- JPMorgan and Citi Aren’t Feeling the Affordability Crisis January 14, 2026If Americans are gripped by an affordability crisis, its biggest banks aren’t seeing it. Consumer spending is growing, people are saving and investing too, while losses on bad credit cards are falling. It’s a puzzle when paired with the poor sentiment reported in surveys and a drumbeat of complaints about high prices, but in the eyes of lenders, at least, th […]
- Luxury retailer Saks leans on real-estate rights to keep doors open during bankruptcy January 14, 2026SAKS GLOBAL-BANKRUPTCY/REALESTATE (FOCUS, PIX, GRAPHICS):FOCUS-Luxury retailer Saks leans on real-estate rights to keep doors open during bankruptcy
- Swedbank Says US DOJ Closes Probe Into Bank Without Enforcement January 14, 2026The US Department of Justice closed its investigation into Swedbank AB without an enforcement action, bringing an almost seven-year money-laundering probe nearer to a conclusion.
- Infosys beats revenue estimates in Q3, sees demand recovery gathering pace January 14, 2026Infosys Ltd exceeded revenue expectations for the December quarter, reporting $5.1 billion. Despite margin pressures, it raised its full-year guidance to 3-3.5%.
- Air India partners with Saudia for codeshare agreement, effective February – what should passengers expect? January 14, 2026Air India and Saudia have signed a codeshare agreement to enhance travel benefits for guests, which will become effective in February.
- Hong Kong emerges key market for India's high-value exports January 14, 2026India's exports to Hong Kong are surging. Shipments of silver jewellery, electronics, and processed stones have seen substantial growth. Cut and polished diamonds are leading this increase. This trend highlights Hong Kong's growing importance as a trading hub for India. Diversification of exports is a key factor. Electronics and silver jewellery ex […]
- Wholesale inflation hits 8-month high of 0.8% in December January 14, 2026Wholesale prices have exited deflation. Inflation reached an eight-month high of 0.83% in December. This shift was driven by stable food prices and rising costs for manufactured goods. Retail inflation also saw an increase. Experts note base effects and stable prices contributed to the wholesale inflation rate. The commerce ministry highlighted increases in […]
- New forex risk capital rules from April 2027 January 14, 2026RBI has proposed significant changes to how banks manage their foreign exchange exposure. These updates aim to align Indian regulations with global Basel standards, simplifying calculations by merging offshore and onshore positions. The move also includes treating gold separately and exempting certain structural forex holdings, ensuring consistent applicatio […]
- RBI issues norms for internal ombudsman in banks, NBFCs January 14, 2026The Reserve Bank of India has released new guidelines for internal ombudsmen in banks and NBFCs. This move aims to improve how customer complaints are handled within these financial institutions. The internal ombudsman will review complaints that have already been processed but not fully resolved.
- Indian exports to China rise in 2025 but trade deficit touches record high of $116 billion January 14, 2026India's exports to China saw a significant rise in 2025, climbing to USD 19.75 billion. This growth contributed to a record bilateral trade volume of USD 155.62 billion. However, the trade deficit with China also reached an all-time high of USD 116.12 billion. This indicates a shift in trade patterns despite ongoing global trade tensions.
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