Global Market: Saudi Wealth Fund to maintain global bets
INDIA MARKET | Fri, 27 Mar 2026, 6:10AM IST
Saudi Arabia's wealth fund, the Public Investment Fund, is committed to global investments. Governor Yasir Al Rumayyan stated the fund's strong financial position. Despite regional conflicts, Gulf investors are proceeding with international deals. The PIF plans to increase its annual deployment and boost domestic and international private sector involvement. Saudi Arabia aims to attract global investment.
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State debt deluge keeps bond yields under pressure
INDIA MARKET | Fri, 27 Mar 2026, 6:06AM IST
Indian government bond yields are expected to face pressure due to a record weekly supply of state debt, with auctions likely to exceed notified amounts. This significant issuance could lead to a crowding-out effect, pushing the 10-year benchmark yield towards 6.90%-6.95%.
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INDIA MARKET | Fri, 27 Mar 2026, 6:01AM IST
Businesses are adjusting supply chains due to the ongoing conflict. Indian companies possess stronger financial health than before the pandemic. Equity markets have seen a correction, making valuations more reasonable. HSBC aims to become a top private bank in India. The bank is also focusing on transaction banking and global investing options for affluent clients.
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INDIA MARKET | Fri, 27 Mar 2026, 6:01AM IST
Indian stock markets extended their rally for a second straight session, with banking, auto, and consumer stocks driving gains. Several companies, including Chennai Petroleum, LIC, and Brigade Enterprises, are in focus today due to significant corporate developments and announcements.
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Goldman downgrades Indian equities to 'market weight' from 'overweight'
INDIA MARKET | Fri, 27 Mar 2026, 5:53AM IST
Goldman Sachs has downgraded Indian equities to 'market weight' from 'overweight', citing slower earnings growth and crude price concerns. The brokerage cut its Nifty 12-month target to 25,900, anticipating downside risks in the next 3-6 months due to unpriced earnings cuts. Despite recent gains, Goldman remains overweight on select sectors but downgraded cyclicals and downstream industries.
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US Stock Market: Investors switch to cash from stocks and bonds like it's 2022
INDIA MARKET | Fri, 27 Mar 2026, 5:48AM IST
Investors are selling stocks, bonds, and gold, increasing cash holdings due to the Iran war's geopolitical and macro uncertainty. This mirrors strategies from the Ukraine invasion, with concerns of an energy price shock fueling inflation and prompting central banks to consider rate hikes instead of cuts.
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Amidst sell-off, Nifty top 10 equal weight index looks like a good bet
INDIA MUTUAL FUNDS | Fri, 27 Mar 2026, 5:44AM IST
Investors with higher risk appetite are eyeing Nifty Top 10 Equal Weight Index schemes following a market sell-off. The index's recent underperformance, driven by foreign institutional selling, presents a potential buying opportunity with attractive valuations in large-cap stocks.
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Trade deal with India not far-off, but there are still gaps: U.S. official
INDIA BUSINESS | Fri, 27 Mar 2026, 5:40AM IST
One of the gaps in India-U.S. discussions, as per the U.S. official, is around pulses, with India seeking to safeguard the market for this agricultural commodity and the U.S. wanting greater access to it
Continue reading at The Hindu
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18 BSE 500 firms outshine FY25 metrics in just 9 months; finance, capex plays lead surge
INDIA MARKET | Fri, 27 Mar 2026, 5:39AM IST
Stealing the show: Only 18 BSE 500 firms surpassed their FY25 revenue, EBITDA, net profit and margins in the first 9 months of FY26 l Finance & capital goods cos led the pack amid credit growth and infrastructure push
Continue reading at Economic Times
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Telcos navigate subsea cable risks
INDIA NEWS | Fri, 27 Mar 2026, 5:30AM IST
Mumbai|New Delhi: The Centre has asked telecom companies and subsea cable operators to draw up a risk analysis of Indias exposure stemming from any damage that may be caused to the critical data pipelines that crisscross the oceans and come up with fallback options as war rages in West Asia, said people aware of the matter.The Department of Telecommunications (DoT) has held meetings with industry executives to arrive at contingency plans amid Irans threats against undersea cables as the Strait of Hormuz is a conduit for a third of Indias westward traffic to and from the US and Europe, said the people cited. While some of this can be routed through Singapore, that wont be enough to carry the entire load. Also, alternative routes will be costly with rates having risen manifold as hyperscalers such as Amazon Web Services (AWS) are gobbling up capacity.The Pacific route is also longer than that of the Atlantic.This will impact latency and processing speeds, experts said.The government is actively engaging with stakeholders to assess the risks arising from Indias dependence on subsea cables through the Strait of Hormuz and the Red Sea, said Harsha Ram, head of network business at Sify Technologies. Any disruption or cable cuts could degrade critical services, leading to financial transaction failures, e-commerce disruptions, social media outages, and broader impact on IT and GCC operations. However, the chances of a complete blackout are slim as most service providers have adequate resilience built in."Reliance Jio, Bharti Airtel, Tata Communications and Google didnt respond to queries.129833641The government has been engaging with the industry as the situation is unprecedented, said an executive with one of the subsea cable firms. Firms usually plan some extra capacity as a contingency measure for damages or minor cuts, but nobody planned for a war situation.ET reported earlier this month that cable repair ships in the region have been forced to halt work due to security risks. This has impacted maintenance on Airtels SEA-ME-WE 4 (SMW4) and I-ME-WE (IMEWE) systems as well as Flag Telecoms FALCON, which were cut near Jeddah, Saudi Arabia. Tata Communications TATA TGN-Gulf and Airtels Africa Pearls cable systems are also exposed to risk of damage. Several new subsea cables, including Reliance Jios India-Europe-Express and India-Asia-Express, and Googles Dhivaru are also under construction along this corridor. The immediate task for the industry is to safeguard infrastructure and ensure that any damage is quickly repaired, for which it needs support from the government in getting the requisite approvals.DATA CENTRE PLANS HITProlonged business disruption could potentially delay Indias $270 billion data centre ambitions, which are dependent on enhancing Indias subsea connectivity. For instance, cables such as Meta Platforms Waterworth and Googles Blue-Raman are planned to land on Indian shores. On his recent visit to New Delhi, Alphabet chief Sundar Pichai had unveiled the India-America Connect initiative to establish new subsea cable routes.The industry has asked the government to negotiate with Iran to avert any threat to subsea cable infrastructure. Executives expressed optimism about an outcome given that some India-bound vessels have been allowed by the Iranian regime to pass through the Strait of Hormuz.
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Telcos navigate subsea cable risks; Centre asks for analysis, fallback options as war rages
INDIA BUSINESS | Fri, 27 Mar 2026, 5:30AM IST
Amidst escalating tensions in West Asia, the Indian government has directed telecom firms and subsea cable operators to assess risks to critical data pipelines. Contingency plans are being developed as Iran's threats to undersea cables could disrupt a significant portion of India's westward traffic, with alternative routes proving insufficient and costly.
Continue reading at Economic Times
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MSMEs tap working capital amid rising input cost pressures
INDIA MARKET | Fri, 27 Mar 2026, 5:29AM IST
MSMEs and other industries are experiencing higher working capital utilization as input costs escalate due to the US-Israel conflict. This trend, driven by slower cash flows and margin pressures, is prompting lenders to ensure adequate liquidity support. Sectors like hospitality, chemicals, and basmati rice exporters are expected to see increased drawdowns and fresh sanctions as they navigate rising costs.
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1h
Trumps Signature Set to Be Added to Americas Currency
GLOBAL NEWS | Fri, 27 Mar 2026, 4:38AM IST
President Trump is set to be the first sitting president to have his signature appear on the U.S. dollar.
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1h
Trade deal not far-off, but there are still gaps: U.S. official
INDIA BUSINESS | Fri, 27 Mar 2026, 4:08AM IST
One of the gaps in India-U.S. discussions, as per the U.S. official, is around pulses, with India seeking to safeguard the market for this agricultural commodity and the U.S. wanting greater access to it
Continue reading at The Hindu
2h
Trumps Signature to Be Added to U.S. Dollars
GLOBAL NEWS | Fri, 27 Mar 2026, 3:37AM IST
President Trump is set to be the first sitting president to have his signature appear on Americas currency.
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Trumps Signature to be Added to U.S. Dollars
GLOBAL NEWS | Fri, 27 Mar 2026, 3:34AM IST
President Trump will be the first sitting president to have his signature appear on Americas currency.
Continue reading at The New York Times
2h
Iran Keeps a Tight Grip on Strait of Hormuz, Pressuring Shipping and Energy Sectors
GLOBAL NEWS | Fri, 27 Mar 2026, 3:06AM IST
Iran has allowed a small number of vessels to pass, but that wont alleviate pressure or risk for the shipping industry and energy markets any time soon.
Continue reading at The New York Times
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India has oil for 60 days, LPG for a month: Centre
INDIA BUSINESS | Fri, 27 Mar 2026, 2:44AM IST
The Ministry of Petroleum and Natural Gas said all petrol pumps across the country are adequately stocked and operating normally, with no rationing of petrol or diesel
Continue reading at The Hindu
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U.S. Stocks Have Their Biggest Drop Since Start of Iran War
GLOBAL NEWS | Fri, 27 Mar 2026, 1:41AM IST
The S&P 500 tumbled 1.7 percent on Thursday and oil prices continued rising as investors fret about when the war would end.
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4h
INDIA MARKET | Fri, 27 Mar 2026, 1:37AM IST
Wall Street indexes plunged Thursday, with the Nasdaq confirming a correction amid escalating U.S.-Iran tensions. Soaring oil prices and inflation fears drove the sell-off, as investors grappled with "fog of war" uncertainty. Tech and communications stocks led the decline, while energy shares gained.
Continue reading at Economic Times
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Steel Ministry flags industry concerns over LPG supplies
INDIA BUSINESS | Fri, 27 Mar 2026, 12:49AM IST
Steel plants face LPG shortages. The Steel Ministry has raised this issue with the Petroleum Ministry. The Iran war has reduced gas availability. The government is prioritizing cooking gas over industrial use. Steelmakers need alternative propane supplies from countries like Russia. This disruption could affect other essential inputs for steel production.
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5h
Oil Ministry assures there is no LPG, fuel shortage
INDIA BUSINESS | Fri, 27 Mar 2026, 12:45AM IST
The oil ministry has assured the nation that fuel supplies are ample. Reports of panic buying and dry petrol pumps are being addressed. The ministry states there is no shortage of petrol, diesel, or LPG. Citizens are urged not to spread misinformation. Credit to petrol pump dealers has been restored to ensure availability.
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5h
With Hormuz still shut, options market signals rising risk of $150 oil
INDIA MARKET | Fri, 27 Mar 2026, 12:38AM IST
Traders are making significant bets on Brent crude oil prices soaring to $150 a barrel by April end. This surge is driven by ongoing conflict in the Middle East disrupting supplies through the Strait of Hormuz. Options trading shows a tenfold increase in such bets, indicating anticipation of extreme price movements.
Continue reading at Economic Times
5h
Oil at $150: With Hormuz still shut, options market traders see rising risk, raise bets 10-fold
INDIA COMMODITIES | Fri, 27 Mar 2026, 12:38AM IST
Traders are making significant bets on Brent crude oil prices soaring to $150 a barrel by April end. This surge is driven by ongoing conflict in the Middle East disrupting supplies through the Strait of Hormuz. Options trading shows a tenfold increase in such bets, indicating anticipation of extreme price movements.
Continue reading at Economic Times
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