Category: Business News & Economy

Twenty international banking units sanctioned $54.02 billion and disbursed $52.82 billion under the facility by August-end, according to IFSCA data

Warren Buffett has long warned against long-term bonds, calling them a poor investment for investors with extended horizons. Yet Berkshire Hathaway has amassed a huge short-term Treasury position, highlighting the distinction between long-duration bonds and cash-like instruments. As global yields surge, Buffett’s bond strategy offers a timely lesson for investors.

US stocks gained on Wednesday as strength in AI stocks helped the S&P 500 and Dow offset renewed US-Iran tensions and rising inflation concerns. Investors also weighed higher Treasury yields and growing bets on a September Fed rate hike, while Friday’s jobs report could provide the next major market signal.

British banks are stepping up their game by putting forth more higher-risk assets as collateral at the Bank of England. This action marks a notable increase in the use of top-risk collateral, reaching levels not seen since March 2020. Unlike the European Central Bank, the central bank is willing to accept loan-backed securities, ensuring that…

Seven-month pregnant woman dies after mud house collapses in Jamtara

Man found dead in Buxar canal

What is changing is what a younger generation wants it to do with idle gold. For some, the jewellery in the locker is no longer something to preserve indefinitely. It can become a house, an education, a business or an investment.

This period presents a prime opportunity for Aquarius to prioritize household enhancements and make sound decisions. As career shifts align with family obligations, eliminating distractions will be advantageous. Romantic pursuits may flourish in an atmosphere of stability and comfort. With a potential uptick in household expenses, careful budgeting for upgrades and minimizing waste becomes essential….

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Integrate drainage systems with road projects, set up vendor markets in every ward: CM Hemant Soren to officials