Global asset management giant Blackstone has announced the final close of its third Asian private equity fund, pulling in $13.1 billion in commitments. The fund, Blackstone Capital Partners Asia III…
Category: Market
Gold futures rise nearly 1% to ₹1.6 lakh/10g on firm global cues
Gold prices climbed nearly 1 per cent to Rs 1.60 lakh per 10 grams in futures trade on Tuesday amid renewed geopolitical uncertainty surrounding the US-Iran conflict. On the Multi…
RBI’s intervention contains rupee’s fall, shrinks dollar-rupee forward premiums
The Indian rupee and dollar-rupee forward premiums fell on Tuesday, driven by opposing forces of importer hedging, foreign portfolio outflows and likely central bank intervention across FX market segments. The…
Silver climbs 2% to ₹2.71 lakh/kg in futures trade amid strong global cues
Silver prices climbed by Rs 5,054 to Rs 2.71 lakh per kilogram in futures trade on Tuesday, tracking strong gains in overseas markets as investors assessed developments in West Asia…
Gold rises as lower oil eases inflation, rate-hike fears
Gold rose more than 1% on Tuesday, buoyed by lower US Treasury yields, while weaker oil prices eased fears of higher inflation and elevated interest rates. Spot gold rose 1%…
Anthropic IPO: AI giant’s $965 billion valuation faces market test; experts decode
Artificial intelligence (AI)company Anthropic has confidentially filed for an initial public offering (IPO) in the United States, becoming the first among the new generation of AI leaders to formally move…
Rail Vikas Nigam shares extend losing streak to fifth session, drop over 3.5% to 2-year low
The post-earnings sell-off in shares extended into a fifth straight session on Tuesday, June 2, with the stock falling another 3% to the day’s low of ₹232.80 apiece. The stock…
Oracle layoffs: 30,000 jobs cuts to be completed by June 15 despite booming cloud, AI growth and strong earnings
Oracle Corp has moved into the final phase of what is expected to be its largest workforce reduction, with thousands of employees reaching official separation dates between June 1 and…
Infosys share price jumps 5% in trade today; here’s why
Infosys share price jumped over 6% on Tuesday, 2 June, has expanded its artificial intelligence footprint with the announcement of the launch of Editorial Link Intelligence (ELI). “Infosys and the…
Banking sector Q4 results: NIMs likely bottomed out, business momentum improves; Axis Bank, DCB Bank among top picks
The banking sector reported mixed earnings growth during the fourth quarter of FY26, with private banks reporting relatively stronger performance and state-run lenders witnessing weaker net interest income (NII) growth…