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Wall Street Week Ahead: Nvidia, retailer reports to shed light on AI boom, consumer spending
Stock markets are reaching new highs. Investors are watching for Nvidia’s earnings report this week. This will show the strength of the artificial intelligence boom.
Mayday: Rupee breaches 96 wall, pulls back after RBI intervention
The Indian rupee faces historic challenges, having plummeted to unprecedented levels against the US dollar. The surge in crude oil prices is a key factor
Fuel hike not enough to offset all losses, oil stocks fall further
In an unexpected turn, shares of oil companies fell even with a recent fuel price boost. This adjustment couldn’t compensate for the rising crude oil
Nabard pulls out bond issuance on weak demand
In a surprising turn of events, Nabard has pulled the plug on its scheduled bond sale this Friday, citing a lackluster response from investors. The
Sebi eases onboarding norms for foreign portfolio investors
The Securities and Exchange Board of India has simplified rules for foreign investors. This eases the process of obtaining PAN cards for overseas portfolio investors.
InvITs can eaise extra debt to fund capex, repairs
In a significant regulatory shift, India’s Securities and Exchange Board of India (Sebi) has unveiled new guidelines for Infrastructure Investment Trusts, or InvITs. These entities