Oil prices fell Wednesday following a report of the International Energy Agency’s proposed largest-ever release of oil reserves. This news, coupled with market volatility from mixed signals regarding the Iran conflict and a deleted US Navy escort claim, impacted energy and equity markets. Bond traders also adjusted positions amid inflation worries.Read More

The Reserve Bank of India has updated bank capital rules, aligning them with global standards and clarifying how lenders assess trading partner default risk. New guidelines require banks to include trading-partner exposures from all consolidated entities. Updated ‘add-on’ percentages for off-balance-sheet trades like derivatives are now in effect, impacting capital requirements for clearing members on...Read More

The Reserve Bank of India has revised dividend payout norms for banks, linking them to Common Equity Tier 1 (CET1) ratios instead of CRAR and NPAs. The new guidelines, effective April 1, 2027, offer greater flexibility to well-capitalized banks, with payouts ranging from 0% to 100% of adjusted profit after tax, subject to a cap.Read More

Global aluminium prices have surged due to plant shutdowns in Qatar and Bahrain and Strait of Hormuz disruptions, boosting Indian producers like Nalco, Hindalco, and Vedanta. These supply issues are expected to widen the global aluminium deficit, potentially driving prices higher through the first half of FY27.Read More

Bitcoin surged past $71,000 for the first time in four days, climbing as much as 3.1% to $71,775. This rally, alongside equities, followed easing concerns over the Iran conflict after US President Donald Trump’s comments. Other cryptocurrencies, including Ether, also experienced gains.Read More

Indian stock markets have seen valuations ease after a recent sell-off. However, key indices still trade at a premium compared to emerging market peers. This valuation gap, coupled with investor caution, is impacting foreign fund inflows. India’s equity market performance has been among the weakest globally this year. Investors remain watchful of geopolitical events.Read More

In a dramatic shift for IndiGo, CEO Pieter Elbers has stepped down following a significant operational failure that led to the cancellation of over 5,000 flights last December, stranding numerous travelers. The situation prompted government intervention to restore order in the airline’s operations.Read More

GST cases: Smruti Waghdhare, proprietor of M/s Platinum International, had challenged seizure orders dated June 27 and June 28, 2023 issued in Form GST INS-02.Read More

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.Read More

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.Read More