The Reserve Bank of India has granted “in-principle” approval to Emirates NBD Bank PJSC, based in the UAE, to establish a wholly-owned subsidiary in India. This will be achieved through the conversion of its existing branches in Chennai, Gurugram, and Mumbai. The RBI will consider granting a banking business commencement license after the bank fulfills the stipulated conditions.
Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloff
Intel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. The warning triggered
October 30, 2026