A 1,000 Cheers on D-St After US Data Makes Rate Cut More Likely
INDIA MARKET | Thu, 27 Nov 2025, 5:33AM IST
Indian equity indices surged over 1% on Wednesday, mirroring global gains as softer US retail sales data fueled expectations of a December Federal Reserve rate cut. The Sensex and Nifty neared record closing levels, driven by strong investor sentiment and foreign inflows. All sectoral indices ended higher, with metals leading the advance.
Continue reading at Economic Times
25m
Indian equities surge near record highs on Fed rate cut hopes
INDIA MARKET | Thu, 27 Nov 2025, 5:33AM IST
Indian equity indices surged over 1% on Wednesday, mirroring global gains as softer US retail sales data fueled expectations of a December Federal Reserve rate cut. The Sensex and Nifty neared record closing levels, driven by strong investor sentiment and foreign inflows. All sectoral indices ended higher, with metals leading the advance.
Continue reading at Economic Times
25m
INDIA BUSINESS | Thu, 27 Nov 2025, 4:33AM IST
Starbucks is set to revamp its India operations. Its partner, Tata Consumer, is pushing for a more affordable business model. This involves smaller stores, lighter equipment, and accessible pricing. The joint venture aims to improve profitability and unit economics. Fresh investment hinges on this new, leaner format. The company is recalibrating its strategy for the Indian market.
Continue reading at Economic Times
1h
U.K. Budget Plan Calms Markets and Labour Faithful. Will It Appeal to Voters?
GLOBAL NEWS | Thu, 27 Nov 2025, 2:39AM IST
The plan presented by the chancellor of the Exchequer, Rachel Reeves, called for spending increases and higher taxes on the wealthy and the middle class.
Continue reading at The New York Times
3h
ICICI, Canara likely to raise Rs 7,500 crore
INDIA BUSINESS | Thu, 27 Nov 2025, 12:12AM IST
As the financial landscape evolves, Indian banks are on a robust quest for capital through bond markets. This week, Canara and ICICI banks are poised to unveil bond offerings amounting to an impressive 7,500 crore. In a recent maneuver, Axis Bank successfully raised 5,000 crore through a strategic private placement of non-convertible debentures.
Continue reading at Economic Times
5h
INDIA BUSINESS | Thu, 27 Nov 2025, 12:05AM IST
Irdai, India's insurance authority, is stepping up to harmonize relations between health insurers and hospitals through active discussions with industry representatives. Their talks revolve around crucial elements such as claim settlements, rate structures for medical packages, and the facilitation of cashless insurance services.
Continue reading at Economic Times
5h
Tejas holds firm as Airtel keeps up the pressure
INDIA BUSINESS | Thu, 27 Nov 2025, 12:01AM IST
Tejas Networks states its telecom equipment meets industry quality standards. This comes amid a dispute with Bharti Airtel over interference issues in Rajasthan. Tejas Networks claims its gear is not sub-standard. It suggests additional filters are needed when antennas face each other. BSNL has already deployed these filters at many sites.
Continue reading at Economic Times
5h
Telcos could ring in record Rs 35 billion in revenues this fiscal
INDIA BUSINESS | Wed, 26 Nov 2025, 11:55PM IST
Indian telecom revenues are set for a record high of $35 billion this fiscal year. Bharti Airtel and Reliance Jio are strengthening their market positions. Industry revenues are projected to reach $39 billion by FY27. Average revenue per user is expected to cross 200. Jio and Airtel are expanding their market share, while Vodafone Idea is seeing a decline.
Continue reading at Economic Times
6h
Cabinet greenlights 7,280 cr scheme for rare earth magnet manufacturing
INDIA MARKET | Wed, 26 Nov 2025, 11:54PM IST
The government has cleared a Rs 7,280 crore plan to build India's first integrated rare earth magnet supply chain, aiming for 6,000 tonnes annual capacity to support EVs, clean energy and electronics
Continue reading at Business Standard
6h
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