Business
20493 articles
Iran War News LIVE Updates: Qatar PM to visit Tehran to ‘revive mediation’; Trump ‘not in hurry’ over talks
US-Iran war news: Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani will visit Tehran on Thursday to revive diplomatic efforts between Iran and the US, as the two sides remain at odds over control of the Strait of Hormuz, Reuters reported.
Retail investors turn selective as IPO appetite loses steam in 2026
Retail bidders had fully subscribed to their allotted quota in all 50 IPOs of 2024 - and in 44 out of 49 issues (90%) last year. Even the median of retail bids on IPOs until mid-August has fallen to just 2.32 times the quota in the 42 cases, compared with an astonishing 17.59 times in the 45 IPOs of 2024 and 8.35 times in the 45 issues last year. "The selective approach of retail investors is a sign of a maturing market," said Arka Mookerji, co-head of the equity capital markets, JSA Advocates & Solicitors.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an advanced deadline on August 31 that altered original plans tied to deposit-linked fundraising. With the Reserve Bank of India (RBI) moving the timeline forward, many lenders have revised their bond issuance approaches.
Shapiro Clashes With RFK Jr. After Pennsylvania Measles Deaths
Pennsylvania Governor Josh Shapiro blamed US Health Secretary Robert F. Kennedy Jr. for sowing distrust in vaccines as the state confronts a widening measles outbreak that has killed two people and infected hundreds of others.
World News Today Live Updates on August 27, 2026 : Netanyahu rules out diplomacy with Iran's ‘savages’, backs Trump’s economic pressure campaign
World News Today Live Updates on August 27, 2026: Stay informed on global events with our in-depth world news coverage, bringing you the latest developments across politics, economy, and culture. Discover insights into international affairs, breaking news, and the trends shaping our interconnected world, all in one place.
Salesforce raises annual revenue forecasts on AI product momentum
Salesforce raised its fiscal 2027 revenue and adjusted earnings forecasts, signaling stronger demand for its AI-powered autonomous agents. The company expects revenue of $46.1 billion to $46.4 billion, while annual adjusted EPS guidance also increased. Salesforce shares jumped 7% in extended trading as investors welcomed accelerating AI adoption and growth prospects.
Nvidia earnings: Chipmaker forecasts quarterly revenue at $108 billion, well above analysts' estimates
Nvidia earnings: Nvidia anticipates strong revenue, exceeding analyst expectations for the upcoming quarter. Nvidia faces growing competition in the inference chip market from rivals. The company's AI chip market opportunity is projected to exceed one trillion dollars.
HP forecasts strong fourth-quarter profit on price hikes, US tariff refunds
HP forecast fourth-quarter profit above Wall Street estimates, helped by expected tariff refunds and higher prices for premium and AI-powered PCs. The company also raised its full-year adjusted earnings forecast. Strong demand for AI PCs lifted third-quarter revenue, while rising memory chip costs remained a key challenge for the laptop maker.
US stocks today: US stocks end near flat as hot inflation data clouds Fed rate outlook
Wall Street ended nearly flat as hotter-than-expected US inflation complicated the Federal Reserve’s interest-rate outlook. Investors turned cautious ahead of Nvidia’s earnings, while resilient economic growth offered some support. Markets are also watching Fed Chair Kevin Warsh’s Jackson Hole speech for clues on September’s interest-rate decision and policy direction.
Trump says Iran’s Supreme Leader Mojtaba Khamenei is alive but ‘very seriously wounded’
Mojtaba Khamenei was appointed Iran’s supreme leader after his father, Ayatollah Ali Khamenei, was killed during US-Israeli strikes on Iran on February 28. The younger Khamenei was reportedly wounded in the same attacks and has not appeared publicly since becoming supreme leader.
GAIL opposes IGX platform for LNG terminal capacity booking
India's top gas marketer GAIL opposes a new platform for booking LNG terminal capacity. GAIL states this platform will add costs for consumers without significant value. The company believes existing frameworks do not require a separate booking platform. High global LNG prices already pressure downstream natural gas consumers. Much of India's LNG regasification capacity remains underutilised currently.
Shifting Gears: PSBs borrow more to cater to credit demand as deposits lag
Public sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private banks show stronger deposit growth and are gaining market share. This trend raises concerns about funding sustainability for state-owned lenders. Abundant system liquidity currently cushions the impact of these shifts.
US corporate profit margins widen to highest on record
US corporate profit margins reached a record 19.4% in the second quarter, up from 18.2%, as profits jumped nearly 10%. Strong consumer spending and companies passing higher prices on to customers supported earnings. Business investment also remained robust, with nonresidential fixed investment rising at an annualized 8.5% pace.
Swine flu in Delhi: H1N1 cases climb past 2,400; Health min holds review meeting with govt hospitals: Top 10 updates
Delhi reported 138 new H1N1 cases, totaling 2,446 this year. Health Minister Pankaj Singh emphasised that patients generally show mild symptoms and there’s ‘no need for panic’, ensuring readiness for increased cases.
Quote of the day by William Faulkner: 'The past is never dead. It's not even….'
William Faulkner's quote emphasises that the past remains influential in shaping the present. Memories and experiences linger, affecting individuals and societies, highlighting the importance of acknowledging history to understand current challenges and avoid repeating mistakes.
Hyderabad Airport to Charge UDF on Arriving Passengers From September 1
Hyderabad airport will introduce UDF for arriving passengers from September 1, 2026. Domestic arrivals will be charged ₹220, while international arrivals will pay ₹440. At the same time, UDF for departing passengers will be reduced to ₹515 for domestic travel and ₹1,030 for international travel.
Tata Steel Gets Interim Relief Over ₹1,755 Crore Jharkhand Demand
Tata Steel has secured interim relief in a dispute involving a ₹1,755 crore demand notice issued by the Jharkhand government. The court has provided temporary protection against further action based on the notice while the legal challenge is considered. The dispute involves questions over the basis and calculation of the amount demanded by the state.
Was Kid Rock helicopter probe behind US Army chief Randy George’s ouster? What report says
Hegseth removed George as Army chief of staff without publicly providing a reason. George had been expected to remain in the position until fall 2027, completing what would normally have been a four-year term.
One dependent visa, 12 restaurants: The Indian entrepreneur who built a new life in US
The woman who shifted from India to the US opened up about her journey of 25 years and how she found her purpose in life after some ‘soul searching.’ Her story has received a warm response from the internet.
