The Bank of Japan’s upcoming meeting is poised for yen volatility as investors anticipate the timing of the next rate hike, further complicated by an impending election. Despite a recent rate increase to 0.75%, the yen remains under pressure.Read More
A Supreme Court ruling impacts foreign investors in India. Investors can no longer use only a Tax Residency Certificate for tax benefits. Tax authorities will now examine the business substance of overseas investment structures. This affects private equity and other foreign portfolio investors, particularly those using Mauritius and Singapore.Read More
December quarter results show mid-single digit net profit growth, primarily due to weak IT sector performance. Banking and finance companies, however, posted double-digit profit growth, supporting overall numbers. IT firms faced a profit decline, impacted by delayed client decisions and a shift towards AI projects.Read More
An equity derivatives gauge is flashing caution as foreign selling and tariff uncertainty deter traders from chasing upside. The Nifty Put-Call Ratio (PCR) has fallen to 0.65, indicating a rapid unwinding of put positions and fresh call writing, suggesting negative sentiment among options traders.Read More
Reliance Industries’ consolidated EBITDA margin reached a seven-quarter high, driven by a strong oil-to-chemicals division and RJio’s robust telecom performance. This growth partially offset weakness in the retail segment due to festive season shifts and GST rate changes. The company is also investing in a battery manufacturing facility and renewable power generation.Read More
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