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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...
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 ...
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...
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...
MSMEs tap working capital amid rising input cost pressuresMSMEs and other industries are experiencing higher working capital utilization as input costs escalate due to the US-Israel conflict. This ...
Fitch ups rating outlook for Adani Ports, Adani Energy to ‘stable’Fitch Ratings has upgraded its outlook for Adani Ports and Adani Energy Solutions to stable. The agency believes contagion risks for these ...
Ex-CEO of IL&FS arm helped Fitch official buy villa, says probe report; Fitch investigating matterIL&Fs enjoyed high ratings from rating cos due to window-dressing of the company's books, the probe has found.
RBI's new year giveaway may hurt credit cultureThat’s the view of India Ratings and Research Pvt., a Fitch group company, on the relaxation extended to the so-called micro, small and med...
Investors could face losses if pledged stocks are liquidated which amounts to Rs 1.67 bn: India ResearchThe total market value on 3 August 2015 of the pledged stocks was nearly Rs 1,884bn, which is 8% of the total market capitalisation.
Banks and companies are using standby letter of credit to avert loan default, downgradeThe lender issues an SBLOC on behalf of the company, promising to pay another bank if the company fails to pay up.