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Some mutual fund houses stop fresh inflows into gold fund of fundsBid to Boost RupeeThis is part of a series of recent measures taken since last Saturday to arrest the rupee's slide. The currency, which re...
India’s family offices bet on homegrown AI firms to gain groundIndia’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest a...
India’s manufacturing growth opens new investment opportunities: Trifecta Capital co-founder Rahul KhannaIndia's manufacturing sector is expanding, which is leading to investment opportunities in various industries and defence. Trifecta Capital...
Canada may need 15 million workers over the next decade, says Indian envoyCanada could need up to 15 million workers over the next decade to meet labour demand from planned investments, India's High Commissioner t...
RBI to continue efforts to curb rupee volatility; external factors driving currency fall: FMFinance Minister Nirmala Sitharaman mentioned the Reserve Bank of India’s ongoing efforts to stabilize the rupee's value. She noted that th...
Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...
FII ownership hits 17-year low, but foreign holdings in Indian equities rise 3.6 times to $783 billion: ReportForeign investor ownership in Indian equities has fallen to a 17-year low of 15.1%, but the absolute value of holdings has risen to around ...
Tencent sells dollar, dim sum bonds amid AI spending spreeTencent Holdings is selling US dollar and offshore Chinese yuan, or dim sum, bonds in a deal that could raise at least $4.5 billion as the ...
SoftBank invested $20 million in Alibaba in 2000. 14 years later, that tiny stake was worth more than $50 billion after its blockbuster IPOIn 2000, SoftBank’s Masayoshi Son invested $20 million in Alibaba, the Chinese online marketplace founded by Jack Ma. The company had littl...
RBI measures, intervention spark rupee's sharpest rally in six monthsOn Monday, the Indian rupee gained about 1% after the Reserve Bank of India announced measures to curb dollar demand. Oil companies' dollar...
Rupee stages stunning ₹1 comeback against dollar: What’s the RBI’s 4-step shock therapy and how long can it last?The Indian rupee gained against the US dollar after the Reserve Bank of India announced several intervention measures. These actions aimed ...
Donald Trump: ‘We’re getting rich because of tariffs,’ vows $5,000 payout again if Republicans win midtermsDonald Trump expressed discontent regarding a Supreme Court ruling that he claims diminished federal revenue significantly. He stated that ...
India’s rupee defence raises question of how far RBI will goThe Reserve Bank of India implemented strong measures to stabilise the rupee as external pressures intensify. This includes opening a dolla...
Rupee posts weekly fall despite rate hike amid adverse flows, weak sentimentIn recent trading, the Indian rupee closed at 96.73 against the dollar, showing minimal fluctuation from its prior standing. The rupee's sl...
Global Market: Foreign investors pull $23.5 billion from Asian equities in September as US yields surgeForeign investors withdrew $23.49 billion from Asian equities in September as rising US Treasury yields, inflation fears and tighter moneta...
Tencent mulls $5 billion bond sale to push AI ambitions: Bloomberg NewsTencent is exploring the possibility of raising as much as $5 billion through an offshore bond sale this month. This potential move comes o...
SP Group unit raises $460 million in rupee debt to repay loansEqyizen Investment, a subsidiary of the Shapoorji Pallonji Group, has successfully secured 44.5 billion rupees through the issuance of zero...