India’s benchmark long-term government bond yields rose sharply in early trade on Thursday, extending losses from the previous session, as concerns over upcoming debt supply and global yield movements weighed on sentiment. The benchmark 10-year bond yield climbed to a two-week high of 7.24%, up from 7.19% on Wednesday, as traders braced for a fresh…
Crude oil prices could fall below $60 per barrel by December 2025, driven by sluggish global demand growth, ample non-OPEC supply, and potential easing of geopolitical tensions, according to the latest outlook released by S&P Global Commodity Insights. However, India is expected to remain a bright spot with continued robust oil consumption as its economic…
India is set to transform its chemicals sector into a $1 trillion global powerhouse by 2040, according to a detailed vision blueprint released by NITI Aayog this week. The strategic plan seeks to capitalise on the country’s natural advantages, robust domestic demand, and global supply chain realignment to position India among the top three chemical…
India is poised to emerge as a major beneficiary of ongoing global tariff-led trade realignments, according to a recent assessment by Moody’s Investors Service. The global credit rating agency highlighted that India’s competitive manufacturing landscape, proactive trade diplomacy, and reforms in ease of doing business place it favourably amid shifting supply chains and trade diversion…
India’s services sector witnessed a sharp acceleration in growth during June, with the Purchasing Managers’ Index (PMI) climbing to its highest level since August 2024, driven by strong domestic orders and sustained export demand, reinforcing optimism about the country’s economic resilience amid global headwinds. Services PMI Overview The HSBC India Services PMI, compiled by S&P…
Yes Bank shares recovered sharply from intraday lows after the private lender released its Q1FY26 business update, which highlighted robust growth in deposits and advances, alleviating market concerns over its credit growth trajectory and asset quality trends. Market Reaction Yes Bank opened weak on Thursday, falling nearly 3.8% to an intraday low of ₹17.85 per…
Vedanta Limited, the diversified natural resources conglomerate, continues to remain a hot topic among Indian investors due to its attractive dividend yields juxtaposed against stagnant capital returns. While the company has consistently rewarded shareholders through hefty payouts, many are left wondering whether it remains a wealth creator or a classic dividend trap. Vedanta: A Quick…
In a major philanthropic initiative reaffirming its commitment to social development, Infosys Foundation has pledged a grant of over ₹48 crore to significantly improve maternal and child healthcare infrastructure in rural Karnataka. The Foundation, led by Chairperson Sudha Murty until her recent retirement and currently under new leadership, continues to focus on critical grassroots health…
As the clock ticks down to former US President Donald Trump’s threatened tariff reimposition deadline, Indian policymakers are urgently examining proposals to finalise a workable India-US trade deal that protects India’s food safety standards while addressing American exporters’ concerns. Sources indicate that India is considering a “GM-free self-certification mechanism” for food imports from the United…
In a significant boost to India’s clean energy and grid stability infrastructure, International Finance Corporation (IFC), the private sector arm of the World Bank Group, has committed an investment of Rs 460 crore ($55 million) to IndiGrid for developing the country’s largest battery energy storage system (BESS). The investment marks IFC’s growing focus on energy…
