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SAARC Development Fund (SDF) plans to tap financial markets as it aims to become a full-fledged regional development bank in the near future, its CEO Sunil Motiwal said Tuesday. With an authorised capital of USD 1.5 billion and a total capital base of USD 500 million, the SDF is working to enhance its credit portfolio to USD 300 million in the next few years by financing a range of projects including renewable sources, transportation, telecom and environment in the SAARC region.",As part of the deal for UBS to take over Credit Suisse, the Swiss regulator determined that Credit Suisse’s AT1 bonds with a notional value of billion would be wiped out, a decision that stunned global credit markets and angered many holders.",The SGX Group aims to disclose trading positions on commodities including iron ore, rubber and freight on a weekly basis beginning in the third quarter to bolster transparency as more traders from outside Asia participate in the market.",The company is estimated to ship over 40 million artificial intelligence-powered PCs in 2024.",It is one of the world’s most visited and beloved religious venues – the Basilica of Our Lady of Guadalupe, with a circular, tent-shaped roof visible from miles away and a sacred history that each year draws millions of pilgrims from near and far to its hilltop site in Mexico City.",Shares of Vodafone Idea on Tuesday fell over 10 per cent after reports that Aditya Birla group Chairman Kumar Mangalam Birla has offered to hand over his stake in debt-laden VIL to the government entities to keep the company operational.",Through the offer, FSN E-Commerce Ventures aims to raise Rs 5,352 crore. The Nykaa IPO comprises of a fresh issue of equity shares worth Rs 630 crore and an offer for sale (OFS) of 41,972,660 equity shares by promoter and existing shareholders.",Popular video-sharing app TikTok issued a broad ban on Wednesday against “misleading information” that could cause harm to its community or the public, setting itself apart from rivals like Facebook which say that they do not want to be arbiters of truth.",Fashion weeks worldwide are known for their memorable moments, not only because of the stunning collections by top designers and brands but also for unexpected occurrences. During the recent Paris Fashion Week, a model unexpectedly collided with the audience, creating a startling moment.",is not only a bookmaker with a rich history but also a symbol of trust and quality, always trusted by Asian players.⚡,PUNE CITY police have launched a probe after the body of a 25-year-old woman was found in a water tanker in Fursungi area on the outskirts of the city on Thursday morning. The probe has found out that the woman had left her house in the early hours of the day without informing anyone and the family had started searching for her when the body was found.",However, rising crude oil prices in international markets and a strong greenback overseas restricted gains for the local unit, forex traders said.".