In a world where online fraud and cyberattacks constantly create hurdles in the adoption of digital payments, therefore to prevent online and digital data breaches tokenization is introduced by RBI. However due...
Kuwait is a small country located between Iraq and Saudi Arabia on the Persian Gulf. Its economy is primarily dependent on oil which makes it one of the wealthiest nations in the...
The USD (United States Dollar) tops the list of most traded currencies. It is issued by the Federal Reserve (Fed). It is the official currency of the United States. It accounts for...
Forex is an abbreviation for Foreign Exchange. It is the transaction of exchanging one currency for another. It can be performed for a variety of reasons, including commercial, tourism, and to enable...
Indermit Gill will be the second Indian national to become the chief economist of the World Bank, after Kaushik Basu.
Gill is currently the World Bank's vice president for equitable growth, finance, and...
In a bid to tackle chronic hyperinflation, Zimbabwe has launched new gold coins which will have "liquid asset status". This means they can be converted to cash, traded locally and internationally, and...
Today on 25th July 2022, Central Bank of India declared their first quarter result for the financial year 2022-23.
Major highlights of Central Bank of India Q1 result press release:
Bank earned Net...
The Asian Development Bank has downgraded its forecast for gross domestic product growth in developing Asia this year. The sole reason for this is China's Covid Zero approach. The measure of containing...
A floater fund is a fund which invests in financial instruments with a debt orientation, they provide you with a variable or ‘floating interest rate’ and thus, the name. Investors prefer debt...
The rupee falling in India can seriously impact the economy and the common person. It is a calling for several financial disturbances for the country as well as the common person.
The following...