Asia Reels From the Global AI SelloffBloomberg MarketsIndiaStock marketThe global AI trade went into reverse, wiping $2.3 trillion from the Nasdaq 100 and triggering a brutal selloff across Asia. Why did the rout turn so violent, and why is India emerging as a rare br...
India Should Scrap Equity Tax on Foreigners, Says Edelweiss HeadBloomberg MarketsIndiaStock marketIndia should consider removing the capital gains tax imposed on foreigners to help revive the country’s stock market, Edelweiss Financial Services Ltd. Chairman and Managing Director Rashesh Shah s...
Indian Rupee: Higher inflation supports rate hike bets – DBSFXStreetIndiaEconomic dataDBS Group Research anticipates India’s headline inflation to rise in October on higher food costs and base effects, with core inflation also quickening. Non-food components may get some relief from...
India: Umar Khalid, Sharjeel Imam go back to Supreme Court for bailDWIndiaUmar Khalid and Sharjeel Imam have asked the Supreme Court for bail once more, having spent over six years in jail. Elsewhere, the top court has clarified when the 24-hour clock for producing an ar...