Among developing nations, India has overtaken China as the most popular emerging market, having climbed to No. 2 in 2022 from No. 9 in 2014.
On the campaign trail, Luiz Incio Lula da Silva promised to sustain a massive welfare programme, increase the minimum wage and boost health and education spending. Now, Brazil's president-elect is trying to make good on those pledges -- and investors are showing concern. Da Silva's transition team on Wednesday night presented Congress with an outline of a proposal to skirt a constitutionally imposed spending cap by creating a carve-out for welfare. Then, at the climate talks in Egypt on Thursday, he reiterated that he pays little heed to whether his plans to lead a socially responsible government might cause jittery speculators to sell off. When trading opened on Thursday, Brazil's currency slid to its weakest level against the dollar since July and the benchmark Bovespa stock index fell more than 2.5 per cent, before trimming losses hours later. Traders have begun pricing in interest-rate hikes next year rather than cuts, as da Silva's proposal "confirmed (fiscal) risk that before .
Merely giving disclaimers may not guard finfluencers from regulatory action
The offering would be aimed at helping employees and shareholders cash out, two of the sources said
Under this mechanism, the information in the DRHP is made available only to the regulator, not to the public at large
Even as number of investors has risen, shows SCORES data
The middle-mile segment, unlike long-haul transport or last-mile delivery to an end consumer, involves business-to-business (B2B) operations, mostly from a warehousing location to a retail centre
The Middle East firm expects to reach $5 billion of assets in India in the next five years, up from just over $600 million currently, or 1.5% of the $42.7 billion in assets managed by Investcorp
The company has also set a target of achieving annual residential sales of Rs 2500 crore and annual leasing of Rs 500 cr
Investors have wiped about $7 billion off Saudi National Bank's market value amid growing concern over the lender's plans to purchase a stake in Credit Suisse Group AG
Country attractive for global investment because of 'visibility for high growth', says head of Institutional Equities, Investec India.
A 40-minute outage across three stock exchanges stalled equity trading in Canada, leaving some investors frustrated and others refusing to place orders even after it reopened.
Soft prices of commodities including metals is weighing on investor sentiment
There is less money for companies as buyers slow down transactions amid geopolitical tension and higher capital cost.
The injectable manufacturing company expects the margin pressure to persist due to cost pressures and negative operating leverage.
Start-up will use financing to expand team, promote its platform and expand business
Elon Musk pledged to close the acquisition of Twitter Inc. by Friday in a video conference call with bankers helping fund the deal
Quincey told investors, "India had a knock-out quarter clearly they are having a very strong run this year. He also said that the company is looking to continue to invest strongly in the country.
Shares of Microsoft and Google-owner Alphabet were up 0.6% and 1.2% respectively, while Apple and Amazon.com also rose ahead of reporting quarterly earnings this week
Digital payments firm seeking investors' support to scale up operations and compete with rivals