Economy

Economy News

PNB Housing Finance targets Rs 1,000 crore in affordable housing loans

PNB Housing Finance targets Rs 1,000 crore in affordable housing loans

  PNB Housing Finance is targeting a disbursement of Rs 1,000 crore in affordable housing loans by December, following a…
State Bank of India revises strategy to boost current account deposits

State Bank of India revises strategy to boost current account deposits

  The State Bank of India (SBI) is recalibrating its strategy to increase its current account deposits, in response to…
Citigroup considering at least 10% job cuts in major businesses — CNBC

Citigroup considering at least 10% job cuts in major businesses — CNBC

FILE PHOTO: The logo for Citibank is seen on the trading floor at the New York Stock Exchange (NYSE) in…
Federal Reserve Bank of Atlanta leans towards cautious approach on interest-rate changes

Federal Reserve Bank of Atlanta leans towards cautious approach on interest-rate changes

Raphael Bostic, the President of the Atlanta Federal Reserve Bank, suggested a prudent approach to interest-rate alterations in the light…
Kenya’s central bank warns of rising illegal fund transfers

Kenya’s central bank warns of rising illegal fund transfers

  The Central Bank of Kenya (CBK) has issued a stern warning to the public about the surge in illegal…
EIB, Intesa Sanpaolo formalize €100m loan for Italy’s green transition

EIB, Intesa Sanpaolo formalize €100m loan for Italy’s green transition

  The European Investment Bank (EIB) and Intesa Sanpaolo (OTC:ISNPY) have solidified a €100 million loan agreement aimed at expediting…
US-Africa program should be extended through 2041, Senate Democrat says

US-Africa program should be extended through 2041, Senate Democrat says

2/2 FILE PHOTO: U.S. Senator Chris Coons speaks to the media in Johannesburg, South Africa, February 23, 2023. REUTERS/Sumaya Hisham/File…
South Africa’s Expropriation Bill may lead to AGOA exit and jeopardize exporters

South Africa’s Expropriation Bill may lead to AGOA exit and jeopardize exporters

  South Africa’s impending Expropriation Bill, which supports expropriation without compensation (EWC), is facing significant backlash due to potential threats…
Exclusive-Elon Musk’s X restructuring curtails disinformation research, spurs legal fears

Exclusive-Elon Musk’s X restructuring curtails disinformation research, spurs legal fears

FILE PHOTO: ‘X’ logo is seen on the top of the headquarters of the messaging platform X, formerly known as…
Multinationals plan moves to minimise China risk, ECB survey shows

Multinationals plan moves to minimise China risk, ECB survey shows

FILE PHOTO: A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March…
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