Swedish firm Klarna targets $1.27 bn in New York listing; eyes $14 bn valuation, big investors line up to exit
Klarna, the Swedish “buy now, pay later” giant, is aiming to raise $1.27 billion through an IPO in New York, pricing shares between $35 and ...
Russia-China ties: Putin, Xi push ahead to build new gas pipeline; to boost ‘clean energy’ supply
Powering Up: Russia and China’s Ambitious Gas Pipeline Project The world is watching as Russia and China forge ahead with plans for a new gas ...
Sugar stock rally on ethanol push: Rajshree tops chart at 20%; industry cheers govt move
Sugar stocks surged as the government permitted unrestricted ethanol production from the 2025-26 marketing year. This policy change, allowing ethanol production from various sugarcane sources, ...
Yes Bank stake sale: CCI clears SMBC plan for up to 24.99% holding, Japanese lender set to become top shareholder
The Competition Commission of India (CCI) has approved Sumitomo Mitsui Banking Corporation’s (SMBC) proposal to acquire up to a 24.99% stake in Yes Bank. This ...
US market today: Wall Street slides as AI stocks drag; bond yields climb, gold hits record-high
Wall Street experienced a sharp decline as rising Treasury yields and political uncertainty weighed on US stocks. The S&P 500, Dow, and Nasdaq all fell, ...
GST revamp: Council meet to weigh big rate rejig; 5% EV tax as opposition states push hard on revenue loss
The Centre is advocating for a 5% GST on electric vehicles as part of a broader tax overhaul, aiming to simplify the GST structure to ...
Budget exercise: Finance ministry to begin FY27 preparations on October 9; GDP growth, demand and jobs in focus
India’s finance ministry will begin the Budget-making exercise for 2026-27 on October 9, amidst global economic uncertainties and new US tariffs. The upcoming budget aims ...
Eurozone inflation: Prices edge up to 2.1% in August, ECB likely to hold rates
Eurozone inflation edged up to 2.1% in August, according to Eurostat data, primarily due to a smaller decrease in energy prices. This slight increase, exceeding ...
GST 2.0: States projected to gain Rs 14.1 lakh crore from revenues; SBI Research backs rationalisation
SBI Research projects states will be net gainers under the GST rate overhaul, with collections exceeding Rs 14.10 lakh crore this fiscal. While past rate ...
Made in India chip: What is Vikram 32-bit processor? All you want to know
Union IT minister Ashwini Vaishnaw presented the first ‘Made in India’ chip, the Vikram 32-bit processor, to Prime Minister Modi at Semicon India 2025. Vaishnaw ...
