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With a decentralised Application Programming Interface (API)-based model aimed at reducing costs, lowering latency and improving service delivery for market participants, market regulator Sebi on Tuesday proposed a major overhaul of the existing Straight-Through Processing (STP) framework seeking to replace the current centralised hub-based structure, PTI reported.In a consultation paper, Sebi proposed removing the current…
The risk for Chinese economy is that strong exports may no longer be enough to offset weakness at home. Driving the newsChina’s economy has unexpectedly staggered into the second quarter. Factories slowed, consumers pulled back and investment unexpectedly shrank, delivering one of the clearest signs yet that Beijing’s recovery is being squeezed from both sides:…
The International Monetary Fund (IMF) on Thursday warned that continued disruptions from the Iran war are pushing the global economy closer to an “adverse” scenario marked by slower growth, tighter financial conditions and rising inflation risks, AFP reported.Last month, the IMF’s World Economic Outlook projected global growth at 3.1 per cent for 2026 under its…
US President Donald Trump’s team’s arrival in Beijing was marked amid a digital lockdown. Accompanied by some of America’s most influential business and technology leaders, even as US officials travelling with the delegation operated under strict cybersecurity precautions.Among the executives joining Trump on the trip were Nvidia chief Jensen Huang, Apple chief Tim Cook, Tesla…
The ongoing conflict in West Asia has not yet had a major impact on India’s retail inflation, though future price trends will depend on fuel costs, crop coverage and global supply conditions, according to a report by State Bank of India.The report said the trajectory of inflation in the coming months would largely be shaped…
MUMBAI: The Board of Control for Cricket in India (BCCI) has warned IPL franchises about the dangers of ‘targeted compromise and honey-trapping’ during the league, while simultaneously tightening security, access and behavioural protocols around players, support staff and franchise owners. In a detailed seven-page advisory sent to franchises on Thursday night, BCCI secretary Devajit Saikia…
Taylor Swift and Travis Kelce’s wedding takes a new turn as the pop star amps up her security Taylor Swift and Travis Kelce are set to step into one of the most exciting phases of their lives as the world waits for their multi million dollar wedding which is slated to be one of the…
Cooking oil plays a crucial role in both nutrition and food preparation. It is said to be the primary source of energy and essential fatty acids that the human body needs for cell function, brain health, and hormone production as well. It also helps in the absorption of fat-soluble vitamins like A, D, E, and…
US Federal Reserve Governor Michael Barr has warned that stress in the fast-growing private credit market could trigger “psychological contagion” and spill into the broader financial system, Reuters reported citing an interview with Bloomberg News.Barr said direct links between banks and private credit firms do not currently appear “super worrisome”, but other areas such as…
US Federal Reserve Governor Michael Barr has warned that stress in the fast-growing private credit market could trigger “psychological contagion” and spill into the broader financial system, Reuters reported citing an interview with Bloomberg News.Barr said direct links between banks and private credit firms do not currently appear “super worrisome”, but other areas such as…
