Bhaskar Dutta

Emerging-market equities fell for a second day and are headed for a weekly decline as concerns over stretched AI valuations dragged technology shares lower, triggering a selloff across Asia.

India’s central bank stepped into the foreign exchange markets to support the rupee after the currency weakened toward a record low as a renewed surge in crude prices weighed on sentiment.

India's Education Minister Dharmendra Pradhan resigned on Saturday after protests over exam paper leaks, marking the biggest concession yet by the government to one of the country's largest student movements in years.

India's youth protesters called off their nationwide demonstrations after the government accepted their key demands including the resignation of

India said trade negotiations with the US have helped place it in the “lower tier” of additional tariffs imposed by President Donald Trump’s administration, allowing the country to secure an advantage for key exports.

India is not planning to reconsider its budget numbers for now as the country has sufficient buffers to deal with pressures stemming from the Middle East conflict, Finance Minister Nirmala Sitharaman said.

HSBC Holdings Plc has offered high leverage to capture about $5.5 billion so far in non-resident Indian deposits, helping it race ahead of some global rivals in the chase for diaspora wealth, according to people familiar with the matter.

HSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, outpacing global rivals. The strategy has helped attract diaspora wealth, contributing to the roughly $32 billion raised by Indian banks through foreign currency deposits.

HSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, outpacing global rivals.

India’s central bank sold about $7 billion to defend the rupee on Friday, in what was one of its largest direct interventions in months, according to people familiar with the matter.