Finance
IMF Raises 2026 Global Growth Forecast to 3.1% as AI Investment Supports Economy
The International Monetary Fund has raised its global economic growth forecast for 2026 to 3.1%, from 3.0% in July, as…
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Finance
Oil Tops $106 as Wall Street Stocks Diverge Ahead of CPI
US stocks delivered a mixed performance on October 12 as Brent crude rose above $106 a barrel amid renewed concerns…
Finance
IMF–World Bank Meetings Open in Bangkok Amid Debt and Inflation Risks
The IMF–World Bank Annual Meetings opened in Bangkok on October 12 as policymakers confronted mounting public debt, energy-driven inflation risks…
Finance
Brazil Rally Lifts Latin American Stocks as Election Bets Shift
Brazil’s stock-market rally helped put Latin American equities on course for their strongest weekly performance in nearly six years, as…
Finance
Sensex Drops 550 Points as Nifty Slips Below 22,400
Indian benchmark equities ended lower on Monday, October 12, as concerns over elevated crude oil prices, inflation and a weaker…
Finance
European Stocks Rise as Banks Rally and Oil Prices Ease
European shares moved higher on Monday, October 12, as banking stocks strengthened and easing oil prices supported investor sentiment. The…
Finance
Sahajanand Medical Technologies IPO Opens October 15, 2026, Ahead of Stock Market Listing
Sahajanand Medical Technologies opens a 2.76 crore-share offer for sale on October 15, with no fresh issue. The price band…
Finance
African Startup Funding Hits $583 Million in Q3 2026, Up 70% Year on Year
The central figure is confirmed by Disrupt Africa’s published funding tracker: 58 African technology startups raised a combined $582.8 million…
Finance
Nigerian Fintech OPay Reports $467.1 Million in First-Half Revenue Ahead of Proposed US IPO
Nigerian fintech company OPay reported $467.1 million in revenue for the first half of 2026, more than doubling its year-earlier…
Finance
The Rise of Digital Banks: How Fintech Companies Are Challenging Traditional Banking
Nubank, Revolut, Monzo and Chime are now profitable and seeking bank licences. See how digital banks are growing, and where…
Finance
The Debt Dilemma: How Government Borrowing Can Reshape Global Financial Markets
Government debt is pushing bond yields to 24-year highs. See how heavy borrowing affects deals, IPOs, stocks and borrowing costs…
Finance
Nvidia-Backed Firmus Pulls $5 Billion IPO as Investors Question AI Data Centre Valuations
Australia's Firmus has abandoned a planned blockbuster stock-market listing after struggling to secure sufficient investor support, highlighting the growing scrutiny…
Finance
Wall Street Rebounds as AI Stocks Recover After OpenAI Revenue Concerns
U.S. stocks opened higher on Friday as technology shares recovered from a sell-off triggered by questions about OpenAI's revenue outlook,…
Finance
Nvidia-Backed Firmus Scraps $5 Billion IPO as AI Valuations Face a Reality Check
Nvidia-backed Firmus has withdrawn its planned $5 billion IPO amid weak investor demand, valuation concerns and questions over AI infrastructure…
Finance
SoftBank Seeks Up to $100 Billion From Gulf Investors to Expand AI Investments
SoftBank's Masayoshi Son is reportedly seeking up to $100 billion from Gulf investors to fund a new AI-focused investment initiative.
Finance
Sustainable Bond Issuance Crosses $1 Trillion a Year as Green Finance Enters a New Phase
Global sustainable bond issuance has exceeded $1 trillion annually for three straight years as green finance moves deeper into mainstream…
Finance
African Union Launches Africa Credit Rating Agency in Mauritius
The African Union has launched the Africa Credit Rating Agency in Mauritius, creating a new independent ratings institution focused on…
Finance
BOJ Warns AI Investment Boom Could Lift Growth While Raising Market Correction Risks
BOJ Deputy Governor Shinichi Uchida says AI investment could support productivity and capital formation, but warns disappointing returns could trigger…
Finance
Axis Direct Names 5 Small-Cap Stocks With Up to 40% Upside
Axis Direct has highlighted five small-cap stocks for October 2026, with target prices implying potential upside of up to 40%…
Finance
UPI Transactions Could Decline After October 15 MDR Rollout, Survey Says
A LocalCircles survey estimates UPI transaction value could fall 10% and volume 4% if merchants pass new MDR costs to…
Finance
Bangladesh Remittances Hit 11-Month Low in September Despite 3% Yearly Rise
Bangladesh received about $2.76 billion in remittances in September 2026, an 11-month low, while July-September inflows rose 13.3% year on…
Finance
From IIT Engineer to Kotak Mahindra Bank CEO: Who Is Anup Kumar Saha?
Anup Kumar Saha, an IIT Kharagpur engineer turned banker, will become Kotak Mahindra Bank's CEO in January 2027. Here's his…
Finance
HDFC Bank's Leadership Shift: What Anup Bagchi's Appointment Means for Its Next Growth Phase
Anup Bagchi will succeed Sashidhar Jagdishan as HDFC Bank's MD & CEO from October 27, 2026, after RBI approval, for…
Finance
Global Investors Reassess Markets as Oil Prices and Bond Yields Rise
Oil above $100 a barrel and government bond yields near multi-decade highs are forcing investors to reassess equity valuations, interest-rate…