Economy News ( English version)

For the first time since September 2018, investors consider Citigroup Inc. to be worth at least the sum of its parts.

Canacol Energy Ltd. is looking to negotiate a short-term loan from its creditors as it works to restructure its debt before its cash reserves run dry, people familiar with the matter said.

Global mergers and acquisitions are on pace for their best year since 2021, as a spate of late-year deals pushes deal volumes to well over $3 trillion.

Banca Monte dei Paschi di Siena SpA renewed its support for Chief Executive Officer Luigi Lovaglio amid a probe into the bank’s takeover of Mediobanca SpA.

The GameStop Corp. short squeeze that cost Dan Sundheim’s firm $4 billion in a single month in 2021 left him in a state of shock, so he was prepared when market turmoil in March again spurred hedge funds to unwind bets.

The allocation under the Special Assistance to States for Capital Investment (SASCI) scheme may be raised to Rs 1.8-2 lakh crore for 2026-27 from Rs 1.5 lakh crore budgeted for the current fiscal.

The Reserve Bank of India cut its policy interest rate by a quarter-point, citing a 'Goldilocks' economy with low inflation and strong growth. The central bank also injected liquidity to ensure rate cuts reach consumers and addressed currency market movements. Inflation forecasts were lowered, and growth targets were raised.

Russia has ramped up its fertilizer exports to India, now commanding a staggering 26% of the subcontinent’s fertilizer imports. This surge contributes significantly to an economic alliance, with Russian fertilizers increasingly finding their place in BRICS nations. S

RBI Governor Sanjay Malhotra anticipates deposit rates will moderate, mirroring the central bank's 125 basis point policy rate reduction. He noted that real interest rates remain high despite nominal rate decreases, benefiting both borrowers and savers. Data shows a 105 basis point decline in weighted average domestic term deposit rates, though bankers […]

Reserve Bank Governor Sanjay Malhotra stated the central bank does not target specific bands for the rupee, allowing market forces to determine its value. While acknowledging market fluctuations, the RBI aims to curb excessive volatility. A recent USD 5 billion swap is a liquidity measure, not a direct intervention to support the rupee.