Wall Street endured another turbulent day on Friday, capping off its worst week since March 2023. The S&P 500 fell 1.7%, while the tech-heavy Nasdaq composite plunged 2.6%, driven down by key technology stocks like Broadcom and Nvidia. These companies, once flying high during the…
Oil prices edged lower on Wednesday as swelling U.S. crude inventories and signs of easing tensions in the Middle East…
The Indian rupee strengthened for the second consecutive session on August 20, rising by 8 paise to settle at 83.79…
On Wednesday, the Indian rupee depreciated by 1 paisa, matching its all-time closing low of 83.70 against the US dollar.…
Gold prices dipped slightly on Friday but remained on track for a third consecutive weekly rise. This positive momentum follows…
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Banking & Finance
The U.S. dollar lingered near a one-week low on Friday as markets braced for a…
Rupee Strengthens by 7 Paise to 83.82 Against US Dollar in Early Trade Amid Positive Market Sentiments
In a positive start to Friday’s trading session, the Indian rupee appreciated by 7 paise…
In a strategic move to stabilize the Indian rupee, the Reserve Bank of India (RBI)…
RBL Bank Announces Ambitious Rs 6,500 Crore Capital Raise Amid Growth Plans
In a strategic move aimed at fortifying its financial position and supporting future growth initiatives,…
SBI Raises Rs 10,000 Crore via Bonds to Fund Infrastructure Projects
State Bank of India (SBI), the country’s largest lender, successfully raised Rs 10,000 crore through…
SBI Greenlights Raising Up to Rs 20,000 Crore for FY25 via Long-Term Bonds
India’s largest public sector bank, the State Bank of India (SBI), has received board approval…
The State Bank of India (SBI), the nation’s largest lender, announced on June 11 that…
RBI Maintains Foreign Investment Limits in Indian Securities for FY25
The Reserve Bank of India (RBI) announced on April 26 that it will keep the…
Bank Employees Set to Receive Substantial Wage Hike; Saturdays as Potential Holidays Pending Approval
In a landmark development, bank employee unions and the Indian Banks’ Association (IBA) have reached…
Market
In a bold leap that could redefine global finance, the crypto industry is once again…
Wall Street Rallies on Strong Jobs Data and China Trade Hopes; Tesla Rebounds
U.S. stock markets closed the week on a high note, driven by a stronger-than-expected jobs…
Indian Rupee Slips 24 Paise Amid Global Uncertainty, Opens at 85.5238/USD
The Indian rupee opened 24 paise lower at 85.5238 against the US dollar on Monday,…
Price War Shocker: BYD’s Deep Discounts Shake Up China’s EV Market, Stocks Plunge
Chinese electric vehicle (EV) stocks took a nosedive on Monday after industry giant BYD Co.…
Wall Street wrapped up a subdued week on Friday, with major U.S. stock indexes closing…
Wall Street Wraps Up a Winning Week Amid Trade Hopes and Earnings Surge
Wall Street closed higher on Friday, capping off a robust week marked by upbeat earnings…
Chinese Stocks Rally for Third Straight Day Amid Stimulus Bets and Trade Hopes
Chinese stocks extended their winning streak for a third consecutive day on Thursday, as investor…
Wall Street closed on a positive note on Friday, buoyed by U.S. President Donald Trump’s…
In a week marked by global tensions and economic uncertainty, Wall Street closed on a…
International
China Lifts Tariffs on U.S. Farm Goods After Washington Reduces Fentanyl-Related Duties
In a major step toward easing trade tensions, China has officially suspended its retaliatory tariffs…
China and US Confirm Breakthrough Trade Deal, Paving Way for Rare Earth Supply and Eased Restrictions
In a major diplomatic and economic breakthrough, China confirmed on Friday that it has finalized…
Oil Prices Rebound Amid Fears of Supply Disruption from Tropical Storm Francine
Oil prices made a notable recovery on Wednesday, driven by concerns over potential supply disruptions…
Japan’s Q2 GDP Growth Revised Down Slightly Amid Slower Consumption and Capital Expenditure
Japan’s economic growth for the second quarter of 2024 has been revised down slightly, according…
SoftBank Group Corp. has announced a ¥500 billion ($3.4 billion) share buyback in response to…
Hyundai to Invest $28 Million in Thailand for Electric Vehicle Assembly and Batteries
In a significant boost to Thailand’s burgeoning electric vehicle (EV) sector, South Korean auto giant…
Oil prices surged by over $1 in early Asian trading on Tuesday, rebounding from the…
SoftBank, Naver JV to Tender Minor Stake in Line Operator’s $1 Billion Buyback
In a significant financial move, a joint venture between Japan’s SoftBank Corp and South Korea’s…
Nissan and Honda Join Forces on Next-Gen Software Platform for Electric Vehicles
In a significant move towards advancing automotive technology, Nissan Motor and Honda Motor have announced…

