Savings Effect
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GLOBAL ENERGY CRISIS THREATENS INDIA’S MIDDLE-CLASS SPENDING, CLOUDING CONSUMPTION RECOVERY: BBG
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40% OF RECENT LAYOFFS ATTRIBUTED TO AI AS COMPANIES INCREASINGLY CITE AUTOMATION FOR JOB CUTS
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INDIA’S SMALL BUSINESSES FACE GROWING CREDIT CRUNCH AS LOAN ACCESS REMAINS CHALLENGING
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TRUMP SAYS WE WILL GET TO A TRADE DEAL WITH INDIA; STATES INDIA TOOK ADVANTAGE OF THE U.S. FOR YEARS BUT ADDS THAT THE TWO COUNTRIES CONTINUE TO SHARE A GOOD RELATIONSHIP.
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INDIA'S FDI EQUITY INFLOWS RISE 18% TO $58.84 BILLION IN FY26; INVESTMENT FROM US MORE THAN DOUBLES
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INDIA EXTENDS AD-HOC KEROSENE ALLOCATION SCHEME FOR HOUSEHOLDS TILL JUNE 30, 2026.
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INDIA, US REAFFIRM COMMITMENT TO CONCLUDE MUTUALLY BENEFICIAL TRADE AGREEMENT AFTER FOUR-DAY TALKS
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INDIA TO BECOME SELF-SUFFICIENT IN SOLAR CELL MANUFACTURING WITHIN A YEAR: PRALHAD JOSHI
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BLACKSTONE CAPS WITHDRAWALS FROM FLAGSHIP PRIVATE CREDIT FUND AS REDEMPTION REQUESTS SURGE
Key Details:
Investors sought to redeem about 10% of fund shares in Q2, double the fund’s standard quarterly repurchase limit of 5%.
Blackstone invoked its standard gate and approved only 5% of withdrawals, marking the first time its flagship BCRED fund has restricted redemptions.
The move comes amid renewed concerns over liquidity in private credit and broader private asset markets, with several peers also imposing redemption limits.
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META: CREATOR ASSISTANT ON FACEBOOK IS ROLLING OUT TO CREATORS IN THE US, CANADA, INDIA
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Foreign investors have net purchased $1.4 billion worth of Indian bonds so far this year, even as FPI outflows from Indian equities stood nearly $28 billion. As per various media reports, the Union Cabinet on Wednesday as part of a broader effort to boost capital inflows, support the rupee and cushion the economy from the impact of the ongoing Iran conflict and high crude oil prices, cleared the proposal.
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Anthropic urges worldwide AI slowdown, warns advanced systems could escape human control
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BSE Sensex and Nifty 50, are likely to open marginally lower on June 5, tracking subdued signals from the GIFT Nifty, which was trading nearly flat at around 23,502 in early trade.
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India gold ETFs turn negative for first time in a year
- India's gold ETFs saw first net outflow in 12 months in May
- Outflows followed higher import duties and rising gold prices
- Global gold ETFs also saw outflows as risk appetite returned
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