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Warsh was chosen to lead the US central bank by Trump, who has made his demand for lower interest rates clear as he has exerted unprecedented pressure on the independent monetary policy making body. After two days of closed-door sessions, the Fed's open market committee (FOMC) wi

Net profit at the lender was Rs 463 crore in the same quarter last year. NII, the difference between interest earned and interest paid, increased 21% YoY to Rs 5,972 crore from 4,933 crore a year earlier. Return on Assets (ROA) for the quarter improved to 1.06%, compared to 0.54%

Mayors to get tax cash and Streeting 'bid to win back Trump' - Published The Sunday Times says, external Prime Minister Andy Burnham will give England's metropolitan mayors a share of income tax to spend in their cities, in devolution plans to be announced next week. It says the

Here are 5 factors that will decide the mood of the market: 1) US Fed meeting – The Federal Reserve's upcoming meeting from July 28-29 is expected to provide fresh clues on the future path of interest rates as oil prices surge and concerns over threats to the Strait of Hormuz gro

Indian stock market: The Indian stock market remained volatile this week, with the benchmark indices extending their losses as a sharp rise in crude oil prices and renewed geopolitical tensions dampened investor sentiment. Banking stocks were the biggest laggards after mixed Q1 F

A Federal Reserve that has zipped its lip on the path for its future interest-rate moves, an unexpectedly resilient U.S. economy, and renewed hostilities with Iran have together driven a selloff in the world’s largest government bond market. In turn, bond prices have slumped, imp

Monday.com, the Tel Aviv-based work management software company known for its colorful, customizable project-tracking boards, this week became the latest tech company to cite AI as a factor in job cuts. On Wednesday, the company said in an SEC filing that it will lay off about 20

Expert view: Ajay Modi, Director at Piper Serica - a Mumbai-based, SEBI-registered Category I and Category II Alternative Investment Fund (AIF), believes semiconductors, spacetech, and deeptech industries have the potential to create $500 billion to $1 trillion worth of market op

The notorious Cameroonian prison with its own record label - Published New Bell - a notorious prison in Douala, Cameroon - is a city within a city. The facility has its own "taxis" (inmates who whizz through congested courtyards on foot to hand deliver messages), its own law enfo

Primark's new 'supermarket tactic' to woo customers in online price war - Published "Primark isn't as cheap any more." It is something I keep hearing shoppers say when I ask them whether they shop at the fast-fashion giant. "It's definitely got more expensive," says 19-year-old s

Rental searches for pet friendly properties drop after law change - Published Rightmove searches for rental properties that allow pets have plummeted since law changes gave renters more rights. Following the introduction of the new rules, pet searches dropped by more than 50% in

Memory Frenzy Primes China Champion CXMT for Historic Debut Investor excitement over the memory chip trade is setting outsize expectations for the Shanghai debut of CXMT Corp., which is on the brink of making history after a near-record initial public offering. The company former

People call me the sex MP but we need to be educating - Published When Samantha Niblett launched the Yes Sex Please, We're British! campaign earlier this year, it did not take long for the jokes and criticism to start flying - and for her to be given a new nickname. "Now in times

What a week's work experience taught these Year 10s about their futures - Published When Kelsey first arrived at secondary school, she said she wanted to be almost anywhere else but there. She struggled with friendships, clashed with teachers and often tried to avoid coming into

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Sunscreen doesn't cause cancer. Why do those claims keep spreading? Social media posts wrongly claiming that sunscreen causes cancer have been spreading widely online. And, as rates of skin cancer continue to rise, health experts worry that such baseless claims could discourage p

On the fourth series of Love Island UK in 2018, Megan Barton-Hanson pulled fellow Islander, Wes Nelson, for a chat. Just moments earlier, she had ended her relationship with Eyal Booker after admitting the pair had little more than physical chemistry. Now, sitting opposite Wes, w

I thought the Lockerbie bombing was a closed case until I started asking questions - Published I was only a year old when the UK's deadliest terror attack shocked the world. In December 1988, Pan Am flight 103 exploded over the Scottish town of Lockerbie, killing all 259 people o

Pizza, pasta, potatoes, protein - how Italian children became so overweight - Published Daily life is not easy for Salvatore. At 17, he weighs 170kg (26st 10lb) and struggles to walk. He can't tie his own shoelaces and his Vespa scooter strains to bear his weight - in one week, i

Another UK heatwave looms after cooler end to weekend - Published Another UK heatwave could be declared next week as temperatures are once again forecast to intensify across England and parts of Wales. Following some much-needed rain in the north and north-west of the UK this wee

Joshua knocked down twice as dramatic win sets up Fury fight - Published Anthony Joshua suffered two knockdowns - the first happening after just 20 seconds - before recovering to dramatically stop Kristian Prenga in the second round of his comeback fight in Jeddah, Saudi Arabia.

Ramsay-Peaty in tears after missing out on gold again - Published After tears in Paris, tears again in Glasgow. It leaves even the great Adam Ramsay-Peaty wondering how much of this is worth it. "I work a lot harder than what it says on the scoreboard," the Englishman said after

Littler sets up Price final at World Matchplay - Published Defending champion Luke Littler strolled into the World Matchplay final with a 17-5 demolition of unseeded Dirk van Duijvenbode in Blackpool. The world number one raced in an 8-2 advantage and was averaging 117.10 and on

Arsenal explore Vinicius Jr move - Sunday's gossip 1 of 5 - Published Arsenal explore move for Vinicius Jr, Inter Milan interested in Cristian Romero and Real Madrid bid for Yan Diomande rejected, plus more. Arsenal are exploring a move to sign Brazil winger Vinicius Jr if the 26