Overseas capital in Indian equities has shifted structurally, with US and European investors now dominating over traditional tax havens like Mauritius. Tighter tax norms and regulatory disclosures, including the principal purpose test and beneficial ownership rules, have reduced the appeal of Mauritius, leading to significant withdrawals from Indian equities in 2025.Read More
Wall Street’s main indexes fell at the open on Wednesday as investors digested earnings from Bank of America and Citigroup, while retail sales and producer price data did little to alter expectations for interest-rate cuts later this year.Read More
Copper prices hit a record on Wednesday on persistent demand from speculative funds, but some investors were wary that the high prices would deter buying by industrial users.Read More
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