Flexi-Loan

India’s wealth landscape is undergoing a structural transformation, with the next wave of millionaires emerging from Tier II and Tier III cities, alongside the rapid rise of family offices and growing global diversification among affluent investors. As wealth creation accelerates beyond the metros, client expectations are also evolving, driven by technology, AI-powered insights and demand…

Oil prices climbed further on Wednesday after U.S. President Donald Trump announced a naval blockade on all Iranian ports and Iran responded with fresh strikes targeting U.S. infrastructure in the region. Crude oil price on July 15 Brent crude settled at its highest level since June 12 for a second consecutive session, while West Texas…

Starbucks Corp. is brewing a tempest in a chai latte cup. The coffee chain is tapping artificial intelligence to develop in-house alternatives to systems by Microsoft and IBM that track inventory and manage equipment, Bloomberg News reported last week, after reviewing an internal presentation. According to the article, the Seattle-based company has been working for…

South Korea’s AI-fueled stock boom is turning into a cautionary tale of what happens when leverage becomes a more powerful market force than the fundamentals. SK Hynix Inc.’s record 15% plunge Monday compelled managers of leveraged products tied to the country’s chipmakers to sell billions of dollars of stock, transforming what began as a global…

Fund houses saw strong equity inflows in June as easing geopolitical tensions, softer oil prices and resilient domestic macros supported sentiment. Money managers leaned into large-caps, which are trading below historical averages, while selectively adding small-caps with earnings visibility. Private banks were a clear favourite, with HDFC Bank, Axis Bank and Bajaj Finance consistently bought…

PERTH: Oil rose on Wednesday as President Donald Trump reimposed a naval blockade on all Iranian ports and Iran launched retaliatory strikes on U.S. infrastructure in the region. For the second straight session, Brent closed at its highest since June 12 and West Texas Intermediate at its highest since June 15 and rose further on…

Mumbai: Shares of HCL Technologies fell 4.5% to close at ₹1,166.7 on Tuesday, as most top analysts cut their price targets after the company’s first-quarter results. The Nifty IT index declined 1% against the 0.7% drop in the Nifty. While most domestic brokers remain optimistic about the stock’s prospects, foreign brokerages like HSBC, CLSA, Morgan…

New Delhi: India’s net direct tax collections, after refunds, rose 16.4% to ₹6.51 lakh crore as of July 13, supported by healthy corporate earnings and resilient formal sector incomes despite the West Asia crisis. Growth was led by corporate tax, which increased 22% to ₹2.40 lakh crore in the April-July 13 period. Non-corporate tax collections…

S&P 500 and the Nasdaq advanced on Tuesday as solid big bank results and a cooler-than-expected inflation report boosted risk appetite amid rising Middle East tensions. A rebound in chip shares put the Nasdaq out front, while the Dow’s gains were more subdued. The ‌Labor Department’s Consumer ⁠Price ⁠Index showed inflation cooled more than analysts…

IBM Chairman and CEO Arvind Krishna attributed the company’s weaker-than-expected second-quarter performance to an unexpected shift in customer spending towards AI infrastructure, including servers, storage and memory, to secure supply-constrained hardware, which affected its Software and Infrastructure businesses. Shares of the company fell over 26% to $213.22 following the update, which was their biggest intraday…