Berkshire Hathaway CEO Greg Abel sees AI, power demand as new engines of growth
Wednesday, September 2,2026,17:56
Berkshire Hathaway sees AI opportunities beyond technology stocks. The company is investing in Alphabet, a significant player in artificial intelligence. Berkshire Hathaway Energy could benefit from data center power demands. Consumers still face economic pressures from inflation and mortgage rates. Long-term investments in Japanese trading houses remain a strategic focus. .. read more..
Palo Alto Networks stock price news: Shares plunge 11% despite strong fiscal ...
Wednesday, September 2,2026,17:49
Palo Alto Networks shares dropped 11% to around $322 following fiscal fourth-quarter results, despite exceeding Wall Street expectations. .. read more..
VinFast said to put brakes on making some cars in India, sources and memo say
Wednesday, September 2,2026,16:58
The suspension marks another setback for loss-making VinFast, which turned to India after difficulties in gaining market share in the U.S. and Europe .. read more..
Top stocks to watch tomorrow: Reason why these shares are in focus for Thursd...
Wednesday, September 2,2026,16:56
Indian investors will focus on RBL Bank, Power Grid, Paisalo Digital, NHPC, ICICI Bank, India Cements, and Meesho after recent announcements. .. read more..
La Caisse acquires 24% stake in Altius Telecom Infrastructure Trust for ₹12,1...
Wednesday, September 2,2026,16:46
Global investment group La Caisse and Brookfield... announced that La Caisse has invested approximately ₹121 billion to acquire a 24% stake in Altius Telecom Infrastructure Trust, said a statement .. read more..
India and Canada reaffirm strategic ties, target bilateral trade of CAD 70 bi...
Wednesday, September 2,2026,16:32
India and Canada held Foreign Office Consultations reaffirming their commitment to a trade agreement. Both nations aim to expand bilateral trade to seventy billion Canadian dollars by 2030. Discussions reflected accelerated high-level exchanges and expanding cooperation across multiple sectors. Bilateral ties remain anchored in shared democratic principles and respect for the rule of law. India also expressed readiness to initiate negotiations on a Bilateral Investment Treaty with Canada. .. read more..
Roubles and rupees: Russia says no more hurdles in payments with India
Wednesday, September 2,2026,16:14
Russia and India have built a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six percent of their bilateral trade transactions. Bilateral trade reached seventy billion dollars in 2024, tripling since 2022. Russian businesses previously faced challenges with rupee overhang and trade imbalances. Both nations' banks are actively servicing this growing economic partnership. .. read more..
Goyal calls for resilient supply chains, while Gor stresses fair and reciproc...
Wednesday, September 2,2026,16:05
In a strategic move, India is ramping up its partnerships on critical minerals with countries including the UK and the EU. Trade agreements are under negotiation to secure vital mineral resources. The nation is also enhancing its relationship with the US via initiatives centered on critical minerals. Additionally, the government is working to simplify regulations for high-tech manufacturing, which is expected to reinforce supply chains and elevate domestic production capabilities. .. read more..
RBI may prioritise closing dollar shorts with FCNR(B) inflow
Wednesday, September 2,2026,16:04
Mumbai .. read more..
Ahead of Market: 10 things that will decide stock market action on Thursday
Wednesday, September 2,2026,15:55
Indian equities plunged nearly 1% before recovering, as escalating US-Iran tensions, soaring crude prices and global bond stress battered sentiment. Sensex closed 374 points lower, while Nifty fell 141 points, with analysts warning of continued bearishness below 24,000. .. read more..
JM Financial Asset Management garners Rs 700 crore from maiden pre-IPO fund
Wednesday, September 2,2026,15:54
JM Financial Asset Management has secured Rs 700 crore in its pre-IPO fund's first close. This fund targets businesses expected to list publicly within eighteen months. It received commitments from various investors, including family offices and institutions. The fund will invest sector-agnostically in companies with strong fundamentals and growth prospects. JM Financial Asset Management's AIF division enters the growing pre-IPO investment segment. .. read more..
Banks rush to swap higher-risk credit assets for Bank of England cash
Wednesday, September 2,2026,15:51
British banks are stepping up their game by putting forth more higher-risk assets as collateral at the Bank of England. This action marks a notable increase in the use of top-risk collateral, reaching levels not seen since March 2020. Unlike the European Central Bank, the central bank is willing to accept loan-backed securities, ensuring that it safeguards its interests through stringent risk management strategies. .. read more..
Swiggy shareholders' alert! Know why September 7 is a key date for you — food...
Wednesday, September 2,2026,15:37
Swiggy faces challenges as MSCI removes it from key indices. The deletion could potentially trigger $340 million in selling from tracking funds, compounding Swiggy’s 31% drop in 2026. .. read more..
Consultations ongoing for introducing tenders for offshore wind in Tamil Nadu...
Wednesday, September 2,2026,15:33
Rajesh Kulhari, Joint Secretary at the Union Renewable Ministry added that the NIWE had completed all the feasibility studies for the same. .. read more..
LIC launches two new plans
Wednesday, September 2,2026,15:29
The two plans will be available from September 7. .. read more..
Dell stock price news: Shares jump 14% on record Q2 results as AI server dema...
Wednesday, September 2,2026,15:21
Dell Technologies anticipates fiscal 2027 AI server revenue to reach $74 billion, up from $60 billion. For the fiscal year ending January 2027, revenues are expected to hit $192 billion, boosted by rising AI demand and a record second-quarter performance of $47 billion. .. read more..
Auto industry calls for deeper localisation to strengthen India’s global manu...
Wednesday, September 2,2026,15:18
Auto industry leaders’ comments underline a broader shift in India’s automotive strategy — from increasing local content to developing indigenous capabilities in critical technologies and inputs. .. read more..
Market Trading Guide: Ageis Vopak Terminals among 2 stock recommendations for...
Wednesday, September 2,2026,15:06
Indian equities remained volatile amid global bond-market stress and West Asia tensions, with mid-caps under pressure. Analysts recommend SKF India and Aegis Vopak Terminals, citing technical breakouts, strong volumes and improving momentum for potential upside. .. read more..
NCDEX ties up with CAI to design, promote cotton derivatives trading
Wednesday, September 2,2026,14:57
The Letter of Engagement commits both organisations to deepen participation in cotton derivatives and build a more robust, transparent price discovery mechanism and risk management tool for the Indian cotton supply chain .. read more..
Record FCNR (B) inflows as banks mobilise $127 bln
Wednesday, September 2,2026,14:56
Banks mobilized over $127 billion from FCNR(B) deposits by August 31. Total dollar inflows reached $136.37 billion through special schemes. The FCNR(B) scheme alone accounted for over 93% of these inflows. This influx helped swell foreign exchange reserves to a record high. The swap scheme for ECBs and OFCBs continues until December 2026. .. read more..
Dell shares jump 11% after strong AI server demand boosts annual forecast
Wednesday, September 2,2026,14:53
On Wednesday, Dell Technologies experienced a notable surge in its shares, fueled by booming demand for AI servers. Companies such as Dell and Super Micro are capitalizing on this trend, with Dell reporting an extraordinary 58% increase in second-quarter revenue, reaching an impressive $47 billion. Additionally, the firm has significantly upgraded its revenue and profit projections, mirroring the surge in investments for AI applications in data centers. .. read more..
Denmark’s Novonesis to invest ₹6,660 crore in Maharashtra facility expansion
Wednesday, September 2,2026,14:52
The investment underscores Novonesis’ strategy of expanding its global manufacturing footprint in markets with strong growth potential; strengthening supply capabilities for customers across Asia, the Middle East and Africa. .. read more..
Rising global bond yields, FCNR-B inflows and SEBI's CAS to shape market dyna...
Wednesday, September 2,2026,14:46
India is grappling with rising global bond yields and surging oil prices, which are heightening imported inflation. These economic challenges pose a threat to sustained corporate profits. Meanwhile, SEBI's auction initiative aims to bolster market integrity and enhance price discovery. Although RBI's new deposit guidelines provide some temporary relief amidst foreign exchange pressures, they don't offer a lasting solution. .. read more..
Jack Daniel's maker misses sales estimates on weak consumer spending
Wednesday, September 2,2026,14:43
Brown-Forman's first-quarter sales fell short of expectations, yet the company reaffirmed its annual financial goals. Economic worries from inflation and job market uncertainties are curbing consumer spending on alcohol, stabilizing whiskey sales while ready-to-drink products thrived. Similarly, competitor Pernod Ricard reported weakened demand in critical global markets. After releasing this information, Brown-Forman's shares experienced a modest bump. .. read more..
IPO-bound Simple Energy eyes large fundraise to enhance production capacity, ...
Wednesday, September 2,2026,14:40
The electric two-wheeler manufacturer Simple Energy is on the hunt for significant capital investment to elevate its production capabilities and fortify its supply chain operations. The target is to ramp up production to 10,000-12,000 scooters by March, a vital step towards claiming market leadership within eighteen months. Once the funding is secured and production goals met, ambitious IPO strategies are set to follow. .. read more..
Fed's Williams ties rising bond yields to strong economy, CNBC reports
Wednesday, September 2,2026,14:37
John Williams, the President of the New York Fed, emphasizes the impact of robust economic growth on increasing bond yields. He highlights the Federal Reserve's essential role in managing inflation and achieving its goals. As he continues to analyze data for upcoming interest rate adjustments, recent economic indicators show promise in reducing price pressures. The central bank remains vigilant, ready to adapt its strategies based on new information. .. read more..
Zerodha gets Sebi nod for merchant banking licence, formal registration await...
Wednesday, September 2,2026,14:34
Zerodha’s merchant banking licence application has received Sebi clearance, enabling its expansion into investment banking after formal registration. The move broadens its financial services portfolio, strengthens its capital markets presence and positions the broker to support companies raising funds through IPOs. .. read more..
India in talks with multiple countries to develop critical minerals for domes...
Wednesday, September 2,2026,14:18
India is actively seeking partnerships with nations like the US for critical mineral development. The country is also engaged in dialogues to build more resilient global supply chains. India's economy continues its strong growth trajectory, remaining the fastest among major economies. Nine trade agreements have secured access to markets with a combined GDP of sixty trillion dollars. These agreements facilitate zero-duty trade, enhancing Indian exporters' global competitiveness. .. read more..
Equities extend losses as West Asia tensions push crude higher
Wednesday, September 2,2026,14:02
The Nifty 50 closed at 23,914.45, down 141.35 points or 0.59 per cent, while the Sensex fell 373.93 points or 0.49 per cent to 76,570.35 .. read more..
India gets record $127 billion under FCNR window
Wednesday, September 2,2026,13:59
The RBI on Wednesday said its dollar swap facility received a total of $136.4 billion till 31 August, with FCNR-B deposits accounting for the lion’s share. .. read more..
Broadcom shares flat ahead of Q3 earnings: Here's what Wall Street expects fr...
Wednesday, September 2,2026,13:57
Broadcom Inc shares remain stable at $370 as investors anticipate strong Q3 earnings. Following Nvidia's report, expectations are high for a 210% EPS increase and an 85% revenue rise to $29.4 billion, both crucial for evaluating the sustainability of AI sector growth. .. read more..
MSCI to delete Swiggy from standard indices on foreign ownership limit breach...
Wednesday, September 2,2026,13:55
MSCI will remove Swiggy from its Global Standard Indexes on September 7, 2026, due to foreign ownership limit breaches. This deletion adds pressure on the stock, forcing passive funds to reduce exposure while limiting fresh foreign investment. .. read more..
Japanese credit rating agency JCR upgrades India to A-, Finance Ministry welc...
Wednesday, September 2,2026,13:53
A higher rating means that India can borrow at lower costs in the future, leading to a lower interest burden on the exchequer. .. read more..
NCDEX, CAI join hands to boost India’s cotton derivatives market
Wednesday, September 2,2026,13:52
NCDEX and the Cotton Association of India have signed a five-year partnership to expand cotton derivatives participation, improve price discovery and strengthen risk management through greater futures adoption across India’s cotton value chain. .. read more..
Wall Street mixed amid renewed US-Iran clashes
Wednesday, September 2,2026,13:48
The Dow Jones Industrial Average rose 0.12%, the S&P 500 rose 0.04%, the Nasdaq Composite dropped 0.02% .. read more..
Wall Street rises amid renewed US-Iran clashes, Dell jumps 6.9%, Nvidia gains...
Wednesday, September 2,2026,13:48
As of 12:03 p.m. Eastern Time, the S&P 500 index rose 0.6%. The Dow Jones Industrial Average rose 0.5%. The Nasdaq Composite rose 0.5% .. read more..
US stocks today: US stocks drift amid jobs data, Iran war escalation
Wednesday, September 2,2026,13:44
US stocks traded mixed as investors assessed fresh US jobs data and escalating attacks between the US and Iran. The S&P 500 gained 0.1%, while the Dow rose 0.4% and Nasdaq slipped 0.1%. Oil prices held steady as the conflict disrupted shipments through the Strait of Hormuz. .. read more..
US stocks today: S&P 500, Dow gain as AI strength offsets US-Iran friction
Wednesday, September 2,2026,13:44
US stocks gained on Wednesday as strength in AI stocks helped the S&P 500 and Dow offset renewed US-Iran tensions and rising inflation concerns. Investors also weighed higher Treasury yields and growing bets on a September Fed rate hike, while Friday’s jobs report could provide the next major market signal. .. read more..
Rays of Belief IPO sees retail frenzy; QIB cold shoulder on day 2
Wednesday, September 2,2026,13:43
QIB segment remains nearly empty at just 0.01 times subscription with one day of bidding remaining .. read more..
HSBC sets final guidance for Samurai bond sale, term sheet shows
Wednesday, September 2,2026,13:39
HSBC Holdings has set the final price guidance for its upcoming Samurai bond issuance, featuring senior unsecured callable fixed-rate bonds maturing in 2030, 2032, and 2037. These bonds, denominated in yen, will be sold at their full face value. Investors can expect pricing on Friday, with a settlement date earmarked for September 11th. The ultimate sale size will depend on how much investor interest there is. .. read more..
RBI's forex swap facility draws over $136 billion; more than $127 billion mob...
Wednesday, September 2,2026,13:36
The RBI had introduced a special USD-INR forex swap facility covering these instruments on June 8 this year to deal with forex outflows due to high oil prices and flight of capital owing to exit of Foreign Portfolio Investors (FOIs) from the stock market .. read more..
Govt mulls BIS exemption for high-tech companies setting up plants in India
Wednesday, September 2,2026,13:32
The government has announced new exemptions for high-tech companies, allowing them to bypass BIS certification to streamline the setup of manufacturing units in India. Concerns were raised by Japanese semiconductor companies over certification hurdles for components. This strategy is designed to ensure rapid availability of equipment, supporting the overarching goals of the Make in India initiative. .. read more..
Bengaluru firm Simple Energy forays into family scooter segment
Wednesday, September 2,2026,13:26
The new lineup includes the Simple Wave S, Simple Wave and Simple Wave+, with a total of five models across the range. .. read more..
Indian banks raise over $136 bn via RBI forex swap, FCNR(B) deposits dominate...
Wednesday, September 2,2026,12:48
India's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident deposits accounted for the largest portion of these substantial inflows. This strong response prompted the Reserve Bank of India to close deposit mobilization earlier than planned. The inflows have significantly boosted banking system liquidity and strengthened foreign exchange reserves. .. read more..
Pernia’s Pop-Up Shop IPO crosses overall subscription on final day despite NI...
Wednesday, September 2,2026,12:47
NII category remained undersubscribed at 0.84 times .. read more..
MCX gold price breaks below ₹1.50 lakh per 10 grams as selling extends to 7t...
Wednesday, September 2,2026,12:45
MCX gold prices have dropped 1.3% to ₹1,49,665 due to rising inflation concerns and expectations of a Federal Reserve rate hike. This marks their lowest level in over three weeks, continuing a six-session decline fueled by geopolitical tensions and a stronger dollar. .. read more..
KFintech launches ARYA, an AI platform for end-to-end MF transactions
Wednesday, September 2,2026,12:35
ARYA allows investors to move from portfolio inquiry to transaction execution within a single conversation, covering lump-sum purchases and SIP registrations currently in live testing .. read more..
Rupee falls 2 paise to close at 94.97 against U.S. dollar
Wednesday, September 2,2026,12:13
Investor sentiment also impacted after the 10-year U.S. Treasury yields rose above 4.8% - the highest since January 2025 - following softer-than-anticipated U.S. economic data .. read more..
Stock markets fall for third day amid escalating tensions in West Asia, highe...
Wednesday, September 2,2026,12:12
Among the 30 Sensex firms, Asian Paints, HDFC Bank, Mahindra & Mahindra, HCL Tech, Bharat Electronics and Infosys were the major laggards .. read more..
Dow Jones| Nasdaq | S&P 500 | US Stock Market Today |Live Updates: US sto...
Wednesday, September 2,2026,12:12
.. read more..