IndusInd Bank on Wednesday disclosed a suspected case of internal fraud involving its microfinance operations, with Rs 172.58 crore wrongly recorded as fee income across three quarters in the ...

WELLINGTON: New Zealand’s central bank cut its benchmark rate by 25 basis points to 3.25% and flagged a slightly deeper easing cycle than it forecast three months ago, underlining the growing ...

The World Bank has delivered a mixed economic scorecard on President William Ruto's administration. In a new report on Kenya published Tuesday, the World Bank highlighted improvements in key ...

A Pittsburgh councilman is warning that the city’s land bank will be broke by the end of next year unless a future funding source is found. “It’s an immediate concern,” Councilman Bobby ...

India has expressed deep concerns over the potential misuse of the $800 million ADB aid package to Pakistan as the country is increasing its defence expenditure, despite the poor fiscal position ...

“Any bank which offers 6–7% in a savings account or 1–2% more in FDs is a red flag,” Chadha posted on X. “They will have to lend at higher rates through PL [personal loans ...

South Korea’s central bank cut its policy interest rate by 25 basis points Thursday as the country faces a double-whammy of protracted political turmoil and Trump’s sweeping tariffs. The Bank of Korea ...

IndusInd Bank has revealed a potential case of internal fraud within its microfinance operations, where Rs 172.58 crore was inaccurately recorded as fee income in the financial year 2024–25.

A big bank executive has revealed savvy Aussies are outsmarting sky-high property prices and the soaring cost of living, with shock trends emerging since rate cuts. In a surprise move considering ...

India highlighted that Pakistan's tax collection as a share of GDP declined from 13.0% in FY2018 to 9.2% in FY2023 and continues to remain way lower than the Asia and Pacific average of about 19.0%.