Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Central Bank of India to raise up to…
State-owned Central Bank of India on Friday said it will raise up to Rs 500 crore by issuing Basel III compliant bonds. "The capital raising committee of the board of directors of the bank at…
Centre approves Rs 3,737 crore bonus for 30…
NEW DELHI: The government on Wednesday decided to give Rs 3,737 crore bonus to 30.67 lakh central government employees to encourage spending during the festival season and add to demand in the economy. The decision…
China’s yuan will rally despite the central bank’s…
SINGAPORE — The Chinese yuan will continue to strengthen against the U.S. dollar, even though China's central bank has taken steps to curb its currency appreciation, analysts told CNBC.The onshore Chinese currency appreciated by nearly…
Central banks are weighing their own digital currencies…
A visual representation of bitcoin with U.S. dollars.studioEAST | Getty ImagesLONDON — After Facebook shocked policymakers with its plan to launch a digital currency last year, central banks have been forging ahead with discussions on…
Central Bank of India reduces MCLR by 5…
Central Bank of India has reduced its marginal cost of funds-based lending rates (MCLR) by 5 basis points (bps) across all tenors, effective from Tuesday. The city-based lender has cut the one-year MCLR to 7.10…
World’s oldest central bank hits legal roadblock in…
By Love Liman and Rafaela LindebergSweden’s central bank may need to have some of its age-old laws changed if it’s to act on a pledge to do “whatever it takes†to save the economy. The…
If bad debt doesn't rise during hard times,…
Many banks in Asia have seen asset quality deteriorate in a difficult post-crisis climate, but the rise in non-performing loans should be assessed in the context of that environment, Singapore's central bank chief said on…
Sentiment Speaks: Central Banks Control Nothing
Shutterstock photoMany believe in the Fed/PPT's OmnipotenceThe thickness of intellectual dishonesty amongst pundits and analysts in this stock market needs a power-saw to be cut through. And nothing presents this perspective more clearly than the…