The Supreme Court has allowed Aakash Educational Services to proceed with its rights issue. This fundraising move was challenged by Byju’s bankrupt parent company, Think & Learn. The court asked Think & Learn to subscribe to the shares by next Monday. Aakash Educational Services assured the court that Think & Learn’s shareholding would be protected.Read More
Gold and silver prices have seen significant drops, with gold falling nearly 16% and silver by 38%. Despite this, buyers remain cautious, hoping for further price declines, with demand primarily seen for wedding purchases.Read More
The U.S. Federal Reserve could approve “several more” interest rate cuts this year if inflation resumes a decline to the central bank’s 2% target, Chicago Fed President Austan Goolsbee said on Tuesday, downplaying a recent weak consumer price report as masking strong service price increases.Read More
Fewer top corporate executives could be subject to extensive investor disclosures about their compensation under pending regulatory reforms, Wall Street’s top regulator said Tuesday.Read More
Shares in Raspberry Pi rose as much as 42% on Tuesday in a record two-day rally after CEO Eben Upton bought stock in the beaten-down UK computer hardware firm, halting a months-long slide, as chatter grew that its products could benefit from low-cost artificial-intelligence projects.Read More
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