed their financial performance. During the meeting, concerns related to cyber security and the risks on the financial sector were discussed, sources said. Issues related to fraud and wilful defaulters and progress on the National Asset Reconstruction … Read more
Mumbai: Indian equities surged almost 1% on Wednesday to close at record levels, mirroring the strength in global markets, which have been boosted by optimism over the likelihood of interest rate cuts next year. The Sensex closed above 72,000 for the first time, while the Volatility Index or VIX – a popular fear gauge – … Read more
The top 10 things to watch Monday, Dec. 11 1. U.S. stocks are muted Monday following last week’s push to a new 52-week high in the S & P 500 , helped by a stronger-than-expected jobs report Friday. Good economic news is good news for the stock market, for now, with investors looking ahead to … Read more
