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economy, citing elevated asset prices and a competitive environment in banking that reminded him of the pre-2008 crisis years. At the same time, concerns over loans to software companies at the nexus of AI worries have walloped private credit lenders after Blue Owl spooked markets last week when it announced it had to sell assets to satisfy investors clamoring to exit one of its funds. In response to a question from the veteran banking analyst Mike Mayo, Dimon said the current environment felt similar to the three years leading into the 2008 financial crisis in that "everyone is making a lot of money, people were leveraging, the sky was the limit."
The 16th finance commission’s decision to tweak the formula for devolution of taxes to states received a mixed response on Sunday with some states welcoming the changes that resulted in a higher share for...
The 16th Finance Commission has recommended a massive boost to India’s urban infrastructure, more than doubling the grant for Urban Local Bodies (ULBs) to ₹3,56,257 crore for the 2026-31 period. This.
30, Indian startups raised a total of $ 95.6 Mn, marking a decline of 68% from the $302.8 Mn cumulatively raised by Indian startups Advanced Hardware & Technology segment saw.
After spending most of the past decade being trounced by the U.S. stock market, international equities are back and investing experts say the opportunity should last. A brutal stretch of underperformance that.
Kevin Warsh, former governor of the US Federal Reserve, speaks with CNBC on July 17, 2025.CNBCIn his first stint at the Federal Reserve, Kevin Warsh came to a central bank that was about to be asked to save.
President Donald Trump on Friday named Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, ending a five-month odyssey that has seen unprecedented turmoil around the central bank.The decision...
China's President Xi Jinping (R) and Britain's Prime Minister Keir Starmer shake hands before their meeting at the Great Hall of the People in Beijing on January 29, 2026.Carl Court | Afp | Getty.
