Foreign investors are shifting their money in India. They are selling IT stocks and buying into financial services. Capital goods, automobiles, and construction sectors are also seeing increased investment. This rotation is driven by concerns over AI’s impact on IT…
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Thousands of Indians in the UAE are stranded due to regional conflict and disrupted air travel. While airlines offer rescheduling, travel insurance typically excludes war-related losses, leaving travellers to cover extended stays and evacuations. Insurers are exploring policy adjustments for…
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Chinese electronics firms in India are leaning on their parent companies for financial aid. This support helps them navigate legal hurdles and regulatory issues. Companies like Vivo and Xiaomi are receiving backing through various financial instruments. This trend highlights the…
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Wall Street’s major indexes fell on Friday as weak US jobs data and a sharp rise in oil prices heightened concerns about the economic outlook. The Dow Jones dropped 0.95%, the S&P 500 fell 1.33%, and the Nasdaq declined 1.59%,…
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A week after a major disruption to global energy markets, oil prices remain below past crisis peaks but are rising fast as the conflict in the Gulf halts ship traffic through the Strait of Hormuz. Brent crude has crossed $90…
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Vehicle sales in India saw a significant jump of 25.6% in February. This surge was fueled by recent tax cuts and a strong demand from the wedding season. Both two-wheeler and passenger vehicle segments experienced robust growth. Dealers anticipate this…
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