Reserve Bank of India

NSE Group (National Stock Exchange of India and NSE International Exchange) has once again emerged as the world’s largest derivatives exchange group in calendar year 2023 by number of contracts traded based on statistics published by Futures Industry Association (FIA), a derivatives trade body.

BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 12.2% during 2023-2028.

LONDON, Dec. 8, 2023 /PRNewswire/ -- In 2023, the global financial sector has navigated the aftermath of the COVID-19 epidemic with resilience and adaptability.

WASHINGTON, Nov. 30, 2023 /PRNewswire-PRWeb/ -- The Group of Thirty (G30) today published Central Banking and Monetary Policy: Principles and the Way Forward. A product of the G30 Working Group on Monetary Policy - chaired by G30 members Jacob Frenkel, Raghuram Rajan, and Axel Weber, the report dissects the causes of the inflationary spike across many economies and the weaknesses in central banking models and approaches that contributed to a delayed response to the price hikes. The authors, including sixteen former or current central bankers and ministers of finance, warn inflation is less predictable today than in the past. They find that central bank frameworks, re-designed for a low inflation world and coupled with a data-driven approach to setting policy, slowed reactions to price rises as they developed. At the same time, existing policy commitments limited room to maneuver, resulting in some advanced economy central banks being behind the curve in their response to inflation. Emerging economies, many with the recent memory of higher inflation, reacted much more decisively.