Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...
Global Market: European shares pause after rally, doubts linger over Iran peace dealEuropean stocks faced a minor setback on Wednesday, taking a brief respite following a strong performance in the second quarter. The invest...
Global Market: Australian shares start new financial year lower as banks drag; miners limit lossesAustralian shares kicked off the new financial year on a downbeat note, with banks leading the decline following disappointing housing pric...
Saints & Masters expands multi-cloud play with Xencia acquisitionThe deal comprises a mix of equity, debt and share swap, and follows S&M's earlier acquisition of AWS partner Nubinix Technologies in March...
Why are gold and silver prices up today, and will precious metals continue to rise or drop again? Gold rebounds from multi-month low but remains set for biggest quarterly loss in yearsGold and silver prices moved higher on Tuesday after recent declines, but both metals remain on track for major monthly and quarterly losse...
RBI flags emerging fault lines in private credit market, calls for close monitoringThe Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank's latest report highli...
Bank credit to industry grows at robust 17.5% in May: RBIIndian banks witnessed a significant surge in credit to industries, with a robust 17.5% annual growth in May. This expansion was driven by ...
Fintechs capture 57% share of small personal loans as stress mounts: RBI reportFintech lenders now dominate India's small personal loan market, holding over half of loans under Rs 50,000 by March 2026. This rapid expan...
The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chipsDBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, inf...
NPCI turns to AI to stop frauds from siphoning off moneyIndia's banking sector is set to gain a powerful new weapon against digital fraud. The National Payments Corporation of India (NPCI) has in...
RBI buyback gets few bids despite cash crunchThe central bank's bond buyback saw a lukewarm market reception, attracting significantly less than the offered amount despite a liquidity ...
IIP growth reached a five-month high of 5.1% in MayIndia's industrial production surged to a five-month high of 5.1% in May, driven by robust growth in electricity and manufacturing sectors....
NRI money could ease banks' funding crunch before powering India's capex: Axis Bank CEOIndian banks are set to leverage new foreign-currency deposits from the diaspora to replace costly funding, according to Axis Bank CEO Amit...
US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
Inside Qualcomm's AI Strategy: Opportunities, risks & outlookQualcomm is transforming into an AI infrastructure leader, targeting growth in data centers, automotive, and IoT. Success depends on execut...
Banks' credit steady at 17.7%, deposits ease to 12%: RBIBank credit growth stayed steady at 17.7% for the fortnight ended June 15, unchanged from the previous period, while deposit growth eased s...
Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broadenTokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broa...