Despite geopolitical crisis, India's economic fundamentals and strategic partnerships will sustain growth: World BankIndia's economy shows strong growth potential. The World Bank believes this momentum will continue. Investments in people and businesses ar...
Extreme weather to drive $20 trillion in global spendingAnalysts note that companies involved in environmental adaptation and mitigation have already outperformed the broader market significantly.
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pausesUS stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Bank...
Oil prices settle higher on slow progress in US-Iran peace talksOil prices saw a volatile week as hopes for a U.S.-Iran peace deal, which would normalize shipping through the Strait of Hormuz, fluctuated...
Vedanta Resources looking to rejig $5.5 bn holdco debt in one goAnil Agarwal's Vedanta Resources Ltd is in talks with global banks to refinance its $5.25-5.5 billion debt. The company aims to raise $3.5-...
Battery storage firms eye AI demand but face grid, supply hurdlesAmerican battery storage companies are experiencing high demand from AI data centers. However, long waits to connect to the power grid and ...
Iran war, fading tax boost may slow India’s growth to 6.7% in FY27: BMIIndia's economic growth is set to slow in the upcoming fiscal year. This slowdown is attributed to the diminishing impact of recent tax cut...
RBI clears Kotak Bank to raise stake up to 9.99% in AU Small Finance, Federal BankThe Reserve Bank of India has approved Kotak Mahindra Bank's increased stake in AU Small Finance Bank and Federal Bank. Kotak can now hold ...
The rupee at record low will end India’s cheap-money eraElevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hike...
Elevated foreign ownership a positive for Indian financial firms: FitchForeign investors are showing increased interest in Indian financial firms. Fitch Ratings notes this can bring long-term capital and better...
Bank stocks under pressure as analysts trim earnings, targets on NIM concernsAnalysts have cut FY27 earnings forecasts and target prices for banks, citing sustained pressure on net interest margins due to high fundin...
Iran war's global energy crisis sharpens China's advantage in clean techThe Iran war and disruptions in the Strait of Hormuz are accelerating a global shift from fossil fuels to renewable energy, positioning Chi...
Big Tech puts financial heft behind next-gen nuclear power as AI demand surgesBig Tech companies are injecting funds into new nuclear technologies. This is to power energy-hungry AI data centers. Firms like Meta, Amaz...
US Stocks: Levi Strauss shares jump 10% as pricey denim sales smooth over tariff hitLevi Strauss' shares jumped about 10% on Wednesday as investors cheered its strongest quarterly revenue growth in nearly four years, with c...
West Asia conflict may trigger layered stress on margins, liquidity in India's financial sector: EYIran War: Geopolitical tensions, especially in West Asia, are poised to significantly impact India's financial services. EY's analysis reve...
Fitch upgrades Vedanta Resources to BB-, outlook stableFitch Ratings has upgraded Vedanta Resources to 'BB-' from 'B+'. This marks the highest bond rating for the company in a decade. The upgrad...
Fitch gets permission to operate from ChinaChina's Cabinet relaxed the regulation on foreign institutions' distribution of financial information services in October 2012.