The massive selloff represented more than half of the total Rs 1.18 lakh crore that FIIs withdrew from Indian equities last month, according to NSDL data, making banks and financials the hardest-hit segment in a brutal market rout.
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At the core of the disruption is a sharp spike in input costs, particularly for sectors dependent on petroleum-based materials. Puran Dawar, Northern Regional Chairman of the Council for Leather Exports and President of the Agra Footwear Manufacturers and Exporters…
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Iran’s Revolutionary Guards stopped two Qatar LNG tankers on Monday. The vessels were en route to the Strait of Hormuz. This occurred despite an agreement for their passage brokered by Pakistan. The tankers were positioned off the UAE coast. This…
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ICICI Bank has lowered India’s GDP growth forecast for fiscal year 2027. The new projection stands at 6.8 to 6.9 percent, down from the earlier 7.2 percent estimate. This adjustment reflects disruptions in energy supply and manufacturing momentum. Global oil…
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The Supreme Court has not halted Adani Group’s bid for Jaiprakash Associates Ltd. The NCLAT’s decision stands. However, JAL’s monitoring committee cannot make major policy decisions without NCLAT approval. Vedanta and Adani Enterprises will present their arguments before the NCLAT…
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Citrini Research found that while most markparticipants rely heavily on Automatic Identification System (AIS) data-he maritime tracking system fora vessel’s position-may present an incomplete picture. This implies that the models used for forecasting global energy supply and macroeconomic trends may…
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