Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Who Will Succeed Jamie Dimon? Race Narrows As JPMorgan Taps Petno, Rohrbaugh As Co-Presidents
The leadership overhaul provides the clearest indication yet of how the largest US bank is preparing for the eventual transition from Dimon, who has led JPMorgan since 2006.
Who could be JPMorgan's next CEO? Two executives emerge as frontrunners to succeed Jamie Dimon
For now, Dimon remains firmly in charge. But with Lake exiting and two executives elevated to co-president status, the race to eventually lead the world's most valuable bank has entered a new phase.
Demagnetized giants: Why India’s corporate titans are resisting the pull of a ₹7,280-crore magnet race
India sits on massive rare-earth deposits, yet remains 90% dependent on China for the vital magnets powering EVs and defence systems. As a PLI deadline looms, why are India’s corporate giants demagnetized?
India may not be winning the AI race, but its economy is still growing fast: S&P
While economies linked to semiconductor manufacturing are benefiting the most from the AI investment boom, India’s growth remains supported by strong domestic demand, according to S&P Global Ratings. The agency expects the economy to grow around 6.6% despite global trade uncertainties.
Oil, AI and chips: The new resource race redrawing markets and nations
The leap to a $5 trillion valuation for Nvidia underscores a dramatic paradigm shift: semiconductors have become the driving force of global economic prowess, akin to oil in previous centuries. With nations such as Taiwan and South Korea emerging through powerhouses like TSMC and Samsung, the future prosperity relies heavily on mastering the semiconductor supply chain as AI technology evolves, reshaping national strength and financial stability.
Meta’s $4.5-billion sandbox: what's at stake for Kunal Shah, WhatsApp and Cred
Meta’s landmark $900 million investment in Cred gives it a vital foothold in India’s UPI race and turns the premium fintech platform into a global commercial test bed for WhatsApp’s monetization push.
JSW to flex its own tech for e-buses in fierce race for govt orders
JSW Group is developing its own electric bus platform, vehicle control unit and battery packs to gain a cost and technology edge in India's competitive e-bus market. The move supports aggressive government tender bids and marks a more self-reliant strategy than its passenger vehicle business.
Iran war triggers global race to build oil reserves
Vulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push for reserves could add half a billion barrels of demand. Countries like India and Pakistan are prioritizing stockpiles, learning from China's successful strategy of reducing imports during supply disruptions. This move aims to prevent severe economic distress and insulate economies from volatile energy markets.
The conviction in India continues to be very high: Citi's Achintya Mangla
India is a significant market for Citi, with growth expected in AI, energy, and data-center infrastructure. Foreign investors are currently cautious, questioning India's position in the global AI race and seeking improvements in ease of doing business. Despite short-term volatility, long-term conviction in India remains strong, supported by favorable demographics and growing manufacturing.
Blinkit, Zepto, Instamart: Who leads India's quick commerce race?
India's quick commerce race is intensifying, with Blinkit, Zepto and Swiggy Instamart competing for dominance. Blinkit leads in orders, revenue, dark store count and is the only player with positive EBITDA. Zepto stands out for the highest orders per store and rapid expansion, while Instamart boasts the highest average order value. With Zepto's IPO expected to strengthen its cash position and rivals chasing profitability, the battle for market leadership is far from over.
NDTV Profit Exclusive: Shankar Sharma Defends Infosys, TCS, Wipro; Says No To Anthropic, OpenAI IPOs
In an exclusive conversation, Shankar Sharma criticised the rest of India's tech ecosystem, arguing that it is unfair to lay the blame on the big IT companies for losing the race on AI.
Has India lost the AI race? Not entirely - Financial Times
Has India lost the AI race? Not entirelyFinancial Times