Oil slips below $88 as demand fears trump Iran war risk
Brent crude fell 1.5% to $87.69 a barrel on Thursday, while US WTI dropped 1.6% to $81.97, after analysts and agencies cut global oil demand forecasts for 2026. Opec reduced its demand…
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Indian business, markets, economy, and finance news in brief: RBI, SEBI, corporate India, and the numbers that matter.
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Start SIPs in your 20s to build Rs 1.76 crore by 50
Starting a monthly SIP of Rs 10,000 at age 25 could grow to Rs 1.76 crore by 50, while delaying to age 35 yields only Rs 69 lakh, experts told Livemint. The…
Akasa Air loss widens 37% to Rs 2,716 crore on rupee fall
Akasa Air’s consolidated net loss widened 37 per cent to Rs 2,716 crore in FY26, driven by rupee depreciation, the airline reported on August 11. Revenue from operations rose 37 per cent…
Bank of America to buy up to 49.9% in Jio Credit for Rs 18,268 crore
Bank of America will acquire up to a 49.9% stake in Jio Credit, the NBFC arm of Jio Financial Services, for up to Rs 18,268 crore ($1.9 billion). The deal values Jio…
Healthcare costs top employee financial worries, survey finds
Healthcare costs have overtaken job security as the top financial worry for corporate employees, according to Tata AIG General Insurance's Corporate Health Protection Pulse 2026 survey. The poll of 748 workers across…
MSCI adds Laurus Labs, Lenskart, Adani Energy, Groww to index
MSCI has added Laurus Labs, Lenskart, Adani Energy Solutions and Groww to its Standard Index, NDTV Profit reports. The changes will take effect at the close of trading on May 30. Meanwhile,…
Fermi appoints McIntire CEO four months after co-founder exit
Fermi has named McIntire as its chief executive, four months after ousting its co-founder. McIntire, an independent director at the AI power firm since September, took over as CEO on Tuesday, the…
Kospi Surges 3.6% as AI Rally Revives Korean Stocks
South Korea’s Kospi jumped 3.6% on Thursday, with NDTV Profit reporting a 3.75% rise, as technology shares rallied after softer US inflation reduced fears of an immediate Federal Reserve rate hike. Samsung…
Noel Tata asserts control as Chandrasekaran steps down
N Chandrasekaran will step down as Tata Sons chairman when his term ends in February 2027, after one board member withheld support for a third term. The unnamed dissenter is widely understood…
S&P 500, Nasdaq rise on AI trade as US inflation cools
US stocks climbed on Wednesday, with the S&P 500 and Nasdaq gaining on renewed AI trade optimism. The rally came as July consumer price data met expectations, and a key inflation metric…
