foreign fund managers

Shark Tank's Kevin O'Leary suggests Chinese influence behind US data center protests, citing a Utah project. While US Interior Secretary echoed concerns, critics argue local opposition stems from genuine community issues like water use and environmental impact, not foreign propaganda.

The exuberance of Indian investors has pushed valuations so high that MNCs as well as PE/VC funds are seizing the opportunity to exit

For fuel, price hikes will do the job. For rupee, a hike in interest rates, one-time dollar bonds issue for NRIs & capital gains tax rejig will do the trick. Remember, our macros are just fine

According to data compiled by Bloomberg, Taiwan’s overall market capitalisation rose to $4.95 trillion as of Monday, while India’s market value declined to $4.92 trillion.

Non-Resident Indians can invest in Indian real estate, including residential and commercial properties, and land for construction, under FEMA rules. While agricultural land is restricted, NRIs can purchase apartments, offices, and plots. Key documents and tax compliance are essential, with specific deductions available for interest and principal payments. Payments must follow prescribed banking channels.

India's economic horizon is looking promising, with the Reserve Bank of India forecasting a robust 6.9% GDP growth for the fiscal year 2026-27. Yet, challenges loom as global tensions, particularly in West Asia, and escalating energy costs could disrupt this trajectory. Inflation is predicted to rise slightly to 4.6%, while the RBI targets a steady 4%.

Fuel retailers face mounting losses as global energy disruptions persist, potentially forcing further petrol and diesel price hikes. BPCL director Raj Kumar Dubey indicated limited options for policymakers, including price increases or government funding. India is diversifying oil sources and accelerating its push towards green energy to mitigate these challenges.

Experts believe that the RBI’s record surplus transfer will offer only partial support to the government’s strained fiscal position amid the continuing crisis in West Asia.

SEBI chairman Tuhin Kanta Pandey stated that Indian markets are resilient and can manage the volatility stemming from the West Asia crisis. He noted that domestic investors remain confident, with Odisha showing a higher SIP ratio than the national average. Pandey also highlighted SEBI's work on AI trading guidelines and advocated for municipal bonds to fund urban development.

A potential 60-day ceasefire extension between the US and Iran is nearing, aiming to reopen the Strait of Hormuz and allow Iranian oil exports. This deal, brokered by Pakistan, includes lifting US port blockades and sanctions waivers, contingent on Iran negotiating its nuclear program and ending the Israel-Hezbollah conflict. Global oil markets are closely monitoring developments.

Gold price prediction today: Gold prices may gain if oil prices fall, but the rise is likely to be capped, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

Byju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The remarkable thing about Byju’s is that it did not begin as a cynical idea. There was something authentic at its core. That is partly why the collapse feels so dramatic

Uday Kotak, founder of Kotak Mahindra Bank, urged India to reduce its reliance on foreign capital and cultivate a robust domestic pool of long-term risk capital for true self-reliance. He emphasized that companies should prioritize building businesses with a three-to-five-year vision over short-term stock price fluctuations, advocating for stronger domestic private equity and venture capital ecosystems.

India's economy has faced significant challenges from global oil price surges over the past fifty years. From the 1973 Arab embargo to the recent Hormuz disruption, these shocks have impacted inflation and foreign exchange reserves. Policymakers have continuously adapted strategies to manage these crises, balancing economic stability with consumer needs.

A decades-old investigation into drug lord Iqbal Memon alias Mirchi's assets has unearthed a complex web of transactions. The Enforcement Directorate is probing the illegal takeover and sale of prime Mumbai real estate, leading to arrests of associates and businessmen. Documents revealed Mirchi's transnational operations and family disputes that may have led to the leak of sensitive information.

President Donald Trump last week halted a planned executive order. This order would have required government safety checks for advanced artificial intelligence models. Major tech companies like Google and Microsoft were to be affected. Trump cited a desire to maintain America's lead over China as the reason for the cancellation. The decision came after his state visit to China.

A Bhopal queen's generous donation funded the Shah Jahan Mosque in Woking, England, becoming the UK's first purpose-built mosque. This historical sanctuary, a bridge between empires, was saved from demolition by a legal battle, ensuring a visionary Indian ruler's legacy endures.

Stocks of several Adani Group firms, including Adani Enterprises, Adani Green, Adani Power, Adani Ports, Adani Energy and Adani Total Gas, rose by as much as 3.5% after the case was effectively closed the securities and wire alleged fraud case in New York.

S&P Global has said that the country has adequate financial buffers to manage a wider current account deficit that could emerge because of rising crude oil prices. India’s current account deficit has narrowed over the past few years, although fluctuations in global crude prices now pose a risk to that improvement.

They are today the drivers of the country’s services exports and GDP growth; they are doing cutting-edge tech work; India needs a GCC policy to make them catalyse our educational and research institutions, and our deeptech startup ecosystem

Selling abates, foreign funds in no rush to buy: Goldman Sachs