Citigroup beat estimates with second-quarter profit, driven by a surge in investment banking revenue and growth within its services division. The stock fell at the open as investors fretted over an uptick in costs and how the lender would boost market share.

Citigroup beats profit estimates, but shares fall on expense concerns

US producer prices increased in June continuing the trend of easing inflation that is strengthening expectations for a Federal Reserve interest rate cut in September.

Producer prices rise modestly, bolstering case for Fed rate cut in September

JPMorgan Chase, the largest bank in the United States, has turned in better-than-expected second-quarter profits due to its perfect investment banking business with the high tide of merger and acquisition activities.

JPMorgan Chase beats profit estimates on strong dealmaking, trading

Some of the opposition leaders in India, including Prashant Bhushan, Jairam Ramesh, and Saket Gokhale, have been cited by a BusinessWorld report as accusing the government of "major scam" facilitation through silver imports via Gujarat International Finance Tec-City.

Silver imports no scam, say experts countering opposition claims

Britain's economy grew 0.4 per cent in May, stronger than expected and offering new Prime Minister Keir Starmer a boost at the beginning of his mandate. The 0.4 per cent rise, driven significantly by surging housing construction, was double the 0.

UK economic output surged by 0.4 per cent in May, exceeding expectations

In a surprising turn of events, US consumer prices fell marginally, highlighting the view that the disinflationary trend is getting firmer and puts the Federal Reserve closer to interest rate cuts.

US consumer prices decline, bringing Fed closer to rate cuts

On July 11, Prime Minister Narendra Modi interacted with top economists to take inputs and ideas for the upcoming Budget for 2024-25. This meeting called for crystallising the financial blueprint of the Modi 3.

PM Modi meets economists ahead of upcoming budget

As India gears up for its upcoming budget, a key sector – the auto industry – is buzzing with anticipation. The question remains what does the budget hold for automakers and most importantly, for you, the consumer?

India's auto industry anticipates budget boosts for growth and affordability

In its first silicon design acquisition in India, tech consulting giant Accenture has purchased Bengaluru-based Excelmax technologies. Financial terms were not disclosed yet.

Accenture acquires Excelmax to boost silicon design capabilities in India

Asian stocks opened higher today, buoyed by gains on Wall Street. Japan’s Nikkei 225 rose 1 per cent, while South Korea’s Kospi climbed 0.3 per cent, driven by an increase in Samsung electronics despite ongoing union strikes.

Asian stocks rise on Wall Street optimism; Eyes on Fed & economic data

The proliferation of obscure Chinese brands on Amazon is reshaping the online shopping landscape. Run-of-the-mill brands dominate search results, often offering low-cost alternatives to established names.

Chinese brands surge on Amazon, redefining online shopping

The International Monetary Fund (IMF) has warned that the United Kingdom, under its new Labour government, faces tough decisions due to high public debt. In its annual economic review, the IMF stressed the need to balance public spending while stabilising debt, which is nearing 100 per cent of GDP.

UK faces fiscal tightrope: IMF urges reforms amid high debt

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