Capital market stocks surged Wednesday as the RBI delayed new lender exposure rules by three months. Originally set for April 1, these norms would have increased costs for brokers and reduced leverage for proprietary traders. The deferment offers temporary relief, with industry associations expected to engage the regulator on reassessing the provisions.
Berkshire Hathaway CEO Greg Abel sees AI, power demand as new engines of growth
Berkshire Hathaway sees AI opportunities beyond technology stocks. The company is investing in Alphabet, a significant player in artificial intelligence. Berkshire Hathaway Energy could benefit