Oscar nominations: ‘Avatar 2’, ‘Black Panther 2’ and ‘Top Gun: Maverick’ are all in the running
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‘RRR’ becomes highest grossing Indian film at Japanese box office, raises 410 million yen
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Two of India’s leading indices fell nearly 0.5% on Monday to extend losses for a seventh straight session. The recent selloff mirrors the weak trend in global equities after a series of US economic data – including Friday’s consumer price inflation, which is the Federal Reserve’s most preferred inflation gauge – compounded fears the Federal Reserve will keep policy rates elevated for longer than the market had priced in.
Benchmark bond yields in India climbed to their highest since the first week of November as tightening liquidity and concerns over higher government borrowing in FY24 dented demand for sovereign debt. The rupee, too, declined to its lowest in more than four months amid an evident softness in local risk assets.
Lenders led by the State Bank of India (SBI) that are conducting an annual review of Adani Enterprises Ltd (AEL) have decided to maintain status quo on credit limits sanctioned for Gautam Adani’s flagship company, said two people aware of the development.
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