Japanese auto stocks surged, leading the Nikkei to a one-year high after a U.S. trade deal reduced import levies to 15%. Toyota soared 14%. Trade clarity bolstered expectations for Bank of Japan rate hikes, pushing JGB yields to levels unseen since 2008.
Arohan Financial plans to file for IPO within a month
Microfinance firm Arohan Financial Services is preparing to file for a ₹1,400-crore IPO within a month, aiming for a ₹600 crore primary issue and ₹800