SoftBank resumes talks with Goldman Sachs, JPMorgan and Mizuho for a $10 billion loan backed by its OpenAI stake, offering a guarantee as it pursues aggressive AI investments
Prudential HCL Health Insurance gets IRDAI nod as a standalone health insurer, marking India’s third new insurance entrant of 2026.
Canara Bank reported steady growth across key business segments during the June quarter, with its global business crossing the ₹29 lakh crore milestone. As per the bank’s provisional filing, global business stood at ₹29.06 lakh crore as of June 30,…
Gold and silver hover near one week highs as investors await key US jobs data and Federal Reserve rate signals, with precious metals holding firm despite mild pressure.
Morgan Stanley warns that the derating story is not over yet as largecap IT stocks bottomed out previously at a multiple between 11 times to 13 times, and therefore, it sees scope for further downside from current levels.
Since Friday will be a stock market holiday on Wall Street on account of Independence Day, the scheduled US jobs report will be reported later this evening. Consensus estimates project non-farm payrolls to rise by 1,15,000 in June, while unemployment…
US stocks edged higher as Fed Chair Kevin Warsh said inflation risks have eased but avoided giving any rate path guidance, while oil prices fell and investors awaited key jobs data.
Indian Bank reported a 13.6% rise in total business in the June quarter, with both loans and deposits growing at a healthy pace. Lending continued to outpace deposits slightly, while the bank’s low-cost CASA deposits remained broadly stable.
Wipro ADRs dropped more than 13% amid continued concerns over weak earnings outlook and rising AI-driven pricing pressure in the IT services sector, with a recent JPMorgan downgrade adding to negative sentiment.
South Indian Bank reported healthy business growth in the April-June quarter, with loans crossing ₹1 lakh crore and deposits rising over 11%, supported by steady growth in low-cost CASA deposits.