Latest posts
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WhiteOak Capital plans D-Street foray with Rs 1,500 crore IPO
WhiteOak Capital is gearing up for an initial public offering projected to raise ₹1,500 crore, potentially reaching a valuation of ₹9,000 crore. Established by Prashant Khemka in 2017, the firm oversees around $13 billion in assets. Following the recent trends set by alternative investment firms like Gaja Capital, Khemka has confirmed plans to go public;…
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Motilal Oswal Nasdaq Q50 ETF crashes 49% in 3 days, rings alarm bells for investors
Motilal Oswal Nasdaq Q50 ETF faced a sharp decline of nearly 49% in just three trading sessions. This drop followed a dramatic price surge that raised concerns about valuation and investor behavior. Several other international ETFs are also trading well above their net asset values, creating a potential risk for investors. Limited supply of ETFs…
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Morgan Stanley’s Asia deal plans leaked in staffer’s email misfire
A Morgan Stanley staffer inadvertently shared an internal document listing more than 100 investment deals. The leaked list included potential initial public offerings in Asia, along with private equity partners and suspended projects. The incident arose from an email sent this week, which the staffer attempted to retract later. Morgan Stanley stated it takes client…
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Govt cuts edible oil duty to ease prices
The government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs and potentially ease domestic prices. The reduced duties are effective from September 24, allowing businesses to benefit immediately. India, one of the largest edible oil importers, is sensitive to global commodity price…
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RBI special windows seen big enough to bring in $100B
India’s new forex inflow programs may attract approximately one hundred billion dollars. These special drives have already mobilized over forty billion dollars in foreign exchange. Experts predict these initiatives could significantly exceed initial mobilization estimates. The Reserve Bank of India introduced these facilities to support the balance of payments. These programs aim to cushion the…
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Sebi working towards balanced derivatives market: Tuhin Kanta Pandey
In a recent statement, Tuhin Kanta Pandey, the chairman of the Securities and Exchange Board of India, outlined strategic initiatives aimed at stabilizing the derivatives market. He pointed out derivatives’ vital role in bridging cash and futures trades, while recognizing that most challenges arise from short-dated index options during expiry times.
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India, Canada aim to conclude CEPA trade pact by end-2026: MEA
India and Canada are working to finalize their economic partnership agreement. Negotiations for the Comprehensive Economic Partnership Agreement are progressing well. Both nations aim to conclude these important talks by the end of 2026. This agreement seeks to liberalize trade and strengthen economic cooperation between the two countries. Prime Minister Modi plans a visit later…
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Govt’s urban reset: Centre divides ministry of Housing and Urban Affairs into two specialised verticals
The Ministry of Housing and Urban Affairs has undergone a significant structural overhaul. Senior bureaucrats were replaced and new leadership appointed to spearhead its flagship missions. The ministry was split into two specialized departments, focusing on capital development and urban development. This administrative revamp aims to streamline service delivery and accelerate infrastructure projects. Personnel shifts…
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From Oman to Tanzania: How the Iran war is redrawing India’s trade map
India’s trade is changing due to West Asia conflict. Oman is now a major import partner, especially for energy. Russia and the US are also key import sources. Singapore has become India’s third-largest export destination. Tanzania and South Africa are seeing increased Indian exports. These shifts highlight new trade routes and partnerships.
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India-UK CETA takes effect: First zero-duty Indian coffee, jewellery consignments reach UK shores
The India-UK Comprehensive Economic and Trade Agreement has officially come into force. Zero-duty consignments of Indian jewellery and coffee have now landed in the United Kingdom. This landmark pact is expected to significantly boost bilateral trade between the two nations. Businesses anticipate substantial growth and increased market competitiveness following the agreement. The pact aims to…
