RBI Tightens Scrutiny of Overseas Investments Above $1 Billion
The Reserve Bank of India (RBI) has tightened scrutiny of large overseas investments by Indian companies, directing major banks to…
From the newsroom
South Korea’s KOSPI Closes 39% Below June Record as AI Sell-Off Deepens
Clarified October 20, 2026: The headline, table and FAQ now consistently compare closing levels. The earlier wording mixed an intraday…
Gold ETFs See 13th Straight Week of Inflows Despite Falling Gold Prices
Clarified October 20, 2026: The weekly gross, redemption and net figures in the cited report do not reconcile arithmetically. The…
Jamie Dimon Says JPMorgan Chase Will Block External AI Agents From Customer Accounts
JPMorgan Chase is blocking external artificial intelligence agents from directly accessing and operating customer bank accounts, as CEO Jamie Dimon…
BMW Offers Up to $730,000 in Voluntary Exit Packages as It Targets 8,000 Job Cuts
BMW has launched a voluntary exit programme that could pay some eligible employees as much as €650,000, equivalent to approximately…
China Targets Offshore Trust Income as Billionaires Face Tax Deadline
China is intensifying its scrutiny of wealth held overseas, potentially affecting eight billionaires and their beneficiaries whose associated offshore assets…
Disney Asked Character.AI to File for Bankruptcy Amid Lawsuits
Disney reportedly required Character.AI to pursue bankruptcy proceedings as part of a deal that gives the entertainment company access to…
Asian Refiners Clash With Saudi Aramco Over 2027 Oil Contracts
Negotiations between Saudi Aramco and Asian oil refiners over crude supply contracts for 2027 have run into difficulties as the…
UltraTech Cement Q2 Profit Rises 21% to ₹1,494 Crore as Revenue Grows 19%
UltraTech Cement reported a 21.3% year-on-year increase in consolidated net profit attributable to the parent to ₹1,493.8 crore for the…
Zen Technologies to Acquire 51.98% Stake in Cogknit for ₹135 Crore
Zen Technologies has approved an investment of ₹135.15 crore to acquire a 51.98% stake in Cogknit Semantics, a Bengaluru-based defence…