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Rating upgrade by S&P bodes well for capital inflows and sovereign yields: RBI Bulletin

Mumbai, Aug. 29 -- In the August bulletin, the Reserve Bank of India (RBI) said that continuing uncertainty on US trade policies shaped the global macroeconomic environment during July and August. Dom... Read More


Wall Street Rises on Nvidia Results, Strong GDP Data, and Rate Cut Hopes

Mumbai, Aug. 29 -- The Nasdaq climbed 115.02 points (0.5%) to 21,705.16, the S&P 500 rose 20.46 points (0.3%) to 6,501.86 and the Dow edged up 71.67 points (0.2%) to 45,636.90. Wall Street gained mom... Read More


Infosys joins hands with Mastercard to scale cross-border payments

Mumbai, Aug. 29 -- The solution's seamless integration with Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys, will play a key role in creating an efficient pathway for ... Read More


Sammaan Capital rises on $300 million bond issuance

Mumbai, Aug. 29 -- The bonds were issued in compliance with Regulation S and Rule 144A of the U.S. Securities Act, 1933 along with applicable Indian laws. Of the total issue, $16.7 million was raised ... Read More


Indus Towers appoints Vineet Jain as chief supply chain management officer

Mumbai, Aug. 29 -- The decision was approved by the company's board of directors based on the recommendation of the HR, nomination and remuneration committee. In his new role, Jain will be responsibl... Read More


Yen steady at 147; poised to end up 3% in August

Mumbai, Aug. 29 -- The Japanese yen held near 147 per dollar on Friday and is set to end August with a 3% monthly gain, even as it moved sideways for much of the month. Investors digested mixed data, ... Read More


FMCG stocks play safe haven role as market ship rocks in rough seas

Mumbai, Aug. 29 -- The Nifty FMCG index rose 1.10% to 56,224.69, outpacing the broader benchmarks. The Nifty 50 index was up 0.04% at 24,510.25. Colgate Palmolive India led the pack with a 2.56% jump... Read More


CG Power gains after arm establishes OSAT facility in Gujarat

Mumbai, Aug. 29 -- Backed by central and state government support, and in collaboration with Renesas and Stars Microelectronics, CG Semi is investing over Rs 7,600 crore ($870 million) over five years... Read More


Economic Buzz: Japan retail sales growth slows to 0.3%

Mumbai, Aug. 29 -- Japan's retail sales rose just 0.3% year-on-year in July 2025, the weakest pace since February 2022. Despite marking the 41st straight annual rise, growth slowed sharply from June's... Read More


Mahindra Lifespace Developers appoints Parijat Dey as CTO

Mumbai, Aug. 29 -- Parijat Dey, categorized as Senior Management Personnel, brings over 18 years of experience in digital transformation, enterprise technology, and innovation across global organizati... Read More