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India’s pension fund regulator has permitted 1% of the ₹17 lakh crore assets under management to be invested in alternative investment funds. This move aims to channel domestic institutional money into private equity and venture capital, addressing a long-standing gap in the alternatives ecosystem.
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Argentina’s President Milei assured investors in New York that the nation’s economic revival is on track, despite global market jitters. He highlighted a shift to energy exports and promised a surge in dollar reserves. Milei emphasized U.S. backing and new trade agreements, aiming to attract investment amidst geopolitical tensions and a flight to safety.
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Indian equity markets rebounded as easing geopolitical concerns after comments from Donald Trump lifted investor sentiment. The Sensex rose 640 points and Nifty closed above 24,260, with analysts expecting cautious trading as investors watch developments in the Middle East conflict.
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Oil prices ​plummeted by more than $10 a barrel on Tuesday after soaring to an almost four-year high in the previous session after U.S. President Donald Trump predicted the war in the Middle East could end soon, lowering expectations of prolonged disruptions to oil supply.
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Deutsche Bank upgraded ​the U.S. ​and European technology sector ​to “neutral” from “underweight” on Tuesday and turned “overweight” on software, saying the months-long rout sparked ‌by ⁠fears ⁠of AI-driven disruption has likely ​run its course.
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