The Supreme Court’s decision to overturn JSW Steel’s acquisition of Bhushan Power & Steel has shaken India’s insolvency resolution framework. This ruling raises concerns about the finality of IBC deals, potentially deterring global financial investors from the distressed asset market due to increased legal uncertainty.
US Stock Market: Goldman Sachs raises S&P 500 target to 8,000 on AI-driven earnings optimism
Goldman Sachs has boosted its S&P 500 target for 2026 to 8,000. This optimistic outlook is driven by strong corporate earnings and continued investment in