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Rupee finds its footing as oil worries cool, traders watch flow momentumThe Indian rupee climbed to its highest value in two weeks, following a notable fall in oil prices. This uplifting trend was mirrored by a ...
DBS Group Q3 net profit falls 5% to S$2.81 billion, misses estimatesDBS Group reported a 5% year-on-year decline in third-quarter net profit to S$2.81 billion, missing analyst estimates due to weaker market ...
Issue for foreigners is they don't pay taxes elsewhere: Samir Arora, founder and Group CIO of Helios CapitalSamir Arora from Helios Capital discusses India's optimistic earnings forecast, suggesting a growth of 14-15%. Despite this, foreign invest...
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...
India’s business owners need to match the global ambitions of Korean and Chinese peers: Gautam Kumra, Chairman of McKinsey's offices in AsiaMcKinsey Asia chairman Gautam Kumra discusses why owner-led businesses have outperformed professionally managed and state-owned peers, acco...
Global Market Today: Asian stocks slide after US tech routMSCI Inc.’s regional equities benchmark slipped 0.3%, declining for a second day, leaving the gauge hovering around levels last seen in Jul...
I-T likely to send notices over undisclosed foreign propertyThe Income-Tax Department will send notices to resident Indians regarding undisclosed foreign properties. Information was obtained through ...
AI debutant’s flameout stokes fears boom is endingElice, a data center and AI developer, faced a significant decline in its stock price during its debut. This situation exemplifies a broade...
Jio Platforms' IPO draws Rs 2.5 lakh crore in anchor bidsGlobal investors included BlackRock Global Funds, Capital Group, Fidelity, New World Fund and American Funds Developing World Growth and In...
- Oil Price Today (October 19): Crude oil dips 2% to $108 after hitting its highest levels since May. Here’s why
Brent crude futures dropped $1.80, or 1.64%, to $108.06 a barrel after settling at their highest level since May 19 on Friday. US West Texa...
Global investors against use of judicial anti-avoidance rule by tax officialsInternational investors have raised concerns regarding the Indian Income-tax authorities' invocation of the judicial anti-avoidance rule. A...
FMCG stocks lost their tag of defensive stocks, will they get it back? 7 FMCG stocks with an upside potential of up to 32%Those who have been following the market for long know this: When there is nervousness on the street, money instinctively moves towards a p...
Axis Bank appoints former HDFC Bank veteran Rahul Shukla to head Commercial, Bharat BankingAxis Bank has appointed Rahul Shukla as the group head of Commercial and Bharat Banking, effective October 19. He brings over three decades...
- Market selloff, rising rates test AI data centre deal boom
A market selloff is forcing companies driving the global AI boom to delay fundraising plans or pay more for capital as investors demand pro...
Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...
Bandhan Bank shares jump 7% as Abu Dhabi’s IHC explores stake in promoter Bandhan Financial ServicesBandhan Bank shares jumped nearly 7% after reports that Abu Dhabi-based IHC was in early-stage discussions to acquire a promoter stake in B...
IHC, First Abu Dhabi eye stake in Bandhan Bank promoterEarly investors GIC & IFC jointly hold 30% in Bandhan Financial Services (BFSL), keen to exit. PE funds tapped too to gauge strategic inter...
Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
Once-hot AI trade leaves Korean stocks struggling for buyersSouth Korea's stock market is facing a significant downturn after a dominant run in the global AI sector, as the Kospi has dropped 22% sinc...
Rates, inflation and AI emerge as key risks for global growth: Deutsche Bank SurveyRising interest rates and bond yields are the biggest growth risks for wealthy investors, while Asia is seen as the most stable geopolitica...