India's capital market regulator has barred Axis Capital from being the manager in new offerings of debt by Indian companies, the latest crackdown in the country's securities market, according to a report by Bloomberg.

India prohibits Axis Bank unit from handling new debt issuances

JPMorgan Chase said on Thursday that it has reshuffled its leadership, with a push to strengthen its healthcare and technology investment banking, according to an internal memo that Reuters had seen.

JPMorgan appoints new heads for healthcare and tech investment banking

Oil prices, which eased somewhat on Friday, ended higher for a second consecutive week as factors from a massive cut in US interest rates and declining world inventories took their toll.

Oil prices close week on a high following US rate cut

Brazil's markets made a brisk gain on Thursday as the central bank decisively voted to raise interest rates - and a statement that many would call hawkish signalled a commitment to getting inflation back on track, according to a report by Bloomberg.

Brazil's Real surges following central bank's aggressive rate hike

In response to the recent death of 26-year-old Chartered Accountant Anna Sebastian Perayil, Ernst & Young India has made a commitment to improve its workplace policies.

Ernst & Young (EY) India responds to employee Anna's death

An association of Brazilian Internet providers said on Wednesday that Elon Musk's X dodged a ban on the social media network in Brazil through an automatic update of its software, according to a report by Bloomberg.

Elon Musk's X evades Brazil ban with a software update

Fed Chair Jerome Powell said on Wednesday that the US central bank may have started to cut interest rates in late July had it realised that the labour market was cooling this quickly.

Powell suggests Fed could have cut rates at July meeting

The move by the Federal Reserve to slash interest rates sparked ripples through the 2024 presidential campaign as Democrat Kamala Harris hailed the action as a boon for middle-class families, but Republican Donald Trump said it was a bit politically motivated.

Trump and Harris seek political advantage from Fed rate cut

Argentina's economy contracted 1.7 per cent in the second quarter compared with the preceding three months, according to the country's statistics agency, which said that sent the embattled South American nation deeper into recession.

Argentina's recession worsens as economy contracts beyond expected

The threat of foreign interference in the US election will spike during the last two days of the presidential campaign, said Microsoft Corp. President Brad Smith, according to a report by Bloomberg.

Microsoft executive raises alarm over potential election interference in final 48 hours

Reliance power limited has paid off the entire obligations of the company as a guarantor on behalf of Vidarbha Industries Power Limited (VIPL). The total outstanding debt amounts to Rs 3872.

Reliance power settles outstanding loans, shares jump

Almost 30 per cent of the crude oil and nearly 41 per cent of the natural gas in the US Gulf of Mexico remained shut on Saturday following Hurricane Francine, the US offshore energy regulator said.

Close to 30% of US Gulf of Mexico oil production halted due to storm

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Zee News Rajasthan

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