Wednesday, February 5, 2025

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Turkey’s central bank records a loss of $25 billion for the year 2023

Turkey's central bank In 2023, the Turkish central bank experienced a loss of 818.2 billion liras ($25 billion), marking a significant shift from previous years...

China Vanke says it has plans in place amid short-term liquidity pressure:Reuters

Acording to news agency Reuters, China Vanke, a state-supported real estate developer, has acknowledged encountering short-term liquidity constraints and operational challenges. However, the company stated...

India’s foreign exchange reserves surged by $2.98 billion to reach a new pinnacle of $648.562 billion at the week’s conclusion.

foreign exchange reserves update RBI announces a $2.98 billion surge in forex reserves, reaching a new pinnacle of $648.562 billion. In September 2021, the nation's foreign...

UCO Bank, Central Bank of India, and three additional Public Sector Banks (PSBs) have been instructed to increase their public shareholding to 25% by...

Banks news update UCO Bank, Central Bank of India, and three additional PSBs have been instructed to increase their public shareholding to 25% by August These...

The Global Trade Research Initiative (GTRI) predicts a decrease of 1.2% in the value of global merchandise trade in 2024 compared to 2023

The Global Trade Research Initiative (GTRI) According to the report from the Global Trade Research Initiative (GTRI), there is a projected 1.2% decline in the...

Stock Market update: GIFT nifty trade in green, japan’s Nikkei down 1.01% amid gobal uncertainties

Stock Market Update: As tensions escalated in the Middle East, both gold and crude oil prices surged. Gold is currently at its highest level ever,...

IPO lineup includes the Vodafone Idea FPO,this week, along with 2 SME offerings and 2 fresh listings.

IPO lineup this week In the Indian stock market, the primary market's mainboard segment will maintain its quiet streak for the second week in a...

Stock Maket update: As tension arose in middle east, stock market may crash on monday

Stock Maket update: With tensions escalating in the Middle East overnight, significant global ramifications are imminent. Crude oil prices, already soaring, are expected to skyrocket...

RBI rejects 2 application for Licensing of Small Finance Banks

RBI in action: The Reserve Bank of India has turned down two additional requests to establish small finance banks: those from Dvara Kshetriya Gramin Financial...

Bitcoin show some stability after 8% fall on saturday due to Iran-Israel conflict

Bitcoin update On Saturday, both Bitcoin (BTC) and the wider cryptocurrency market experienced a nearly 10% decline. BTC, the leading digital asset, briefly dipped below...

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Mahindra Manulife Mutual Fund announces the launch of Mahindra Manulife Value Fund

Mahindra Manulife Mutual Fund, a joint venture between Mahindra & Mahindra Financial Services Limited ("Mahindra Finance") and Manulife Investment Management (Singapore) Pte. Ltd., has...

MobiKwik reports total income of INR 9,140 Mn for nine months of FY25, surpassing full-year FY24 income

One MobiKwik Systems Ltd. India’s largest digital wallet, today announced earnings results (standalone and consolidated) for nine months ended December 31st, 2024, and third...

SCOR: January 2025 P&C reinsurance renewals results

In line with its Forward 2026 strategic plan, SCOR continues to grow its P&C preferred lines while maintaining a strong underwriting discipline. During...

UBS reports 4Q24 net profit of USD 0.8bn and FY24 net profit of USD 5.1bn; proposes USD 0.90 dividend per share

UBS Group AG has announced its financial results for the fourth quarter and full year of 2024, showcasing significant growth in profitability. The Swiss...