Forget gold and stocks: Nvidia CEO Jensen Huang aims to make chips an investable asset, lines up $500 bn in financingNvidia CEO Jensen Huang said AI compute is emerging as a new investable asset class as the chipmaker partners with six major financial firm...
Trump Media sees $238 mn second-quarter loss on digital assets declineThe parent company of President Donald Trump's Truth Social platform reported a ten-fold increase in losses for the second quarter on Monda...
ICICI Prudential AMC to buy ISecs' PMS businessICICI Prudential AMC's board approved acquiring ICICI Securities' PMS business. This acquisition will broaden the company's existing portfo...
Fusion Finance turns profitable as asset quality improves sharplyFusion Finance reported a Rs 62.4 crore Q1 profit, reversing a year-ago loss, as improving asset quality lifted performance. Gross NPA decl...
Motilal Oswal Asset Management Company crosses Rs 2 lakh crore AUM, adds 56.08 lakh SIPs during FY2026Motilal Oswal Asset Management Company crossed Rs 2 lakh crore in total AUM across mutual funds, AIF and PMS as of August 7, 2026. The mile...
Govt mops up Rs 45,306 cr from disinvestment, asset monetisation in FY26; exceeds RE targetGovernment's combined disinvestment and asset monetisation mop-up reached Rs 45,306 crore in FY26. This figure surpassed the Revised Estima...
Purchase of bad loans by ARCs rises 56% in Q1Asset reconstruction companies bought twenty-six thousand three hundred four crore rupees of bad loans. This acquisition saw a fifty-six pe...
Canada’s PSP Investments weighs $1.5 billion sale of India roadsThe Public Sector Pension Investment Board is considering strategic moves for its Indian road assets. This Canadian pension fund is engagin...
US sanctions on six entities, one individual linked to Iran's illicit digital asset network following Strait of Hormuz attacksThe United States imposed sanctions on six entities and one individual linked to Iran's digital asset network. These measures followed Iran...
SBI Chairman Setty rules out asset quality stress in Q1, says seasonality distorts sequential NPAsState Bank of India reported a strong first quarter with net profit rising over ten percent. Gross advances surpassed fifty lakh crore rupe...
SBI Q1 profit beats estimates on strong loan growth, asset qualitySBI reported a 10% rise in Q1 net profit to Rs 21,121 crore, beating estimates on robust loan growth and higher net interest income. Improv...
ReNew explores Rs 1,000 crore sale of hydropower businessReNew plans to sell its hydropower unit for approximately ₹1,000 crore. This move aligns with the company's asset recycling strategy for ne...
Iran warns Gulf states of strikes on energy assets if US attacks resumeIran has warned Gulf states of retaliatory strikes on their energy and water facilities. This diplomatic push aims to deter further United ...
Quote of the day by Myron Scholes: "At times of shock, converting illiquid assets to cash to build flexibility is very expensive. Finding an umbrella in a rain storm might be impossible or very costly."Nobel laureate Myron Scholes emphasizes liquidity's value during market shocks. Illiquid assets become difficult to sell without significan...
Why multi-asset funds are becoming investors' go-to choiceMulti-asset funds are becoming core holdings for investors seeking diversification. These funds invest across equity, debt, and precious me...
ETMarkets NRI Talk | Alternatives can account for up to 20% of an NRI's India allocation: Shiv GuptaFrom portfolio management services (PMS) and alternative investment funds (AIFs) to private credit, these asset classes offer the potential...
Apollo Global debt deal fees and insurance earnings rise, asset sales dragApollo Global Management has posted unprecedented fees from its lending and insurance sectors, though asset sales fell short, resulting in ...