Modi, Starmer upbeat about free trade deal boosting investments, trade, employment
Prime Minister Narendra Modi and his UK counterpart Keir Starmer have expressed confidence that the India-UK Comprehensive Economic Trade Agreement (CETA) would significantly boost trade, investment and employment in both countries and said they looked forward to its early ratification.
As many as 64 Indian investors have agreed to collectively investing £1.3 billion into some of Britain’s most thriving businesses creating nearly 7,000 jobs — demonstrating the impact the UK-India trade deal is already having on investor confidence,
Read MoreMagnum SIF by SBI Mutual Fund: All you need to know before the fund closes on 15 October
SBI Mutual Fund launched Magnum SIF on 1 October. For those who are not aware, SIF refers to a specialised investment fund, a new investment category launched by Sebi on 1 April 2025. It falls somewhere between mutual funds and Portfolio Management Services (PMS).
The minimum investment in an SIF is ₹10 lakh.
Trump Calls US-Canada Relationship 'Complicated' But Hints At Trade Breakthrough After Meeting Mark Carney: 'There's A Natural Conflict'
President Donald Trump suggested that progress could be made on trade talks with Canada, after meeting with Prime Minister Mark Carney,
Cynthia Lummis Says Acquitisions For Strategic Bitcoin Reserve 'Can Start Anytime' Under Trump's Backing
JPMorgan pledges $10 billion to US companies 'essential to national security'
JPMorgan Chase (JPM) said on Monday it plans to invest as much as $10 billion in direct equity and venture capital stakes in companies operating within key industries such as artificial intelligence, mineral producers, and defense.
The strategy is part of a wider “security and resiliency” plan by the country’s largest bank to commit $1.5 trillion in future financing and spending on industries critical to national and economic security in the US and allied nations,
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Read MoreThe Burst
Market Commentary: Something Ominous Lurks Beneath
Peak excitement is kicking in now. The market has risen in 15 of the last 17 weeks. Nvidia’s forecasts that beat the street by a couple of billion dollars led to a $250 billion surge in market capitalization. And retail traders are pouring into out-of-the-money call options in the hopes of making life-changing returns on popular stocks.
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Read MoreThe Ivy
1 Weird Advantage NVIDIA Has Over Magnificent 7
In spite of recent share price turbulence, NVIDIA has been on an astonishing run over the past 5 years with the stock gaining a remarkable 2,317%.
To give you a sense of the magnitude of the bull run, NVIDIA’s revenues were $10 billion in 2020, but have soared to $60.9 billion in the intervening years.
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