International Financial News

Ricky Ponting pointed out that star India batter Virat Kohli is popular in Australia because of his passionate and aggressive approach to the game, especially to its longest format. After a disastrous home season with the bat against Bangladesh and New Zealand and underwhelming Test numbers over the years, which includes just two centuries, Virat would be making his fifth and one of his toughest tours to Australia. All the speculation around Virat's form, future in Test cricket and lack of centuries have not affected his hype in Australia as newspapers feature posters and attractive images/slogans highlighting the larger-than-life status the batter enjoys in Australia. Ponting spoke with host Sanjana Ganesan on the most recent episode of The ICC Review and the Australian legend spoke glowingly of the former India captain ahead of the upcoming battle for the Border-Gavaskar Trophy Down Under.

If you’ve been following the news, you’ve probably heard that investment banking revenues are back. You might even be expecting a bigger bonus as a result. Unfortunately, you may be wrong.

Jonathan Bloomer wasn't a chairman of Morgan Stanley International in the investment banking sense of the word. He was a chairman of Morgan Stanley International in the standard sense of the word: Bloomer has chaired Morgan Stanley's London board of directors since 2016 as part of a portfolio of non-executive director roles. Now, Morgan Stanley may sadly need to find someone else. 

Subscribe to enjoy similar stories. Maruti-Suzuki, India’s largest carmaker, told investors last month that demand for cars remained “muted" and that it was planning higher discounts to push sales. It is also pinning hopes on sales of premium cars in rural areas, as is Hindustan Unilever, the country’s largest mass consumer packaged goods firm.

Brazil’s president has opened the second day of a meeting of the world’s 20 major economies by calling for more action to slow global warming, saying developed nations must speed up their initiatives to reduce harmful emissions

Deloitte India’s domain expertise with Securiti’s technology platforms to deliver tailored, end-to-end security solutions for businesses navigating increasingly complex regulatory requirements.The partnership aims to support organisations in automating privacy operations, improving Data Security Posture Management (DSPM), and enhancing compliance frameworks. This comes in the context of regulatory developments such as India’s Digital Personal Data Protection Act (DPDPA), which emphasises data protection, consent, and transparency.

Bank managers and financial authorities need to develop ways to react more quickly and effectively to bank runs, such as the one that led to the collapse of California-based Silicon Valley Bank last year, leaders of G20 countries were warned on Monday.

The report by the International Atomic Energy Agency said that as of Oct. 26, Iran has 182.3 kilograms (401.9 pounds) of uranium enriched up to 60%, an increase of 17.6 kilograms (38.8 pounds) since the last report in August. Uranium enriched at 60% purity is just a short, technical step away from weapons-grade levels of 90%.

Subscribe to enjoy similar stories. A quiet transformation is underway at the heart of the Tata group-owned Indian Hotels Co. Ltd (IHCL).

Journalist unions in Greece have launched a 24-hour strike, joining broader labor unrest on the eve of a nationwide general strike

The Cabinet had in August, approved 12 new project proposals under the National Industrial Corridor Development Programme (NICDP) with an estimated investment of Rs 28,602 crore spanning across 10 states. “These industrial smart cities, represent the next generation of connected, self-sustaining hubs that will support local communities and elevate India’s global standing,” the Department for Promotion of Industry and Internal Trade (DPIIT) said in a statement on the eighth anniversary of four industrial corridors namely Amritsar-Kolkata Industrial Corridor (AKIC), Chennai-Bengaluru Industrial Corridor (CBIC), East Coast Economic Corridor (ECEC), and Bengaluru-Mumbai Industrial Corridor (BMIC).

New York Post reported that the photograph featured other world leaders which included Chinese President Xi Jinping prominently positioned at the center while Russian Foreign Minister Sergey Lavrov was less visible in the back row. Also Read: Lionel Messi-Argentina vs Peru free live streaming: Prediction, kick-off time, how to watch

RBI Deputy Governor Swaminathan J has asked banks to follow KYC guidelines with both «precision and empathy», failing which regulatory actions will be taken against them by the central bank. Addressing a Conference of Directors of Private Sector Banks here on Monday, the Deputy Governor also expressed concern that in many cases, customer grievance mechanisms, including the Internal Ombudsman structure, are treated more as a formality than as a robust, effective resource. The Internal Ombudsman mechanism should be more than words on paper; it should operate with the spirit and diligence necessary to resolve issues impartially and promptly, he said. Bank boards, he said, should work towards building customer-centric banks where every individual, regardless of age, income, or background, feels valued and respected.

In a report published on Monday (18 November), the financial watchdog said migration to the T+1 settlement should take place by an «optimal date» of 11 October 2027, while urging a «coordinated approach» across Europe to achieve this timeline. The regulator said it considered the industry to need at least 31 months to prepare and make the necessary investments and adapt processes, as well as the urgency to address the «misalignment» with international capital markets. IA urges UK, EU and Swiss regulators to align T+1 settlement rollout timeline ESMA said the operationalisation of T...

Subscribe to enjoy similar stories. A decade ago in Chennai, bars were the exclusive prerogative of five-star hotels as they needed to sell rooms to serve liquor. Gradually, stand-alone cafés, restaurants and bars opened around town.

Subscribe to enjoy similar stories. This year’s United Nations Climate Change Conference (CoP-29) in Baku is taking place against a tumultuous geopolitical backdrop. In addition to shifting strategic alliances, trade tensions and violent conflict, the ‘year of elections’ has ushered in a period of heated political rhetoric and led to changes of government.

International Men’s Day is not just about the contributions men make, but about who they are at their core—their kindness, their big hearts, their courage, and their unwavering love.

Xi Jinping warned Monday the world faces «turbulence,» as G20 leaders met in Brazil two months before Donald Trump returns to the White House. US President Joe Biden was attending his last summit of the world's leading economies, but as a lame duck eclipsed by Xi who has cast himself as a protector of the international order in the Trump 2.0 era. World leaders are meeting for two days to try to jumpstart stalled UN climate talks and overcome their differences on wars in the Middle East and Ukraine, and extracting more tax from the super-rich.

G20 Summit in Brazil on Monday and Tuesday will bring leaders of all major economies together once again. The task before them is cut out. Prime Minister Narendra Modi is representing India for a record eleventh successive time. Such continuity is an advantage in a world of turmoil...when there is a deficit of global governance. Nothing is more powerful than the force of example. Since the first G20 Summit in 2008, and particularly since 2014, India has been a source of economic stability and growth. India, the fastest growing large economy, has quadrupled its GDP to almost $4 trillion since 2008. It is on track to become the third-largest economy in the next few years.

Theranautilus, which develops nanorobotic solutions for healthcare, has raised $1.2 million in seed funding from Pi Ventures. The funding round also saw participation from Golden Sparrow Ventures and angel investors including Lalit Keshre, CEO of Groww, and Abhishek Goyal, founder and CEO of Tracxn. With the new funds, Theranautilus, incubated at the Indian Institute of Science (IISc), plans to establish an International Organisation for Standardisation (ISO)-certified manufacturing facility to commercialise nanorobotics-based medical devices, initially focusing on dental care applications and filing new international patents.

Prime Minister Kyriakos Mitsotakis says Greece is set to make an early repayment of 5 billion euros or $5.3 billion in bailout-era debt in 2025