- Solid Foreign Deposit Inflows Bolstered Rupee, Financial Stocks Advanced
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Middle East Diplomatic Talks Raised Hormuz Reopening Hopes
Aug 26 India indexes lacked direction, and the rupee recovered amid hopes of reopening the Strait of Hormuz as diplomats searched for a solution to end the U.S.-Iran conflict. grse sci mazdock geship adaniensol
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Info Edge Struggles to Turnaround Real Estate Unit
Apr 8 Info Edge reported higher revenue in the March quarter, driven by an increase in its core recruitment solution and real estate division. naukri
- Earnings: TCS, Infosys, HCL Technologies
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Manipal Health Agreed to Acquire Medica Synergie to Tap Rising Demand in Smaller Cities
Apr 8 Manipal Health agreed to acquire Medica Synergie. Two hospital chains, controlled by Singapore-based Temasek, ramp up services in smaller cities across India.
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Aster DM Sells Middle East Business for $1 Billion
Nov 29 Aster DM agreed to sell its business located in the Gulf Cooperation Council to a group controlled by the promoters of the company and a private equity group based in the Middle East. asterdm
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Current Account Deficit Widened In Fiscal First Quarter
Oct 1 India's current account stayed elevated on the persistent deficit in international goods deficit and the sharp decline in international flow of funds for portfolio investment.
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Infrastructure Sector Output Shrank in August
Oct 1 India's infrastructure sector output shrank for the first time in August, highlighting the weakness in production of coal, natural gas, and refined crude.
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Global Bond Sell-Off Intensified as Inflation Risks Weigh On Sentiment
Sep 2 Global bond sell-off deepened as investors surmised that central banks will need to tighten monetary policy to combat energy price-driven higher inflation.
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Wall Street Indexes Retains Downward Bias as U.S. Treasury Expands Short-Term Debt Issuance
Aug 25 U.S. stocks struggled to rise above the flatline, and the yield on 10-year Treasury notes held around 4.67%. Investors remained deeply skeptical about Treasury Secretary Bessent's plan to cool rising yields of long-term U.S. bonds.
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