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Wall Street T+1 switch is causing more pain than we thought: Citigroup

The T+1 shift was a global event for the financial industry because it affected every institution and investor with cash in the US capital markets

Ukraine officials expecting IMF's pressure to devalue currency, cut rates

The result of the review could unlock a $1.1 billion disbursement to Ukraine if the fund's staff determines Ukraine is hitting program targets

Retail firms are focused on shoppers spending, tariffs: Goldman Sachs

Consumers continue to be "somewhat steady," but they are spending selectively after years of inflation, McShane added.

Adani Enterprises kicks off its maiden bond sale aimed at individuals

The flagship firm of Indian billionaire Gautam Adani's group plans to raise as much as Rs 800 crore ($95.3 million) through the issuance

Indian luxury homebuilder Rustomjee to expand into data centres on AI boom

India's data center capacity has nearly doubled since 2019, drawing interest from a wide range of investors, according to a report from Avendus Capital

A 'unified lending interface' carries great potential, but is also risky

India's model for financial interconnectedness is based around what it calls digital public infrastructure

Donald Trump loses bid to move New York hush money case to federal court

The 78-year-old billionaire faces as long as four years behind bars in the hush money case, though a far shorter sentence or even probation is also possible

SEC's WhatsApp probe expands as Moody's, S&P, Fitch hit with $48 mn fine

The Securities and Exchange Commission said Tuesday that Moody's and S&P will each pay $20 million to settle the cases, while Fitch will pay $8 million

Global borrowing blitz led by blue chips selling $43 bn in bonds, loans

Bond yields on global investment-grade corporate debt averaged 4.52 per cent as of Tuesday's close, near their lowest level in about two years

Byju's lenders kicked off creditor panel by court official Srivastava

Lenders have been trying to force Byju's into an insolvency proceeding in a court in India for months, but with limited success

Illumina wins court battle with EU over $7 billion Grail takeover

Under the controversial system, the Brussels-based commission encouraged national regulators to ask it to probe deals that would normally fall below the threshold for EU investigations

WazirX hacker behind $234 mn crypto theft in India starts washing funds

Blockchain intelligence firm Arkham Intelligence highlighted the flows, which underline the difficulty of recovering the digital assets

WazirX hacker behind $234 mn crypto theft in India starts washing funds

Blockchain intelligence firm Arkham Intelligence highlighted the flows, which underline the difficulty of recovering the digital assets

India needs faster growth for a decade to meet goals: RBI Dy Guv Patra

It's possible for India's per capita income to climb to levels required to be considered a high income or developed country, Patra said

NaBFID planning to disburse $17 bn in loans to finance projects: Official

The 20-month old financial institution, which has been created to focus on infrastructure funding, has assessed 200 projects and is planning to sanction $26.5 billion in loans over two years

Vladimir Putin spending big to shape Russia's youth in his own image

The classes "will put a lot of things on a systematic basis" in schools, Putin said Monday during a televised discussion with a group of children in Kyzyl in Russia's Tuva region

Elon Musk to celebrate PM Meloni as Italy eyes space sector investment

Musk and Meloni have met on a number of occasions, including at a political festival last December thrown by the prime minister's right-wing Brothers of Italy party

Daikin, world's no 1 air-conditioner maker, to expand capacity in India

With its rising middle class, India is one of the world's fastest-growing markets for air conditioners, set to surpass the US to become the second-largest behind China by 2036, according to IEA

7-Eleven's retail empire includes banking, US' now bankrupt Tower Records

The Japanese retailer originated as a clothing store a century ago and evolved into a general merchandiser, selling everything from groceries and sundries, to clothing and home goods

Xi Jinping wants bigger returns, fewer headaches from African debt deals

From Angola to Djibouti, for over a decade, China poured more than $120 billion of government-backed loans through its Belt and Road Initiative to build hydropower plants