Higher-than-expected capex, delayed price repair and a lack of 5G monetization should halt the industry wide ROIC repair that the brokerage firm now expects to decline/flat-line over FY23-25.
Chinese student and tourist arrivals may add nearly one percentage point to Australia's economic output over the next two years, according to JPMorgan Chase & Co
JPMorgan Chase Bank NA will have to face a lawsuit by a unit of the French maker of Ray-Ban glasses that claims the bank ignored suspicious transactions
Financial services firm provides services and solutions to asset managers and corporate issuers
KFin Technologies was initially looking to launch a Rs 2,400-crore IPO but now, it has reduced the issue size to Rs 1,500 crore to align with market conditions
Citigroup on Wednesday forecast global growth to slow to below 2% next year, echoing similar projections by major financial institutions such as Goldman Sachs, Barclays, and J.P. Morgan
Brent crude oil prices have slipped nearly 15 per cent in the last few weeks, from a peak of around $98 a barrel to a little over $83 a barrel now despite OPEC+ cutting supply
It is a noteworthy milestone and indeed a revolutionary step that these global giants are finally making their presence felt instead of just seeing potential in India
Bankman-Fried vanished from the Bloomberg Billionaires Index after his net worth just vaporised, falling 94% in a single day
Jamie Dimon said the Federal Reserve probably can't cool the red-hot economy without bringing on a recession.
While the US economy is doing well at the moment, a number of indicators and global issues are ringing alarm bells: Dimon
A large sea of people chant 'Netaji amar rahein' as a vehicle carriedthe mortal remains of Samajwadi Party supremo
If India is included in the global bond indices, it could ensure potential inflows of up to $30 billion into Indian fixed-income securities
Finance ministry official says not engaged in dialogue regarding it
Indian government bonds will likely only be included in the JPMorgan emerging market global index early next year as New Delhi still needs to address various operational issues
The government doesn't plan to waive capital gains taxes, and it's concerned that foreign inflows will increase the volatility of local markets
Call rate closes at highest since October 2019 as liquidity tightens
The brokerage expects Apple to move about 5% of iPhone 14 production from late 2022 to India, which is the world's second-biggest smartphone market after China
As the risk of recession looms and the Federal Reserve raises interest rates to curb inflation, deal markets have dried up
The global economy could avert a recession as data points to a potential soft landing, JP Morgan analysts said, while adding that the Federal Reserve might have "over-reacted" with the 75 basis point