Business – Page 28

India’s Private Capex Cycle Expected to Recover in Second Half of 2026

Analysts noted potential upside to India’s GDP growth from a recovery in private sector capital expenditure in the latter part of 2026.

Microsoft completed its AI Foundry catalog with 11000 models including Anthropic’s Claude Opus 4.8 making it available to enterprise clients.

Electrosteel Castings Ltd announced it was exploring acquisitions to enter the paints and coatings business as part of its diversification strategy.

The new US-India trade agreement is projected to lower trade uncertainty and help unlock a long-awaited private investment cycle in India.

Analysts predicted that Indian equity markets would perform better in 2026 than 2025 driven by resilient domestic mutual fund flows.

Goldman Sachs Research predicted above-consensus GDP growth for India in 2026 citing easier financial conditions and healthier balance sheets.

SpaceX confirmed pricing of its IPO at $135 per share raising $75 billion in the largest initial public offering in history.

The Nasdaq Composite clawed back some losses after declining more than 7 percent from its record high set on June 1.

The SpaceX IPO is the first of three major AI-driven company listings expected in 2026 with Anthropic and OpenAI also preparing to go public.