The Indian rupee regained strength following the Reserve Bank of India’s decision to end its foreign-exchange swap facility for non-resident deposits ahead of schedule, while global dollar softness supported the currency in a cautious market environment. The Indian rupee firmed…
In July 2026, Pakistan’s salaried class contributed a record Rs44 billion in income tax, surpassing three-year highs despite government rate reductions and broader fiscal reforms, highlighting increased compliance and revenue collection efficiency. Pakistan’s salaried workers paid a record amount of…
As artificial intelligence becomes integral to wealth management, firms are shifting from retrospective analysis to real-time guidance and automation, driven by advancements in predictive and agentic AI, reshaping client engagement and operational models. Benito Mable, co-founder and chief executive of…
An evolving approach to self-employed mortgage applications now emphasises thorough income verification and business stability, with lenders scrutinising evidence beyond headline profits to better assess borrowing capacity for sole traders, partners, and contractors. A self-employed mortgage review is less about…
Indian government bond yields are expected to edge higher following the Reserve Bank of India’s surprise decision to wind up its concessional foreign-exchange swap window for diaspora deposits a month early, potentially weakening bond market sentiment. Indian government bond yields…
The Reserve Bank of India stepped into the forex market to limit losses as the rupee faced prolonged weakness amidst rising oil prices, trade shocks, and geopolitical tensions, highlighting an active foreign-exchange policy. On Monday, the rupee came under pressure…
A modest decrease in retail gold rates across India on Monday conceals a significant surge in underlying market prices driven by international bullion trends and futures market activity, highlighting discrepancies in local pricing. A small drop in India’s retail gold…
Indian shares opened lower on Monday amid ongoing fears over the US-Iran conflict and elevated crude prices, with traders cautious and indices oscillating within narrow ranges as analysts await clearer geopolitical or earnings signals. Indian shares started Monday on a…
Jefferies has increased its price target on Max Healthcare to Rs 1,260, optimistic about the hospital chain’s growth prospects despite temporary setbacks from oncology drug pricing changes, which are expected to diminish by 2026. Jefferies has lifted its target price…
Goldman Sachs maintains a ‘Sell’ rating on Bharat Dynamics amid their cautious outlook on the company’s execution and margin pressures, despite a robust first quarter driven by missile programme revenues. Goldman Sachs has kept a “Sell” rating on Bharat Dynamics…
