Category: Business News & Economy

India’s primary market anticipates a significant IPO rush totaling nearly eleven thousand nine hundred eighty crore rupees next week. SBI Funds Management and Alpine Texworld will lead the mainboard segment with substantial fundraising efforts. SBI Funds Management aims to raise eleven thousand six hundred ninety three crore rupees through an offer for sale.

TSMC’s earnings will offer insights into AI chip demand this week. Wall Street banks are set to report, with expectations for strong corporate profits. Oil prices remain volatile amid tensions with Iran and Strait of Hormuz flows. US inflation data will gauge the Federal Reserve’s stance on interest rates. Chinese economic figures will reveal the…

Upcoming economic data and corporate earnings will test the resilient U.S. stock market. Major banks begin second-quarter earnings season, which is expected to be strong. Key economic reports, including the consumer price index, are due next week. Oil prices jumped amid concerns over renewed attacks on shipping and global supplies. Investors seek rate-path signs from…

Federal Reserve officials remain concerned about persistent inflation pressures. Incoming price reports will guide future interest rate decisions by policymakers. A divided committee discussed scenarios for potential policy responses. Some officials favor holding rates steady while others see hikes as appropriate. The central bank awaits crucial economic data to shape its next move.

SK Hynix’s Nasdaq debut saw its shares jump significantly after a large share sale. This event signals strong investor enthusiasm for chip stocks amid the AI revolution. The company’s offering was oversubscribed, meeting strong demand for AI-memory themes. SK Hynix is a leading maker of essential high-bandwidth memory chips for AI. This listing aims to…

After taking over the reign as Berkshire Hathaway CEO in January this year, Greg Abel began putting the company’s record cash pile of nearly $400 billion to work. At the centre of this shift in strategy is Google-parent Alphabet.

In a recent report, the brokerage has shortlisted 10 blue-chip stocks across multiple sectors that it believes offer attractive value and the potential to deliver returns of up to 49% return. Here’s the full list.

SBI Funds Management secured ₹1,655 crore from investors before its IPO. This pre-IPO share sale occurred ahead of the company’s upcoming public offering. The asset manager’s ₹11,693 crore IPO is the largest public issue scheduled for 2026. PI Opportunities Fund-II and Enam’s Akash Manek Bhanshali were among the significant investors. The transaction involved selling a…

Groww experienced a temporary disruption affecting client fund withdrawals on Friday. This incident was attributed to an issue with its cloud service provider, Google Cloud Platform. Some users also reported difficulties depositing money into their accounts. The brokerage stated the problem was promptly resolved before market closing. Customers could then access their funds after the…

Indian equity indices saw a rise on Friday, boosted by information technology stocks. Tata Consultancy Services’ earnings met expectations, easing sector concerns which helped the market. The benchmark indices, however, finished the week marginally lower, ending a winning streak. Renewed West Asia tensions kept investor optimism in check earlier in the week. Brent crude futures…