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By Subhadip Sircar, Pratigya Vajpayee and Bhaskar Dutta India’s central bank is intensifying efforts to support the rupee, emboldened by a jump in its foreign-exchange reserves to contest the pressure from higher oil prices. The Reserve Bank of India has decided to shift to a more constant pattern of intervention to support the…
Nvidia: The Cracks Are Finally Showing
By Ruchi Bhatia India’s fiscal outlook has improved from the worst-case scenarios officials were contemplating at the height of the Iran war, with the government now set to exceed its asset-sale target for the first time in eight years, according to people familiar with the situation. A long-delayed privatisation of IDBI Bank will…
Key Points XRP has increased in price significantly in August. It could continue to gain for a while, thanks to the prospect that a bill currently heading for a Senate vote could put favorable new regulations on the crypto market. There’s still no mechanism that links the network’s success with returns for investors who hold…
“I want to send the message that she’d better keep my name out of her mouth.”
Public equities were the primary driver of first-half gains, with the corporation noting that “public equities was the strongest contributor to performance, benefiting from resilient corporate earnings and continued strength in AI-related sectors and global equity markets.” That finding aligns closely with broader Canadian pension data: according to Northern Trust Canada, Canadian pension plans posted…
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Regional lenders Truist Financial Corp. and Fifth Third Bancorp . have paused distribution of products tied to billionaire financier Mark Walter’s biggest insurance firm, according to people with knowledge of the decisions. Processing Content The banks are tapping the brakes on their role as sale channels for Delaware Life Insurance Co. amid a US probe…
Key Points The transaction involved 48,986 shares with an estimated value of ~$1.2 million based on weighted-average pricing. The sale represented 30% of the total equity stake held by the director prior to the filing. Following the disposal, the insider retains direct ownership of ~115,000 shares of common stock. 10 stocks we like better than…
Digital Transactions News staff August 28, 2026 Acquiring, Competitive Strategies, Digital Currency, Mergers & Acquisitions, Mobile Wallets, Pricing, Transaction Processing PayPal Holdings Inc.’s shares fell early Friday following news reports late Thursday that Stripe and Advent have abandoned their pursuit of the payments giant. PayPal’s board reportedly spurned the Stripe/Advent offer of…