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Trump Disappointed With Federal Reserve Chair Over $2.5 Billion Renovation Project
President says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the US central bank's $2.5 billion renovation project.
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Trump To Attend Security Meeting On Friday After Israeli Strikes On Iran
U.S. President Donald Trump will attend a National Security Council meeting on Friday morning, the White House said late on Thursday after Israeli strikes on Iran that have put the Middle East on edge.
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What is US' Stablecoin-Focussed GENIUS Act: Everything to Know
The US stablecoin bill has advanced to the House of Senate for the final approval. Dubbed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, this legislation aims to set clear rules around the issuing and management of stablecoins in the US.
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Biden Pledges "Historic" $4 Billion To World Bank Fund For Poor Nations
US President Joe Biden announced a "historic" $4 billion pledge for a World Bank fund that helps the world's poorest countries, the White House said Monday, before Donald Trump takes office with a new cost-cutting agenda.
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At G20, Biden Rallies To Boost World Bank Aid To Low-, Mid-Income Nations
US President Joe Biden rallied G20 nations to agree to collectively mobilise more headroom and concessional finance to boost the World Bank's capacity to support low- and middle-income countries, the White House said on Saturday.
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On Camera, Beach House Collapses Into Ocean As Sea Levels Rise
A beach house in North Carolina's Outer Banks recently collapsed from high water levels. A video shows the demise of the home as ocean waves caused the stilts supporting the house to teeter and fall.
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CBI Arrests 10 Over Misuse Of PNB Letters Of Undertaking Worth 9 Crore
The CBI has arrested 10 people for alleged misuse of Lettter of Undertakings worth over Rs 9 crore in the Punjab National Bank's Brady House branch, the fountainhead of a USD 2 billion scam perpetrated by billionaires Nirav Modi and Mehul Choksi, officials said on Wednesday.
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Banking, Financial Relief Measures Announced For Kerala
The government on Wednesday took several measures on the banking and financial front, including concessional loan for rebuilding houses, to provide relief to the people in flood-ravaged Kerala.
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How Watchdogs Failed To Spot The $2 Billion PNB Fraud
Gokulnath Shetty, a middle-aged bank manager of middling rank, spent his days in the foreign exchange department on the mezzanine floor of Punjab National Bank's Brady House branch in Mumbai. It was there, past the loan desk and up a flight of stairs, that the Central Bureau of Investigation (CBI) say Shetty hatched India's largest-ever bank fraud,...
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Internal Auditor Of PNB Mumbai Branch, Ground Zero Of Rs 11,400 Crore Scam, Arrested
The Central Bureau of Investigation (CBI) on Wednesday arrested an internal auditor of a Punjab National Bank branch that is at the heart of a Rs 11,400 crore alleged fraud, a police spokesman said
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Trump Disappointed With Federal Reserve Chair Over $2.5 Billion Renovation Project
President says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the US central bank's $2.5 billion renovation project.
-
Trump To Attend Security Meeting On Friday After Israeli Strikes On Iran
U.S. President Donald Trump will attend a National Security Council meeting on Friday morning, the White House said late on Thursday after Israeli strikes on Iran that have put the Middle East on edge.
-
What is US' Stablecoin-Focussed GENIUS Act: Everything to Know
The US stablecoin bill has advanced to the House of Senate for the final approval. Dubbed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, this legislation aims to set clear rules around the issuing and management of stablecoins in the US.
-
Biden Pledges "Historic" $4 Billion To World Bank Fund For Poor Nations
US President Joe Biden announced a "historic" $4 billion pledge for a World Bank fund that helps the world's poorest countries, the White House said Monday, before Donald Trump takes office with a new cost-cutting agenda.
-
At G20, Biden Rallies To Boost World Bank Aid To Low-, Mid-Income Nations
US President Joe Biden rallied G20 nations to agree to collectively mobilise more headroom and concessional finance to boost the World Bank's capacity to support low- and middle-income countries, the White House said on Saturday.
-
On Camera, Beach House Collapses Into Ocean As Sea Levels Rise
A beach house in North Carolina's Outer Banks recently collapsed from high water levels. A video shows the demise of the home as ocean waves caused the stilts supporting the house to teeter and fall.
-
CBI Arrests 10 Over Misuse Of PNB Letters Of Undertaking Worth 9 Crore
The CBI has arrested 10 people for alleged misuse of Lettter of Undertakings worth over Rs 9 crore in the Punjab National Bank's Brady House branch, the fountainhead of a USD 2 billion scam perpetrated by billionaires Nirav Modi and Mehul Choksi, officials said on Wednesday.
-
Banking, Financial Relief Measures Announced For Kerala
The government on Wednesday took several measures on the banking and financial front, including concessional loan for rebuilding houses, to provide relief to the people in flood-ravaged Kerala.
-
How Watchdogs Failed To Spot The $2 Billion PNB Fraud
Gokulnath Shetty, a middle-aged bank manager of middling rank, spent his days in the foreign exchange department on the mezzanine floor of Punjab National Bank's Brady House branch in Mumbai. It was there, past the loan desk and up a flight of stairs, that the Central Bureau of Investigation (CBI) say Shetty hatched India's largest-ever bank fraud,...
-
Internal Auditor Of PNB Mumbai Branch, Ground Zero Of Rs 11,400 Crore Scam, Arrested
The Central Bureau of Investigation (CBI) on Wednesday arrested an internal auditor of a Punjab National Bank branch that is at the heart of a Rs 11,400 crore alleged fraud, a police spokesman said
