India’s textile stocks become market standouts on trade deals

Indian textile exporters are experiencing a significant stock market surge, outperforming the broader market. New trade deals with the UK, EU, and potential US agreements are boosting competitiveness. Global brands shifting sourcing away from China are also creating opportunities. Investors are optimistic about Indian firms capturing substantial market share, with some analysts predicting further gains…

India’s private credit market doubles to $25 billion AUM in five years: Report

India’s private credit market is booming, nearly doubling to $25 billion in assets under management over five years, fueled by strong business demand. The Insolvency and Bankruptcy Code has boosted lender confidence, enabling financing for stressed firms. Real estate and infrastructure sectors are key beneficiaries. While global investors are increasing their participation, potential liquidity risks…

US Stock Market: Fed’s Warsh targets real-time economic data overhaul, unveils global advisory task forces

Federal Reserve Chairman Kevin Warsh is spearheading a significant shift towards real-time economic data, aiming to reduce reliance on traditional government statistics within a year. He believes current methods are too slow and error-prone, impacting policy decisions. Warsh is establishing task forces, including international experts, to explore new data collection and analysis techniques, promising independent…

Knack Packaging IPO Day 2: GMP indicates 16% listing gain; issue sees strong demand. Should you subscribe?

Knack Packaging’s IPO is attracting significant investor attention, with its shares trading at a 16% premium in the grey market. The public issue, which closes on July 3, has seen strong subscription rates, particularly from retail investors. The company plans to use the funds to expand its manufacturing capabilities. Brokerages recommend subscribing for the long…