Jane Street, TSMC-linked AI startup Etched raises $800 million
AI chip challenger Etched has secured a massive $800 million in funding, with backing from industry heavyweights like Jane Street and a firm linked to TSMC. The startup, aiming to rival Nvidia, is set to begin shipping its AI chips this summer. Etched has already inked $1 billion in sales contracts and boasts an impressive […]
Positive Breakout: These 11 stocks cross above their 200 DMAs
In the Nifty500 pack, 11 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on June 30, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator to determine the overall trend in a particular stock. As long as the stock is […]
Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?
Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or 0.91%, to $70.13 a barrel.
Yen sinks to four-decade low as dollar gets yields boost
The dollar surged to a 40-year high against the yen, fueled by rising U.S. Treasury yields and anticipation of a Federal Reserve rate hike. Traders are closely watching upcoming U.S. jobs data, with expectations of further Fed tightening increasing significantly. Japanese authorities are considering intervention to support the yen, especially with a U.S. holiday approaching, […]
Oil ticks higher as Iran’s refusal to meet US envoys dims ceasefire hopes
Oil prices saw an uptick as Iran’s refusal to meet U.S. envoys heightened tensions, impacting the fragile ceasefire. Despite recent declines following conflict de-escalation, analysts are revising forecasts. Meanwhile, U.S. crude and gasoline inventories dropped last week, with markets awaiting official government data. Tanker traffic through the Strait of Hormuz is reportedly recovering, easing supply […]
JSW taps KKR to drive in MG Motors JV with $400 mn investment
A combination of primary infusion and secondary share sale is planned as valuation doubles to $3 billion in 3 years. Sajjan Jindal led group is set to emerge as the single largest shareholder in the country’s 3rd largest EV passenger car maker.
Extended Nifty consolidation may be setting up the next bull run: Edelweiss MF study
Indian stock markets have seen a flat performance recently, but historical data suggests this could be a precursor to stronger gains. A study indicates that after similar periods of stagnation, the Nifty has historically delivered robust returns over one and three-year horizons. Fund managers believe large-cap stocks, now trading at attractive valuations, offer a favorable […]
Sebi moves to standardise consent rules for AIFs
Securities and Exchange Board of India (Sebi) is proposing significant governance changes for alternative investment funds. The regulator aims to standardize investor consent, enhance oversight of conflict-of-interest deals, and introduce a uniform 75% approval threshold for key decisions. This move seeks to address inconsistencies in current rules and ensure greater transparency and fairness for investors […]
Solvency buffers at insurers thinning; general insurance sector more of a concern
The Reserve Bank of India’s latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain compliant, their buffers are shrinking. The general insurance segment faces a more serious challenge, with three public sector firms persistently falling below the minimum solvency requirement for over a year, posing a direct financial stability […]
Household sector debt climbs to 45.5% of GDP in Sep 2025: RBI report
Household debt has climbed to 45.5% of India’s GDP, driven by a surge in non-housing retail loans, now making up over half of total borrowings. Despite this rise, borrower quality is improving, with more prime borrowers taking out loans. While consumption loans dominate, experts express concern over debt servicing for depreciating assets. India ranks fourth […]