Citigroup on Wednesday posted fourth-quarter results that topped expectations as the lender reaped more interest income and set aside less money for troubled loans than analysts had expected. Here’s what the company reported: Adjusted earnings: $1.81 per share vs. $1.67 expected, according to LSEG Adjusted revenue: $21.0 billion vs. $20.72 billion expected Citigroup said net…
The auto component industry expects the real impact of US tariffs to play out in the second half of the current financial year, with uncertainty beginning to cloud fresh export contracts even as existing supplies continue, industry body ACMA said on Wednesday.Despite global headwinds, the sector posted steady growth in the first half of FY26….
Users can spend stablecoins and major cryptocurrencies which are automatically converted into Peruvian soles at the point of sale. Source link
NEW DELHI: President Droupadi Murmu on Wednesday received the credentials of the newly appointed ambassadors of the United States and Austria, along with the High Commissioner of Trinidad and Tobago, at Rashtrapati Bhavan.In a post on X, the Rashtrapati Bhavan said: “President Droupadi Murmu received credentials from Mr Chandradath Singh, High Commissioner of the Republic…
Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and…
Losses from VDAs cannot be set off — not against other income, nor even against gains from another crypto asset. The Central Board of Direct Taxes (CBDT) has raised fresh concerns about the risks posed by virtual digital assets (VDAs) such as cryptocurrencies, aligning its stance with that of the Reserve Bank of India (RBI)….
NEW DELHI: Encroachments, deforestation, illegal mining and expanding urban infrastructure in the Aravali ranges have severely damaged groundwater recharge, biodiversity, air quality and climate regulation, according to a new study.The research, titled Eco-restoration of the Aravali Landscape, was undertaken by the Sankala Foundation with support from the Embassy of Denmark in India and the Haryana…
India’s national highway network has grown sharply over the last decade, becoming the second-largest in the world. The total length now stands at 146,560 km, compared with 91,287 km in 2014, an expansion of over 61%. The increase has largely come from the push to build high-speed corridors and four-lane highways under the Bharatmala Pariyojana….
The agreement would explore integrating a dollar-backed stablecoin into Pakistan’s regulated payments system as the country ramps up plans for digital currency and virtual-asset rules. Source link
NEW DELHI: India’s high commissioner to Canada, Dinesh Patnaik, has strongly rejected allegations linking the Indian government to the killing of NIA-designated terrorist Hardeep Singh Nijjar, questioning the lack of evidence to support the claims. Speaking in a televised interview on CBC News’ Power & Politics, Patnaik responded to allegations made by former Canadian prime…
