Malavika Kaur Makol

The Sri Lankan rupee surged more than 2% after the central bank cut the period for converting export proceeds into the local currency.

Asset manager Ninety One has increased its holdings in Turkish defense electronics maker Aselsan Elektronik Sanayi Ve Ticaret AS , seeing the company as a way to diversify from the artificial-intelligence trade that's dominating global markets.

Asset manager Ninety One has increased its holdings in Turkish defense electronics maker Aselsan Elektronik Sanayi Ve Ticaret AS, seeing the company as a way to diversify from the artificial-intelligence trade that’s dominating global markets.

State Bank of India is planning to introduce Indian rupee-denominated deposits in Sri Lanka, a move aimed at encouraging wider use of the currency in trade and investment between the neighboring nations.

India’s largest actively managed equity fund is betting against investor fears over artificial intelligence’s impact on the outsourcing industry as it snaps up the nation’s beaten-down IT stocks.

Indian markets are showing signs of recovery, but volatile oil prices, a delayed monsoon, and uneven stock valuations could eat into those gains. Four financial experts point to investment opportunities in an otherwise nervous market.

India’s central bank allowed lenders to extend loans against foreign-currency deposits raised under its special program aimed at attracting overseas funds, a move that could increase participation in the plan and boost dollar inflows.

Just when it looked like emerging-market bonds would catch a break from falling energy prices, along came Federal Reserve Chairman Kevin Warsh to spoil the party.

India’s food regulator issued nine notices to Swiggy Ltd.’s quick commerce unit Instamart following consumer complaints alleging supply of expired, spoiled and contaminated food products through it.

Investors are rotating beyond AI winners in emerging markets, where just three technology stocks worth $4.4 trillion drive an outsized share of returns.