NEW DELHI, India — Non-resident Indians (NRIs), Overseas Citizens of India (OCIs) and other foreign nationals living abroad may soon be able to complete digital KYC for accessing India’s securities market without travelling to India, under a proposal released by the Securities and Exchange Board of India (SEBI).
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NIFTY50 Weekly Outlook: Crude Oil, Fed Minutes and FII Activity in Focus
MUMBAI, India — The NIFTY50 is set to face several potential market triggers this week, with crude oil prices, minutes from the US Federal Reserve and foreign institutional investor activity highlighted as key factors for investors to monitor.
Government Sets LPG Output Targets for 24 Companies, Total Potential at 63.81 KTPD
NEW DELHI, India — The government has set specified maximum LPG production levels for 24 refinery and upstream oil companies, with a combined production potential of 63.81 thousand metric tonnes per day (KTPD). The move is aimed at strengthening domestic cooking-gas supplies and improving the country’s ability to respond to potential supply disruptions.
Anthropic’s IPO Bet: Why Investors Are Looking to 2028
NEW YORK, United States — Anthropic’s potential initial public offering is being valued against an unusually distant financial target, with the artificial intelligence company projecting roughly $190 billion to $200 billion in revenue for 2028, according to people familiar with its financials cited by Reuters. The forecast is far above the company’s recently disclosed $47 billion revenue run rate and highlights the scale of growth investors are being asked to price into the IPO.
Russia Economy Shows Growing Signs of Strain
MOSCOW, Russia — Russia’s economy has continued to grow despite more than four years of full-scale war with Ukraine, but economists and analysts say the headline figures are increasingly masking deeper financial pressures. Official data showed the economy expanded in the second quarter of 2026, while rising deficits, inflationary pressure, weaker energy revenues and the growing dependence on military spending point to mounting strains.
Q1 Results Today: Ashok Leyland, NMDC, Voltas and Others to Report Earnings
NEW DELHI, India: A number of prominent Indian companies are scheduled to announce their Q1 results on August 14, with investors and market participants set to track earnings updates from companies including Ashok Leyland, NMDC, Alkem Laboratories, Bharat Dynamics, Voltas and PhysicsWallah. The earnings calendar also includes several other companies reporting their financial performance for the first quarter.