UK's Revolut wins French banking licence in fresh push across EuropeFintech firm Revolut has obtained a French banking license. This move signifies a major step in its European expansion plans. The company i...
Nielsen to acquire DoubleVerify for $2.15 billion in all-cash dealNielsen will acquire DoubleVerify for about $2.15 billion in an all-cash deal. This acquisition aims to create an independent media intelli...
Indian banks' new hunt for diaspora dollars pumps up loans marketsIndian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...
Oil ticks up after selloff as talks to end US-Iran war remain uncertainOil prices saw a slight rebound on Tuesday after earlier declines. Concerns over Middle Eastern supply remain high due to U.S.-Iran tension...
AI isn’t a catch-all trade for stocks in this earnings seasonInvestors are becoming more selective about AI-linked stocks, rewarding companies such as Microsoft and Amazon for showing clear returns fr...
Know Your Fund Manager | Gaurav Chopra, Fund Manager – Equity at Union AMCWith over a decade of experience in equity research, portfolio management and fund management, Union Mutual Fund's fund manager shares his ...
How the quick fall from grace of a fund run by 'Nostradamus of AI' triggered a 24-hour race to salvage itLeopold Aschenbrenner's hedge fund incurred significant losses and a forced sale of investments. Billionaire Ken Griffin's Citadel acquired...
US Stock Market: JP Morgan brings forward Fed rate hike call to December after July policy meetingJ.P. Morgan has brought forward its forecast for the next US Federal Reserve rate hike to December 2026 after the Fed held interest rates s...
$32 billion inflows from India's forex drive yet to boost rupeeIndia's special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupe...
India bonds tiptoe along ahead of Fed meet; oil prices weighIndian government bonds traded range-bound early Wednesday as investors awaited the Fed's rate decision. Oil prices climbed, reviving conce...
Patchy rains may hit rural lending, banks stay cautiousBankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rur...
Barclays sees RBI holding rates in Aug policy as FCNR(B) inflows ease rupee concernsIn the forthcoming monetary policy meeting, the Reserve Bank of India is likely to maintain the current interest rates. The recent surge in...
Global Market: Barclays posts robust H1 results, raises guidance on investment banking momentumBarclays has reported an impressive seventeen percent increase in profits for the first half of the year, exceeding analyst predictions and...
Oil prices fall 1% as investors weigh pause in US strikes on IranOil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Midd...
Bond investors, unsure about Fed policy outlook, hedge against US rate shockAs U.S. interest rates continue to rise, bond investors are taking proactive measures to protect their portfolios. The surge in demand for ...
Bain Capital in advanced talks for 25% stake in IndusInd Insurance, marking its first India insurance betBain Capital is nearing a deal to buy a significant stake in IndusInd General Insurance. This acquisition could value the insurer at over s...
Samsung Galaxy Card launches in the US to take on Apple Card: 5% cash back, $200 bonus, no annual feeSamsung Galaxy Card reward: Samsung has launched its first branded credit card, the Samsung Galaxy Card, in the United States. This new Vis...