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India could come back into focus as AI spending growth moderates: Allspring
Prashant Paroda, Portfolio Manager-Emerging Markets at Allspring Global Investments explains why the fund has selectively added infrastructure stocks in India, maintained its exposure to financials, and is staying cautious on IT services until earnings visibility and management commentary improve.
India sweetens the deal for global electronics manufacturers
India is expanding electronics manufacturing by offering customs duty concessions on machinery. These incentives aim to attract investment in critical components and advanced equipment. The government seeks to deepen the domestic electronics ecosystem beyond final product assembly. This policy supports the growth of India's electronics production and export capabilities. New Delhi is positioning India as a comprehensive electronics manufacturing hub.
Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopening
Global oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United States and Iran threaten future oil surplus forecasts. The International Energy Agency sees potential disruption to its 2027 surplus projection. Refined product markets remain tight due to refinery issues and Ukrainian attacks. Global oil demand is recovering, but overall supply forecasts depend on lasting peace.
E20 costs more at current crude prices, but saves forex, boosts farmers' income, reduce oil dependence: Govt
Ethanol blending shields Indian consumers from volatile global oil prices. This program reduces dependence on imported crude oil significantly. It also strengthens the country's long-term energy security and foreign exchange reserves. The initiative has already saved over one lakh ninety-seven thousand crore rupees. Continued blending promises greater fuel price stability and farmer income.
Nigerian Stocks Vault Past Korea's Kospi To Claim World's Top Returns
The benchmark index in Africa's largest oil producer has returned 68% in dollar terms this year, outpacing the 66% gain for the Kospi index, according to data from the 92 global stock exchanges tracked by Bloomberg.
Bloomberg launches global trade in Indian bonds - Business Today
Bloomberg launches global trade in Indian bondsBusiness Today
Cupid shares jump 6%, stock skyrockets 900% in one year. Should you buy now?
Cupid shares extended their rally after the company reaffirmed strong growth momentum, guided for Q1FY27 revenue of over Rs 150 crore and raised its full-year revenue outlook. Supported by expanding global opportunities and improving business visibility, the multibagger stock has delivered exceptional returns over the past few years.
Which countries use E20 or higher ethanol blends? A global guide
Countries using E20 fuel: India has achieved its nationwide E20 ethanol blending target ahead of schedule. This transition significantly reduces import dependence and strengthens national energy security. Domestic ethanol production capacity has expanded substantially to meet fuel demand. While new vehicles are E20 compatible, older ones remain on the road. India now joins global leaders like Brazil in adopting renewable fuel standards.
JBM Electric Vehicles launches next-gen GALAXY' electric luxury coach
JBM Electric Vehicles (JBM EV) launched the next generation 'GALAXY' electric luxury coach at Prawaas 5.0 yesterday. JBM EV is part of JBM Auto, the flagship company of the $3.3 bn global Indian conglomerate, JBM Group.
India Chemical Diaries | Ep.1: Rajen Mariwala’s blueprint for building an aroma-chemicals global business
Federal Bank gains after S&P assigns first international investment-grade issuer rating
Federal Bank rose 1.11% to Rs 331.40 after the private sector lender announced that S&P Global Ratings has assigned it its first international investment-grade issuer credit rating.
India continues to emerge as preferred destination for Global Capability Centres, says FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said India continues to emerge as a preferred destination for Global Capability Centres (GCCs) because of its skilled and strong institutions and innovation ecosystem. Addressing the CII National GCC Business Summit in New Delhi, the Finance Minister said, the country hosts more than 2100 GCCs employing 23 lakh professionals directly and generating nearly 100 billion US dollars in annual revenue. She said Global Capability Centres represent transformation by bringing together engineering, research, artificial intelligence, cybersecurity, finance, product design, and data science to drive continuous innovation. Ms Sitharaman said, MNCs are now more likely to build their next capability centres in India than anywhere else. She highlighted that Indias GCC ecosystem represents the worlds largest organised knowledge export. The Finance Minister said, Indian GCCs are assuming a growing share of global leadership mandates and strategic decision-making