India
India’s rupee drops to record low as crude surge deepens worries
Falling to 95.3337 per US dollar, the currency breaches its previous low of 95.125 in late March
India economy resilient but faces rising risks from Mideast war
The war has altered the macroeconomic outlook after real GDP growth of 7.6% in the previous fiscal year
MUFG to make foray into Indian real estate, expand forex derivatives
The bank has been scaling up in India, with its investment in Shriram Finance marking a big move
India airlines warn of flight suspensions as war drives up fuel cost
Fuel accounts for as much as 40% of an airline’s operating expenses
Temasek, Canadian pension fund among investors looking to sell stakes in India’s NSE IPO: sources
The share sale by India’s largest exchange would have a value of US$2.75 billion
India’s Sun Pharma to buy US-listed Organon in about US$11.8 billion deal
Sun Pharma will buy all the outstanding shares of Organon for US$14 per share
India’s Infosys slumps to lowest level in three years over weak growth
SHARES of Infosys fell as much as 4.2 per cent to their lowest level in three years on Friday after the firm forecast disappointing fiscal 2027 revenue growth, as AI-led spending caution and geopoliti...
CapitaLand India Trust Q1 net property income up 8% at 3.8 billion rupees
This comes amid sustained performance of existing properties, contributions from new developments
Prolonged energy disruption to widen India trade deficit, strain fiscal account: Moody’s
Foreign investors have offloaded Indian shares worth US$18.6 billion so far this year
Asia’s largest oil buyers are running low on Hormuz alternatives
Refiners say they are covered for the coming month – but prices are far from discounts seen in the years