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The flood of foreign money into Indias financial sector this year, over $7 billion and counting, is more than a capital infusion. Its starting to look like the early rumblings of a structural reset in Indian banking.
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News and Media
Jain Resource Recycling shares jumped 9% to a 52-week high of Rs 401.30, extending a five-day rally after Q2 FY26 net profit soared 88% to Rs 98.6 crore and revenue rose 52% to Rs 2,113.7 crore.
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News and Media
New U.S. sanctions on Russian oil giants are impacting global energy markets, with India facing supply challenges. Analyst Geoff Dennis sees potential for easing U.S.-China trade tensions following a meeting between Trump and Xi, favoring equities, particularly in emerging markets like India, despite recent underperformance.
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News and Media
Today, voters in Ireland go to the polls to elect a new president, with independent candidate Catherine Connolly leading the charge. Her competitor, Heather Humphreys from the Fine Gael party, is keen to leverage her extensive governmental background. While the presidential role is symbolic, Connolly has garnered substantial backing from left-leaning factions, presenting a spirited challenge.
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News and Media
The United States faces challenges in its sanctions against Russia. While aiming to cut Russia's oil revenue, a key lifeline, the US continues to source materials like fertilizers and nuclear components. Experts believe a comprehensive, joint effort might succeed this time. Both Russia and Ukraine need an exit from the conflict. The situation is impacting the global economy.
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News and Media
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