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Nvidia CEO Huang calls Chinese AI models 'world class', lauds innovation

Huang spoke briefly at the opening ceremony of a supply chain expo, one day after the AI giant said it would once again be able to sell its highly popular H20 chips in China

Embassy Reit plans to tap debt market with ₹2,000 crore bond sale

The real estate investment trust will look to close the funding round before the end of this month

Ind, US inflation data hint downward bias on dollar-rupee forward premiums

India's retail inflation hit a six-year low in June, while US consumer prices rose at their fastest pace since February, with higher goods costs hinting at tariff effects

Oil prices gain on summer demand expectations despite wider economy woes

Major oil producers are pointing to signs of better economic growth in the second half of the year while data from China showed consistent growth

Cinepolis bets on blockbusters to drive double-digit India revenue growth

Western studios are counting on this summer to reverse a downtrend worsened by the 2023 Hollywood writers' strike

Air India crash rekindles decades-old debate over cockpit video recorders

Advocates for cockpit video cameras say the footage could fill in gaps left by the audio and data recorders, while opponents say concerns about privacy

Asia shares struggle, dollar soars on lowered Fed rate cut bets

Data on Tuesday showed US consumer prices rose 0.3 per cent in June, in line with forecasts, but the largest gain since January

GAIL eyes long-term LNG deal from 2027 linked to Brent crude prices

The Indian company is looking to buy six cargoes of the super chilled gas in 2027, and eight cargoes in the second year of the deal

JPMorgan profit beats analysts expectation; raises interest income forecast

The bank now expects about $95.5 billion of NII, or the difference between what it earns on loans and pays out on deposits, compared with an earlier estimate of nearly $94.5 billion

CoreWeave commits $6 bn to Pennsylvania data centre amid Trump AI push

The announcement will be made during a CEO roundtable with Trump at Senator Dave McCormick's inaugural Pennsylvania Energy and Innovation Summit, the company said in a statement

Opec sees stronger global economy in H2 2025 as oil demand stays firm

OPEC's demand forecasts are at the higher end of the industry range, as the agency expects a slower energy transition than some other forecasters

Trump asks Zelenskyy if Ukraine can strike Moscow with US weapons

The conversation took place a day after Trump said he was "very disappointed" by a phone call with Putin, in which the Russian leader insisted he wouldn't back down on his war aims

US inflation picks up in June as early tariff effects start to show

Trump last week announced higher duties would come into effect on August 1 for imports from a range of countries, including Mexico, Japan, Canada and Brazil, and the European Union

Citigroup profit beats analyst estimates, shares rise on buyback plans

Shares jumped 3.3 per cent after the bank announced it would buy back at least $4 billion in stock in the third quarter

Standard Chartered launches Bitcoin, Ether spot trading for institutions

Standard Chartered already offers crypto products, including trading, via two independent subsidiary companies: Zodia Markets and Zodia Custody

iPhone maker Apple invests $500 mn in rare earth producer MP Materials

The investment is part of a broader push to bring the production of its coveted iPhones to the United States and boost U.S. manufacturing

Central bank expects FY26 inflation to be below 3.7%: Guv Malhotra

Annual retail inflation in India slowed to a more than six-year low of 2.10% in June, on the back of easing food prices, data showed on Monday

Citibank India expects a strong year for ECM business as IPOs pick up

Citibank has expanded its investment banking team in India from 28 to 38 over the past year and plans to continue adding bankers to meet the growing opportunity, country head said

Asian shares rise, dollar firms ahead of US earnings; JGB yields surge

The benchmark 10-year JGB yield jumped to 1.595 per cent, highest since October 2008, while the 30-year yield hit an all-time high of 3.195 per cent

G20 watchdog outlines climate risk plan but halts further policy work

The US has withdrawn from multiple groups dedicated to exploring how flooding and wildfires and big climate-related policy shifts could impact financial stability