Why the government’s latest Press Note 3 changes matter for FDI flows
India’s updated Press Note 3 framework aims to ease foreign investment restrictions from land-border countries by clarifying beneficial ownership rules and introducing faster approvals for strategic sectors. The changes seek to balance national security with investment growth, potentially reviving FDI flows through global funds while supporting startups, manufacturing expansion and technology transfer.
Bitcoin rebounds toward $72K as US Treasury comments ease oil inflation concerns
Bitcoin surged towards $72,000 after U.S. Treasury Secretary Scott Bessent addressed market concerns. Cryptocurrencies like Bitcoin and Ethereum saw significant gains. Major altcoins also experienced strong upward movement. This rally added billions to the crypto market cap. Investors are watching upcoming Federal Reserve meetings and economic data for further direction. The market sentiment is improving […]
Jefferies adds Groww, State Bank of India, 5 others to 23 buy ideas. Here’s the full list
Jefferies has updated its analyst top ideas, adding seven new stock recommendations across various sectors. These picks include State Bank of India, Groww, Star Health & Allied Insurance, Bharat Forge, JSW Steel, Eternal, and Max Healthcare, with significant upside potential highlighted for each.
Explained: Why traders aren’t holding on to gold since Middle East war despite safe haven appeal
Despite the Middle East war and rising geopolitical tensions, gold prices have fallen, defying their safe-haven appeal. This counterintuitive trend is attributed to a broad risk-off sentiment, a strong US dollar, and profit-booking after earlier rallies. Experts suggest this is a short-term adjustment, with long-term fundamentals still supporting precious metals.
Friday the 13th haunts Nifty bulls again! What’s the link between market crash and paraskevidekatriaphobia?
Friday the 13th, a date often associated with superstition, saw Indian markets open sharply lower, with the Sensex and Nifty experiencing significant drops. This decline is attributed to geopolitical tensions between Iran and the US-Israel and rising crude oil prices, rattling investor sentiment and pushing the market towards its biggest weekly drop in over a […]
Jio IPO delay makes Jefferies cut RIL target price but says O2C benefiting amid disruption
Jefferies has cut Reliance Industries’ (RIL) target price to Rs 1,750, citing a delayed Jio tariff hike and likely Jio IPO postponement. However, the brokerage highlights gains for the oil-to-chemicals (O2C) business amid Middle East supply disruptions, which boost refining and petrochemical margins, offsetting near-term digital segment drag.
Global Market: Strait of Hormuz standoff may keep oil volatile, cautions Seth R Freeman
Global energy markets face fresh uncertainty as Iran signals potential closure of the Strait of Hormuz. This critical chokepoint, through which a fifth of global oil flows, is raising fears of supply disruptions. Experts highlight Iran’s strategic leverage and the worldwide impact of high oil prices. The situation’s complexity and logistical challenges suggest a prolonged […]
Rupee hits record intra-day low in early trade, falls 12 paise to 92.37 against US dollar
The Indian rupee hit a new all-time low against the dollar on Friday, driven by concerns over sustained high oil prices and the ongoing Middle East conflict. Despite a significant decline since the Iran war began, the rupee has shown resilience compared to other emerging markets due to interventions by the Reserve Bank of India.
ETMarkets Smart Talk | Crude at $100 could shave up to 1% off India’s GDP growth, cautions Garima Kapoor
India faces economic challenges from rising geopolitical tensions and high crude oil prices. Experts warn of potential GDP growth reduction and inflation spikes. Investors are advised to recalibrate portfolios defensively. While risks are present, historical data suggests markets can recover post-conflict. The nation’s economic stability faces a test, but a strong starting position offers some […]
Stove Kraft, TTK Prestige shares jump another 5% as LPG supply squeeze amid West Asia war lifts induction cooktop sales
Shares of appliance makers Stove Kraft, TTK Prestige and others soared up to 5% as West Asia tensions disrupt cooking gas supplies. India, a major LPG importer, faces shortages. Restaurants are switching to simpler menus. Demand for induction cooktops has surged significantly. This situation impacts gas prices and availability across the country. Railway food centers […]