Indian stock markets are likely to witness another cautious session on Wednesday, July 22, as investors continue to balance the ongoing June quarter (Q1 FY27) earnings season with global uncertainties. Sensex and Nifty could continue to trade within a defined range due to persistent geopolitical tensions in West Asia, elevated crude oil prices and sustained…
At the first congressional oversight hearing to examine the Federal Home Loan Bank (FHLB) system in 15 years, lawmakers on the House Subcommittee on Housing and Insurance wanted to better understand why a Depression-era banking system designed to safeguard access to mortgage credit wasn’t doing more to advance that mission. That nearly century-old system of…
Mumbai: The Securities and Exchange Board of India(Sebi) has asked depositories to freeze promoter and promoter group holdings at the security level during the buyback period, while allowing them to participate in tender offers and invoke pre-existing pledges. Under the new rules, promoter holdings will remain frozen from the date the company’s board or shareholders…
The Central Board of Direct Taxes (CBDT) has recently notified the ₹20,000 crore zero-coupon bond issue. This is an issue of the National Bank for Financing Infrastructure and Development (NaBFID). These bonds differ from regular bonds in that they do not provide periodic interest payments. Instead, investors earn returns from the difference between the discounted…
The House passed a bill Monday (July 20) that its supporters said would improve federal technology procurement. The Federal Improvement in Technology Procurement Act (FIT Procurement Act; H.R. 4123) would address a variety of issues related to federal procurement policy and the federal acquisition workforce, according to a summary posted on Congress.gov. The sponsor of the bill,…
Key Takeaways Economic growth is stronger than headline GDP suggests. Private sector activity currently outpaces GDP, which has been dragged down by net exports. The labor market is tight, not strong. Worker scarcity should keep jobs growth cooling and unemployment low. » Inflation likely peaked in May. Led by fading energy costs and cooling housing…
Employees at Paramount Skydance are wrestling with whether the planned mega-merger with Warner Bros. Discovery would put them on the chopping block or help save their jobs. “I’m definitely worried about impending layoffs post-merger,” a Paramount research staffer said. “But I’m worried about the company as a whole if it doesn’t go through.” Paramount’s $110…
Pinterest is no stranger to AI slop. In 2025, the platform began adding AI labels to content. Pinterest lets creators label content as AI-modified or -generated, and has its own detection systems to flag content that may have been AI-generated. Pinterest also added a tool that lets users limit the amount of AI-generated content appearing…
Key insight: Republicans highlighted the Federal Home Loan Banks’ role as a reliable liquidity backstop for member institutions. What’s at stake: Discussion drafts considered at a House Financial Services Committee hearing would ease capital rules for the banks and designate FHLB advances as “core” deposits. Forward look: The discussion drafts set the stage for potential…
Congress is seeking changes at the Federal Home Loan Bank System, with some members arguing the network isn’t taking a proactive role in the nation’s housing affordability crisis. At a House Financial Services Committee hearing in Washington, DC, on Tuesday, leaders of the bank system said they’ve been active the past few years supporting the housing…