Deal approvals: CCI clears Blackstone’s Federal Bank entry; Tata Steel gets nod for BlueScope buyout
The Competition Commission of India has greenlit Blackstone’s acquisition of up to 9.99% stake in Federal Bank via warrants, marking the US private equity giant’s ...
Pakistan: National airline PIA sold to private consortium; Rs 135 billion deal sealed
No valid response from Gemini.
IT reset: Indian tech stocks search for momentum after a long slowdown; AI shifts from pilots to payoffs
Indian IT stocks, after years of underperformance, are cautiously optimistic for 2026, banking on AI to reignite growth. While past demand weakness stemmed from global ...
Liquidity push: RBI announces Rs 2 lakh crore bond buys and $10 billion swap; steps up support for banking system
The Reserve Bank of India is injecting Rs 2 lakh crore into the banking system through government security purchases and a $10 billion dollar-rupee swap. ...
‘Economic golden age’: Donald Trump hails Q3 GDP beat as proof of tariffs push; inflation and jobs data add caution
America’s economy showed robust growth in the third quarter, exceeding expectations. President Donald Trump highlighted this as a success of his policies, including tariffs and ...
Reforms have picked up pace, can deliver stronger growth: RBI DG Poonam Gupta
RBI Deputy Governor Poonam Gupta is optimistic about India’s growth, citing reforms and economic strengths. She believes the rupee’s movement is not a concern and ...
Tariff jitters: US consumer confidence slips in December; inflation and jobs worries deepen
US consumer confidence dipped in December to its lowest point since early tariffs, driven by worries over rising prices and trade levies. Households are increasingly ...
US markets today: Wall Street holds near record highs; strong GDP growth lifts bond yields
US stocks traded near record highs as stronger-than-expected Q3 GDP data boosted Treasury yields. Investors digested the economic resilience amid higher interest rates, with muted ...
US growth rebound: Washington economy expands at 4.3% annual pace in Q3; inflation pressures persist
The US economy surged to a 4.3% annual growth rate in the third quarter, exceeding expectations due to robust consumer spending, exports, and government outlays. ...
Trade friction: China takes India’s solar and IT policies to WTO; consultations initiated
China has initiated a trade dispute against India at the World Trade Organization. The challenge targets India’s policies on solar cells, solar modules, and information ...
