The Indian rupee hit an all-time low of 84.1050 against the dollar on Monday due to persistent outflows from local stocks. The BSE Sensex and Nifty 50 indexes fell over 1.5% amid possible overseas investor selling and caution before the…
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The Indian stock market was trading deep in the red on Monday’s mid-session as heavy selling was seen in the auto, metal, realty and energy stocks.
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M&G told Reuters it had acquired a 65% stake in BauMont Real Estate Capital, an 18-strong property investing team with offices in London and Paris and 1.5 billion euros ($1.6 billion) of assets under management.
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Ahead of the US election, options traders are scaling back risk and preparing for volatility across markets. Elevated implied volatility in equities, bonds, and currencies indicates anticipation of election impacts and potential fiscal stimulus. Hedging is prominent in financials, crypto,…
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India must implement substantial structural reforms and achieve a growth rate higher than 6.5% to meet its 2047 advanced economy goal, Krishna Srinivasan, director of the Asia and Pacific Department (APD) at the International Monetary Fund, says. The IMF projects…
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Also, the regulator has suggested approving locked-in units for REITs and InvITs to be transferred among sponsors and their groups, similar to rules for promoters in listed companies, to help sponsors manage their holdings without compromising “skin in the game”.
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