Indian banks and prominent financial institutions are facing margin pressure according to S&P Global Market Intelligence. This is impacting loan growth and margins for the banking sector.

Spot gold was up 1.4% at $2,796.15 per ounce, as of 11:07 a.m. (1603 GMT), hitting its record high level at $2798.24 earlier in the session. U.S. gold futures climbed 2% to $2,824 ...

India on Thursday outlined global AI ambitions with plans to build its own 'foundational model' that could take on the might of ChatGPT, DeepSeek R1 and others, as it lined up "most affordable" common ...