Reuters

RBL Bank eyes wealth management after Emirates NBD acquires 60% stake

The deal is the latest in a series of cross-border deals in India this year as India seeks to attract foreign investment and strengthen the country's midsize banks

RBL Bank's ₹26,853 crore deal with Emirates NBD marks record FDI in banking

The deal is the largest by a Middle Eastern bank in India, and comes months after Japan's Sumitomo Mitsui Banking Corporation's move to buy up to 25% of Yes Bank

Zelenskyy to request Tomahawk missiles from Trump amid Putin summit

Trump announced the summit after a more than two-hour phone conversation with Putin about Russia's war in Ukraine on Thursday, which he said was productive

Global bank stocks fall on credit worries as US lenders rebound slightly

The banking sector's exposure to two recent US auto bankruptcies has rekindled concerns about lending standards more than two years after Silicon Valley Bank's failure triggered broader turmoil

JSW Steel Q2 results: Profit rises fourfold to ₹1,623 crore on strong sales

The company kickstarts quarterly results for the industry, which has seen steel prices drop despite the Indian government's import tariff on some steel products

World Bank's Banga seeks more transparency in debt restructuring process

Banga said the World Bank was working very closely with the International Monetary Fund and others to accelerate debt restructuring under the G20 Common Framework for Debt Treatments

Trump says proposed 100% tariffs on China not sustainable, blames Beijing

Trump also confirmed he would meet with Chinese President Xi Jinping in two weeks in South Korea - a meeting he had cast doubt on last week - and expressed admiration for the Chinese leader

Putin-Trump summit may happen within 2 weeks, preparations ongoing: Kremlin

Trump and Putin agreed on Thursday to a hold a second summit on the war in Ukraine, provisionally in Budapest, following an August 15 meeting in Alaska that failed to produce a breakthrough

Tata Technologies Q2 results: PAT up 5% aided by non-auto business growth

(Reuters) -Indian engineering firm Tata Technologies reported a 5% rise in second-quarter profit on Friday, as growth in its non-automotive business cushioned weakness in its key auto-focused segment.

Shoppers Stop Q2 loss narrows to ₹20 crore, eyes festive demand boost

Shoppers Stop's consolidated net loss stood at ₹201.1 million ($2.29 million) for the quarter against a loss of ₹205.9 million a year earlier

HSBC forecasts gold to reach $5,000/oz in 2026 amid global uncertainty

"Gold rally likely sustained through 1H'26 by geopolitical risks, economic policy uncertainty and rising public debt," the bank said in a note

CEAT Q2 results: Net profit jumps 52.6% to ₹186 crore on strong tyre demand

Revenue from operations increased 14.2 per cent. Total expenses rose 12.2 per cent, with the cost of materials consumed climbing 9.6 per cent

Gold tops $4,300 amid rate cut bets, eyes biggest weekly gain since 2008

Spot gold rose 0.2% to $4,335.87 per ounce, as of 0929 GMT, after scaling another record high of $4,378.69 earlier. U.S. gold futures for December delivery jumped 1% to $4,348.90

SMBC rules out plans to raise stake in Yes Bank beyond current level

In August, SMBC received Reserve Bank of India's approval to buy up to 24.99 per cent stake in Yes bank from State bank of India and seven other shareholders after having inked a deal in May

Top Indian solar products maker Waaree to expand in US despite trade probe

Waaree, which has 16.1 GW of module making capacity in India and 2.6 GW in the US, is seeing strong US demand due to demand from data centres, manufacturing and transportation

Trump, Putin to hold another meeting after progress in Ukraine talks

Trump said he and Putin would soon meet in Budapest after a more than two-hour-long phone call he described as productive

Putin speaks on oil, gas, coal and nuclear at Russian Energy Week

Russia maintains its position as a leading oil producer, despite unfair competition being used against us, Putin said

IMF upgrades Asia's growth forecast, warns of risks from US-China tension

Trade tensions between US and China have intensified after Beijing expanded its rare earth export controls

Safe-haven surge, Fed rate-cut bets drive gold to new record highs

Spot gold was up 1.4% at $4,264.63 per ounce as of 11:06 a.m. ET (1506 GMT) after bullion touched a record high of $4,270.59 earlier

IT sector shows signs of recovery as clients warm up to AI-led projects

Infosys, which topped analyst estimates for profit and revenue in the second quarter, sees full-year revenue growth of 2-3%, compared with its prior view of 1-3%