Topics: Federal Bank

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Christine Lagarde: ECB Ready to help euro-zone banks

Welcoming the Swiss authorities' decision over Credit Suisse's takeover bid rival UBS, European Central Bank's (ECB) President, Christine Lagarde on Tuesday told the EU...

Blaming Startups for Banking with SVB is Wrongheaded: Balaji Kridha, Head of Startup Launchpad at Deshpande Startups

In the wake of the recent collapse of Silicon Valley Bank (SVB), Balaji Kridha, Head of Startup Launchpad at Deshpande Startups, has spoken out...

“Fed likely to raise interest rates,” says Jerome Powell

Federal Reserves chairman Jerome Powell told the U.S. lawmakers that, the "Fed will likely need to raise interest rates more than expected."

GOP Sen. discuss regulatory policy on Stablecoins

Senator Daines discussed the Stablecoins policy and it's framework during a Senate Banking Committee hearing.

Federal Bank tie-ups with OneCard to offer mobile-first Credit Card

Federal Bank has announced its strategic alliance with OneCard to launch its mobile-first Credit Card. "With OneCard, Federal Bank will target the young working professionals...

Neobank Fi partners with Federal Bank to launch its service India

Neobank for salaried millennials Fi has today announced the launch of its service in India. Fi, was established with a strong purpose to help people...

Innovative “Eco-Business Park” To Be Built In Canadian City

The City of Summerside, Prince Edward Island, Canada is allocating $10 million towards the construction of an eco-industrial park that is meant to foster...

Market Analysis: Crude drops to 18-year lows

Crude prices fell to their lowest levels in 18 years yesterday as markets fear the world may run out of storage space. There is...

Coronavirus pandemic: Bank Of Canada slices key interest rate to 0.25 percent

In a bid to revive the coronavirus-affected economy, the Bank of Canada on Friday announced its plans to reduce its interest rate to 0.25...

Market Analysis: Stocks rise, USD weakened after US Congress approves stimulus package

We witnessed an emphatic recovery in global equities in the past couple of days. The US parliament approved a USD 2tn stimulus package which...

Market Analysis: Fed announces unlimited QE, corporate bond purchases

The US Dollar has weakened across the board after the Fed unleashed a slew of unprecedented measures. The Fed said it would buy an...

Market Analysis by Abhishek Goenka: Why is rupee not depreciating till now despite USD strength?

The Rupee has been one of the better-performing currencies amid the extreme panic and turmoil we have witnessed in global markets. On previous occasions...

Report: Trump administration looks for $850 billion to stem COVID-19 economic fallout

The Trump administration plans on seeking a $850 billion stimulus package aimed at buffering the economy against fallout from coronavirus, the Washington Post reported...

Market Analysis: “Dow sees worst fall (13%) since Black Monday crash of 1987 (22%)”

The European Union has decided to close all internal borders to permit only essential travel. Philippines, Malaysia have enacted movement controls. The Dow crashed close...

Market Analysis by Abhishek Goenka, “Fed obliges the president; cuts rates to zero”

Just three days before the policy, the US Fed has cut overnight Federal funds rate by 1% to 0-0.25% range. It has also announced USD...

TG TV: Lagarde says “COVID-19 will have a significant impact on economic activity”

The President of the European Central Bank, Christine Lagarde on Saturday, said that “The recent outbreak of Coronavirus (COVID-19), will have a significant impact on economic...

Wall Street dips as coronavirus dampens optimism

Wall Street edged lower on Friday as uncertainties surrounding the coronavirus epidemic and downbeat economic data put a damper on investor sentiment. While the S&P...

Finance Ministry of India denies sharing details of Swiss Bank account holders

The Finance Ministry has declined to share Swiss bank accounts details of Indians saying it is covered under "confidentiality provisions" of a tax treaty...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($239 billion) with fiscal spending of 13.2 trillion yen, aimed at preventing overseas...

Snapdeal launches dedicated dhanteras e-store

India's largest third-largest e-commerce giant Snapdeal has announced the launch of dedicated dhanteras e-store to provide popular items during the festive season on its...

Fintech startup NIRA secures $1Mn in seed round funding

An India based Fintech startup NIRA, on Tuesday announced that "It has secured $1 million in seed round funding from angel investors in India...

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