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How Mukesh Ambani plans to spend Jio's mega Rs 27,500 crore IPO proceedsReliance Jio’s upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengt...- China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
- To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...
- Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
- What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...
- Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
- India manufacturing activity rose in May despite cost pressures, PMI showsIndia's manufacturing sector saw its fastest growth in three months during May, fueled by robust domestic demand and a surge in new orders....
- Zepto shares crash 30% in unlisted market despite Sebi nod for IPO. What's cooking?Zepto’s unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor caution in a volatile market. The decli...
- Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
- Why did Nvidia’s strong earnings fail to spark NVDA stock rally? Here's what investors are worried aboutNVDA stock analysis after NVIDIA earnings: NVIDIA reported robust first-quarter earnings with significant revenue growth, yet its stock dip...
- CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
- AI will destroy and create new jobs, urges staff to embrace change: HSBC CEOHSBC's top executive Georges Elhedery stated that artificial intelligence will reshape jobs in finance. The bank is actively retraining its...
- Singapore urges financial firms to use AI to create better jobsSingapore's Deputy Prime Minister Gan Kim Yong is encouraging banks and financial companies to leverage artificial intelligence. The focus ...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- Sebi approves over $1 billion Zepto IPO; 5 other companies also get nodSebi has approved Zepto’s IPO, paving the way for a potential Rs 12,000 crore listing in 2026. The quick commerce startup aims to strengthe...
- Intel stock surges 24% as AI-driven CPU demand fuels turnaroundIntel’s shares surged over 24% after strong AI-driven demand for its CPUs led to better-than-expected results, even prompting sales of prev...
- Intel share price: IT giant stocks predicted to surpass dot-com era peak in 2000, company's market value may hit over $420 billionNvidia, the graphics chip giant that has dominated the AI boom, has also sensed the shift and braced for greater competition. Rival AMD and...
- Lloyds pilots AI investment guidance tool as UK regulator studies impactLloyds Banking Group is the first UK lender to pilot an AI tool for investment guidance. This initiative aims to help customers navigate in...
- Public sector banks told to take quantum leap in encryption for added securityIndian banks are preparing for a quantum computing future. The finance ministry has asked public sector banks to explore quantum-resistant ...
- India Inc eyes global ambitions: HSBC report reveals cross-border trade & investment surgeIndian businesses are aggressively expanding globally. Nearly all plan to boost cross-border trade and investment in the next five years. T...
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