MIT takes big bite of Burger King India’s Rs 500-crore QIP
Among the world’s top universities, MIT was the single largest investor in the QIP of the quick service restaurant chain. The Cambridge, US-based private research university invested ₹92 crore in the issue as a foreign portfolio investor.
Pressure on rupee likely to ease in first half of FY26
Although some experts expect the rupee to be in the 87.50/$1 to 85.75/$1 range by December 2025, most economists are hesitant to put out a level due to tariff-related uncertainties.
Home funds prop up D-Street in face of sustained selling by foreign players
The Nifty 50 index managed to close FY2025 with a 5.3% gain, while the Nifty Midcap 150 and Smallcap 250 rose 5.73% and 2.32%, respectively. Foreign portfolio investors (FPIs) offloaded shares worth Rs 1.25 lakh crore during the year.
After steep fall in FY25, bond yields may decline further
The 10-year benchmark yield closed at 6.57% on Friday, the last trading day of FY25. Over this financial year, the 10-year yield softened 47 basis points, its steepest retreat in five years, according to LSEG data.