Day: August 27, 2026

Gold loans & credit growth: AU Bank, DCB, IndusInd, Shriram & 7 others reveal their playbook

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Youtuber and Haryanvi singer Ankit Balyan was shot dead by unidentified assailants outside a gym in Shamli district on Wednesday evening, police said. Samajwadi Party President Akhilesh Yadav termed Balyan’s killing “highly condemnable”, saying the “law and order” situation had been reduced to “zero” and demanded investigation into possible political rivalry. The former Uttar Pradesh…

South Korean shares rose, led by chipmakers after Nvidia forecast strong AI-driven revenue growth. The KOSPI gained 1.22%, while Samsung Electronics and SK Hynix advanced. The Bank of Korea raised rates by 25 basis points to 3% and upgraded its 2026 growth forecast to 3.3%, keeping investors focused on future monetary policy.

In one instance, the RBI spent $7 billion in just a day intervening in onshore and offshore markets as the rupee approached a record low

South Korea’s central bank raised its benchmark interest rate by 25 basis points to 3% for a second straight meeting, citing stronger-than-expected economic growth and persistent inflationary pressures from higher energy costs. The Bank of Korea also upgraded its growth forecasts, while strong semiconductor exports and AI-driven chip demand are expected to support the economy…

The global sporting event generated $1.9 billion in direct spending on lodging, restaurants, bars, shopping and transportation in the states

Japan’s Nikkei slipped 0.14% as Advantest and SoftBank declined, despite Nvidia’s strong AI outlook. The Topix gained 0.19% as investors rotated towards value stocks. Financial shares advanced, while Fujikura and Kioxia gained. Market sentiment remained cautious toward chip stocks following their sharp gains earlier this year.

In the report, OpenAI said that it knew as far back as late May that AI models it was testing were leveraging a software vulnerability to access the open internet

Of the overall amount, the company has pledged to shell out about $12.7 billion in installments to states over the next 10 years as a starting point