Markets & Finance
Markets Bet on RBI Rate Hike as Inflation Pressure Builds
Nearly 60% of economists expect the RBI to raise the repo rate by 25 basis points on October 7, its first hike…
Markets & Finance News
Markets & Finance
Saudi Arabia unexpectedly cuts November crude prices for Asia
Saudi Aramco sets November Arab Light OSP for Asia at the widest discount since June 2020, defying expectations of a price hike.
Markets & Finance
Markets eye RBI policy, Q2 earnings as trade resumes
Indian markets resume on October 5 with the RBI policy decision, Q2 earnings, foreign outflows and crude oil in focus after eight…
Markets & Finance
RBI likely to hike repo rate to 5.50% this week
RBI is expected to raise the repo rate to 5.50% at its October 5-7 meeting, the first hike since 2023, as inflation…
Markets & Finance
Das: decade of reforms put India in striking distance of 8% growth
Shaktikanta Das said a decade of reforms has put India within striking distance of 8% GDP growth, with bad loans at a…
Markets & Finance
CEA: equity share of household savings jumps to 15 percent
Chief Economic Adviser Nageswaran said equities and mutual funds now make up 15% of household savings, up from 2% in 2011-12.
Markets & Finance
Nvidia revenue soars 106% to $96.2 billion on AI demand
Nvidia's fiscal Q2 revenue hit $96.2B, up 106% YoY, with data centre sales of $89B; the company guided Q3 revenue of $108B.
Markets & Finance
South Korea orders probe as AI-linked bank hacks widen
President Lee orders a probe after suspected AI-assisted hacks hit Shinhan, KB, Hana and others; the FSC held an emergency meeting on…
Markets & Finance
US adds just 29,000 jobs; Nasdaq still hits record high
US payrolls rose just 29,000 in September versus 90,000 expected; the weak print cut October Fed-hike bets and lifted the Nasdaq to…
Markets & Finance
RBI Governor: next financial crisis could begin with a cyberattack
RBI Governor Sanjay Malhotra: the next financial crisis may start with a cyberattack or tech failure, not a bank; regulators must build…