Page 29 - Reuters/workspace/business Standard Web/undefined

PayPay buys 40% stake in Binance Japan to deepen its digital payments push

PayPay has played a role in encouraging Japanese consumers to move away from a long-standing preference for cash by offering rebates on payments through its mobile app

Gold stays above $4,000 as silver tops $50 for first time amid rally

Silver, spurred by momentum in the gold market, strong investment demand and an ongoing supply deficit, breached the psychological barrier of $50 per ounce for the first time

Trump wants Israel hostages freed by Mon-Tues, will attend signing ceremony

Trump opened a White House Cabinet meeting by discussing a deal reached on Wednesday under which the hostages held by Hamas militants are to be released in the first phase of a broader Gaza plan

Norwegian state fund invests $20 million in India's IPO-bound SAEL

The company aims to grow its revenue from these businesses to 30.94 billion rupees by fiscal year 2027

ONGC likey to provide first guarantee in 15 years for unit's bond sale

ONGC Petro Additions Ltd (OPAL), in which ONGC owns more than 95% stake, is looking to raise 50 billion rupees ($563.22 million) through a multiple-tranche bond sale, they said

UK signs $468 million deal to supply India with lightweight missiles

Britain also said on Thursday it reached a new milestone with India on a tie-up for electric-powered engines for naval ships as both countries signed the next phase of a deal

NBFC MUDRA aims to diversify funding base with first-ever bond sale

The company, a wholly owned subsidiary of Small Industries Development Bank of India (SIDBI), is expected to issue its first tranche of 20 billion rupees before the end of the current quarter

Banks may post subdued quarterly results amid rate cuts, weak loan demand

Analysts forecast private banks to post a year-on-year decline in profit in the September quarter, while net interest income (NII) may see only a marginal uptick

Madison Communications asks court to quash antitrust probe into ad agency

Madison was among numerous ad agencies and a group of broadcasters raided by CCI on suspicion of collusion over advertising rates and discounts, in strictest regulatory action on the sector to date

Harvard medical school licenses health content to Microsoft for Copilot AI

Dominic King of Microsoft AI said Copilot aims to give answers that closely match what users would get from a medical practitioner, improving on current capabilities

Asian stocks rise on AI optimism, oil slips after Gaza ceasefire deal

Stocks in Taiwan climbed 1.2 per cent to a fresh record, while MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.3 per cent

WHO flags gap in India's cough syrup testing following children's death

The children died over the past month after consuming cough medicine containing toxic diethylene glycol in quantities nearly 500 times the permissible limit

Silver climbs to record high on gold rally, strong investor demand

Spot silver hit an all-time high at $49.57 per ounce. Both a precious and industrial metal, silver has gained 70 per cent so far this year, heading for its biggest annual growth since 2010

Govt urges Tatas to resolve boardroom dispute to maintain group stability

Tata Trusts dispute focuses on trustee seats on Tata Sons board, group's business direction, and handling minority shareholder Shapoorji Pallonji's planned exit

EU rolls out $1.1 bn plan to boost AI in industries amid sovereignty drive

The move also underscores Europe's goal of achieving strategic autonomy in key sectors amid trade tensions with the United States and China and the dominance of US Big Tech

Cautious optimism at Gaza talks as Hamas hands over names for swap deal

Indirect negotiations are focused on the mechanisms to halt the conflict, the withdrawal of Israeli forces from Gaza and the swap deal, Hamas said

Trump calls for jailing Chicago mayor, Illinois Guv before troop deployment

Trump has frequently called for jailing his opponents since he first entered politics in 2015, but Comey is the first to face prosecution

Gold tops $4,000, silver hits record high as investors seek safe havens

Silver climbed to a record high on Wednesday, latching on to gold's record streak as investors flocked to the metal

Equity benchmarks inch lower on profit booking; IT jumps ahead of earnings

The Nifty 50 edged down 0.25% to 25,046.15, while the BSE Sensex shed 0.19% to 81,773.66. The two indexes rose about 2% each in the last four sessions

Momentum for Ukraine peace after Putin-Trump summit faded, says Russia

Trump and Putin met at a Cold War-era air force base in Anchorage, Alaska, on August 15 in an attempt to end the deadliest land war in Europe since World War Two