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2025-09-24 02:30:00| The Economic Times

India is planning to allow more foreign investment in Public Sector Banks. The current limit is 20%. The government wants to strengthen these banks. This will help them raise more capital. The government will keep at least 51% stake. This ensures the banks remain public. The goal is to make them globally competitive.

Category: News and Media
 

2025-09-24 02:19:34| The Economic Times

The digital euro project is gaining momentum, potentially launching in mid-2029, according to ECB's Piero Cipollone. Euro-area finance ministers have reached an agreement on customer holding limits, marking a significant step forward. Discussions among member states are progressing positively, suggesting a concrete timeline for the digital currency's introduction.

Category: News and Media
 

2025-09-24 02:15:33| The Economic Times

BlackRock's Raffaele Savi remains optimistic about equities, citing strong growth drivers and investor caution outside US tech. He dismisses dot-com comparisons, highlighting real revenues in today's tech firms. Savi emphasizes quant funds' role in providing steady returns and the importance of combining AI with human judgment to navigate market shifts, advocating for equity-heavy portfolios for better retirement outcomes.

Category: News and Media
 

2025-09-24 02:01:27| The Economic Times

Money managers are advising wealthy Indian investors to consider higher-risk debt options. These options include deals from Shapoorji Pallonji and Pharmeasy. Minimum investments are significantly higher, creating an exclusive market. These private debt transactions offer double-digit returns. However, they come with limited liquidity and increased risk. Experts emphasize the importance of understanding these risks before investing.

Category: News and Media
 

2025-09-24 01:55:09| The Economic Times

The Indian rupee plummeted to a record low of 88.7975 against the dollar, becoming the worst-performing Asian currency due to rising US visa fees and trade tensions. These factors threaten India's IT sector and remittances, exacerbating pressures from high tariffs and weak foreign investment. The RBI's limited intervention suggests a possible strategy to aid exporters amidst trade uncertainties.

Category: News and Media
 

2025-09-24 01:01:07| BBC News | Business | World Edition

A growing number of young adults now say the rising cost of running a home means they can't afford their own place.

Category: News and Media
 

2025-09-24 01:01:07| BBC News | Business | World Edition

A growing number of young adults now say the rising cost of running a home means they can't afford their own place.

Category: News and Media
 

2025-09-24 01:01:03| BBC News | Business | World Edition

The regulator's plans could be in place by the end of January, but it warns total bills won't fall.

Category: News and Media
 

2025-09-24 01:01:03| BBC News | Business | World Edition

The regulator's plans could be in place by the end of January, but it warns total bills won't fall.

Category: News and Media
 

2025-09-24 00:02:14| Chicago Tribune news - Business

The network has carved out its own niche behind the big three Fox News, MSNBC and CNN   with some big-name stars backed by an army of local TV reporters and a middle-of-the-road mindset.

Category: News and Media
 

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