GST cuts shield Indian carmakers from commodity price shockGoods and services tax cuts offer carmakers a crucial buffer against rising commodity prices. Companies are employing various strategies to...
Debt mutual funds attracted Rs 1.87 lakh crore in July after two months of outflows. Is the trend set to continue?Debt mutual funds attracted Rs 1.87 lakh crore in July, reversing June-quarter outflows. Liquid, overnight and money market funds led inflo...
OpenAI’s annualised revenue tops $40 billion ahead of IPOOpenAI is poised to surpass $40 billion in annual revenue, propelling its ambitions for a public offering in the near future, accroding to ...
Global Market: Japan’s yen intervention puts BOJ in spotlight over rate hike pathJapan’s coordinated yen-buying intervention with the U.S. and South Korea has heightened expectations of faster Bank of Japan rate hikes. M...
Fitch affirms US at AA+ with stable outlook, flags fiscal and inflation risksFitch Ratings affirmed the US sovereign credit rating at AA+ with a stable outlook, citing economic resilience and the dollar’s reserve-cur...
Fitch keeps United States at 'AA+', cites economic resilience amid fiscal risksFitch has affirmed the United States’ sovereign credit rating at “AA+” with a stable outlook, citing its large economy, high per-capita inc...
Long-dated G-Secs gain favour as comparable corporate bonds stay scarceAs corporate debt becomes increasingly limited, long-tenured government bonds are witnessing a surge in demand. Institutions like insurance...
Global Market Today: Asian stocks advance, crude oil holds declineAsian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potentia...
Factory sales of cars hit a July highIndia’s passenger vehicle sales rose 34% year-on-year to a record 457,810 units in July, supported by improved affordability and strong CNG...
US wholesale inflation slows as gas prices, food costs fall in JulyWholesale inflation saw a notable decrease last month, easing price pressures. Gas prices reversed some earlier increases, contributing to ...
India Inc revenues jump 22% in June quarter, ICRA saysCorporate India began fiscal year twenty twenty-seven with strong revenue growth. Aggregate revenues for listed companies rose twenty-two p...
Global Market: Japanese bond yields hold near highs as markets brace for BOJ rate hikeJapanese government bond yields remained broadly steady as investors increased bets on a possible Bank of Japan rate hike in September. Sho...
Donald Trump is making a rare Western trip to raise cash for Republicans and talk about the economyPresident Trump visits California and Nevada to contrast his economic policies with Democrats. He aims to bolster Republican support in upc...
US yield curve twists expose Trump's and Bessent's rate dilemmaU.S. bond yields are surging to unprecedented levels, putting the Trump administration in a tough spot. While President Trump pushes for lo...
India's 'BBB-' rating unchanged: Fitch cites energy shocks, fiscal weakness, but praises growthFitch Ratings kept India's sovereign credit rating at BBB- with a stable outlook. Robust growth and solid external finances balance fiscal ...
HDFC Bank cuts MCLR by 5 bps, Bank of Baroda raises 3-month rate by 10 bpsHDFC Bank reduced its lending rates by five basis points across maturities. Bank of Baroda will increase its three-month lending rate by te...
Foreign investors continue buying spree; pour Rs 12,921 cr in first week of AugIn early August, Foreign Portfolio Investors poured Rs 12,921 crore into Indian equities, building on their notable investments from July. ...