Sell America Is the New Trade on Wall Street
Investors are increasingly souring on the United States, as illustrated by the declining dollar, the stalled stock market and rising government borrowing costs. Source link
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IDFC Bank net profit rises 48.1% to Rs 503 crore
MUMBAI: IDFC First Bank reported a 48.1% jump in net profit to Rs 503 crore for the third quarter ended December, from Rs 339 crore in the corresponding quarter last year. The increase was helped by higher core income, lower sequential provisions and an improvement in asset quality.The bank’s bottom line improved aided by stronger…
A Hawkish Kevin Warsh at the Fed Could Haunt Bessent
The Treasury Secretary Scott Bessent tried to avoid providing President Trump with a clear recommendation to lead the central bank. Source link
Forex reserves mark new all-time high above $709 billion, led by gold and FCAs
India’s foreign exchange reserves rose by a sharp $8.053 billion to touch a new all-time high of $709.413 billion in the week ended January 23, extending the recent rebound after months of pressure from rupee volatility, according to data released by the Reserve Bank of India.The latest rise follows a jump of $14.167 billion in…
Kevin Warsh Has a Tough Job Ahead. It’s Not the First Time.
Mr. Warsh is known as a consensus builder, skills he will need if he is to head the Federal Reserve when President Trump is demanding rock-bottom rates. Source link
February 2026 bank changes: These rules are changing as SBI, HDFC Bank, ICICI Bank and PNB revise charges and card benefits
Several banking and card-related changes will come into effect from February 2026, affecting everyday transactions, credit card benefits and compliance requirements for customers of State Bank of India, ICICI Bank, HDFC Bank and Punjab National Bank, according to ET.Among the key changes, SBI will revise service charges on certain IMPS transactions from February 15, 2026….
Union Budget 2026: Education sector bets on skilling, digital infra and teacher upskilling
As the Union Budget 2026–27 approaches, education stakeholders across schools, higher education, skilling, and edtech are calling for focused policy measures and financial support to strengthen learning outcomes, employability, and workforce readiness. These expectations come amid a steady rise in education allocations over the past few years and an increased emphasis on execution and infrastructure.The…
Weak demand, PPA delays stall 45 GW of renewable projects despite grid connectivity
A determined farmer integrates solar power into his rural Indian landscape, balancing tradition with a sustainable future. NEW DELHI: Relatively slow growth in electricity demand in 2025–26, surplus power availability during solar hours leading to weak demand, and assured power availability for discoms after 2028–29 are among the reasons why renewable energy implementing agencies (REIAs)…
Budget 2026: From briefcase to bahikhata — How the red ledger entered Parliament
With Budget 2026 just a day away, focus has returned to Union finance minister Nirmala Sitharaman’s red bahi khaata and what it could hold for different sectors. First introduced in 2019, the traditional red ledger has since een representing not just a functional item, but a conscious shift away from colonial-era customs, towards a more…
Can Josh D’Amaro Break Disney’s Succession Curse?
Josh D’Amaro is widely considered a front-runner to be the company’s next C.E.O. His biggest challenge might be escaping Bob Iger’s shadow. Source link