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Bank of America bullish on rupee despite election led market volatility

The rupee inched up 0.1 per cent to 83.22 per dollar on Wednesday, the highest since April 10

Iran's centre of power moves from clerical slippers to combat boots

With Raisi gone, the Islamic Revolutionary Guard Corps, the most powerful arm of Iran's military is now well placed to become more powerful

Apple taps Bank of America veteran Cynthia Bowman as new diversity chief

Bowman left Bank of America Corp. earlier this year after a 17-year career there

Indian bonds underpricing global index move, says ICICI Prudential AMC

India will be included in JPMorgan Chase & Co.'s key emerging market bond index as of next month

China may raise temporary tariffs on some US, EU cars, warns lobby group

Chinese EVs are under the spotlight in the EU and US, as China controls a majority of the battery supply chain and produces more EVs than anywhere else in the world

Tensions between states may be more dangerous than India's religious divide

India's southern states are also wary of an overbearing north. Regional parties lead opposition to the BJP in the south, as in eastern states such as West Bengal

Govt eyes Rs 1 trillion in dividend from RBI to meet budget deficit target

A big surplus transfer will help the government in meeting any shortfall in disinvestment receipts and create room for funding welfare programmes after the elections

Byju's Director Riju Raveendran 'not truthful' on missing $533 mn: US judge

The decision was a symbolic victory for lenders, represented by their agent, Glas Trust, and likely puts only limited pressure on Ravindran to cooperate in order to avoid financial penalties

Govt asks state-run oil refiners, RIL to jointly negotiate Russia oil deal

Reliance is unlikely to share sensitive information with the state oil refiners given they're competitors in the domestic fuel market

Khamenei's confidant Mokhber takes key role in Iran as succession looms

What happens next is unclear. The election that will have to take place by July may well include Mokhber on the ballot sheet to replace Raisi on a permanent basis

Apple fights 1.8 billion euro EU antitrust fine for restrictions on Spotify

The EU's crackdown on Apple also included an order to stop preventing music-streaming apps from informing users of cheaper deals away from its App Store

Govt likely to cut bond sales aided by higher cash balance: Officials

The yield on benchmark 10-year bond was little changed at 7.09 per cent on Tuesday

US presidential polls: Trump overtakes Biden in fundraising for first time

Trump's fundraising boost comes on the heels of attending several high-dollar fundraisers, including a Palm Beach event hosted by billionaire John Paulson

Big IPOs seen making a comeback in India after boom in smaller offerings

A flurry of small deals has made India one of Asia's busiest IPO markets this year. Bigger share sales brighten the nation's chances of attracting global funds as investors rotate money

Every new hire will get training for AI, says JPMorgan amid technology boom

JPMorgan sees the emerging technology as worth between $1 billion and $1.5 billion, President Daniel Pinto said at the event

Succession plans at JPMorgan Chase well on the way: CEO Jamie Dimon

Earlier this year - about halfway through Dimon's five-year retention package - the 68-year-old CEO moved some of his top lieutenants into new senior roles

Partnership with Dell key in company's push to expand AI: Nvidia CEO Huang

Nvidia's expansion plan hinges on getting agencies and businesses to develop their own AI capabilities, spurring demand for its products

Tesla's shareholder group slams CEO Elon Musk's $56 billion pay package

Musk's decision to buy Twitter, now called X, has also played a material role in Tesla's underperformance. Additionally, the group raised concerns in Monday's letter about Tesla's lagging sales

Microsoft's new AI computers will revive PC-Mac rivalry: CEO Nadella

Microsoft is leveraging its relationship with leading AI startup OpenAI to forge an early lead in the burgeoning field of generative AI services. But the partnership has come under regulatory scrutiny

GSK faces lawsuit from lab that found probable carcinogen in Zantac

Big drugmakers already face some 80,000 state suits from users of the drug who say their cancers were caused by Zantac contaminated with NDMA, the dangerous chemical Valisure discovered