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Global Corporate Dividends Hit Record $1.66 Trillion in 2023: Report

Global corporate dividends soar to record $1.66 trillion in 2023, driven by banks and tech giants. Strong global growth predicted for this year.

RBI Issues Guidelines for Banks on Inoperative Accounts and Unclaimed Deposits, India

RBI issues guidelines for banks on handling inoperative accounts and unclaimed deposits, aiming to trace customers and return their rightful assets.

Bursa Malaysia Ends Lower as Banks Lead Declines – Maybank, Public Bank, and CIMB Among Losers

Bursa Malaysia closes lower as banks falter - Maybank, Public Bank, and CIMB among losers. Market sentiment subdued amidst economic uncertainties.

Investors Flock to Growing $1.6tn Private Credit Market, Boosting Allocations

Investors flock to $1.6tn private credit market, boosting allocations. Almost half plan to increase investments in private credit, attracted by its lower risk profile and favorable yields. Survey reveals strong interest in Asia-Pacific region.

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Odisha STF arrests youth for aiding Mangaluru blast case accused with SIM and debit card

The Odisha Police arrested a youth in connection with last year's Mangaluru auto blast case. Pritam Kar had sold SIM, OTP, and mule accounts/digital wallets to PIO/ISI agents for up to INR 30,000 per account. He had also met the agents multiple times in other states. Pritam will be produced before the Bhubaneswar court later in the day.

SEBI Freezes Bank, Demat, and MF Accounts of Mehul Choksi to Recover Dues

SEBI attaches the bank accounts, shares, and mutual fund holdings of fugitive businessman Mehul Choksi in a bid to recover dues. Choksi fled India after allegedly defrauding Punjab National Bank of over Rs 14,000 crore.

Thief steals Rs. 1.10 lakh from car in Saraswathipuram residential area

Thieves stole Rs. 1.10 lakh from a car parked in front of a construction firm. Police suggest car owners be cautious about leaving valuables in their vehicles. This incident serves as a reminder to take necessary precautions.

IndusInd Bank and Wise Join Forces to Offer Low-cost Inward Remittance to India on Indus Fast Remit Platform

IndusInd Bank has partnered with Wise to offer low-cost online inward remittance services to NRIs in the US and Singapore. Customers can access transfers directly and compare rates without mark-ups. Launch of Wise's service in India.

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