At the core of ICICI Securities' thesis is Anupam Rasayan's diversified Rs 17,500-crore order book, which is expected to be executed over five to seven years.
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At the core of ICICI Securities' thesis is Anupam Rasayan's diversified Rs 17,500-crore order book, which is expected to be executed over five to seven years.
Tech stocks selloff comes after a strong rally driven by robust demand for artificial intelligence (AI), with investors now concerned that higher borrowing costs could weigh on corporate profitability and future growth projections.
Brent crude climbed above $91 a barrel, however, domestic petrol and diesel prices remained unchanged across major Indian cities on Aug. 19.
The yield on 30-year US Treasuries hit the highest in almost two decades on Tuesday, while 10-year yields remained near the highest levels since early 2025.
The survey shows strong conviction around a no-landing scenario for the economy, no Federal Reserve rate hike, no cut in AI capital expenditure and no Democratic midterm sweep.
The trade actions have spurred widespread resentment of the US in Canada, with provincial governments pulling American-made alcohol from retail stores and many Canadians canceling or avoiding US trips.
The suspension of trade ties marks a significant escalation from Abu Dhabi, a key US ally in the Gulf that has historically maintained economic engagement with Iran despite broader tensions.
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