This is the time of year when I typically offer financial planning advice to those who have the flexibility to make charitable gifts or plan ahead for taxes. But this year, more than ever, I am acutely aware of the millions of people to whom that advice doesnt apply.
The Indian rupee experienced a slight dip, trading at 89.24 against the US dollar on Thursday due to increased importer demand. However, foreign capital inflows into the stock market and a fall in crude oil prices provided some support. Domestic equity markets saw a positive start, with both Sensex and Nifty registering gains in early trade.
Sterling and Wilson Renewable Energy shares saw a significant jump on Thursday. The company announced it secured a major international project in South Africa. This new contract is for a 240 MW AC Solar PV project valued at approximately $147 million. This win strengthens the company's position in the growing South African solar market.
The incident occurred when the train, which was testing seismic equipment, struck the workers, who had entered the track at a curved section inside the Luoyang Town Railway Station in the city of Kunming.
Axis Mutual Fund's Jayesh Sundar outlines a calibrated contrarian roadmap for 2026, identifying IT, FMCG, and select export plays as key opportunities. He emphasizes a comprehensive asset allocation framework, factoring in macro and micro variables, and sees potential upside as earnings visibility strengthens and global conditions stabilize.
The policy, according to U.S. Secretary of State Marco Rubio, will restrict U.S. visas for Central American nationals, and their immediate family members, who "are intentionally acting on behalf of the Chinese Communist Party and threatening our region's stability."
It is the first major public agreement that the U.S. has struck with a Caribbean nation as it seeks friendly allies to support its attacks against alleged drug-smuggling boats in the region and beyond. Since the strikes began in early September, at least 83 people have been killed.
Motilal Oswal Alternate Investment Advisors is seeking regulatory approval to launch its first private credit fund, aiming to raise up to 30 billion rupees. The fund, expected to begin fundraising in 2026, will primarily target mid-sized companies needing growth capital or facing special situations. This move signifies Motilal's entry into India's increasingly competitive private credit landscape.
