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Persistent Systems’ strong deal wins boost outlook, acquisition costs pose riskFollowing a major acquisition announcement, Persistent Systems stock has seen a remarkable rebound. In its latest June quarter results, the...
NFO Alert: Zerodha Fund House announces launch of Zerodha Life Cycle Fund 2031Zerodha Fund House launched the Zerodha Life Cycle Fund 2031, a five-year target-date fund NFO open until September 10. The fund automatica...
Global Market Today: Nasdaq futures, Asian stocks rise on Nvidia outlookContracts for the tech-heavy Nasdaq 100 Index climbed 1.2%, while those for the S&P 500 Index added 0.6% after Nvidia signaled strong sales...
Lenders may turn to OFCB route to raise more funds abroadIndian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic...
NFO Alert: ICICI Prudential Mutual Fund to launch 3 life cycle fundsICICI Prudential Mutual Fund has launched three open-ended life cycle funds with five-, 10- and 15-year horizons. The schemes use a glide-p...
Private credit play: Modulus Alternatives’ third fund crosses Rs 300 crore in first closeModulus Alternatives has secured over Rs 300 crore in the first close of its third private credit fund, India Credit Opportunities Fund III...
Sterling hovers near six-month high underpinned by BoE rate hike expectationsThe pound is maintaining its position close to a six-month peak against the dollar, buoyed by expectations of interest rate hikes. However,...
Gold touches highest level since mid-May as buying momentum buildsGold prices experienced an uptick on Tuesday, fueled by news of Treasury buybacks. The market's focus is now on significant U.S. inflation ...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 28%As long as geopolitical uncertainty remains, volatility will be an inevitable part of the equity market. In such a scenario, stick with dom...
US billionaires are piling millions into Argentina's Shale boom, here’s what is driving itAmerican billionaires are increasing investments in Argentina's Vaca Muerta shale basin. Harold Hamm's Continental Resources plans a $4 bil...
IRS final notice of Intent to Levy: What 30 days means before the IRS can seize money or propertyThe IRS Final Notice of Intent to Levy is a serious warning. It can come before the IRS takes money or property to collect an unpaid tax de...
JBM Auto responds to Bain EV investment report, says no material disclosure requiredJBM Auto on Friday clarified that a report on Bain Capital's proposed investment in its electric vehicle business relates to subsidiary JBM...
Strikes in the Gulf changing rules behind India’s big-money betsIndia Private Equity Investment 2026: Geopolitical risks now shape private equity deal considerations in India. Investors increasingly focu...
Rs 30,000 monthly SIP across 10 funds. Why this investor’s mutual fund portfolio may need a resetA 36-year-old investor's Rs 30,000 monthly SIP portfolio requires adjustments for financial goals. The expert highlights an inadequate reti...
Global Market: Treasury bond buybacks complicate Fed’s path to price stabilityThe U.S. Treasury has doubled its planned buybacks of longer-dated government debt to at least $4 billion per operation, easing pressure on...
US stocks: US market rises as yields ease, Moderna lifts healthcare stocksUS stock markets enjoyed a boost as easing bond yields and a spike in Moderna shares contributed to a favorable trading environment. Despit...
Regulatory tailwinds to boost growth for MCX, says HDFC Securities, retains Buy for 18% gainsHDFC Securities retained its Buy rating on MCX with a Rs 3,600 target, citing regulatory easing, FPI participation and new bullion and meta...
One common stock across 6 top performing mutual funds: Is MCX a signal or a crowded trade?MCX is the sole stock held by six top-performing mid and small-cap mutual funds. Analysts at UBS see a re-rating opportunity, upgrading the...
Banks may rush to tap short loans abroadBankers said some lenders now plan to borrow more short-term funds, possibly at a higher rate, to finance the promised leverage to FCNR(B) ...
Why a judge just rejected Trump’s latest legal attack on HarvardA federal judge dismissed a lawsuit accusing Harvard University of failing to protect Jewish students. The government did not show an ongoi...