Any decline for GBP is likely a good buying opportunity – MUFG
The Bank of England’s decision is coming up. According to MUFG Bank experts, any indications of a delay could cause…
Editor Currencyveda
Read More
SNB rises key rate by 50 bps, a further rate hike of 25 bps expected in June – Commerzbank
The main deposit rate was increased by the Swiss National Bank (SNB) by 50 basis points to 1.50%. The benchmark…
Fed delivers small rate hike, says ‘some additional’ tightening possible
The Federal Reserve increased interest rates by a quarter of a percentage point on Wednesday, but it also signalled that…
Toshiba accepts $15 billion buyout offer from JIP, Nikkei says
Toshiba Corp. accepted a $15.3 billion buyout bid from a Japanese consortium, according to the Nikkei newspaper, putting an end…
‘Sebi speeds up action against social media stock tips’
MUMBAI: According to documents examined by Reuters and two persons with direct knowledge of the situation, India’s market regulator will…
Infosys announces Kiran Mazumdar-Shaw’s retirement from board; Sundaram named lead independent director
NEW DELHI: Infosys, a leading provider of IT services, stated on Thursday that Kiran Mazumdar-Shaw will step down from her…
Tata group mulls injecting $2 billion into super-app venture
MUMBAI: While the salt-to-software giant looks to strengthen its digital operations, it has been reported that Tata Group is considering…
Risk-on mood recedes as credit fears surface
Investors were uneasy even before central banks around the world were able to control inflationary pressures due to a possible…
European carbon tax could torpedo FTA talks: Experts
In New Delhi: According to trade experts, India should discuss the proposed carbon tax with the EU because it could…
When exports decline, can PLI be of any help?
The globe has been on the verge of a recession as a result of various threats that Russia’s invasion of…