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2026-02-02 22:13:59| Chicago Tribune news - Business

Metropolitan Capital Bank & Trust was closed by the Illinois Department of Financial and Professional Regulation, citing unsafe and unsound conditions and an impaired capital position."

Category: News and Media

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2026-02-02 20:40:15| The Economic Times

The government will maintain its focus on infrastructure development through increased capital expenditure, despite fiscal constraints and global economic uncertainty. Expenditure Secretary V. Vualnam dismissed concerns from states regarding the discontinuation of revenue deficit grants, emphasizing the need for states to manage their own expenditure. The Centre has enhanced funding for state-level capital investment schemes to encourage public investment-led growth.

Category: News and Media

2026-02-02 20:36:04| The Economic Times

Chief Economic Adviser V Anantha Nageswaran states strong manufacturing is vital for the rupee's long-term strength. The recent budget includes measures to boost factory output. He emphasizes that manufacturing prowess influences currency strength more than services. Countries with robust manufacturing bases have seen their currencies retain strength over decades.

Category: News and Media

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