foreign fund managers

Selling abates, foreign funds in no rush to buy: Goldman Sachs

Uday Kotak, founder of Kotak Mahindra Bank, urged India to reduce its reliance on foreign capital and cultivate a robust domestic pool of long-term risk capital for true self-reliance. He emphasized that companies should prioritize building businesses with a three-to-five-year vision over short-term stock price fluctuations, advocating for stronger domestic private equity and venture capital ecosystems.

S&P Global has said that the country has adequate financial buffers to manage a wider current account deficit that could emerge because of rising crude oil prices. India’s current account deficit has narrowed over the past few years, although fluctuations in global crude prices now pose a risk to that improvement.

Government has opened highway project bids to venture capital, private equity, infrastructure, and pension funds, a significant policy change. This move aims to attract substantial private investment by allowing these financially robust entities to partner with experienced construction firms.

The erosion in reserves reflects not only intervention by policymakers to support domestic currencies, but also valuation losses in non-dollar assets, according to data compiled by Bloomberg.

Persistent foreign fund outflows and the rupee sliding to record lows have further dampened sentiment, prompting investors to stay cautious and intensify selling across equity markets.

Fuel, gold, edible oil, foreign travel, and fertilisers — how much do they cost India, and how much do they matter right now?

Indian Hotels saw strong Q4FY26 results with revenue up 14% and profit by 15%, driven by robust hotel operations. UPL's Q4FY26 revenue grew 18%, but earnings were impacted by provisions. Oberoi Realty's Mumbai market shows promise, while PVR reported a 24% revenue jump. Nuvama's wealth and asset servicing segments are performing well.

China's blocking of Meta's $2 billion Manus AI acquisition signals a shift, making Singapore a less effective shield for Chinese tech firms seeking Western exits. Regulators intervened despite Manus's Singapore registration, barring founders from leaving the country. This move suggests Beijing's scrutiny now extends beyond incorporation, impacting future international ventures.

Arvind Kejriwal accused the BJP of political vendetta after repeated ED actions in Punjab, including the arrest of AAP MP Ashok Tanwar. The agency's probe targets alleged financial irregularities, with searches extending to real estate firms. Punjab's CM condemned the ED's use as a political tool, while the opposition highlighted corruption concerns.

India’s gold imports hit a record $71.98 billion in 2025-26, rising over 24% from $58 billion a year earlier. This was largely due to skyrocketing global gold prices, which have bumped up the value of imported gold.

The US has sanctioned ten individuals and companies, including those in China and Hong Kong, for aiding Iran's drone and ballistic missile programs. These measures aim to curb Iran's military capabilities and its threat to regional shipping. The sanctions target entities involved in procuring weapons components and raw materials, with a warning to foreign firms engaged in illicit Iranian trade.