Bitcoin gains as Iran war driven volatility hits oil and stocks
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.
RBI aligns capital rules of banks with global norms
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 […]
Valuations moderate after market fall, but India’s premium limits FII comeback
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.