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Green-debt fees hit nearly $3 billion, topping fossil fuels for fifth yearFor the fifth consecutive year, leading global banks generated more revenue from green projects than fossil fuel financing. Data shows thes...
Blackstone-backed ASK Group appoints Nehal Shah as Group Head of Legal, Compliance and SecretarialBlackstone-backed ASK Asset & Wealth Management Group has appointed Nehal Shah as group head of Legal, Compliance & Secretarial to strength...
Fed meeting today: October interest rate decision, December rate hike outlook and what Kevin Warsh may signalFederal Open Market Committee meeting today: Fed is expected to keep interest rates unchanged despite persistent inflation, putting Kevin W...
Why Walmart would rather keep Flipkart private, for nowOver the past few weeks, much has been written about former employees of the online commerce company writing to Walmart's board, asking for...
SoFi targets idle crypto cash with interest-bearing tokenized depositSoFi Technologies has launched an innovative tokenized deposit product that offers an attractive 4.2% annual interest rate. Funds deposited...
US Market: Wall Street’s AI rally faces test as Meta earnings loomWall Street’s AI-driven rally faces a crucial test as Meta, semiconductor makers and major companies report quarterly earnings. Investors w...
IIM Lucknow completes summer placements with 600+ offers, average stipend up 3%IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. The average monthly stipend for int...
Gold, silver boom puts US bank trading revenues on track for record $5 billionIn the first half of 2026, the precious metals desks at major banks achieved significant earnings due to high demand. JPMorgan Chase report...
Naveen Jindal weighs bid for EU firm CelsaNaveen Jindal, chairman of Jindal Steel, is considering a €5-billion bid for European steelmaker Celsa to enhance his operations. The discu...
US Market: Record equity exposure leaves systematic funds exposed to pullbackUS stocks face downside risks as volatility-control funds and CTAs hold historically high equity exposure after the S&P 500’s rally. A vola...
RBI’s success on dollar flows raises stakes in inflation fight & clamour for rate hikeIndia’s record $133 billion diaspora inflow has flooded banks with liquidity, pushing overnight rates below the RBI’s 5.25% policy rate. Th...
Copper prices may surge another 50%, predicts Deutsche Bank; supply to users could exhaust by 2028Copper prices could surge further as historically low inventories, US stockpiling and constrained mine supply intensify competition for spo...
HSBC makes big push for affluent clients in India to fuel growthHSBC Holdings Plc plans to expand its operations in India by increasing its branch network by 35% over the next two years. The bank aims to...
KKR’s Henry Kravis rejected Alisa Wood in 2003 with a letter; 22 years later after receiving an unexpected call, the MBA graduate became co-CEO of a KKR investment vehicleIn 2003, Alisa Wood was rejected by KKR’s cofounder and the then-chief executive officer Henry Kravis with a letter after sharing a blind r...
WhiteOak Capital plans D-Street foray with Rs 1,500 crore IPOWhiteOak Capital is gearing up for an initial public offering projected to raise ₹1,500 crore, potentially reaching a valuation of ₹9,000 c...
HSBC plans India equity broking return after 13 years amid IPO boom, sources sayAfter a decade-long hiatus, HSBC is gearing up to re-enter the Indian equity broking sector, responding to the increasing demands from weal...
Global Market: ECB launches blockchain payment service, to invest in digital securitiesThe European Central Bank launched Pontes, a new service connecting its payment infrastructure with blockchain markets for euro settlements...
Tata Sons listing to improve SP Group bond outlook; yields seen tighteningShapoorji Pallonji bond yields are expected to tighten significantly after the RBI rejected Tata Sons' application. The Reserve Bank of Ind...
US Market: Wall Street brokerages see S&P 500 extending rally in 2026 on AI, earningsWall Street brokerages remain bullish on the S&P 500 in 2026, with AI-driven earnings growth and resilient corporate profits expected to su...
Anthropic finalising $15 billion pre-IPO credit facilityIn a strategic financial maneuver, Anthropic is set to extend its credit facility to an impressive fifteen billion dollars, with Morgan Sta...