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lending sector. A few major venture-funded lending startups have swung into profits in fiscal year 2023 and some are also scouting for fresh equity rounds to shore up their capital reserves. Industry insiders told ET that after the two years of the pandemic, revival has been quick in the small and medium enterprise sector, which has helped some SME-focused lending platforms.

Australia’s ultra-rich are getting in on the AI craze, snapping up a stake in Brisbane-based automation infrastructure business MakerOps.

The amount of sovereign debt in default rose by 35 per cent in 2022 as interest rates climbed, reaching US$558 billion and representing 0.6 per cent of public debt worldwide, according to data gathered by the Bank of Canada and Bank of England.

Europe European stocks gained on Monday, led by rise in healthcare shares and on easing euro zone inflation in July. The pan-European benchmark STOXX 600 rose 0.1%. Britain’s FTSE 100 rose less than 0.1% at 7,699.41.

Chinese Vice Premier He Lifeng says Beijing has invested $25.4 billion dollars in Pakistan in the past ten years under the China-Pakistan Economic Corridor, or CPEC package

Cardi B found herself confronting a fan who threw a drink at her on stage during a performance in Las Vegas. The incident prompted a swift reaction from the «WAP» rapper, as she fiercely hurled her microphone back at the attacker. Subsequently, the fan filed a police report for battery.

BJP has announced the election management and manifesto committee team for the upcoming assembly elections in Madhya Pradesh. A look at the names suggests that the party has reached out to dissidents and tried to accommodate leaders to make everyone happy before the elections. Union home minister Amit Shah, during his two Bhopal trips in July, had asked the state leaders to approach veterans who were unhappy and take everyone along.

With the announcement of Reubens' death, he also shared in a statement, “Please accept my apology for not going public with what I’ve been facing the last six years,” AP reported. “I have always felt a huge amount of love and respect from my friends, fans and supporters. I have loved you all so much and enjoyed making art for you.”

₹1 crore. According to experts, the benefits of choosing indirect real estate investment platforms are higher risk-reward returns and investors don’t have to manage a property directly. Rising disposable income among the ultra rich and upper middle class, the regulated and well-structured nature of AIF platforms, and volatile stock markets are key factors for the growing interest.

Lending conditions at U.S. banks are tight and likely to get tighter, according to a Federal Reserve survey released Monday.

The multiyear trend favoring exchange-traded funds over mutual funds is on full display in the latest Trends in Portfolio Construction report from Fidelity Investments.

Republican presidential hopeful Ron DeSantis is taking aim at China with a 10-point economic plan he's calling a “Declaration of Economic Independence.”

New Delhi: In a fresh bid to revive Jet Airways (India) Ltd, the Directorate General of Civil Aviation (DGCA) has extended the air operator certificate of the beleaguered airline until 3 September, even as it undergoes the corporate insolvency resolution process (CIRP). “DGCA has extended AOC in respect of Jet Airways for a period up to 03.09.2023 only for limited purpose of completing the ongoing CIRP," the regulator said in a statement. However, the airline will be required to undergo a re-certification process as per the established rules and show its adherence to the applicable regulatory requirements once again before it can resume flight services.

As the market observes the live Bitcoin price at $29,183, it remains closely monitored with a 24-hour trading volume of $11.9 billion. 

Seven West Media chairman Kerry Stokes and his commercial director Bruce McWilliam will be forced to hand over thousands of their emails exchanged with Ben Roberts-Smith’s legal team as Nine pursues Seven West Media for the costs of the disgraced soldier’s failed defamation action.

₹701.17 crore in the Indian markets on Monday. “While FIIs remained net buyers of Indian equities in July, overseas fund flows could be choppy this week as a depreciating currency against the dollar after the Fed’s interest rate hike by 25 bps can prompt them to offload their holdings in local equities," said Shrikant Chouhan, head of research, retail, Kotak Securities Ltd. Moreover, the Fed‘s indication of an additional rate hike amid the uncertain inflation trends may influence global investor sentiments, that may lead to fund outflow from emerging markets while bolstering investments in secure US bonds, said Chouhan In fact, FPIs had started curtailing positions a few days prior to the rate hike in anticipation of the Fed’s move, said analysts.

The San Francisco prosecutor’s office has started laying out its murder case against a tech consultant charged in the stabbing death of Cash App founder Bob Lee

El Mago Pop," is set to dazzle audiences with a physics-defying feat during the 8:00 AM ET hour of NBC's «Today» show. The highly anticipated performance will take place live on the iconic Rockefeller Center Plaza, marking his first appearance on national television. It can be live streamed on the channel's official accounts. Antonio Díaz expressed his gratitude and excitement for the opportunity, saying, «If 25 years ago, you told that child that practiced card tricks in a little room in Barcelona that he would have his own show on Broadway one day, he would have never believed it. But sometimes, the impossible happens. Being one of the few illusionists in history to have his own show on Broadway is a privilege. Being the first one from Europe is amazing. But now my dream is to share with you the hours of work, practice, and impossible dreams. Tomorrow I'll present one of my illusions on Rockefeller Plaza, surrounded by people from all over the world, live for America. Introducing myself to this country on the „Today Show“ is an honor, and I would love to share an impossible moment with you. I will be waiting for you at the Ethel Barrymore Theatre. Thank you for being with us on this journey!»

Last week, the Bank of Japan shocked markets by deciding to raise the yield curve tolerance range of the Japan 10-Year Treasury bond yield to 1%. This marked a significant step towards reversing years of ultra-accommodative monetary policy. However, Bank Governor Ueda emphasized that this move is just a correction, and their main focus remains to achieve sustained inflation.

According to a recent poll conducted by New York Times/Siena College former US President Donald Trump is dominating his rivals for the Republican presidential nomination, leading his nearest challenger, Florida Governor Ron DeSantis by 37 percentage points, the New York Times reported on Monday. The poll results reveal that Trump enjoys robust support across demographic group and region and in every ideological wing of the party. A staggering 54% of likely Republican voters back Trump, compared to a distant 17% for Governor DeSantis.

₹701.17 crore, while domestic institutional investors (DIIs) bought securities for a net total of ₹2,488.07 crore. FIIs purchased shares worth a net of 13,922.01 crore rupees for the month up to July 31, while DIIs sold shares worth a net of 1,184.33 crore rupees. Whereas, the India's foreign exchange reserves fell by $1.9 billion for the week ended July 21 to $607.03 billion, according to Reserve Bank of India figures released on Friday.