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Deposit growth lags credit in March quarter - ETCFO

Deposit growth for South Indian Bank, Central Bank of India, and Punjab & Sind Bank ranged from 5.5% to 8.7% year-on-year in the March quarter, while credit growth was quicker, at around 10% to 16%. These banks also saw a reduction in their CASA ratio.

Source: cfo.economictimes.indiatimes.com
April 03, 2025 | 02:33:57
Category: News

Dollar slides as traders rush into safe havens after US tariffs - ETCFO

The U.S. dollar fell on Thursday after President Trump announced new tariffs targeting around 60 countries, escalating trade tensions and impacting global markets. Investors moved towards safe havens like the yen and Swiss franc, while the euro showed resilience.

Source: cfo.economictimes.indiatimes.com
April 03, 2025 | 02:38:00
Category: News

Oil sinks nearly 3% after Trump announces sweeping new tariffs - ETCFO

Oil prices fell by approximately $2 after President Trump's announcement of new tariffs on trading partners, inciting fears of a global trade war affecting crude demand. The move led to a decline in Brent and U.S.

Source: cfo.economictimes.indiatimes.com
April 03, 2025 | 02:39:07
Category: News

Safe-haven gold hits record peak as Trump announces sweeping tariffs - ETCFO

Gold surged to a record high as investors sought safe-haven assets following President Trump's announcement of aggressive tariffs. The new tariffs, including a 10% baseline on all U.S. imports and higher duties on vehicles, have exacerbated global trade tensions and heightened market uncertainty.

Source: cfo.economictimes.indiatimes.com
April 03, 2025 | 02:39:45
Category: News

Companies face a new reality of Trump tariff chaos - ETCFO

U.S. President Donald Trump has imposed significant global tariffs ranging from 10% to nearly 50%, causing businesses to consider raising prices, reducing shipments, and cutting investments. This move is expected to raise costs, threaten jobs, and slow economic growth while impacting everyday ...

Source: cfo.economictimes.indiatimes.com
April 03, 2025 | 02:43:33
Category: News

EY Upgrades Nightfall With Zero-Knowledge Tech for Private Ethereum Transactions

EY's upgrade removes waiting periods and retains privacy-enhancing features while adding near-instant finality over a simplified architecture.

Source: decrypt.co
April 03, 2025 | 03:10:21
Category: News

Peter Thiel-Backed Nonprofit Sentient Aims To Be America's DeepSeek, Takes Aim At Closed AI Systems - Microsoft ( NASDAQ:MSFT ) , NVIDIA ( NASDAQ:NVDA )

Sentient, a San Francisco-based AI development lab backed by Peter Thiel's Founder's Fund, has unveiled its open-source AI search framework, positioning its work as a response to China's DeepSeek.

Source: www.benzinga.com
April 03, 2025 | 03:47:46
Category: News

EU preparing further countermeasures against U.S. tariffs if negotiations fail: EC President von der Leyen

The EC president said that Trump's move was a "major blow" to the world economy.

Source: www.cnbc.com
April 03, 2025 | 03:52:36
Category: News

Thailand's Maha Songkran World Water Festival 2025 Set to Make Global Splash

UNESCO-listed celebration to anchor Thailand's Grand Tourism and Sports Year; position the Kingdom among the top 10 global festival destinations

Source: www.benzinga.com
April 03, 2025 | 04:00:00
Category: News

US House committee passes stablecoin-regulating STABLE Act

The US House Financial Services Committee has passed a Republican-backed stablecoin framework bill, which will now head to the House floor for a full vote.The Committee passed the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act, with a 32-17 vote on April 2.

Source: cointelegraph.com
April 03, 2025 | 04:02:31
Category: News

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