The Daily

Kotak Mahindra International on Monday (August 18) announced that it had been granted a license by the capital markets regulator of the United Arab Emirates to operate investment funds and offer portfolio management services.

With this approval, Kotak Mahindra International became the first Indian firm to receive this license from the Securities and Commodities Authority (SCA),

 » Read more about: Kotak Mahindra secures UAE license for offering investment services  »

While many cryptocurrencies are used for highly speculative applications, XRP sticks to what it does best: Quickly and cheaply moving money. Transactions cost just 0.00001 XRP and can be processed in seconds. This makes it ideal for international payments, which are often subject to delays and fees.

In 2024, Ripple went a step further and launched RLUSD,

 » Read more about: XRP Trends Hot, Okalio Cloud Mining Says It's the Most Valuable Cryptocurrency  »

Indian mutual funds continued their bullish bets on global technology leaders in July 2025, extending the momentum seen in June.

 » Read more about: Indian mutual funds continue global big tech buying spree in July  »

Prime Minister Narendra Modi has promised an overhaul of the goods and services tax (GST) regime in Independence Day speech, firing up the market that was trading more than a percent higher on August 18 morning.

 » Read more about: GST 2.0: Can consumption based thematic mutual funds ride the rally?  »

PPFAS Mutual Fund has appointed Tejas Soman as its Chief Investment Officer – Debt, a move aimed at strengthening the fund house’s fixed income capabilities as it seeks to expand in the segment, the fund house said in a release.Soman, who has spent over 12 years in the debt markets,

 » Read more about: PPFAS Mutual Fund announces appointment of Tejas Soman as CIO – Debt  »

Mark Zandi sees trouble ahead for the US economy.

The Moody’s Analytics chief economist recently predicted in a post on X that the US economy is on the brink of recession following some of the latest economic data.

While Zandi later noted that he doesn’t think the US economy is in a recession yet,

 » Read more about: The economist who thinks the US is on the verge of a recession tells us how he sees a potential downturn playing out  »

Gold markets are expected to enter a phase of consolidation in the coming week as traders weigh a combination of economic indicators, monetary policy commentary, and geopolitical developments, analysts said over the weekend.

Market participants will keep a close watch on US housing data, consumer price inflation numbers from the UK and Eurozone,

 » Read more about: Gold Prices Brace For Impact: US Economy, Macroeconomic Data, Fed Moves In Focus  »

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.

 » Read more about: Caution Builds Around Tesla (TSLA) with Delivery Decline and Bearish Price Targets  »

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.

 » Read more about: 8 Best Solar Stocks to Buy According to Wall Street Analysts  »

With U.S. markets trading close to record highs, many investors are now turning to dividend-paying stocks as they try to balance growth and income. Dividend investing provides a predictable and reliable source of cash flow that can complement other forms of income. Dividend stocks can also help protect your portfolio when the stock market loses steam,

 » Read more about: Energy Dividend Aristocrats Shine Amid Market Uncertainty  »