New risks emerging in market with rapid tech adoption: Sebi

File photo: Sebi chairman Tuhin Kanta Pandey (Picture credit: PTI) MUMBAI: New vectors of risk are emerging in India’s securities market as capital market participants increasingly rely on third-party service providers and cloud-based platforms, Tuhin Kanta Pandey, chairman of Sebi, said at the Global Fintech Fest 2025 on Wednesday. “Sometimes these risks extend beyond traditional…

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US market today: Wall Street drifts near all-time highs as gold climbs past $4,000; AI frenzy keeps investors alert

Wall Street stocks showed modest gains on Wednesday, with the S&P 500 inching 0.1% higher near its record high, while the Dow Jones fell slightly by 20 points and the Nasdaq rose 0.3%. Investors remain cautious following the US government shutdown, which delayed major economic data releases, including the monthly jobs report, AP reported.Technology and…

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‘Uncertainty is the new normal’: IMF chief warns of economic turbulence, urges nations to ‘buckle up’

IMF, Managing Director Kristalina Georgieva (Photo-AP) The global economy is proving more resilient than expected despite major shocks such as President Donald Trump’s sweeping tariffs, but International Monetary Fund Managing Director Kristalina Georgieva has warned that this strength may not last.“Buckle up,” Georgieva said during a speech at the Milken Institute on Wednesday, AP reported….

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SBI looking to ease KYC burden: Chairman C S Setty

File photo: Chairman C S Setty MUMBAI: The country’s largest lender SBI is engaging with regulators to simplify its ‘know your customer’ (KYC) process, chairman C S Setty said, underlining the bank’s efforts to improve access and quality of financial services. “Simplifying KYC and re-KYC processes is critical for both customers and banks. We are…

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Best time to invest, innovate and make in India: PM Modi

PM Modi with communications minister Jyotiraditya Scindia, his deputy Chandra Sekhar Pemmasani, chairman of Reliance Jio Infocomm Akash Ambani, and Bharti Group chairman Sunil Bharti Mittal at the inauguration of the India Mobile Congress NEW DELHI: Prime Minister Narendra Modi on Wednesday made a pitch to boost investments in manufacturing in the country, saying, it…

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