Global Markets

SK Hynix and Micron are benefiting from booming AI memory demand, strong earnings and supply shortages. Discover how the industry transformed and what it means for investors. Read more.

Fairfax expanded its exposure to Indian government securities with a $1 billion investment. The purchases come as discussions continue over IDBI Bank's privatisation and foreign investment opportunities in India.

India’s LPG sourcing pattern is shifting sharply. Import shipments from the US are going to hit a record in June, while supplies from West Asia remain disrupted.

The US and Iran have agreed on a 60-day roadmap to finalise a peace agreement following high-level talks in Burgenstock, Switzerland, mediated by Qatar and Pakistan. Technical negotiations are set to continue through the week. Read ahead to know more.

ChatGPT remains the world's largest AI assistant with over 1.1 billion monthly users. But its market share has fallen below 50% for the first time as Google Gemini and Anthropic's Claude rapidly gain users and engagement.

India will allow imports of 3.78 lakh UK passenger cars at concessional duties under the India-UK CETA, while protecting mass-market EVs and securing duty-free export access for Indian electric vehicles.

India and Canada agreed to pursue a 2026 trade deal, begin security pact negotiations, and expand cooperation in energy and defence. Discover what the developments mean for bilateral ties. Read more.

SBI plans to launch rupee-denominated deposits in Sri Lanka. This will allow exporters to earn interest on rupee earnings and support over US$6 billion in annual India-Sri Lanka trade.

India, UAE enhance efforts to expand scope for trade settlement in local currencies. Over 15% of the bilateral trade has been invoiced in rupees or dirhams since the mechanism was introduced in 2023. The focus is on simplifying procedures and onboarding more banks rather than de-dollarisation. Read ahead to know more.

India's trade deficit stood at US$28.21 billion in May 2026 as imports increased 20.6% so far this year. Exports hit a record figure of US$45.2 billion at the same time.

India’s wholesale inflation rose to 9.68% in May under the new WPI series. It exceeded forecasts as fuel and power inflation surged 30.33%.