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Sebi revises InvIT rules for private to public conversion: Disclosure norms aligned with follow-on offers; sponsor requirements eased

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Sebi has updated the rules for private InvITs converting to public ones, effective immediately. The changes include revised sponsor holding requirements and standardized disclosure norms to match follow-on offer standards. These adjustments, influenced by industry feedback, aim to protect investors, improve market efficiency, and ensure consistent regulatory practices. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/83ZyWvx

Tariff trauma: Sensex is back below 80k mark after 3 months

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Indian stock markets witnessed a significant downturn on Friday, with the Sensex plummeting 765 points to a three-month low of 79,858, and the Nifty shedding 233 points. Investor sentiment was negatively impacted by fears of US tariffs harming Indian companies and the economy, coupled with continuous foreign fund outflows. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/emLMSn4

Trump tariffs: To beat 50% duty, exporters speed up US consignments

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Indian exporters are accelerating shipments to the US ahead of an August 27 deadline, fearing a duty hike to 50%. A three-way split of the initial 25% tariff is in place, but concerns remain, especially for smaller businesses with less bargaining power. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/EMxmLhB

Bank of England trims rate to 4%; signals cautious easing ahead

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The Bank of England reduced interest rates to 4% due to economic concerns. This is the fifth cut since August 2024. The move aims to counter rising US tariffs and domestic tax hikes. Inflation rose to 3.6% in June. Growth forecast is slightly up to 1.25%. The decision faced division within the Monetary Policy Committee. Unemployment reached 4.7%. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/DXUBCid

RBI keeps rates on hold, cuts inflation estimate for FY26

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The Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.5%, maintaining a neutral stance. While retaining the FY26 growth forecast at 6.5%, the MPC lowered the inflation projection to 3.1%. This decision considers macroeconomic conditions, the need for further transmission of rate cuts, and favorable monsoon conditions, despite lingering global trade challenges and geopolitical uncertainties. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/IdtSbcX

Highway projects of 4L cr delayed, 200 bid out, await start

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Nearly 580 National Highway projects, valued at approximately Rs 3.9 lakh crore, are facing delays, while another 200 projects worth Rs 1.6 lakh crore are yet to commence. Land acquisition hurdles, contractor-related issues, and pending clearances are the primary causes. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/tvhCnaF

Rupee hits another low at 87.8/$ as Trump's threats escalate

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The rupee plummeted to a record closing low of 87.8 against the dollar amid escalating US-India trade tensions fueled by potential tariff hikes. Equities weakened, with the Sensex and Nifty declining. Foreign investors offloaded shares worth ₹2,567 crore. While a weaker rupee could cushion the tariff impact by boosting exports, it also raises import costs and inflationary pressures. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/FzD2qlG