Market News
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US stock market holiday: Here's why Wall Street is closed on July 3
The Dow Jones gained 594.83 points to close at 52,900.07, marking its fourth week of gains. The S&P 500 was unchanged, while the Nasdaq fell 207.36 points. Financial markets will be closed on July 3 for Independence Day, resuming trading on July 6.
Paytm Europe secures payment institution licence from Luxembourg regulator
Paytm said its wholly owned step-down subsidiary, Paytm Europe Payments SA, has been granted a Payment Institution licence by Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier (CSSF).
Trump's huge financial windfall has few precedents among world leaders
President Trump's earnings in office are at a level once unimaginable for any leader of a liberal democracy, particularly a sitting American president
Jio Financial Services Share Price Live Updates: Strong performance from Jio Financial Services
Tricked Into Buying Insurance Or Mutual Funds? RBI's New Rules Could Help You Get A Full Refund
Banks must obtain clear and informed consent before selling any financial product or service.
Bajaj Finance, PNB, Union Bank among financial stocks to watch after Q1 updates
Several financial companies, including Punjab National Bank (PNB), Bajaj Finance, Union Bank of India, among others, will be in focus today, after they released their provisional business updates for the quarter ended June 30, 2026.
Ferrari's former design house is hanging by a thread—extended by Tech Mahindra
Pininfarina was meant to diversify Tech Mahindra into high-end engineering and design, but a decade after the acquisition, it has become a financial burden.
HDFC Bank develops own AI platform, fraud monitoring system
HDFC Bank is transforming into a tech powerhouse, developing its own AI platform, Neev, and a real-time fraud detection system. These in-house solutions, built by a dedicated engineering team, aim to combat rising banking frauds and enhance customer security. By investing in proprietary technology and engineering talent, the bank is positioning itself for future competition in the evolving financial landscape.
HDFC Bank develops own AI platform, fraud monitoring system
HDFC Bank is transforming into a tech powerhouse, developing its own AI platform, Neev, and a real-time fraud detection system. These in-house solutions, built by a dedicated engineering team, aim to combat rising banking frauds and enhance customer security. By investing in proprietary technology and engineering talent, the bank is positioning itself for future competition in the evolving financial landscape.
M&M Financial Services estimates Q1 disbursements up 21% at ₹15,560 crore; business assets seen rising 12%
Mahindra & Mahindra Financial Services estimates Q1 disbursements up 21% to ₹15,560 crore. Business assets hit ₹1.37 lakh crore. Collection efficiency stable at 95%.
Jaguar Land Rover sales fall 15% amid supply crunch, Middle East unrest
Jaguar Land Rover's first-quarter sales dipped 15.3% due to supply issues and weaker demand. A supplier fire and disruptions from the Middle East conflict impacted volumes. The company is shifting focus to the US market, aiming to offset challenges in China's competitive landscape. JLR plans significant cost reductions to bolster its financial recovery.
Bank of Baroda settles NMC Health dispute for $600 million; Q1 credit grows 17%
Bank of Baroda has settled a significant legal dispute with NMC Health entities for USD 600 million, resolving claims under UAE and UK regulations. The bank's Abu Dhabi branch facilitated the payment, concluding proceedings without admitting liability. In other news, BoB reported robust financial performance, with credit growth reaching 17% and total deposits rising 14% in the first quarter of FY27.