Today, banks compete on cognitive orchestration: turning raw data into hyper-personalized intelligence, deploying credit through precision algorithms, embedding banking rails into enterprise workflows, and building real-time, zero-trust security architectures. This structural realignment is vividly illustrated by the Round I winners of Global Finance’s 2026 World’s Best Consumer Digital Bank awards. These institutions have moved beyond trophy…

“We should build our own jet engines too. Our scientists and youth must take this up as a direct challenge,” Prime Minister Narendra Modi said in his Independence Day address last year.   In that remark, he identified one of the most critical gaps in India’s defence manufacturing capability: The country does not…

read 1 minute Last update: 29 July 2026 | 12:19 am First State-owned Oil and Natural Gas Corporation (ONGC) on Tuesday said its board has approved a $500 million parent company guarantee in favor of Saudi Aramco on behalf of its subsidiary Mangalore Refinery and Petrochemicals Ltd (MRPL) to facilitate crude oil imports. The guarantee…

Cairo accelerates state asset sales under IMF plan, aiming for four major listings by summer 2027. Egypt, Africa’s second-largest economy after South Africa, plans to list four state-owned companies on the Egyptian Exchange (EGX), the continent’s largest stock exchange by number of listed companies, within the next 12 months. The June 5 announcement is part…

India’s interim head coach VVS Laxman on Sunday said Vaibhav Suryavanshi’s game awareness has “skyrocketed” in the last six months, with the teenage batting sensation’s growing maturity helping him deal with pressure situations in the early stages of his international career. The 15-year-old silenced his critics in emphatic fashion, completing a memorable tour by winning…

Bermuda Bank agrees to buy a 91.7% stake in CIBC Caribbean Bank for $1.8 billion, creating a regional giant. This article appears in the July/August issue of Global Finance Magazine. Butterfield Group has agreed to acquire a 91.7% stake in CIBC Caribbean Bank Ltd. for $1.8 billion – $1.09 billion in cash and the rest…

According to Federation of Automobile Dealers Association (FADA) research data, Maruti Suzuki, VinFast and Tesla together registered 12,244 vehicles in the first half of calendar 2026, capturing 8.1 per cent share in the segment and 18 per cent of incremental registrations during the period. Total e-PV registrations during January-June 2026 grew 81.6 percent year-on-year to…

The combined market valuation of nine of the top 10 most valued companies declined by Rs 2.74 trillion last week, coinciding with a bearish trend in equities, with HDFC Bank the biggest hit. Last week, the BSE benchmark Sensex fell 2,091.68 points or 2.67 per cent and the NSE Nifty fell 566.85 points or 2.32…

By Zoe Tillman A US appeals court rejected the Justice Department’s request to let federal officials proceed fully with Donald Trump’s overhaul of mail voting ahead of the November midterm elections, upholding a Boston judge’s order that declared the president’s policies unlawful. The three-judge appellate panel said it would not block a lower court…

The so-called Cockroach Janata Party (CJP) on Saturday called off its 36-day protest at Delhi’s Jantar Mantar after the Central government accepted at least two of their three key demands, including withdrawal of cases against student protesters. Earlier in the day, Union Education Minister Dharmendra Pradhan announced his resignation. The announcement was made after another…