The landscape of India’s financial crime compliance sector is set to evolve, generating over 19,000 specialized roles by 2030. As financial institutions bolster their AML and KYC frameworks, workforce numbers are anticipated to rise significantly. However, a lack of skilled…
Read More
Domestic credit cards’ growth remained healthy at 9.5 per cent year-on-year (YoY), even as overall spending across the sector declined on account of an elevated base from the previous year, according to a report by Jefferies.
Read More
India and Mexico have signed the Terms of Reference to initiate negotiations on a Preferential Trade Agreement. This agreement aims to enhance bilateral trade and investment opportunities between the two countries. Key negotiating areas include market access, customs procedures, and…
Read More
With investors caught between low-risk arbitrage funds and high-risk equity, PMS and AIF products, AlphaGrep Mutual Fund is positioning its Eminence Hybrid Long-Short Fund as a middle-ground allocation. The strategy combines market neutral and relative value approaches, special situations, options,…
Read More
Apple has reportedly cut more than 400 jobs across AI-related teams, mixed-reality operations, hardware management and sales as new chief executive John Ternus pushes to simplify the company’s structure. The reported reductions come amid changes to its AI strategy, although…
Read More
Indian banks have seen their excess funds drop significantly as the Reserve Bank of India maintains liquidity tightness. This monetary policy is aimed at curbing speculation against the rupee, which has reached critical levels. The central bank has provided limited…
Read More