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India’s rich pivot to real estate after stock returns falter
Investors in India are increasing their allocations towards high-yielding assets in real estate and logistics. Recent data shows a significant rise in investments through Alternative
Oil rises from two-month low as Hormuz shipping attacks offset Iran truce hopes
Oil prices rose after a two-month decline due to ongoing tensions in the Iran war and attacks on shipping. Brent futures climbed following reports of
Dollar gains traction as Fed speakers warn of risks from inflation
The US dollar is holding onto gains following a stronger-than-expected inflation report. Federal Reserve comments indicate potential rate hikes to address ongoing inflation concerns. Market
OpenAI posts steep losses even as quarterly revenue rises to $10 billion, WSJ reports
OpenAI reported a quarterly revenue rise of approximately 50% to reach $10 billion in the third quarter. Despite this revenue growth, the company faced significant
Global Market Today: Asian stocks rise on CoreWeave results, bonds drop
Japan’s Nikkei 225 rose as much 0.3%, while South Korea’s Kospi swung between gains and losses. A broader gauge of Asian shares advanced 0.2%. Contracts
Blackstone to invest Rs 5,000 crore in IIFL Finance for 16% stake as company raises Rs 6,414 crore
IIFL Finance will raise Rs 6,414 crore through a capital infusion led by Blackstone, which will invest Rs 5,000 crore for an approximately 16% stake.
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