World News by Wild Rose

The verification exercise follows the Andhra Pradesh government’s constitution of a five-member Group of Ministers to review and address issues concerning AgriGold depositors.

Leveraged bets on Indian stocks are heading for their first monthly drop since March, a sign retail traders are cutting risk as the rally in some of the market’s most speculative corners unravels.

Chandrababu Naidu stated that the financial restructuring plan encompasses both short and long-term strategies drawn up to strengthen the AP-Transco’s financial position and ensure its financial sustainability

Carlsberg A/S is preparing to publicly file documents for an initial public offering of its India business, which could raise as much as $700 million, as early as this week, according to people familiar with the matter.

The accumulated gap cannot be overcome within a reasonable time frame by budgetary resources alone, says T.M. Thomas Isaac, former Finance Minister of Keralam, underscoring the importance of a mechanism like KIIFB for the State

Net spend on oil and gas imports increased about 40% to $13.4 billion.

The bank recorded its highest-ever net interest income of ₹1,116 crore with a growth of 37.95% on a year-on-year (y-o-y) basis.

Panel report says this amounts to serious violation of Rules of Business of the State

Indian equities outpaced Asian peers on Thursday, as an unwinding of the artificial intelligence trade spurred a rotation toward markets that had largely missed the surge.

Government to frame guidelines for ‘People’s Plan’; proposes ward-level meetings and GST revenue share for local bodies

Deposits were used as collateral for loans extended to entities incorporated in the British Virgin Islands, which were controlled and managed from India by the Reliance Anil Ambani Group through front persons, the ED says

India’s rupee gained as the central bank chief said the authority would consider more steps to thwart speculative bets, days after announcing sweeping measures to bolster the currency. Central bank intervention also fueled the advance.

Maharashtra State Electricity Transmission Co. has selected six investment banks for a planned initial public offering that could raise as much as $800 million, according to people familiar with the matter.

Pramod Kumar, Barclays Bank India CEO and Vice Chairman, Investment Banking APAC, says the London-based lender is preparing to rebuild its IPO business in India. He speaks on the sidelines of Bloomberg's New Economy Forum in New Delhi. (Source: Bloomberg)

Pramod Kumar, India CEO at Barclays Bank, discusses the potential of further engaging with India's IPO market. (Source: Bloomberg)

Millions chased fast profits through complex trades. It ended with billions lost. How India’s options market unraveled and where retail traders go from here. (Source: Bloomberg)

Indian stocks jumped on Tuesday after Finance Minister Nirmala Sitharaman said she’s keen to listen to discussions around a transaction tax imposed on trading shares as the country seeks to boost capital inflows.

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Mohamed Kande, PwC Global Chairman; Noubar Afeyan, Moderna Co-founder & Chairman and Flagship Pioneering Founder & CEO; Kiran Mazumdar-Shaw, Biocon Executive Chairperson & Founder; Connor Teskey, Brookfield Asset Management CEO (Source: Bloomberg)

Benchmark 10-year yields jumped to their highest since March 2023 on Monday.

The Indian rupee advanced in offshore trading after the central bank took some of its strongest measures to bolster the currency since the 2013 taper tantrum.

The commission has been formed to propose guidelines to prevent financial crises arising from the ‘unplanned inception and operation of specialised universities with low student enrollment'.

India’s markets regulator told a local court that it has shared with Jane Street Group LLC the trade logs it relied upon for its preliminary order against the Wall Street trader, pressing the firm to respond to the accusations of market manipulation.

Describing him as the pravachan mantri, Jairam Ramesh shared a media report on X which said household kitchen budgets had increased by 20% to 25% over the past three months and asked when people would get relief from “back-breaking inflation”