Reserve Financial News

09.09 / 05:27

COST Provident stage social classical controversy Reserve India vs Pakistan: Controversy erupts over reserve day for Asia Cup match; netizens react with memes

90% chance of heavy rainfall predicted for September 10, the day the match is scheduled. The ACC stated that if rain interferes, the match will continue from where it left off on the reserve day. However, the decision to allocate a reserve day only for this particular match has raised eyebrows.

08.09 / 09:07

stage Reserve RBI to discontinue incremental cash reserve ratio in a phased manner

RBI) on Friday announced that it will discontinue the incremental cash reserve ratio (I-CRR) in a phased manner. “On a review, it has been decided to discontinue the I-CRR in a phased manner," RBI said in a release.

08.09 / 08:15

Reserve Asia Cup 2023: Reserve day confirmed for India vs Pakistan match in case it rains on 10 September. Check here

Asian Cricket Council says, "A reserve day has been incorporated for the Super11 Asia Cup 2023 Super 4 match between India vs Pakistan scheduled to take place on 10th September 2023 at R. Premadasa International Cricket Stadium in Colombo.

06.09 / 17:43

Government regulation Federal Reserve Congress Senate Reserve vice chair US Senate confirms Philip Jefferson as Federal Reserve vice chair

Federal Reserve governor Philip Jefferson has won confirmation from a majority of members of the United States Senate, placing him in position to become the Fed's next vice chair.

05.09 / 09:16

COST Lowe's Target Browser show Reserve RBA interest rates: official cash rate left unchanged by Reserve Bank of Australia at 4.1% for a third month

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31.08 / 13:39

show Reserve Federal Reserve's preferred inflation gauge shows a modest rise in latest sign of slowing price increases

Federal Reserve's preferred inflation gauge shows a modest rise in latest sign of slowing price increases

28.08 / 12:49

Upbit Bithumb crypto regulation Reserve South Korean Crypto Exchanges Mandated to Maintain Reserve Funds of $2.3 Million

South Korean cryptocurrency exchanges will be required to maintain a reserve fund of at least 3 billion won (approximately $2.3 million) in designated bank accounts starting September.

28.08 / 10:31

UPS Reuters Platform show tenor Reserve Reserve Bank of India's liquidity withdrawal pushes bank CD issuances to 3-month high

Reserve Bank of India's move to withdraw liquidity from the banking system has forced lenders to scout the market for funds, pushing up the issuances of certificates of deposits (CDs) to a three-month high for the previous fortnight. Banks raised over 350 billion rupees ($4.24 billion) via CDs in the fortnight ended Aug. 25, data from CCIL's F-Trac platform showed.

25.08 / 16:33

Progressive NASDAQ DOW Remark Reserve US Federal Reserve Chair Jerome Powell's Jackson Hole speech: 5 key takeaways

Inflation could reaccelerate: Fed Chair Jerome Powell acknowledged that the inflation situation is improving and the economic outlook is more favorable now than it was a year ago. However, the central bank is ready to raise to interest rate further, and resilience in the economy comes with the risk of inflation reacceleration. "At upcoming meetings, we will assess our progress based on the totality of the data and the evolving outlook and risks," Powell said.

25.08 / 16:01

Stablecoin Tether USDT Market cap Backed Reserve reserves Tether Reserves Report: USDT Maintains Dominance With $86.1 Billion Total Assets, Over 100% Reserve-Backed

Stablecoin issuer Tether posts its total assets at $86.1 billion as it maintains its leading market share despite growing competition and uncertain regulatory conditions.

25.08 / 14:32

Reserve US Federal Reserve 'prepared to raise rates further' on too-high inflation: Jerome Powell at Jackson Hole

US Federal Reserve 'prepared to raise rates further' on too-high inflation: Jerome Powell at Jackson HoleGet the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!

24.08 / 16:30

NASDAQ DOW Manufacturing NVIDIA track Reserve Stock market today: Wall Street slips ahead of a highly anticipated speech from the Federal Reserve

Stocks are slipping on Wall Street, despite a blowout profit report from one of its most influential companies, after a couple mixed reports on the U.S. economy

22.08 / 18:49

COST UPS Lowe's Target show Reserve banking system Banking system liquidity in deficit as incremental cash reserve ratio kicks in

banking system has slipped into a deficit for the first time in FY24 as the Reserve Bank of India's (RBI) decision to impound a chunk of banks' extra funds — and hence reduce inflation risks — has led to a cash shortfall amid tax outflows. Daily central bank data showed that the RBI injected funds worth ₹23,644.4 crore into the banking system on August 21, marking the first infusion of cash since March 27. An injection of funds by the RBI reflects deficit liquidity conditions in the banking system. In its last policy statement on August 10, the RBI announced an incremental cash reserve ratio (ICRR) of 10% that banks must maintain on the rise in their deposits from May 19 to July 28.

22.08 / 13:15

country Reserve approved Dholpur-Karauli tiger reserve in Rajasthan approved

India got its 54th tiger reserve in Rajasthan's Karauli and Dholpur districts on Tuesday with the National Tiger Conservation Authority (NTCA) approving a proposal in this regard. This is Rajasthan's fifth tiger reserve after Ranthambore, Sariska, Mukundra Hills and Ramgarh Vishdhari. «Giant leap for wildlife conservation in Rajasthan.

17.08 / 18:51

regulation Federal Reserve FTX Reserve Federal Reserve issues enforcement action against FTX-linked US bank

The Federal Reserve Board of the United States and the Washington State Department of Financial Institutions have announced an enforcement action against Farmington State Bank, a financial institution whose parent company received more than $11 million from Alameda Research.

17.08 / 12:45

economics US Interest rates Fed Future rate hikes interest rate hikes Reserve Federal Reserve officials split over future path for interest rate hikes

After hiking interest rates to their highest in 22 years last month, the central bank’s Federal Open Market Committee minutes revealed cracks in the consensus among members.

16.08 / 21:43

COST UPS Provident Target Progressive track rate hikes Threat Reserve Federal Reserve minutes: Too-high inflation, still a threat, could require more rate hikes

Most Federal Reserve officials last month still regarded high inflation as an ongoing threat that could require further interest rate increases, according to the minutes of their July 25-26 meeting

15.08 / 07:07

Reserve Bank of Zimbabwe Backed Reserve Reserve Bank of Zimbabwe Set to Launch Gold-Backed Digital Token (GBDT) for Retail Use Following Successful Investor Interest

The Reserve Bank of Zimbabwe (RBZ) has announced its advanced plans to launch Gold-Backed Digital Token (GBDT) for retail purposes following its successful reception among investors, a success the Bank hailed as "commendable" in a recent report.

10.08 / 16:19

business Stablecoin regulation economy Reserve Stablecoins could be key to upholding US dollar’s global reserve status: WSJ op-ed

Stablecoins are at the heart of a dollar-based revolution and could be a pivotal factor in keeping the U.S. dollar the dominant global currency, according to an Aug. 9 opinion piece published in The Wall Street Journal.

09.08 / 09:49

Stablecoin Federal Reserve crypto regulation Reserve crypto activities Federal Reserve Establishes Program to Monitor Crypto Activities in US Banks

The U.S. Federal Reserve has introduced a new set of guidelines aimed at closely monitoring banks' involvement with cryptocurrencies.

03.08 / 17:21

UPS Target Action Strategy Reserve Biden delays plans to restock nation’s emergency oil reserve

The Biden administration is delaying plans to restock the nation’s emergency oil reserve amid a price hike that has pushed oil above $80 a barrel

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