Pernod Ricard’s new Xclamat!on spirits launch is set to intensify competition in India’s premium alcohol market, says Karan Taurani, Executive Vice-President at Elara Securities. While innovation boosts premiumisation, Radico Khaitan remains the top stock pick. The India-UK FTA could further accelerate luxury spirit demand and improve margins across the alcobev sector.Read More
Markets are bracing for volatility ahead of the Bank of Japan’s policy decision, as a potential unwind of the yen carry trade could trigger foreign selling, pressure emerging markets and test Indian equities, though strong domestic participation may limit deeper downside risks.Read More
The Indian rupee saw a slight gain on Thursday, recovering from a record low after the Reserve Bank of India’s market intervention. Traders noted increased dollar sales and reduced speculative bets against the rupee. Analysts at HSBC recommend selling USD/INR, forecasting the rupee to reach 88 against the dollar by March 2026.Read More
Japan’s Sumitomo Realty and Development is making a unique foray into India’s real estate market, focusing solely on Mumbai. Instead of selling properties, the developer plans to manage and rent out apartments in its upcoming “super-high-rise” projects. This strategy aims to capitalize on Mumbai’s rising rents and its perceived stability, differentiating Sumitomo from other international players.Read More
European shares were muted on Thursday as investors adopted a largely cautious stance ahead of a series of central bank announcements across the region and crucial U.S. inflation data.Read More
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