The European Central Bank has lowered its deposit rate to 2% through four consecutive cuts this year supporting consumption and business investment across the eurozone.
Year: 2026
OpenAI Targets $852 Billion to $1 Trillion Valuation for Its September IPO After Confidential Filing
OpenAI’s confidential S-1 filing with the SEC marks the formal start of what could be the largest technology public offering in history exceeding even SpaceX.
SpaceX’s AI Revenue From Colossus Data Center Begins Showing Up in Financial Disclosures
The merged SpaceX-xAI entity’s 220,000+ Nvidia GPU Colossus data center is generating AI compute revenue that now appears in the company’s post-IPO financial reporting.
UK Prime Minister Starmer Resignation Opens Policy Uncertainty for Sterling and Bond Markets
Andy Burnham’s expected succession to No. 10 Downing Street creates short-term political uncertainty though markets are reassured by his commitment to existing fiscal rules.
India’s IIP Index Rises to 173.2 in March 2026 — Basic Metals Motor Vehicles Lead Manufacturing Growth
India’s Index of Industrial Production shows broad-based growth with 14 of 23 manufacturing industry groups recording expansion in the latest monthly reading.
RBI Monetary Policy Stance Likely to Stay on Hold as Inflation Hits Near 3.9% Close to Target
Goldman Sachs economists say limited space exists for further policy easing as India’s headline inflation approaches the Reserve Bank’s 4% target after 125bps of cuts.
India’s Green Urea Roadmap to Promote Sustainable Fertilizer Production Announced by Government
The Government of India unveils a roadmap to shift fertilizer production toward greener processes reducing dependence on conventional high-emission chemical manufacturing.
India’s FPI Inflows Stay Selective as Global Funds Take Cautious Exposure to Indian Debt Markets
Foreign portfolio investors are being selective in India preferring government bonds over equities as they wait for clearer signals on global growth trajectory.
India’s Current Account Deficit Expected to Widen to $37 Billion in 2026 on Stronger Import Demand
Goldman Sachs projects a wider trade gap as India’s improving domestic consumption pulls in more non-oil non-gold imports even as services exports stay strong.
India’s IT Sector Lags Broader Market Rally as Global Technology Spending Remains Muted
Software exporters like TCS Infosys and Tech Mahindra underperformed the Sensex as cautious enterprise spending in the US and Europe weighed on sector outlook.