Foreign exodus from Indian equities continues to hit grim milestones, with overseas investors remaining net sellers for a record 23 straight sessions. They’ve pulled a net $17.8 billion — including six sessions with outflows topping $1 billion — from late February through April 7, amid growing concerns over the impact of the global energy crisis on the country’s economy. Total withdrawals so far t...
Foreign exodus from Indian equities continues to hit grim milestones, with overseas investors remaining net sellers for a record 23 straight sessions. They’ve pulled a net $17.8 billion — including six sessions with outflows topping $1 billion — from late February through April 7, amid growing concerns over the impact of the global energy crisis on the country’s economy. Total withdrawals so far this year are nearing the record $19 billion seen in 2025. The Iran war has driven a selloff in Indian assets as higher oil prices strain the import-heavy economy’s finances, stoke inflation, and hurt corporate profits. Early cracks in the US-Iran ceasefire have taken some shine off the global rally, with foreign investors still net sellers on Wednesday despite the truce, according to provisional data. To be sure, domestic institutions continue to absorb much of the foreign selling — they’ve poured $20.6 billion over this period. Still, that steady support has only partially cushioned the downside, leaving markets under pressure. Read More: Foreigners Dump Record $12 Billion India Stocks in March on War
(RTTNews) - Paramount Skydance Corp. (PSKY) announced Wednesday that Jeff Shell has elected to step down as the company President and a member of its Board of Directors to focus on the lawsuit regarding violation of certain SEC disclosure rules.
(RTTNews) - Paramount Skydance Corp. (PSKY) announced Wednesday that Jeff Shell has elected to step down as the company President and a member of its Board of Directors to focus on the lawsuit regarding violation of certain SEC disclosure rules.
The artificial intelligence (AI) revolution is just getting started. Global consultancy McKinsey & Co. estimates that companies will invest "almost $7 trillion in global data center infrastructure capital expenditures by 2030." The firm's report observes that this spending figure is roughly the size of the combined GDP of Japan and Germany. "In the United States, AI-related capital expenditures ac...
The artificial intelligence (AI) revolution is just getting started. Global consultancy McKinsey & Co. estimates that companies will invest "almost $7 trillion in global data center infrastructure capital expenditures by 2030." The firm's report observes that this spending figure is roughly the size of the combined GDP of Japan and Germany. "In the United States, AI-related capital expenditures account for about 5% of GDP and have been growing at high-single- to low-double-digit pace," the report concludes. These elevated growth rates are estimated to persist well into the next decade, and perhaps beyond. Want to take advantage? You can do so by buying AI stocks directly. But the smartest move may be to buy stocks not traditionally thought of as "AI stocks" but that still have direct AI exposure. This way, you expose your portfolio to the growth in artificial intelligence at a discount. To accomplish this, start your research with the two stocks below, both of which have monster growth potential thanks to AI. Continue reading
A man pleaded guilty Wednesday in federal court and acknowledged his involvement in an attempt to illegally smuggle migrants to the U.S. when a truck crashed in Mexico in 2021, killing more than 50. (Image credit: AP)
A man pleaded guilty Wednesday in federal court and acknowledged his involvement in an attempt to illegally smuggle migrants to the U.S. when a truck crashed in Mexico in 2021, killing more than 50. (Image credit: AP)
Following the sweeping anti-corruption drive within the Chinese military, President Xi Jinping on Wednesday urged its senior officers to deepen ideological rectification and political refining for a “brand new look” to celebrate the People’s Liberation Army (PLA) centenary next year. Xi told the officers to maintain resolute political loyalty to the party and said that any thought or action driven...
Following the sweeping anti-corruption drive within the Chinese military, President Xi Jinping on Wednesday urged its senior officers to deepen ideological rectification and political refining for a “brand new look” to celebrate the People’s Liberation Army (PLA) centenary next year. Xi told the officers to maintain resolute political loyalty to the party and said that any thought or action driven by self-interest or corruption was “fundamentally against the Communist Party’s nature and...
A batch of exported urea fertilizers is being concentrated at the port for shipment at Yantai Port in Shandong Province, China on March 26, 2026. Cfoto | Future Publishing | Getty Images An unusually powerful El Niño later this year could exacerbate food security fears as disruption caused by the Iran war strains supply for crucial fertilizer products. Climate scientists warn it appears increasing...
A batch of exported urea fertilizers is being concentrated at the port for shipment at Yantai Port in Shandong Province, China on March 26, 2026. Cfoto | Future Publishing | Getty Images An unusually powerful El Niño later this year could exacerbate food security fears as disruption caused by the Iran war strains supply for crucial fertilizer products. Climate scientists warn it appears increasingly likely that a planet-warming El Niño will take shape over the coming months, with U.S. meteorologists estimating a one-in-three chance of a "strong" weather event forming in October to December. European climate models indicate an even higher probability of a very strong or "super El Niño," although the so-called spring barrier means that these forecasts can be inaccurate. El Niño — or "the little boy" in Spanish — is widely recognized as the warming of the sea surface temperature, which occurs naturally every few years. Such an event is declared when sea temperatures in the tropical eastern Pacific rise 0.5 degrees Celsius above the long-term average. A super El Niño, which doesn't have an official scientific category, is understood to refer to an exceptionally strong phase of the El Niño Southern Oscillation (ENSO), when sea surface temperatures in the eastern Pacific rise at least 2 degrees Celsius above normal. Chris Jaccarini, senior analyst, food and farming at the Energy and Climate Intelligence Unit, said 2026 was shaping up to be another year in which conflict and climate risks have become a costly reality. "Food prices are being squeezed from both sides: by climate extremes disrupting production in major growing regions, and by a food system still hooked on fossil fuels and therefore exposed to spikes in gas, fertiliser, transport and packaging costs," Jaccarini told CNBC by email. "That is why the prospect of a strong El Niño matters," he continued. "It can turbocharge weather risks in a climate already destabilised by human emissions, compounding inflation dr...