Sponsored by Prashanthi Reddy
Sponsored by simplysouth
3216 వార్తలు
In the previous fiscal year, bank lending to Non-Banking Finance Companies (NBFCs) witnessed an impressive 26 percent increase, fueled by the Reserve Bank of India's easing of risk weights. This favorable shift, along with more lenient regulations and attractively lower lending rates, has propelled a surge in NBFC financing.
Global markets steadied as investors tracked sharp yen movements following suspected Japanese intervention. The dollar briefly slid before stabilising, while equities remained supported by strong tech earnings. Central banks held rates, but hawkish signals from the Fed and ECB kept markets cautious. Rising oil prices and geopolitical tensions added to inflation concerns.
In a bold call to action, Reserve Bank of India Governor Sanjay Malhotra challenged Indian banks to step up as global market-makers for the rupee. This move aims to reclaim the offshore rupee trading space. He pointed out the current deficiencies in rupee derivatives and emphasized the recent tightening of foreign exchange market regulations to minimize currency fluctuations.
In a strategic pivot, the Reserve Bank of India has cut down its deposits with other central banks and is now channeling more resources into US Treasury bills. This decision underscores a growing preference for assets that hold global liquidity, prompted by rising geopolitical tensions. Notably, India's foreign exchange reserves have also been strengthened through this transition.
In a groundbreaking shift, retail investors are now harnessing artificial intelligence to facilitate their trading endeavors. Many see this as a revolutionary step in the investment landscape, with enthusiastic supporters touting the potential for significantly enhanced returns. Emerging platforms enable users to seamlessly integrate AI-driven models into their trading strategies through straightforward commands.
Crude oil, which was priced at around $70 per barrel last year, has averaged more than $114 per barrel in late April. Will this lead to a petrol price hike in India?
The US military blockade in the Gulf of Oman has denied Iran close to $5 billion in oil income since April 13, with 31 tankers and 53 million barrels of crude stranded, Pentagon officials say.
US Iran War LIVE: The conflict, began by the United States and Israel through surprise attacks on February 28, has remained paused since April 8, with just one unsuccessful attempt at direct negotiations.
Pentagon confirmed it is pulling 5,000 troops from Germany after Chancellor Friedrich Merz said US had been ‘humiliated’ by Iran and questioned Washington DC's strategy. The withdrawal will be completed within six to twelve months.
Yesterday RR vs DC match result: Both teams showed aggressive intent, but Delhi Capitals' top-order firepower and strong finishing proved decisive. Rajasthan Royals will look to bounce back in their next outing, while DC will carry this momentum into must-win territory as the league phase heats up.
World News Today Live Updates on May 2, 2026: Stay informed on global events with our in-depth world news coverage, bringing you the latest developments across politics, economy, and culture. Discover insights into international affairs, breaking news, and the trends shaping our interconnected world, all in one place.
A new three-part docuseries, Diana: The Unheard Truth, will feature never-before-heard recordings of Princess Diana made in 1991. The series, set for release in 2027, promises fresh insight into her private life, marriage and views on the royal family.
The Academy has ruled that AI-generated actors and screenplays will not qualify for Oscars, making human performance and authorship mandatory. The new rules come amid growing use of artificial intelligence in filmmaking and days after an AI version of Val Kilmer was unveiled.
Lady Gaga’s quote on resilience highlights the importance of not being defined by failure. Her words, alongside another widely shared line, continue to resonate in a time where purpose and independence shape how people approach work and life.
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024. Despite historical May weakness, analysts are optimistic about continued upward momentum, with Q1 earnings growth at 27.8% and 83% of companies beating estimates.
Prosecutors said the man they charged with starting the deadly 2025 Palisades Fire in Los Angeles was upset about a failed relationship and not having New Year’s Eve plans just before he set a small blaze which rekindled six days later.
A Bengaluru employee’s unconventional farewell email—made entirely of memes—has gone viral after his colleague shared it online, with team members responding in equally humorous fashion.
US President Donald Trump on Friday said that he's unhappy with the latest proposal that Iran sent earlier today, adding that the Islamic Republic is asking for things that Washington can't give.
Zen Technologies saw a significant drop in its March quarter performance. Net profit declined by 69% year-on-year, while revenue from operations fell by 45%. The company's profit after tax is attributable to its shareholders. Zen Technologies has declared a final dividend of Re 1 per share for FY26.
Elon Musk's massive $158 billion compensation package from Tesla highlights stark economic disparities. While workers face stagnant wages and job insecurity due to AI, Musk's pay, tied to future performance targets, dwarfs company earnings and reflects an unsustainable economic trend.
