Londons FTSE 100 hits fresh high as banks gain, gold tops $4,000

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) FTSE 100 up 0.6%, FTSE 250 down 0.1% Llyods Banking Group rises on lower motor finance scandal bill Gold miners

Tata Capital’s Rs 15,512 cr IPO fully subscribed

The initial public offering of non-banking financial company Tata Capital Ltd got fully subscribed on the final day of bidding on Wednesday. Illustration: Uttam Ghosh The company’s Rs 15,512 crore share sale received bids for 45,84,78,044 shares against 33,34,36,996 shares

Weight Loss Drug Mounjaro Registers Rs 80 Cr Sales

The bumper rise is due to the rising demand for the drug and patients’ gradual shift towards its higher dosage. Photograph: Kind courtesy Raimond Spekking/CC BY-SA 4.0/wikipedia.org/Creative Commons   US drugmaker Eli Lilly’s weight loss drug Mounjaro (tirzepatide) recorded Rs

Sitharaman asks fintechs to strengthen risk management to check AI misuse

Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people. Photograph: ANI Photo Speaking at the

Noel vs Mehli: Power struggle breaks out in Tata Trusts

Tata Trusts, which exerts decisive influence over India’s most valuable conglomerate through its about 66 per cent stake of Tata Sons, finds itself in the midst of infighting among its trustees over board appointment and governance issues. IMAGE: Bombay House,

DreamFolks launches exclusive club memberships offering travel, wellness and lifestyle perks

DreamFolks Services Ltd has launched its all-new Club Memberships at the Global Fintech Fest 2025 in Mumbai, expanding beyond airport lounges to offer a unified lifestyle and travel experience. The new platform brings together benefits like global lounge access, golf,

Bonds offer attractive carry in low inflation environment: Is it time to invest?

A low inflation environment and the government’s clear-cut borrowing schedule, experts feel that bonds must be on the radar of investors today. While bond yields and prices may see short-term fluctuations (since they move inversely), these are expected to average

At fintech meet, Sitharaman flags weaponisation of tech

Finance Minister Nirmala Sitharaman on Tuesday launched the foreign currency settlement system in GIFT IFSC, which will facilitate seamless transactions on real-time basis, enhance liquidity management, and ensure compliance. Image used for representation purpose only. Photograph: ANI Photo Currently foreign currency

HAL Poised for Growth With Strong Order Book

HAL’s order book amounts to Rs 2.45 trillion by end of Q2FY26, implying a book-to-bill ratio of 32 times based on FY25 revenue. IMAGE: The indigenous Light Combat Aircraft Tejas. Photograph: ANI Photo   The ministry of defence (MoD) has

Gold soars Rs 9,700 to storm past Rs 1.3 lakh/10 gm

Gold prices skyrocketed by Rs 9,700 to scale a fresh peak of Rs 130,300 per 10 grams in the national capital on Monday, lifted by safe-haven buying in the overseas markets and depreciation in the rupee. Photograph: Mike Segar/Reuters According