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Listen to this article in summarized format In Asia, India holds a crucial central bank meeting against a complex backdrop, while Friday's U.S. non-farm payrolls report comes as traders grow increasingly convinced that the Federal Reserve may have to hike interest rates again. 1/
Complicating matters was Warsh's hint that he may try to switch up the Fed's yardstick for successfully containing inflation, for years defined as a 2% year-over-year rise in the Personal Consumption Expenditures Price Index. "That's our number, we're sticking with it," Warsh sai
The drop, if sustained, would mark the stock's worst day since the pandemic-driven selloff in March 2020. It would erase nearly $500 billion from Apple's market capitalization and return the crown of the world's most valuable company to AI chip giant Nvidia, days after reclaiming
The e-commerce and cloud titan posted its strongest cloud growth in over four years, indicating a fresh wave of demand that justifies its 10% increase in planned capital spending for 2026 to $220 billion. Amazon's results come as a resounding sign to Wall Street that some of Big
'Spanish border crisis' and 'iron chancellor' - Published The Daily Telegraph reports, external that Prime Minister Andy Burnham is considering plans to exempt rapists, from the government's early release scheme from prisons in England and Wales. The paper understands that no fin
India's equity markets are set for one of their biggest operational changes in recent years. From August 3, 2026, the Securities and Exchange Board of India (SEBI) and the National Stock Exchange (NSE) will introduce the Closing Auction Session (CAS) for eligible Futures & Option
Listen to this article in summarized format The S&P 500 gained for the week, after some big daily swings, and was roughly 1.6% below the benchmark index's June 2 record high. Investors were digesting contrasting earnings results from megacap companies whose massive capital spendi
The local unit opened at 95.58 on Friday and traded in the range of 95.47 and 95.25. A weaker dollar index at 100.7 on Friday, from 101.2 earlier, also helped boost the rupee. Also Read: Explained: Why Kospi skyrocketed 18% today after massive selloff and what’s ahead for South K
Indian startup funding cooled in the final week of July. Between July 27 and 31, Indian startups cumulatively raised about $142.3 Mn across 11 deals, down about 32% from the $209.1 Mn raised by 14 startups last week. Funding Galore: Indian Startup Funding Of The Week Date Name Se
The financial services conglomerate posted a consolidated profit after tax of ₹6,297 crore during the quarter, compared to ₹5,329 crore a year earlier. The growth was led by Bajaj Finance, where profit after tax rose 28% to ₹6,081 crore. Also Read: ITC Q1 Results: Standalone prof
The biggest change relates to the transfer of shares. Unlike the 2024 framework, which required approval only for specified transfer situations, insurers will now need prior IRDAI approval whenever an investor's holding crosses 5%, 10%, 25%, 50% or 75%, or when an investor become
The capital-markets regulator also fined ZEEL ₹30 lakh and prohibited the company from accessing the securities market for two months. Sebi said its investigation was triggered after ZEEL's statutory auditor, Deloitte Haskins & Sells LLP, reported in its FY19 audit that the title
The Kolkata-based company posted a net profit of ₹3,578.82 crore for the quarter ended June. Revenue from operations rose 28% from a year earlier to ₹26,943.23 crore. Gross revenue also grew 28%, but net revenue dropped 14%. ITC said its gross revenue was not comparable with that
Consolidated profit at Maruti fell to ₹3,352 crore, compared with ₹3,758 crore in the corresponding period of the last financial year. Bloomberg's consensus earnings estimates for the June quarter were ₹3,440 crore. The company said input costs increased during the quarter due to
Listen to this article in summarized format India’s financial markets had factored in the likelihood a mid-July review would facilitate the inclusion of Indian sovereign bonds on the Global Aggregate index, which is tracked by a broad swathe of asset managers from Tokyo to Toront
In an informal guidance letter issued on Friday, Sebi said secondary transfers of unlisted equity shares to identified investors would not amount to a deemed public offer, provided the transactions comply with private placement provisions of the Companies Act. The clarification c
Listen to this article in summarized format Both indices climbed more than 2.5% through the week and advanced nearly 2.1% in July. Concerns over oil prices appear to have prevented further gains for the key gauges, which remained within a trading band through the last week of Jul
The regulator on Friday disposed of the June 19, 2024 interim order-cum-show cause notice without imposing any fresh directions, holding that the remedial objective of the proceedings had already been achieved. Sebi had launched proceedings alleging that Religare and its board fa
Foreign currency assets increased by $4.8 billion to $555.9 billion in the previous week. This increase is despite the central bank heavily selling dollars in the foreign exchange market last week to contain the rupee's fall. The currency had closed at 96.56 on July 24, very clos
AI workloads are straining current storage infrastructure as the industry prepares for faster data interfaces. The second half of 2026 starts the shift to PCIe Gen6 servers, but Gen5 storage will stay important for AI infrastructure because organizations need to balance performan
The weighted average domestic term deposit rate on fresh rupee deposits for scheduled commercial banks increased 16 basis points month-on-month to 5.99% in June 2026, according to Reserve Bank of India (RBI) data. One basis point is a hundredth of a percentage point. Private-sect
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Indian Railways is one of the world's largest rail networks and plays a vital role in India's economy by transporting millions of passengers and large volumes of freight every day. The government has significantly increased investments in railway infrastructure through higher cap
Recently listed NBFC Kissht is entering its “quality over quantity” phase, as it looks to build a more sustainable lending business. During the Q1 FY27 earnings call of Kissht parent OnEMI Technology Solutions, cofounders Ranvir Singh and Krishnan Vishwanathan outlined the compan
I was working to survive and I wasn't paid - Published What happens when your boss is also the HR department, the grievance handler and the person deciding whether you get paid? "I just want my wages. It's my hard work. I just want what I'm owed." Sonia Garcia Monuz is one of sev
Victims of disgraced funeral boss demand industry regulation - Published Tristan Essex is standing on the steps of Hull Crown Court, shoulder to shoulder with several others whose lives have been devastated by disgraced funeral director Robert Bush. The 27-year-old is fighting al
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Credit: DIGITIMES Posiflex Technology reported a sharp sequential rebound in the second quarter of 2026, with consolidated revenue climbing 46% to NT$5.183 billion (US$160.3 million)... Keep me signed in Some subscribers prefer to save their log-in information so they do not have
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Fresh off a record Q1 FY27, Shadowfax is now setting the stage for a standout fiscal year. Fuelled by a surge in net profits and early victories in heavy shipments and quick commerce, the logistics major has upgraded its full-year revenue outlook. During its Q1 FY27 earnings’ cal
Trump administration drops Reflecting Pool vandalism charge and admits 'botched' repairs - Published US prosecutors have dropped charges against a former Olympian who had been accused of vandalising the Reflecting Pool in Washington DC, writing in court documents that the damage