Bank of Baroda cuts overnight lending rate by 5 bps, keeps other tenors unchanged

State-run Bank of Baroda has revised its Marginal Cost of Funds Based Lending Rates (MCLR), reducing the overnight tenor by 5 basis points while leaving other maturities unchanged, the lender said in a regulatory filing on Thursday. Effective July...

Finance manager of multinational firm, accused of misappropriating ₹40 crore, found dead in Puzhal

: A 38-year-old chartered accountant, facing charges of misappropriating ₹40 crore from the firm where he worked, was found dead in Puzhal. Recovering a mail allegedly written by him, the police said it was death by suicide. The victim has been...

Investors double down on space infrastructure as exits return

TAMPA, Fla. — Economic headwinds did not stop investments in core space companies from reaching their highest level in more than a year at $3.2 billion for the second quarter of 2025, according to early-stage investor Space Capital. To continue...

‘Investors aren’t seeing it’: Surprising margins hint at bigger play beyond VLCCs

This week’s Streetwise looks at how shipping stocks fared in the first half, and what’s to come Jefferies shipping analyst Omar Nokta isn’t taking kindly to suggestions that investors have little interest in shipping stocks.Photo: David Butler...

The macroeconomic effects of introducing a central bank digital currency

Central banks worldwide are increasingly exploring the potential introduction of central bank digital currencies (CBDCs). As of 2024, a significant number — 134 countries representing 98% of global economic output — are actively researching or...

Investors to convert northwest Atlanta apartments into affordable housing

Finance Minister Praises Progress Of £300m Derry City And Strabane Deal

10/07/2025 Finance Minister John O'Dowd has commended the ongoing progress of the Derry City and Strabane District Council City Deal, emphasising its pivotal role in unlocking the North West's economic potential. The Minister's visit to Derry and...

Asian shares rise, dollar strengthens ahead of US earnings; JGB yields surge

TOKYO :Asian shares climbed and the dollar held gains on Tuesday as trade talks remained in the spotlight in a week that will see key readings on U.S. inflation and bank earnings. Oil prices edged lower after U.S. President Donald Trump issued a...

Cryptocurrency bitcoin hits another record high

Cryptocurrency bitcoin hits another record high

Timo Emden, of Emden Research, wrote that hopes of a major advance in the tariff conflict between the United States and its main trading partners was moving the market and increasing willingness to take risks.

529 Savings Now Eligible for Trade Education Following CEDIA Advocacy

Removes some of the financial barriers for those pursuing careers in the smart home industry. During CEDIA on the Hill Day, CEDIA lobbied in support of the “Freedom to Invest in Tomorrow’s Workforce Act,” which aimed to expand the use of 529...

Investment proposals invited for development of open-source office software in Oman

MUSCAT – This strategic initiative aims to foster technology localisation and enhance national digital sovereignty. The Internal Investment Committee at the Ministry is seeking proposals for the development of essential office applications,...

Investors appear to like a company with big space manufacturing ambitions

The company has also positioned its W-series of spacecraft, which reenter at a maximum speed of Mach 25, as an ideal test bed for thermal protection materials, navigation, communications, and other sensors that could be flown operationally on...

Viral post breaks down why 7 hours of sleep feels different in Japan vs America

Sleep is weird. You can crash for 7 hours and still wake up feeling like a truck hit you... or you can get the same 7 hours and wake up feeling fresh and focused. Recently, a post by Jay McHale (a former investment banker) went viral for saying...

Have selfish political agendas infiltrated Gen Z clamour for good governance?

What started as a coming together of young Kenyans to reject the Finance Bill 2024 last year has quickly morphed into a multifaceted threat to the country’s fragile socio-economic and political fabric. The Gen Zs rose up against the tax proposals...

Investing in an aging workforce imperative for California economy

Opinion by SARITA MOHANTY posted 07.10.2025 OPINION – Los Angeles stands at a critical juncture. As the city recovers from devastating fires and prepares for a wave of national and international events, the demand for skilled workers will surge....

Bank of Ghana says liquidity risk arises in the general funding of its activities & mgt of positions

Finance minister urges population as key criterion in NFC Award formula

Finance Minister Muhammad Aurangzeb has called for the population to be recognised as a core allocation criterion in the National Finance Commission (NFC) Award. The minister made these remarks at an event organised by the Ministry of National...

Trump Ukraine Aid Plan Publicity Stunt? 'NATO Can’t Fund Weapons For Kyiv,’ Warns Ex-French General

Washington’s latest plan to route military aid to Ukraine through NATO is being met with skepticism, particularly from retired French Brigadier General Francois Chauvancy. He warned that NATO lacks the legal, financial, and logistical capacity to...

Inside Amitabh-Jaya's empire of love and luxury

According to a 2024 Business Today report, as per the latest figures for the financial year 2022-23, Amitabh Bachchan’s personal net worth stands at around Rs 273.74 crore, while Jaya Bachchan’s is Rs 1.63 crore. Together, their combined wealth is...