Argentina's President Milei assured investors in New York that the nation's economic revival is on track, despite global market jitters. He highlighted a shift to energy exports and promised a surge in dollar reserves. Milei emphasized U.S. backing and new trade agreements, aiming to attract investment amidst geopolitical tensions and a flight to safety.
Oil prices plummeted by more than $10 a barrel on Tuesday after soaring to an almost four-year high in the previous session after U.S. President Donald Trump predicted the war in the Middle East could end soon, lowering expectations of prolonged disruptions to oil supply.
Indian equity markets rebounded as easing geopolitical concerns after comments from Donald Trump lifted investor sentiment. The Sensex rose 640 points and Nifty closed above 24,260, with analysts expecting cautious trading as investors watch developments in the Middle East conflict.
Foreign investors sharply slowed their purchases of emerging market assets in February to below $22 billion even as flows remained positive across both debt and equities, data from a global banking trade group showed on Tuesday.
Deutsche Bank upgraded the U.S. and European technology sector to "neutral" from "underweight" on Tuesday and turned "overweight" on software, saying the months-long rout sparked by fears of AI-driven disruption has likely run its course.
Morgan Stanley Asia Singapore bought shares worth ₹69.2 crore in Nazara Technologies through a block deal, acquiring 28.85 lakh shares from Think India Opportunities Master Fund as the gaming company continues global expansion and posts strong revenue and EBITDA growth.
The Reserve Bank of India has issued stricter prudential norms for bank dividend payouts and profit remittances. The framework links payouts to capital strength, asset quality, and regulatory compliance to ensure financial stability and adequate capital buffers across banks.
India is emerging as the top pick in Asia‑Pacific private markets, offering global investors scale and resilience as activity in the Asia-Pacific slows, a survey by McKinsey & Company and the Indian Venture and Alternate Capital Association showed.
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