India's headline retail inflation is expected to rise to a five-month high of 7.4% in September, with the risk of going higher if the momentum of food and vegetable prices picks up further in the rest
"The longer inflation remains high, the greater the strain and the higher the potential for social conflict," Sewing said.
India's overall foreign exchange reserves will deplete further this year due to a ballooning current account deficit and interventions by the central bank to support the rupee, Deutsche Bank said
The risks to food inflation persist with negative seasonality kicking in for the September-November period, the bank said
Das added that the central bank may consider 35 bps rate hike, should the U.S. Federal Reserve deliver a 75 bps rate hike on Sep. 21
HealthAssure is targeting the massive $ 40 billion OPD and Insurance market in India by 'productizing' the largest HMO ecosystem of primary care
The first non-European head of Deutsche Bank passes away at 59
Jain recently recruited teams of traders from larger rivals to work at Cantor Fitzgerald as that firm's chief, Howard Lutnick, expanded ambitions in trading and relationships with global investors
'As India emerges from the pandemic, and with the robust rebound in gross domestic product, we are seeing Corporate India using this period to deleverage'
Deutsche Bank subsidiary DWS said its chief executive is resigning, hours after authorities raided its offices
DWS has faced regulatory probes in the US and Germany after its former chief sustainability officer, Desiree Fixler, alleged last year that the company inflated its ESG credentials
The inflation data over the coming six months will be critical
The capital raise comes in the backdrop of recovery in domestic air traffic and resumption of scheduled international services from March-end
Bank of America Corp. now predicts seven rate hikes in 2022 and BNP Paribas SA forecasts six, while JPMorgan Chase & Co. and Deutsche Bank AG see five
Thursday's figures are a milestone for Chief Executive Officer Christian Sewing, who was promoted to the top job in 2018 to turn Deutsche around
If elected, the position will catapult Wynaendts, who is relatively unknown in Germany
Deutsche Bank saw its net profit increase 6 per cent, to 329 million euros, in the third quarter despite a sharp increase in restructuring costs
Deutsche Bank will set up its IFSC banking unit at India's first global financial centre in Gujarat. The bank has received approval from the GIFT SEZ Authority to set up an IFSC banking unit at India's first International Financial Services Centre (IFSC) at GIFT City, Gujarat, a release said on Thursday. The leading German bank with strong European roots has a global network across 59 countries. This will serve as a primer for renowned banks from other geographies to consider GIFT City a viable destination for international financial services, said Tapan Ray, MD & Group CEO, GIFT City. "Progressive banking regulations in GIFT IFSC provide new business opportunities in several areas for foreign banks such as FPI Business, Non-Deliverable Forwards (NDF), Aircraft leasing- financing, and upcoming framework to enable international bullion exchange operations from GIFT IFSC," he said. Deutsche Bank is among the largest international banks in India. It had set up its first branch in th
The telecom company has sought an extension of the moratorium till April 2023 to pay over Rs 8,000 crore dues related to spectrum purchase
Deutsche Bank launched a new set of foreign exchange (FX) indexes to track 21 emerging market (EM) currencies, indicating a growing relevance and importance of developing markets in the global economy