JPMorgan’s $1.5 trillion plan: CEO Jamie Dimon plans to hire more experts; ‘just give us a call’

JPMorgan is hiring as part of its ambitious $1.5 trillion US “resiliency” plan, CEO Jamie Dimon announced on Monday.The bank is looking for financial specialists in defence, energy, artificial intelligence, and advanced manufacturing to help build an investment team. This team will deploy $10 billion in capital before the bank involves its bankers.“If you think…

Read More

Gold rate today: Gold prices touch Rs 1.26 lakh per 10 grams; silver goes past Rs 1.62 lakh/kg – what’s driving the record rally?

Gold prices climbed to a record high as renewed US-China trade tensions exacerbated broader uncertainty. (AI image) Gold rate today: Gold and silver prices are touching new lifetime highs everyday ahead of Dhanteras and Diwali. On Tuesday, gold and silver futures achieved unprecedented peaks in domestic trading on Tuesday, reflecting record gains internationally, driven by…

Read More

Payment trends: Digital transactions surge but cash still remains king! Here’s what Indians are using to pay

Cash continues to hold a strong grip on India’s payment landscape, accounting for nearly half of all transactions, even as digital payments surge across the country.A report by Care Edge Ratings found that cash usage in private final consumption expenditure (PFCE) remained at around 50% in Q1FY26. It said that even though digital payments have…

Read More

Tata Motors demerger: What does it mean for investors & why did the share price drop 40%? Explained

The company will adopt the name Tata Motors Passenger Vehicles Ltd (TMPV), comprising passenger vehicles, electric vehicles and Jaguar Land Rover (JLR) units. (AI image) Tata Motors demerger: Tata Motors shares dropped by 40% during early trading on Tuesday, with shares opening at Rs 399 on the Bombay Stock Exchange, compared to Monday’s closing price…

Read More

Foxconn looks to invest Rs 15k crore, eyes EV batteries

CHENNAI: Taiwan-based electronics major Hon Hai Technology Group (Foxconn) has announced an investment of Rs 15,000 crore for various manufacturing projects in Tamil Nadu, the state’s industries minister TR B Rajaa said.While details of the projects were not disclosed, it is learnt that Foxconn is likely to invest in electric vehicle batteries, among other technology…

Read More