Govt, RBI firm ESMA has to change stance on CCIL oversight for any MoU
NEW DELHI/MUMBAI: The Reserve Bank of India and the government are uncomfortable signing agreements with the European Securities and Markets Authority (ESMA) unless regulations calling for overseas...
View ArticleArch-Function LLMs promise lightning-fast agentic AI for complex enterprise...
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Enterprises are bullish on agentic applications that can understand user...
View ArticleAscertis Credit: Ascertis Credit to launch fifth fund, eyes $1 billion raise
Mumbai: BPEA Credit, rebranded as Ascertis Credit, is eyeing a $1 billion (about ₹8,400 crore) fundraising for its fifth fund, after investing more than $1 billion across four funds to date. The firm...
View ArticleAsian Stocks Slide as Tech Selloff Hurts Risk Mood: Markets Wrap
(Bloomberg) — Stocks in Asia slipped on Wednesday, tracking a US selloff, as investors weighed if the artificial intelligence rally that’s powered the bull market recently still has room to run. Most...
View ArticleEU markets watchdog pushes for extra cyber defences in new crypto rules
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Crypto companies should be forced to hold external audits of their cyber...
View Articlecrude oil: India’s Russian oil imports rise 11.7% in September, data shows
India’s crude oil imports from Russia rose by 11.7% to about 1.9 million barrels per day (bpd) in September, accounting for about two-fifths of the South Asian nation’s overall crude imports in the...
View ArticleDA Hike: Dearness allowance hiked! Diwali comes early for central government...
DA for central government employees is determined using the most recent Consumer Price Index for Industrial Workers. DA hike for central government employees: Diwali 2024 came early for central...
View ArticleRub-off effect! AMC stocks rally up to 11% after HDFC AMC Q2 beat
The shares of listed asset management companies (AMCs) rallied up to 11% after HDFC Asset Management Company declared its Q2 results. Aditya Birla Sun Life AMC shares went up 11% whereas that of...
View ArticleStocks stunned by ASML curveball, pound plunges
A look at the day ahead in U.S. and global markets from Mike Dolan World markets struggled to find a footing on Wednesday after Europe’s ASML sideswiped the global chip sector late yesterday with a...
View ArticleClik here to view.
Sub-Rs 1k crore shortcut on Bharatmala Map
New Delhi: The yet-to-be-awarded projects under Bharatmala Pariyojana that were halted in November 2023 will now be awarded directly by the ministry of road transport and highways. Projects costing...
View ArticleClik here to view.
Noel Tata set to be appointed to board of Tata Sons
MUMBAI: Noel Tata, chairman of Tata Trusts, which holds an approximately 66% stake in Tata Sons, is set to be appointed to the board of the latter.Noel will be the sole member of the Tata Group’s...
View ArticleClik here to view.
The stock market is in a ‘mania’ that will push it higher before a potential...
The S&P 500 looks like it’s in another “mania,” according to a Stifel analysis of the last 139 years of market history. Adobe Firefly, Tyler Le/BI The S&P 500 could lose a quarter of its value...
View ArticleAsian stocks: Asian stocks advance after US small-cap rally
Equities in Asia rose after Wall Street closed higher, helped along by a rotation out of megacap tech and into economically sensitive shares including smaller companies. Shares in Japan and Australia...
View ArticleNvidia just dropped a new AI model that crushes OpenAI’s GPT-4—no big launch,...
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Nvidia quietly unveiled a new artificial intelligence model on Tuesday...
View ArticleClik here to view.
Donald Trump has a new crypto venture. The industry is not impressed
A new digital assets venture promoted by Donald Trump is being shunned by much of the crypto industry, as executives fear the project will undermine efforts to rebuild trust with consumers after years...
View ArticleHigh prices of imported crude, gold, and chemicals contributed to high...
India’s imported inflation reached a 13-month high in September 2024, growing by 2 per cent, according to a report by the State Bank of India (SBI). The report highlighted that imported inflation is...
View ArticleNew IRCTC train ticket reservation rules! Indian Railways changes advance...
The new train ticket booking rule by Indian Railways will come into effect from November 1, 2024. New Indian Railways train ticket booking rules: Indian Railways has changed its advance train ticket...
View ArticleEuropean shares climb on earnings boost ahead of ECB policy verdict
Stocks in Europe regained some lost ground on Thursday as investors eyed a dovish outlook on top of an expected European Central Bank interest rate cut during the day, while parsing a largely upbeat...
View ArticleFlorida homeowners fear soaring insurance cost after hurricanes
By Michelle Conlin and Matt Tracy NEW YORK/WASHINGTON (Reuters) – For 32 years, Jim Tynan had a homeowners’ policy with Allstate on his 1,200-square foot condo in Ponte Vedra, Florida. In January,...
View ArticleUCO Bank plans to raise Rs 2,000 crore via QIP in Q3
NEW DELHI, State-owned UCO Bank on Saturday said it is planning to raise up to Rs 2,000 crore through share sale during the December quarter. The plan to come out with Rs 1,500-2,000 crore qualified...
View Article