India sees sharp expansion in retail, MSME credit access since 2021 | Finance News

The move raises concerns about the lack of tested evidence and community support for such an initiative.

The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation caused by the Iran war and a spike in energy prices. The Fed’s rate-setting committee reached the 9-3 decision after two days of deliberations, marking the fifth straight meeting at which it kept its benchmark rate at around 3.6%. Dissenting from…

Just the Tip: Instead of putting all your savings into one CD, split it across multiple CDs with staggered maturity dates, say 3, 6, 12, and 24 months. When each one matures, you can reinvest or access the cash. You get higher rates than a savings account without leaving all your money tied up at…

Western Union is sharpening its focus on digital and artificial intelligence as it faces unexpected headwinds, executives said Thursday (July 30). The company did not see the improvement in its Americas retail business that it expected in the second quarter, and a delay in its planned acquisition of Intermex pushed out the anticipated synergies from…

Central counterparties (CCPs) reported their highest amount of secured cash at commercial banks on record in the first quarter, after the liquid resource rose 50% over the period. Across 25 CCPs analysed by Risk Quantum, secured cash at commercial banks – a category that includes reverse repo – climbed to $203.5 billion, equivalent to 17.4%…

September ICE NY cocoa (CCU26) on Tuesday closed up +65 (+1.14%), and September ICE London cocoa #7 (CAU26) closed up +43 (+1.02%). Cocoa prices extended their sharp three-week-long rally on Tuesday, posting 6-month highs.  Cocoa prices have rallied sharply over the past three weeks as heavy rains in the Ivory Coast and Ghana have flooded…