Tax relief unlikely to boost foreign bond inflows, says SBI Funds
SBI Funds expects muted foreign flows into Indian bonds despite tax removal, citing global yields, RBI pause, and rupee expectations.
Business
SEBI sees resilient India economy supporting markets despite global headwinds
SEBI's annual report says India's strong domestic fundamentals will support markets in 2026-27, but global risks remain elevated.
Unclaimed mutual fund dividends climb 15.7% to Rs 2,689 crore in FY26
Unclaimed mutual fund dividends rose 15.7% to Rs 2,689 crore in FY26, while redemption proceeds dipped slightly, per SEBI's annual report.
India's clean-energy push could deepen reliance on imported critical minerals
India's clean-energy shift may create fresh import vulnerabilities, with full dependence on 15 of 23 critical minerals, per a CII-EY report.
Inflation and retail sales data to steer Wall Street this week
US inflation and retail sales reports due this week will shape investor expectations and Fed rate path.
US Tariff Threat on Russian Oil Could Hit India's Economy, Warns CareEdge
CareEdge warns that US tariffs on Russian oil could push crude above $100, doubling India's current account deficit and stoking inflation.
US Russia Sanctions Bill Raises Stakes for India Trade Talks, Says Economist
A US Senate bill targeting buyers of Russian crude makes an India-US trade deal more critical and could raise India's import bill if supplies are disrupted.
India's gas demand rebounds to pre-disruption levels, but global LNG competition intensifies
India's gas demand recovered in June, driven by LNG imports, but rising global competition and high spot prices pose risks.
Bihar's GI-Tagged Mithila Makhana Sets Sail for Australia in Historic First
Bihar's GI-tagged Mithila Makhana has been exported to Australia by sea for the first time, an 18-tonne shipment that gives Darbhanga farmers nearly 18% higher returns.
BHP Port Hedland braces for two-day strike as workers demand new pay deal
Union workers at BHP's Port Hedland operations begin a two-day strike over pay, the first major action at the hub in over two decades.
Delaware court directs Verisk to revive $2.35 billion AccuLynx acquisition
A Delaware judge has ordered Verisk to proceed with its $2.35 billion acquisition of AccuLynx, ruling the company's termination of the deal was invalid.
Nvidia to invest up to $3 billion in Stargate data center developer Lancium
Nvidia will invest up to $3 billion in Lancium, the developer behind the Stargate data center campus in Texas, with an initial $2 billion for a 20% stake.
AI Financial sells Canadian arm to Prime Delta after Perpetuals deal collapses
AI Financial Corp has sold its Canadian unit to Prime Delta weeks after a previous buyer backed out.
UPI stays free for users, small merchants shielded from MDR: Payments Council
Payments Council of India says UPI remains free for consumers and small merchants, clarifying merchant charges are commercial arrangements.
US Gas Futures Edge Up as LNG Feedgas Hits Four-Week High
US natgas futures rose 1.7% on higher LNG feedgas flows, but the front-month contract remains on track for a seventh straight weekly decline.
Unipol plans over 30% stake in merged BPER-MPS banking entity
Unipol CEO says insurer aims for a >30% stake in the future BPER-MPS banking group, with plans to increase it over time.
Private credit funds see redemption pressure ease but results weaken
Apollo's private credit fund sees redemptions halve, while BCP and MSDL report weaker results and Ares scales back a fund.
Global stocks, bonds rally as weak US jobs report cools rate-hike bets
Weak US jobs data eased rate-hike fears, boosting global stocks and bonds, while the yen strengthened and oil slipped.
Dollar slides against yen, euro after surprise US job losses
US payrolls unexpectedly fell in July, sending the dollar lower against the yen and euro and shifting Fed rate expectations.
Titan Says Middle East Conflict Hits Damas Jewellery Footfall and Ticket Sizes
Titan reports June jewellery demand recovery, but Middle East conflict reduces Damas footfall and ticket sizes. Gold exchange normalizes after Modi appeal.