Indian equities closed the week with modest gains as progress in US-Iran diplomacy and expectations of stable RBI rates provided support to market sentiment.
Category: Business
India’s RBI Announces Sovereign Gold Bond Premature Redemption Schedule for July–September 2026
The Reserve Bank of India has released the schedule for early redemption windows covering several SGB tranches allowing investors to exit before maturity dates.
Tokyo Consumer Inflation Ticks Up to 1.6% — Reinforcing Expectations the Bank of Japan Will Hike
The first rise in Tokyo’s core consumer price index in eight months comes as government subsidies on utility bills expired driving up household cost pressures.
India Startup Ecosystem Gains New Credibility as HCLTech Takes Stake in Sarvam AI LLM Company
HCL’s investment in Sarvam AI — a domestic large language model startup — is being seen as a validation of India’s potential to build competitive AI technology.
Wall Street Set to Close Strong First Half as Nasdaq Heads for Record With AI Investment Boom
Markets are positioning for the half-year close with AI-related stocks and infrastructure plays leading index gains despite Iran war volatility early in 2026.
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.
EU Opens Forced Labor Investigation Into 60 Countries Including the European Union Itself
The US investigation into alleged forced labor trade practices has triggered a wide-ranging probe that could impose 10-12.5% tariffs on exports from six dozen countries.
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.
Pinterest Receives Analyst Upgrade — Firm Says Stock Is Undervalued After Years of Weakness
An analyst argues that Pinterest’s improved monetization strategy and growing user engagement make it one of the most overlooked value plays in the social media space.
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.