Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
Central Bank Board Meets – Govt Wants to Capture Central Bank to Gain Control of its Rs 9 Lakh Cr Reserves
Ahead of the Reserve Bank of India (RBI) Board meeting today, Congress leader P Chidambaram on Sunday alleged that the central government was determined to “capture” the bank to gain control over its Rs 9 lakh crore reserves.
Gold Prices Kiss 1 Week high Amid Brexit Turmoil
Gold Silver Reports (GSR) – Gold prices rose on Friday, having hit a one-week high earlier in the session, as investors sought safe-haven assets amid fears of a chaotic departure for Britain from the European Union.
Fed Set for a Broad Review on How it Conducts Policy in 2019
Gold Silver Reports (GSR) – Central bank officials announced Thursday that they will look at “strategies, tools, and communication practices” the Fed uses to formulate monetary policy.
Breaking News – Fed’s Vice Chairman Clarida: Would Not Agree That Fed Hikes Are Going Too Far Or Too Fast -Will Set Policy To Meet Congressional Goals
Fed’s Vice Chair Clarida: Gradual Approach Has Served The Fed Well – CNBC -Policy Rate Is Barely Above Inflation Rate -Fed Needs To Be Data dependent
Loans Up to Rs 1 Crore to MSMEs in Just 59 Minutes
Gold Silver Reports (GSR ) — In a bid to boost credit availability to Micro, Small and Medium Enterprises (MSMEs), Finance Minister Arun Jaitley has launched a web portal through which one can avail loans up to Rs 1 crore in just 59 minutes. The portal will enable principal approval of loans up to Rs 1 crore for MSMEs from Small Industries Development Bank of India (SIDBI) and 5 Public Sector Banks (PSBs).
UK, EU Agree Tentative Brexit Deal on Financial-Services: The Times
British and European negotiators have reached tentative agreement on all aspects of a future partnership on services, as well as the exchange of data, the British newspaper reported, citing government sources.