Investors are exploring Power Finance Corporation zero coupon bonds for diversification. These bonds offer attractive post-tax returns, surpassing bank deposits and tax-free bonds. With falling interest rates, there is potential for capital appreciation in the coming years. The issue is currently open for subscription, providing an opportunity to lock in gains.Read More

India is taking a strong stance against privacy cryptocurrencies. The Financial Intelligence Unit has directed crypto exchanges to stop dealing in these virtual assets. This move aims to curb money laundering and mask transaction trails. Privacy coins like Monero and Zcash use advanced cryptography to hide user identities and transaction details. This directive could significantly...Read More

BNP Paribas sold 60 lakh RBL Bank shares via a bulk deal, reducing its stake, while BofA Securities bought in. The transaction came amid recent stock weakness, despite strong one-year returns, improved asset quality, and robust profit growth.Read More

MakeMyTrip’s Q3 net profit fell 73% to $7.3 million as finance costs surged after its capital raise, even as revenues, operating profit and hotel bookings grew, aided by portfolio diversification and AI-led efficiency initiatives despite slower domestic air travel growth.Read More

Indian markets stayed volatile as global risks, weak banking and IT earnings, and a falling rupee hurt sentiment. Late value buying trimmed losses, while analysts warned volatility may persist, with selective accumulation opportunities emerging amid resilient domestic demand ahead soon.Read More

Major Wall Street banks are ​pushing back on some of President Donald Trump’s ideas for lowering the U.S. cost of living ahead of ⁠mid-term elections, while suggesting others in an effort to shape policy, sources familiar with the discussions said.Read More

The infrastructure to develop and power generative artificial intelligence models will require further “trillions” of dollars in investment, the head of top AI chipmaker Nvidia said Wednesday.Read More

Netflix’s co-CEOs found themselves in an unusual position after the company’s latest earnings ⁠report: on the backfoot. The streaming pioneer’s decision to plunk down nearly $83 billion on Warner Bros’ assets marks a significant departure from the company’s long-standing mantra: build, don’t buy.Read More

JPMorgan Chase CEO Jamie Dimon warned ⁠on Wednesday that a proposal to cap credit card interest rates would amount to economic disaster, while U.S. President Donald Trump doubled down on the idea and said he was asking Congress to approve the move.Read More

Homebuyers’ body FPCE has demanded that the government in the upcoming Budget provide interest subsidy on home loans to people purchasing affordable and mid-income housing.Read More