Japanese yen hits 16-year low against euro
The unit hit 164.48 per euro — its weakest since 2008 — as the difference between European Central Bank rates and the BoJ remained wide enough to prevent traders shifting their focus to Japan.
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Nifty, Sensex rise on buying in auto metals; investors await US Fed meet outcome
Global cues were positive as Wall Street#39;s three major indices ended in the green with SP 500 closing at a fresh record high. Asia markets were also trading higher.
Read MoreLending rates to start easing only in second half of FY’25: Report
Bank deposit rates are unlikely to rise further. But the structural shift in the system will keep downward rigidity intact. Hence, banks’ lending rate is expected to remain high in FY’25 with some modest softening towards the end.
Read MoreLending rates to start easing only in second half of FY’25: Report
Bank deposit rates are unlikely to rise further. But the structural shift in the system will keep downward rigidity intact. Hence, banks’ lending rate is expected to remain high in FY’25 with some modest softening towards the end.
Read More
Indian infra lender considers bond sale to raise up to $4.8 billion
NaBFID, as the institution is called, is likely to sell bonds with tenors spanning from 10 to 20 years in the financial year starting April 1, the people said, asking not be identified because the details are private.
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Microsoft hires DeepMind co-founder Mustafa Suleyman to run consumer AI
Mustafa Suleyman, who co-founded Google’s DeepMind, will report to Chief Executive Officer Satya Nadella and oversee a range of projects, such as integrating an AI Copilot into Windows and adding conversational elements to the Bing search engine.
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