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Trump to nominate top economic aide Stephen Miran to Federal Reserve board

Economictimes.indiatimes.com 

President Trump intends to nominate Stephen Miran, chair of the White House's Council of Economic Advisers, to the Federal Reserve's board for a temporary four-month term. This appointment, pending Senate approval, marks Trump's initial step toward influencing the Fed, potentially leading to lower interest rates. Miran's views align with Trump's, contrasting with the current stance of Fed Chair Jerome Powell.

Are accrual strategies the new key to success in fixed income investing?

Economictimes.indiatimes.com 

Fixed income investors might need to adjust their strategies. Experts suggest shifting from long-term bonds to accrual strategies. Focus should be on schemes earning through steady interest. Investors who gained from falling yields can consider booking profits. Short to medium tenure funds and corporate bonds are now attractive. Ultra short-term funds are suitable for shorter horizons.



India's electronics exports up 47% to $12.4 billion in Q1 FY26

Economictimes.indiatimes.com 

India's electronics exports are projected to surge by 30% annually, potentially exceeding $46 billion by FY26, fueled primarily by mobile phone shipments. The sector witnessed a 47% growth in the first fiscal quarter, with the US being a major export destination.

OpenAI to bring more products to India, make them affordable: Sam Altman

Economictimes.indiatimes.com 

OpenAI identifies India as its second-largest and rapidly growing market, with plans to enhance AI accessibility and affordability. Sam Altman dismisses concerns about software engineer job losses, emphasising the increasing demand for software and AI's role in boosting productivity. GPT-5, OpenAI's latest model, boasts improved reasoning and multilingual capabilities, particularly across Indian languages, while the company navigates global AI regulation.

PE firms pushing their portfolio companies to open GCCs in India

Economictimes.indiatimes.com 

Private equity firms like KKR and Blackstone are increasingly pushing their portfolio companies to establish global capability centres (GCCs) in India, with investments quadrupling in the last five years. These PE-backed GCCs, focused on sectors like SaaS and BFSI, are designed for rapid value creation. They drive product development, enhance profitability, and accelerate platform transformation.

Icertis elevates COO Subbaraman as CEO

Economictimes.indiatimes.com 

Icertis cofounder Samir Bodas is stepping down from his CEO role, transitioning to executive chairman after leading the company for over 15 years. Anand Subbaraman, the current COO, will take over as CEO. This change comes as Icertis aims to strengthen its product focus on AI and dominate the AI-driven contract management space.

Kyunki Saas Bhi Kabhi Bahu Thi 2 Update: Viren the person behind the accident deletes his sketch; Tulsi and Hemant get worried

Timesofindia.indiatimes.com (sports) 

In 'Kyunki Saas Bhi Kabhi Bahu Thi 2,' Tulsi's concerns about Pari's future intensify due to Ajay's family. Vrinda secures a sketch of the accident culprit, but Viren, Ajay's brother-in-law and the actual culprit, deletes it. Pari's engagement is fixed, and Tulsi confides in Mihir about her worries. Viren confronts the cop involved, suspecting Nitin Gokhale's role.

India's general insurance sector reports muted growth in July

Economictimes.indiatimes.com 

India's general insurance sector experienced slow growth in July. Premium growth was only 2.8 percent. Motor insurance sales were weak. Big companies like Bajaj Allianz and ICICI Lombard saw declines. New India Assurance, however, grew by 16 percent. Health insurers performed better, growing over 10 percent. The industry's total premium was ₹29,729 crore.

US raises bounty on Venezuela's Maduro to $50 mn

France24.com (en) 

"Today, the Department of Justice and State Department are announcing a historic $50 million reward for information leading to the arrest of Nicolas Maduro," Attorney General Pam Bondi said in a video on social media. "He is one of the largest narco-traffickers in the world and a threat to our national security." The previous bounty was set in January at $25 million. In 2020, during President Donald Trump's first term in office, Maduro and other high-ranking Venezuelan officials were indicted... Читать дальше...





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