LOCAL MARKETS IN INDIA
How investors in India can compare forex investing spreads, execution, spreads, and hidden fees
An easy guide on understanding real investing costs, fund transfers, and platform performance across international investing brokers.
Rupee touches strongest since April as foreign inflows offset firm dollar
On Wednesday, the Indian rupee surged to its healthiest value since April, closing at 93.69 against the dollar. This upswing was driven by a remarkable influx of foreign investments in local stocks, totaling nearly $6 billion in November. Even in light of a stronger dollar amid US inflation signals, the rupee stood firm. There's a notable optimistic shift in market sentiment, now eager for India's inflation data anticipated for October.
Arunachal Pradesh inaugurates geothermal-powered drying unit to boost farmers' incomes
Arunachal Pradesh Science and Technology Minister Dasanglu Pul inaugurated a geothermal-powered drying unit in Dirang, West Kameng district, to promote renewable energy, reduce post-harvest losses and improve farmers' incomes. Developed with support from India, Norway and Iceland, the facility will use natural geothermal heat to preserve local agricultural and livestock products. Pul also urged the Centre to expedite the Seismic Microzonation Project to strengthen earthquake preparedness in the state.
India’s rich pivot to real estate after stock returns falter
Investors in India are increasing their allocations towards high-yielding assets in real estate and logistics. Recent data shows a significant rise in investments through Alternative Investment Funds, nearly doubling in recent years. Family offices are now directing larger portions of their portfolios toward private credit and infrastructure while moving away from traditional investments. Specialized funds are attracting wealthy investors who want exposure to completed assets.
India garment makers rethink reliance on US after tariff shock
Many Indian companies are reconfiguring their export destinations, and their exposure to the US, in light of the tariff shock, in a move that is likely to strengthen New Delhi's hand in its trade negotiations with Washington, and potentially reduce India's vulnerability to US pressure over time.
Local partner wanted for Xiaomi ‘home’ coming
The proposal is in the exploratory phase, but the Chinese technology company is set to begin evaluating potential Indian suppliers, according to one of the persons who did not wish to be identified. “It marks a natural progression for Xiaomi as it has committed to expanding beyond air purifiers into categories such as air conditioners, refrigerators and washing machines,” the person said.
- Go To Page 1
Electronics Inc runs ops update to build AI infra
India’s electronics manufacturers are moving into AI data centre infrastructure, targeting optical transceivers, advanced packaging and specialised cooling systems. Dixon Technologies, Samsung, LG, Blue Star and PG Electroplast are exploring production opportunities as global demand rises. The shift could attract investment, improve margins and strengthen India’s position as an export hub.
Huang in suspense, chips may crack
Huang is a hands-on boss at Nvidia. Although he owns a small amount of the company's stock, replacing him will be difficult. In the new political dispensation, Washington may be forced to take a harder look at its export control regime and make it more watertight. 'Jensanity' offers a good trigger.
One year of Delhi Red Fort blast: Victims struggle to cope with trauma, traders recall the horrific day
One year ago, a devastating blast outside the Red Fort in Delhi resulted in numerous casualties and injuries. Families continue to mourn the loss of loved ones, struggling with emotional and financial difficulties. Survivors like Ankur face life-altering consequences from the incident, impacting their everyday lives. Local traders have reported decreased business and ongoing fears related to security after the blast.
Rupee among Asia's top performing currencies as AI trade cools
The Indian rupee has gained considerable strength in FY27, aided by increased foreign portfolio investor inflows. A notable decline in crude oil prices has also positively impacted the rupee's performance. Experts believe the Reserve Bank of India will manage the currency's appreciation to rebuild its foreign exchange reserves. Recent interventions in the currency market have capped further gains in the rupee.
Growing demand, demographics, digital agenda & energy security are long-term and secular tailwinds for India: Macquarie’s Ed Northam
Head of green Investments for the Australia’s largest asset manager said the firm is looking to reboot its India operations. While renewables will remain the biggest focus, industrial energy transition and E-mobility will be other key areas, he said. Since 2005, Green Investments group has deployed over $21 billion across 94 investments worldwide.
India bonds continue rally ahead of inflation data
Indian government bond yields extended their rally on Monday, with the benchmark 10-year yield falling nearly 4 basis points as easing crude oil prices and hopes of a US-Iran peace deal improved sentiment. Investors are now watching US and Indian inflation data for cues on the outlook for interest rates.
Indian rupee breaks six-day winning streak on state banks' dollar bids
The Indian rupee snapped its six-session winning streak on Monday, November 9, as dollar purchases by state-run banks outweighed positive momentum. The currency touched a six-month high of 93.69 per dollar before closing slightly lower at 93.9275. Lower crude oil prices and foreign equity inflows provided some support.
Indian bonds drift with oil; inflation data in focus
Indian government bonds exhibited limited movement today as oil prices showed signs of stabilization. Investors are remaining cautious, especially with inflation data from both the United States and India on the horizon. Scheduled for later today is a bond auction totaling 290.5 billion rupees. Analysts predict yields on the 10-year bond could oscillate between 7.30% and 7.10%, with particular attention on India's October inflation report due for release this Thursday.
HSBC, Citi turn bullish as Indian stocks draw record inflows
Global banks are turning more positive on Indian stocks, indicating potential for continued growth and record foreign inflows. Recent data shows that India’s benchmark index surged nearly 8% this month, marking its best performance since mid-2022. As foreign investors shift back to Indian equities, analysts expect significant inflows and improved earnings growth in the coming fiscal years. Falling oil prices are also projected to support corporate profits and economic stability.
Diwali Patakha from China: The world's fireworks capital is reinventing its centuries-old industry
Liuyang in China's Hunan province is a significant hub for global fireworks production. The county supplies around 60% of the domestic fireworks market and 70% of exports. This industry has evolved to incorporate advanced technology, like digital ignition and AI. Although safety measures have improved since past catastrophic incidents, risks still exist.
The great Indian biscuit battle begins: Can Reliance crack the code?
Reliance Consumer Products Ltd is set to foray into India's competitive biscuit market, with an aim to leverage affordable pricing and a wide variety of products to attract consumers. Industry leaders Britannia and Parle dominate the market, making it challenging for new entrants like Reliance's Independence.
D-Street just 5% away from highs with a 10% bounce from lows
The rupee has shown a significant recovery, closing at 93.90 this week, its best level since April. Recent drops in oil prices have alleviated inflation concerns and supported the local currency. Simultaneously, foreign portfolio investors have made substantial net purchases in Indian equities, contributing to market stability. Indian equity indices have also rallied over 10% from recent lows, showing strong earnings.
Netflix India's FY26 net up 6% at Rs 90 crore
Netflix India reported a 6% year-on-year rise in net profit to Rs 90 crore in FY26. Total income increased by 17% to Rs 4,477 crore, primarily through subscriber growth. Expenditure also rose by 17%, impacting profit margins and performance. Meanwhile, Los Gatos Production Services India experienced a decline in net profit, indicating challenges in the content production sector.
Rupee finally bounces back, closes at 93.90 on Friday, after hitting nearly 97/$ in May and Oct
The rupee emerged as Asia's best-performing currency this week, strengthening to 93.90 against the dollar. Falling crude oil prices, nearly $4 billion in foreign equity inflows, short covering and improved investor sentiment supported its recovery.
IFC extends $150 million credit line to SBI in first investment in an Indian state-owned bank
The International Finance Corporation has extended a $150 million social loan to State Bank of India to support agricultural financing for around 864,000 rural women. The IFC has also executed its first domestic cross-currency swap with an Indian bank, making SBI its first local swap counterparty in South Asia.
IndusInd Bank customers can now send money abroad in 123 currencies through J.P. Morgan tie-up
IndusInd Bank has teamed up with J.P. Morgan Payments to elevate their outward remittance capabilities. This partnership enables customers to transfer money globally in 123 currencies with local-currency settlements. By integrating the Xpedite solution, the bank aims to simplify international transactions and plans to enhance online and mobile banking offerings for a more user-friendly experience.
Coldplay, Post Malone and the concert economy: BookMyShow's Naman Pugalia on why India's live music boom is only getting bigger
Post Malone's concert in Guwahati attracted around 20,000 fans, which proved to be a monumental economic boost, generating an estimated ₹43 crore for the local area. Fans traveled from more than 200 cities, reflecting the event's significant impact on tourism. A report shows people increasingly favor experiences over possessions, underlining how concerts can create memorable moments and facilitate the discovery of new musical talents.
JP Morgan to add Philippines and Saudi Arabia to key EM bond index over 10 months
JP Morgan has announced plans to include Saudi Arabia and the Philippines in its emerging market debt index starting in 2027. The Saudi riyal-denominated sukuk and Philippine peso-denominated government bonds will be integrated over a ten-month period. The index is expected to adjust the maximum country weight limit from 10% to 9%. Saudi Arabia's weight will reach 2.71%, while the Philippines will have a weight of 1.64%.
Britannia looks beyond biscuits, turns to regional tastes and festive campaigns to drive FMCG growth
Britannia Industries is focusing on localised marketing to resonate with diverse Indian consumer preferences. The company has launched festive campaigns and brand activations targeting specific regional occasions. Britannia reported a year-on-year sales increase of 16.6% to Rs 5,542 crore for the September quarter. Their growth strategy involves expanding beyond traditional biscuits into bakery and adjacency products. The approach aims to sustain competitive growth amid rising competition from smaller local brands.
A global AI selloff could send money India's way, says Uday Kotak
Uday Kotak highlighted the potential for India to attract foreign investment as global AI valuations rise. Indian equities have performed relatively well, rebounding nearly 10% from lows earlier this month. Despite the drop in tech-heavy Asian markets, local stocks demonstrate resilience due to continued domestic investor confidence.
Upbeat earnings bolster case for India stocks as Asia wavers
Indian equities are outperforming Asian peers, supported by stronger-than-expected corporate earnings, improving valuations and renewed foreign investor inflows. September-quarter profits rose 20% among major companies, boosting market sentiment. However, elevated oil prices, currency pressures and slower earnings upgrades remain key risks to sustaining the rally.
Peppermint Robotics raises Rs 100 crore led by pi Ventures, Crane Venture Partners
The company was founded in 2019 by Runal Dahiwade, and has raised Rs 150 crore to date. It also develops autonomous robots for material transportation and operates in nine countries. The US is its largest market, followed by India and western Europe, Dahiwade, who’s also the CEO, told ET.
Macallan’s India journey: Tapping a growing appetite for luxury, legacy, and craftsmanship
The Macallan is committed to strengthening its connection with consumers in India through meaningful experiences and storytelling. This strategy aims to highlight the brand's heritage and craftsmanship in a local context. As Indian consumers become more discerning, they increasingly value authenticity and quality in luxury spirits. The Macallan plans to deepen partnerships with stakeholders in the luxury market while establishing a locally anchored presence.
Load More
