India's wholesale inflation accelerated from 9.92 per cent in August as fuel and power prices climbed, food inflation quickened and factory-gate prices rose across several industries…
Hyundai Motor Group will invest $15.5 billion in India between 2026 and 2032 to expand manufacturing, R&D, local sourcing and future mobility, and create more jobs…
Pope Leo XIV recently had surgery confirming a diagnosis of lung adenocarcinoma, leading to the removal of a lung lobe. The operation was deemed successful, with doctors assuring there were no complications during the procedure.
Saudi Aramco’s executive headquarters in eastern Saudi Arabia was hit during a missile attack by Yemen’s Houthi militants on Tuesday, causing a fire in a part of the complex, the kingdom’s energy ministry said.
India and the US are continuing to engage to iron out differences on the proposed trade deal, and negotiations are heading towards a "landing point," External Affairs Minister S Jaishankar has said, while noting that the core fundamentals of the bilateral strategic…
Saudi national Abdulrahman Alfozan, 35, was arrested after allegedly hiding a recording device in an OpenAI executive conference room to capture sensitive discussions…
Consumer price inflation measures how fast the cost of a typical household basket is rising. Stubborn inflation keeps central banks from cutting rates.
Exam anglePrice indexes tend to overstate true cost-of-living changes because of substitution, quality and new-product biases.
A bond's price and its yield move in opposite directions. When market yields rise, existing bonds paying lower coupons are worth less, so their prices fall.
Exam angle%ΔPrice ≈ −ModDur × Δyield + ½ × Convexity × (Δyield)². Longer-duration bonds fall more when yields rise.
Buying a stake can make the target a subsidiary, a joint venture or just an investment, and each is accounted for very differently in the buyer's consolidated statements.
Exam angleInd AS 110 control = power over the investee + exposure to variable returns + the ability to use that power. Joint ventures use the equity method (Ind AS 28).
The successful bidder will be required to present its credentials to the Reserve Bank of India in accordance with the Fit and Proper Assessment conducted at the EoI stage…
Rupee’s rally stalls as importer hedging and outflows cap gains even after RBI steps and hawkish signals; traders eye US inflation data for the next move.
Sensex, Nifty, Share Prices Highlights: The stock markets closed in the red on Wednesday as investors booked profits following the previous session's sharp rebound, while rising crude oil prices amid geopolitical supply concerns and sustained foreign institutional…
The Centre approved a 78-day bonus for eligible railway employees ahead of the festive season. The payment covers around 11.41 lakh non-gazetted staff, including loco pilots, station masters and track maintainers.
Commerce and Industry Minister Piyush Goyal on Wednesday said India is working to rebuild its relations with China, but the last word has not yet been scripted on this journey.
Kristalina Georgieva says online fraud could lead people to opt out of system and turn to ‘shoeboxes under their bed’ Business live – latest updates The heads of the Bank of England and the International Monetary Fund have issued a stark warning that rising…
Rising debt levels and global inflation, partly resulting from high energy costs due to the Iran war, have pushed interest rates to multidecade highs, adding to the burdens of the world's poorest nations…
A new anti-avoidance test gives tax authorities greater power to deny treaty benefits if securing tax advantages was a main purpose of an investment structure.
The proposed standards will tighten limits on vehicle pollutants, building on India’s existing framework for progressively reducing automotive emissions.
Bank of Baroda shares declined 3% in morning trade on the BSE on Wednesday, 14 October, a day after NMC Healthcare’s B.R. Shetty filed a lawsuit against the bank.
Tata Power on Wednesday said it is emerging as a preferred partner for India's fast-growing data centre ecosystem, with a diversified opportunity pipeline of over 2.8 GW spanning renewable energy, transmission and distribution opportunities.
TARIL share price rose 14% after the company reported a 135% year-on-year increase in Q2FY27 net profit to ₹79.8 crore, including an exceptional gain. Revenue climbed 60.7% to ₹739.4 crore, while EBITDA margin expanded to 17.4%. Its order book grew 32% to ₹7,237 crore.
Along with the estimated investment to add 91 GW by 2047 to reach the 100 GW target, the country also requires deep private sector participation, CEA Chairman Ghanshyam Prasad said…
Mumbai airport had planned to begin rebuilding Terminal 1B in January 2027. Under the original proposal, domestic flights from Terminal 1 would move to Terminal 2, while some international operations would shift to Navi Mumbai airport.
It is targeting annual returns of 16% to 18%, Deepak Padaki, president of Catamaran Ventures LLP said on the sidelines of Bloomberg's New Economy Forum…
Prime Minister Tarique Rahman's decision to skip the BRICS summit in India was "immature" and damaged Bangladesh's national interest, former premier Sheikh Hasina has said, warning that foreign policy driven by personal reactions or short-term political calculations is…
Anthropic's latest research adds to the growing safety concerns around AI from the ability for models to carry out cyberattacks to the technology going rogue.
Rogue behaviour by AI agents, including corporate network hacks has prompted warnings from researchers and fueled concerns over the fast-advancing technology…
A fight over a datacentre in Utah has been a testing ground for citizens’ assemblies, paving the way to oversight What’s your “(p)doom” – the percentage chance that rogue AI will create an existential catastrophe?
Insurers are taking on more risk than they should. If – or when – a major disaster hits, the catastrophe will have far-reaching consequences I work for a major insurer, assessing the risk posed by natural disasters on properties around the world, from family homes to…
From the IMF's global growth forecast and Navi Pillay's Nobel Peace Prize to India's climate needs, rising healthcare costs and the debate over welfare, today's opinions examine multiple challenges…
The shift from software as a service to AI-enabled planning could move decision-making from fixed cycles to real time, but success will require the right governance, expertise, and…
There is room to assess economic developments before taking further monetary policy action, said Michelle Bowman, the Federal Reserve’s vice chair of supervision.
European Union bank bosses watching Wall Street rivals reap the benefits of US President Donald Trump’s deregulation drive can expect the EU to find ways to deliver some rule relief as soon as next year, according to the head of the bloc’s banking regulator.
Market strategists predict that the earnings season just kicking off in Europe will be a blockbuster one, with sectors including technology and energy taking the lead in beating profit estimates across the continent.
India’s quasi-sovereign wealth fund is planning to invest up to $800 million in data centers and related businesses, seeking to expand in the space after drawing billions in added investments.
A lawyer for Lisa Cook raised “significant concerns” over the “objectivity and fitness of the committee” assembled by President Trump as a way to remove her as a governor at the Federal Reserve.
Analysts at JPMorgan and Citigroup see further revenue growth for the semiconductor foundry, even after already posting a record-breaking figure for the third quarter.
Third-quarter earnings growth is expected to be driven by energy and semiconductor companies, but what if the rest of the market shows up? HSBC envisages a stock market finally broadening out.
New York: AI skills are starting to count toward pay and promotion on Wall Street, with nearly a quarter of financial firms tying raises, bonuses or promotions to employees' proficiency with the technology, a survey showed.Another 30 per cent require employees to…
International brokerage firm UBS says that CarTrade Tech’s OLX acquisition can help the company deliver a 5x revenue surge in just five years as it evolves into a transaction-enablement platform with multiple monetisation drivers across buyers and sellers.The brokerage…
Shares of IDBI Bank rallied nearly 13% on Wednesday, adding more than Rs 11,460 crore to its market capitalisation, bucking the overall muted market sentiment.IDBI Bank shares jumped to Rs 93.60 apiece on NSE, the highest level seen by the stock in nearly two weeks.
