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Fri, Aug 28, 2026
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Day: August 28, 2026

Business News

Raksha Bandhan bank holiday on August 28, 2026: Are banks open or closed today in your state? Check list

FinSiddhiAugust 28, 2026

Bank holiday today: On August 28, 2026, banks in numerous Indian states temporarily closed to allow citizens to celebrate various regional festivals. The observance of these holidays was uneven across states, showcasing India’s diverse cultural landscape.

Business News

Anthropic plans to publicly unveil IPO prospectus after Labor Day

FinSiddhiAugust 28, 2026

Anthropic is considering allowing existing shareholders to sell ​shares as part of its IPO and weighing lockup periods longer than the customary 180 days, according to ​the Information report.

Business News

Barclays targets India’s billionaires as private banking competition intensifies

FinSiddhiAugust 28, 2026

Barclays is targeting India’s wealthiest founders and business owners as it seeks to expand its private banking business amid intensifying competition. The lender is leveraging its international network and capital-markets expertise to serve ultra-rich Indians with global assets, aiming for double-digit growth and deeper relationships with the country’s top promoters.

Business News

Anthropic planned, then abandoned $7 billion purchase of MatX

FinSiddhiAugust 28, 2026

The merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab’s ambition ​to secure the resources and talent needed to build its own chips. The goal is to help Anthropic accelerate its in-house chip development.

Business News

Major tech companies call for defensive surge to defeat AI-driven hacks

FinSiddhiAugust 28, 2026

It called on governments to ​expedite trusted access programs, which give certain companies ​access to more powerful models ahead of the general public, and for all other organizations to “make cyber defense an immediate leadership priority.”

Business News

Advent, Stripe consortium is said to drop pursuit of PayPal

FinSiddhiAugust 28, 2026

The payments company, once the crown jewel of American ​financial technology, received a $60.50-per-share ⁠bid from ‌Stripe and private equity firm ​Advent ​International, which valued it at ⁠more than $53 billion, Reuters reported in July, ​citing sources.

Business News

Gold treads water ahead of Fed Warsh’s Jackson Hole speech

FinSiddhiAugust 28, 2026

In early Asian trading on Friday, gold prices slipped slightly as markets geared up for an anticipated address by Federal Reserve Chair Kevin Warsh at Jackson Hole. With Fed officials expressing concerns about ongoing inflation in the United States, and labor market data indicating stability, traders are eager to see how this may influence a…

Business News

Judge likely to deny California’s bid to stop Amazon’s alleged price fixing

FinSiddhiAugust 28, 2026

Bonta sued Amazon in 2022, ​accusing the company of dominating online retail with anticompetitive tactics that ​raise prices for consumers.

Business News

Buying health insurance in 2026? Check these 7 factors before choosing a policy

FinSiddhiAugust 28, 2026

Best health insurance policy 2026 India: compare sum insured, exclusions, waiting period, co-payment, sub-limits, network hospitals, top-up plans & no-claim bonus before buying a family floater.

Business News

Raksha Bandhan: How to gift mutual funds to your sibling? Know the process and key conditions

FinSiddhiAugust 28, 2026

This Raksha Bandhan, gift mutual fund units to your sibling instead of a traditional present. Know the transfer process, eligibility, charges, tax treatment, NRI and minor rules, and what happens to SIPs after gifting.

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TYO 14.57 +0.00 +0.03%
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GOOGL 340.65 -1.35 -0.39%
MSFT 505.06 +8.69 +1.75%

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Business News

Barclays targets India’s billionaires as private banking competition intensifies

FinSiddhi August 28, 2026

Barclays is targeting India’s wealthiest founders and business owners as it seeks to expand its private banking business amid intensifying competition. The lender is leveraging its international network and capital-markets expertise to serve ultra-rich Indians with global assets, aiming for double-digit growth and deeper relationships with the country’s top promoters.

Business News

Anthropic planned, then abandoned $7 billion purchase of MatX

FinSiddhi August 28, 2026
Business News

Major tech companies call for defensive surge to defeat AI-driven hacks

FinSiddhi August 28, 2026
Business News

Advent, Stripe consortium is said to drop pursuit of PayPal

FinSiddhi August 28, 2026

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