Soaring tanker costs are keeping American crude from closing the discount, even as Houthi attacks on Saudi Arabia push global prices higher.

Mohammed Uzair Shaikh is an Assistant Editor at NDTV Profit, bringing over a decade of digital media experience to his coverage of global financial markets. He leads the web desk's evening shift op...

Soaring tanker costs are keeping American crude from closing the discount, even as Houthi attacks on Saudi Arabia push global prices higher.

The IDBI Bank deal works out to about $5.6 billion, which eclipses Fairfax's current India holdings estimated at $3.76 billion.

Foreign investors have sold nearly twice as much this year as in all of 2025, yet a few sectors have held up much better than the benchmarks.

Valuation is no longer the only hurdle, as foreign investors want earnings visibility and tax relief too, analysts say.

"My satellites have been hovering over India for the last five years... We'll be very happy to get it at least a few days before him (Musk)," the Bharti chairman said.

"In a world of fleeting capital, long-term commitment is the only real proof of conviction," Adani said, while pointing out that Bloomberg has operated in India for 30 years.

Crude's climb on Houthi-Saudi fighting comes as the RBI defends the rupee, inflation sits at a 22-month high and foreign investors sell for a 13th straight session.

Market experts Ajay Bagga and Gurmeet Chadha say tax relief is one lever India can pull to stem foreign outflows, as the Finance Minister signals she is open to hearing views.

Investors are separating memory makers, which face Chinese competition, from AI processor makers, and Korea and Japan are paying the price.

Domino's US same-store sales grew just 0.3% in the September quarter, with smaller orders pointing to trade-down.

The world's second-largest economy is about $145 short of the World Bank's rich-country line, but here's why it would want to keep the 'developing' tag.

Market participants have raised the issue of whether all asset classes should be treated similarly, Sitharaman said, noting that the government will keenly hear views on these matters.

The stock fell nearly 9% intraday as a shrinking CASA ratio, higher credit costs and guidance for lower margins outweighed a 170% jump in profit.

"The moment you have a question paper, it becomes an economic incentive for that to be sold," said Nilekani, who heads the government's panel on exam reforms.

Valuations are attractive for the long term, but short-to-medium term call depends on growth visibility — a factor also being closely watched by foreign institutional investors.

The biggest push came from information technology. Nifty IT rose more than 3% in morning trade, with all 10 constituents in the green early in the session.

"Whether we will get it right and meet the numbers in two years or three years is not the point. The point is that chips are going to be fundamentally required," Chandrasekaran said.

Samsung and SK Hynix sink as memory-competition fears, a US chip selloff and near 24-year-high bond yields collide. For India, the Korea move matters because of how foreign money has been behaving.

HCLTech's net profit rose 11% to an all-time high; advanced AI revenue jumped 28.1% as deal wins reached $3.26 billion.

Fuel retailers are losing money on every litre while pure-play refiners ride strong margins, analysts point out.