HDFC Bank Increases MCLR Rates: What You Need to Know
HDFC Bank has increased its MCLR for short-term periods by up to 5 basis points. The overnight MCLR has risen from 9.15% to 9.20%, effective from December 7, 2024. Other tenures re...
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Equinor Exits Nigeria and Azerbaijan with $2 Billion Asset Sale
Equinor has finalized the sale of its assets in Nigeria and Azerbaijan for a combined total of up to $2 billion, marking the end of its operations in these two countries after near...
Singapore's Labour Market Sees a Surge in Resident Employment in Q3 2024
After a previous drop, resident employment in Singapore rose again in the third quarter of 2024, as the country's labour market continued to expand, according to the Ministry of Ma...
Will RBI's CRR Cut Lead to Lower Bank Fixed Deposit Rates?
The recent reduction in the Cash Reserve Ratio (CRR) by the Reserve Bank of India (RBI) has raised questions about whether bank fixed deposit rates will decrease. Banking officials...
Paytm Shares Surge to 52-Week High Following Stake Sale in PayPay Corporation
Shares of One97 Communication, operating under the Paytm brand, surged over 3% to reach a 52-week high of Rs 1,007 on both BSE and NSE following the company's decision to divest it...
Aditya Birla Group Announces Massive Rs 50,000 Crore Investment in Rajasthan
The Aditya Birla Group plans to invest Rs 50,000 crore in Rajasthan across its businesses, including Rs 6,000 crore in renewable energy. The investment will scale up cement product...
Premier Li Qiang Sounds Alarm on Deglobalization Risks at Global Financial Summit
China's Premier Li Qiang warns of deglobalization's impact on the world economy at a summit attended by top leaders of major financial institutions. He highlights the increasing un...
BOJ Deputy Governor Himino to Discuss Monetary Policy in Yokohama
Bank of Japan Deputy Governor Ryozo Himino will deliver a speech and hold a news conference in Yokohama on January 14th, preceding the BOJ's policy-setting meeting on January 23-24...
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