Day: September 29, 2026

Trump signs AI document with tech executives

Fed’s Barr signals more rate hikes needed amid inflation risks

Life-cycle mutual funds automatically adjust their asset allocation as a goal approaches, while a DIY portfolio lets investors decide how to divide their money across equity, debt and gold or silver ETFs. Experts explain how the two approaches differ and which one you should choose.

US stocks closed slightly lower as consumer confidence fell to a significant low not seen in over 12 years. Rising government bond yields have affected investor sentiments before upcoming economic data releases. Reports indicated a decline in job openings and a pessimistic outlook from households regarding the economy. Multiple Federal Reserve officials expressed differing views…

Oil prices have declined as Saudi Arabia restored partial capacity of its East-West pipeline, affecting global oil supply. Concerns regarding a stalemate between the US and Iran remain, but crude oil flows are sustained. The Brent crude future prices approached $103 a barrel, while West Texas Intermediate crude neared $90. There is ongoing movement of…

Linux Laboratories has secured $70 million in equity funding from ChrysCapital and Tata Capital Healthcare Fund III. This investment involves both primary capital and a secondary purchase, marking Tata Capital Healthcare Fund II’s full exit. The funding will help Linux deepen its presence in existing specialties and expand into new therapeutic areas.

The Supreme Court maintained the Delhi HC’s directive for a forensic audit of certain banking transactions. This audit specifically concerns transactions involving Fortis Healthcare Ltd and its former promoters. The audit aims to examine transactions related to the erosion of shareholding in Fortis Healthcare.

Nuvoco Vistas Corp has engaged in a partnership with Clean Max Enviro Energy Solutions for a renewable project. This initiative involves a 46.4 MW wind-solar hybrid energy facility located in Rajasthan. The project will include 20 MW of wind capacity and 26.4 MWdc of solar capacity, featuring a 2-MWh Battery Energy Storage System.

Scotch prices in India have decreased significantly for the first time following the India-UK free trade agreement. Major brands like Johnnie Walker Black Label and J&B are experiencing price reductions in various states. The agreement has halved the tariff on British whisky, leading to these lower prices. Companies are working to submit proposals for price…

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