On Wednesday, oil prices held steady as investors keep a close eye on the diplomatic discussions unfolding between the U.S. and Iran. The backdrop of geopolitical strife continues to lend support to prices. In addition, traders are eager for the upcoming U.S.Read More

The Japanese yen soared on Wednesday, propelled by a vibrant uptick in Japan’s stock market and the anticipation of prudent financial strategies from Prime Minister Sanae Takaichi. On the flip side, the US dollar wobbled amid market uncertainty, with traders keeping a close eye on the approaching non-farm payroll report.Read More

Indian banks are slowing hiring due to automation, AI, and digital tools reducing the need for large staff increases. HDFC Bank added 5,000 employees in December 2025, reaching 2,15,000, while Axis Bank and Kotak Mahindra Bank saw declines in headcount.Read More

India Debt Resolution Co (IDRCL), the managing arm of NARCL, secured a ₹691 crore arbitration award from Bombay High Court-appointed arbitrator Justice JP Devadhar. This is nearly six times the ₹117 crore IDRCL paid to acquire Sion Panvel Tollways’ (SPTPL) debt in 2024, marking one of the first recoveries for the government-backed bad bank since...Read More

Piramal Finance secured $400 million through an external commercial borrowing (ECB) package from a consortium including Deutsche Bank, SMBC, Axis Bank, DBS, and Far Eastern International Bank. The 42-month facility will see about half the principal repaid as a bullet at maturity, priced at SOFR +175 bps.Read More

India’s tax department is intensifying scrutiny of foreign investment firms. Following a Supreme Court decision, notices have been issued to several overseas venture capital and private equity houses. The tax office is seeking detailed information about their operations in Mauritius and Singapore.Read More

Mutual fund investors significantly increased allocations to precious metals in January, with gold and silver ETFs attracting over ₹33,500 crore, surpassing equity fund inflows for the first time. This surge reflects performance-chasing behavior as gold and silver delivered substantial returns over the past year.Read More

European multinationals are increasingly exploring listing their Indian subsidiaries in Mumbai, driven by the vibrant domestic fundraising market and the prospect of an EU-India trade agreement. Companies in auto components, speciality chemicals, and clean energy are preparing for IPOs, signaling growing confidence in India’s regulatory framework and investor base.Read More

Securities and Exchange Board of India (Sebi) mandates credit rating agencies (CRAs) to maintain additional net worth for rating instruments under other financial sector regulators. This move follows industry representations to allow rating of unlisted securities and other financial products, potentially creating synergies and addressing market gaps.Read More

The government is offloading up to 5% of its stake in BHEL through an Offer for Sale, starting with 3% and an option for an additional 2%. Bids open Wednesday for institutional investors and Thursday for retail, with a floor price set at ₹254 per share. This move aims to reduce government holding and boost...Read More