Author: Press Room

Shares of India’s IDFC First Bank declined sharply on February 23 after the lender disclosed a fraud involving accounts linked to the Haryana government, triggering investor concerns and regulatory scrutiny. The private sector lender’s stock fell 20% to hit a lower circuit at ₹66.80. At the time of writing, the shares were trading at ₹69.53. The bank said it had reported the matter to the banking regulator and filed a police complaint. Brokerage estimates suggested the amount under reconciliation equals roughly 0.9% of the bank’s net worth and about 20% of its fiscal 2026 pre-tax profit. UBS estimated the suspected…

Japanese financial conglomerate SBI Holdings is introducing a blockchain-based bond offering for retail investors, blending traditional fixed-income returns with cryptocurrency incentives. Key Takeaways: SBI is issuing 10 billion yen in tokenized bonds recorded on a blockchain platform. Investors will earn fixed interest plus XRP rewards tied to their subscription amount. The launch reflects SBI’s broader push to integrate crypto assets into traditional finance. The new issuance, called the SBI START Bonds, totals 10 billion yen (about $64.5 million) and will be recorded and managed onchain using the “ibet for Fin” platform developed by enterprise blockchain firm BOOSTRY.The three-year securities carry…

New Delhi, India – As Indian Prime Minister Narendra Modi emerged from his plane at Ben Gurion airport outside Tel Aviv on July 4, 2017, his Israeli counterpart, Benjamin Netanyahu, waited for him at the other end of the red carpet laid out on the tarmac.Minutes later, the leaders hugged. Speaking at the airport, Modi said his visit was a “path-breaking journey” – it was the first time an Indian prime minister had visited Israel. Netanyahu recalled their first meeting in New York in 2014, where, he said, “we agreed to break down the remaining walls between India and Israel”.Nine…

NEWYou can now listen to Fox News articles! President Donald Trump called on Netflix to fire board member Susan Rice immediately or “pay the consequences.”Trump’s comments followed remarks Rice made Thursday on the “Stay Tuned with Preet” podcast, hosted by former U.S. Attorney Preet Bharara. During the interview, Rice warned that corporations she said had “taken a knee” to Republican pressure should not expect forgiveness from Democrats if they return to power.”This is not going to be an instance of forgive and forget. The damage that these people are doing is too severe to the American people and our national interest,”…

NEWYou can now listen to Fox News articles! There would be no Jack Hughes’ golden-goal moment in Milan if it weren’t for the heroics of Team USA goaltender Connor Hellebuyck, especially on one key save in the second period. Hellebuyck received praise throughout the contest and immediately after Hughes’ game-winning goal in overtime to clinch the first gold medal for the men’s ice hockey team since the 1980 miracle-on-ice Olympics in Lake Placid. But it was his reaction to stopping a puck in the second period with just his stick that can’t be overlooked when reviewing how Team USA defeated Canada in…

Hyundai’s new China-sourced Model Y-fighter will add a cheaper entry grade within a couple of months, dropping the entry price by $3000.

For Chong, who grew up in Penang, the film is a tribute to his Malaysian roots. “It’s much deeper than just fashion,” he said on Variety. “Especially when we have Michelle and Sean, I didn’t want to restrict them with a fashion film. The whole idea is to tell a story of my hometown – the culture, the emotion.”Chong said in another publication, American fashion magazine W Magazine: “Penang has this quiet theatricality: its heritage architecture, its faded grandeur, the sense of history layered into every street. “It felt like the perfect stage for Sandiwara, which translates to drama in Malay.…

Mexican security forces have killed a drug lord who led one of the most powerful criminal organisations in the country, triggering a wave of violence in several areas, including the western state of Jalisco.The Mexican Secretariat of National Defence said Nemesio Ruben Oseguera Cervantes, also known as “El Mencho”, was wounded in a clash with soldiers in the town of Tapalpa, in Jalisco state, on Sunday and died while being flown to Mexico City.Recommended Stories list of 3 itemsend of listHe had a $15m bounty on his head from the United States.The Mexican operation set off a wave of ⁠violence,…

The following is the transcript of the interview with Christine Lagarde, European Central Bank president, that aired on “Face the Nation with Margaret Brennan” on Feb. 22, 2026.MARGARET BRENNAN: Welcome back to ‘Face The Nation.’ We’re joined now by the head of the European Central Bank, Christine Lagarde. The ECB sets interest rates for many countries in the European Union, which is America’s largest trading partner. It’s great to have you here.CHRISTINE LAGARDE: Great to be here, Margaret.MARGARET BRENNAN: Well, particularly in this moment in time where there is confusion over what happens next with global trade. I saw that…

A Hong Kong court has dismissed all appeals in the city’s biggest case brought under a Beijing-imposed national security law.The pro-democracy advocates were among 47 activists charged in 2021 with conspiracy to commit subversion for their involvement in an unofficial primary election.The mass prosecution involving some of the best-known activists crushed much of the city’s once-thriving pro-democracy movement that reached a height with massive anti-government protests in 2019.Forty-five of the defendants were sentenced to between four years and 10 years in 2024, with their punishments drawing criticism from foreign governments and rights groups.Eleven activists who appealed their convictions lost their…