Category: Finance

Manmohan Singh acused Narendra Modi of the rapid economic slowdown of India

Former Indian Prime Minister Manmohan Singh has blamed the rapid economic slowdown of the country for a “climate of fear,” accusing the government of Narendra Modi of building a “toxic” atmosphere that has stifled business activity and development. In a strongly-worded commentary piece in Monday’s The Hindu newspaper, the typically reticent economist argued that the

Canaan Creative to sell stocks worth $400M

Chinese bitcoin equipment organization Canaan Creative is intending to bring $400 million up in the first sale of stock, as per administrative work documented with the Securities and Exchange Commission.  Canaan makes application-explicit incorporated circuits; equipment frequently utilized for bitcoin mining or man-made consciousness applications. The organization professes to be the second biggest planner and

Is the world economy falling?

There’s an awkwardly high chance that a downturn could hit the worldwide economy in the following 12-year and a half — and policymakers will most likely be unable to turn around that course, a financial specialist said on Wednesday. I think dangers are dreadfully high on the off chance that something doesn’t stick to content,

Digital banking on the rise

Digital-only banks, also known as neobanks, are redefining the future of banking around the world. Though off to a slow start in the US due to high regulatory barriers, recent developments and the loosening of regulations suggest that US neobanks are set to take off. San Francisco-based neobank Chime has attracted over 2 million consumers

Tesco Bank bought over by Lloyds.

In a face-off with rivals, Lloyds Banking Group has had a hard fight to finally snap up Tesco Bank’s mortgage business for approximately ₤3.8 Billion. Because of this deal, more than 23,000 residential mortgage customers will transfer to Lloyds-owned business Halifax, cementing its title as Britain’s biggest money lender. The sale of the portfolio is