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Why Mutual Fund SIPs Are the Smartest Way for NRIs to Build a Wealth Corpus in India
Most people want to build wealth but struggle with where to begin and this challenge is often magnified for NRIs juggling different time zones, currencies, and unfamiliarity with India’s evolving market landscape. A Systematic Investment Plan (SIP) in mutual funds removes that friction. You invest a fixed amount every month, stay invested across market cycles,…
Nestlé India Shares Rise After Company Announces ₹2 Per Share Special Dividend for FY26
On July 3, 2026, Nestlé India announced a ₹2 per share special dividend for FY26, giving investors another reason to keep an eye on the FMCG major. The announcement pushed the company’s shares higher as investors responded positively to the additional payout. Special dividends are generally viewed as a sign that a company has a…
ElevenLabs Explores Tender Offer That Could Value AI Voice Startup at $22 Billion, Report Says
ElevenLabs is moving fast. According to a Bloomberg report, the AI voice company is discussing a secondary share sale with investors. This deal, known as a tender offer, could value the startup at $22 billion. If finalized, the price tag reveals how quickly the company’s value is climbing. Five months ago, in February 2026, a…
PC Jeweller (NSE: PCJEWELLER) Shares Jump Nearly 7% as Q1 FY27 Consolidated Revenue Rises 21% YoY
PC Jeweller shares surged as much as 6.5% to an intraday high of ₹10.50 on Friday. The rally followed a post-market filing on Thursday confirming Q1 FY27 consolidated revenue growth of around 21% year-on-year. At 10:04 AM, the stock traded at ₹10.39, up 5.48% on the National Stock Exchange. PC Jeweller has climbed 6% since…
Alibaba to Ban Claude Code in Workplace Over Alleged Backdoor Security Risks, Report Says
Alibaba will ban employees from using Anthropic’s Claude Code starting July 10, 2026. Reuters reported the move Thursday, citing a source familiar with the decision. The ban stems from alleged security risks involving embedded backdoors in the coding tool. Chinese financial outlet Yicai first reported the story earlier this week. Alibaba shares fell 0.7% on…
XRP USD Holds at $1.10 (+1.53%) as XRP Ledger Faces Fake OUSD Stablecoin Scam Shock
XRP held near $1.10 on July 3, 2026, up 1.53% over the past 24 hours. The gain came despite a fresh scam warning hitting the XRP Ledger community. Validators flagged a fake issuer posing as the newly launched Open USD stablecoin. XRP’s intraday range spanned $1.045 to $1.11, with market cap near $67.7 billion. Trading…
Goldman’s Garrett Warns Investors Are Reducing Exposure to Mag 7 Stocks
Brian Garrett, head of equity execution on Goldman Sachs’s Cross Asset Sales desk, has been flagging the same signal for months, and the data behind it is now impossible to ignore. Goldman’s prime brokerage desk shows clients unwinding gross positions into all-time highs, with the largest weekly gross unwinding in seven months. Simultaneously, Goldman’s analysis…
German Ruling Coalition Unveils Major Tax, Labour and Pension Reforms
On July 2, 2026, Germany’s ruling coalition unveiled a wide-ranging package of tax, labour, and pension reforms designed to strengthen Europe’s largest economy. The proposals come at a time when the country is dealing with weak economic growth, rising costs for businesses, an aging population, and persistent labour shortages. The government believes the changes will…
AI Chip Stocks Extend Selloff as Micron, Western Digital Drop 2.1% Amid Meta Pivot Fears
AI chip stocks stayed under pressure on July 2, 2026, with Micron Technology and Western Digital each falling about 2.1%. The decline added to a wider selloff across semiconductor stocks after reports raised fresh questions about Meta’s long-term AI infrastructure plans. That prompted investors to rethink expectations for future spending on memory chips and AI…