Category: Business News

Greaves Electric Mobility’s Rs 530 crore rights issue was fully subscribed by existing shareholders, reinforcing confidence in the EV maker’s growth strategy. The company will use the funds to expand its product pipeline and technology capabilities while deferring its proposed IPO until market conditions and regulatory approvals become more favourable.

Indian Energy Exchange shares declined after the Supreme Court allowed the Central Electricity Regulatory Commission to continue framing regulations on market coupling, while clarifying it had not expressed any view on the merits of the case. The decision keeps regulatory uncertainty alive for the country’s largest power exchange.

Railway stocks rose after reports that the government plans to invest Rs 45,000 crore in border railway upgrades over the next 18-24 months. The project will cover track, platform and network expansion across several border states and account for around 22% of planned railway infrastructure spending over the next two years.

AI is no longer being used only to automate reporting or reduce manual work. Today’s AI products are helping finance leaders understand transactions before they become ledger entries, predict payment risks and improve financial decision-making. The ET Most Innovative AI Product Awards 2026 recognises these innovations through its Most Innovative AI Product for CFO’s Office…

South Korea’s Kospi plunged more than 5% on Monday after surging a record 18% in the previous session, as renewed selling in heavyweight chipmakers and leveraged ETF-related volatility rattled investors. While analysts expect near-term turbulence to persist, they believe easing foreign selling and corporate shareholder returns could support the market’s longer-term rerating.

The Federal Reserve’s decision to keep interest rates unchanged triggered an unusual steepening of the US Treasury yield curve, with long-term yields surging while short-term yields fell. Investors questioned the Fed’s commitment to fighting inflation, pushing the 30-year Treasury yield to a 19-year high. Markets now await the US July payrolls report for clues on…

According to Reuters, investor sentiment improved after Trump signalled a preference for diplomacy over immediate military action against Iran. The development triggered a sharp decline in crude oil prices, with oil futures falling nearly 5.9% on expectations that tensions in the Middle East could ease and the Strait of Hormuz could remain open to global…

According to Reuters, EY expects the UK economy to expand by 0.8% in 2026 if the vital shipping route reopens by the end of September, before growing 1.2% in 2027 under its base-case scenario.

Global investors are returning to South Korean equities after a sharp leverage-driven selloff, with renewed buying in semiconductor stocks such as Samsung Electronics and SK Hynix. While volatility persists, easing deleveraging, lower short interest and resilient AI-driven chip demand are improving sentiment toward the country’s technology-heavy stock market.

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