Bangko Sentral ng Pilipinas is watching the peso's drop closely and has stepped up intervention in the currency market, Governor Eli Remolona said Friday. Brazil's central bank has spent $17 billion in the past week to support the real, while Bank Indonesia vowed to guard the rupiah "boldly" to build market confidence. In Europe, Hungary's central bank joined the trend, raising the interest rate on its foreign-currency swap tender to calm markets.
هذه القصة مأخوذة من طبعة December 23, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 23, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Mahakumbh Opens Today With ₹25K Cr Revenue Hope
400 mn may join the 45-day congregation; UP expects ₹2 trn economic spinoff
SpaDeX: Isro moves two satellites as close to 3 metres in a trial attempt
Isro on Sunday said the two satellites launched to perform space docking experiments were brought within three metres and then moved safely back in a trial attempt.
AI's future in India: A journey marked by small wins and bigger gaps
Even as Microsoft Chairman Satya Nadella, who was in India last week, asked India to leverage its mathematical talent to undertake core research in artificial intelligence (AI), the country's aim to become a major player in the global AI sweepstakes faces numerous challenges.
COLLATERAL IMPACT
US sanctions on Russian oil supply chain threaten disruption for Indian refiners. What is the way out?
Are consumers paying exorbitant price for farm products?
Agriculture Minister Shivraj Singh Chouhan recently flagged a gap between prices paid by consumers and those received by farmers. Often, wholesale and consumer food prices are compared to broadly assess this.
What lies ahead in the Year of the Snake?
Will we see a new trend with the sector shedding its skin and transforming itself? Or will the theme of the year remain continuity with change?
An SIF push to deepen the corporate bond market
A nudge to deepen India's corporate bond market is here, with the Securities and Exchange Board of India (Sebi) introducing a new asset class called Specialised Investment Funds (SIFs).
Field agents at a crossroads
The business correspondent channel is sought to be reworked with more offerings being hawked on it, reports RAGHU MOHAN
'Onboarding in retail credit has to be reworked'
Scienaptic AI, a credit-decision solutions platform offers technology to enable lenders to make more accurate and efficient decisions throughout a customer's life cycle — from initial application to management. And it helps them revisit legacy onboarding and credit underwriting processes. In recent times, the Reserve Bank of India has called attention to the runaway growth in retail credit and the risks arising from it. JOYDIP GUPTA, head of Asia Pacific at Scienaptic AI interacted with Raghu Mohan via email on the issues involved. Edited excerpts.
Direct stock investors: Seek refuge in quality stocks
MF investors should limit exposure to volatile categories like smallcap and momentum
