Anthropic eyes Wall Street debut; Claude maker files confidentially for IPO

Artificial intelligence company Anthropic has taken a major step towards a public market debut, announcing that it has confidentially filed paperwork with the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO), AP reported.The company said the filing gives it the option to go public after the SEC completes its review … Read more

Rupee falls 34 paise to close at 95.19 against US dollar amid rising crude prices

The rupee snapped its previous session’s rally and fell 34 paise to close at 95.19 against the US dollar on Monday, weighed down by renewed geopolitical tensions involving the US and Iran, a sharp rise in crude oil prices and a stronger greenback, PTI reported.The domestic currency opened at 94.93 in the interbank foreign exchange … Read more

Brajesh Kumar Singh appointed MD & CEO Canara Bank

Mumbai: Brajesh Kumar Singh has assumed charge as managing director and chief executive officer of Canara Bank after a Govt notification dated May 30, 2026, with his tenure set until Apr 30, 2029, or until further orders, whichever is earlier.The appointment follows the recommendation of the Financial Services Institutions Bureau and approval by the Appointment … Read more

US stock market today (June 1, 2026): S&P 500 hovers near record as Nvidia gains offset oil price worries

US stocks traded near record levels on Monday despite a fresh rise in oil prices following renewed tensions around the fragile US-Iran ceasefire, as gains in technology heavyweights led by Nvidia helped keep investor sentiment resilient.The S&P 500 was little changed from the all-time high it set on Friday. The Dow Jones Industrial Average slipped … Read more

US-based Ingredion to invest Rs 198cr in Sanstar, set up JV

Mumbai: Ingredion Inc, US-based ingredient solutions multinational company in the food, beverages and pharma sectors, is investing nearly Rs 200 crore in Ahmedabad-based Sanstar Ltd, a leading corn-based specialty products and ingredient solutions firm through the preferential allotment route. The investment by the US major is part of a strategic partnership between the two companies … Read more

Fiscal consolidation: Govt meets FY26 fiscal deficit target of 4.4% of GDP

The Centre achieved its fiscal deficit target of 4.4 per cent of GDP for 2025-26, according to provisional data released by the Controller General of Accounts (CGA) on Monday, marking an improvement from the previous financial year’s deficit level, PTI reported.The fiscal deficit for FY26 was estimated at Rs 15,68,936 crore in the Budget and … Read more

India-UK trade pact faces delay as steel curbs, carbon tax concerns remain unresolved: Report

India and the UK are set to discuss Britain’s steel safeguard measures and proposed Carbon Border Adjustment Mechanism (CBAM) this week, with the two issues emerging as key hurdles in the implementation of the bilateral free trade agreement signed last year, PTI reported citing sources.The issues are expected to figure prominently during the visit of … Read more