AI's ambitious spending faces a funding crunch, shifting from internal cash to debt, raising investor concerns. Experts highlight energy and skilled labour shortages as the real hurdles, not technology itself. This reality may redirect investment from US tech giants towards infrastructure, power sectors, and emerging markets like China and India, promising sustainable returns.
India's Insurance Act Amendment Bill, 'Sabka Bima Sabki Raksha,' aims for a structural overhaul of the insurance sector, including amendments to the LIC Act. The bill's omission of open architecture for individual agents is seen as a relief for LIC, which relies heavily on its agent network.
December is turning out to be a difficult month for investors, with the Nifty falling 1.3% so far, and experts see it to be a stock picker's market. ETMarkets has compiled a list of 5 technical and fundamental picks recommended by top brokerages to buy this week. While the technical picks are opportunities to make short-term gains, two fundamental picks are recommended as portfolio stocks. Take a look!
Japan's 10-year government bond yield surged to an 18-year peak of 1.980% on Wednesday, fueled by concerns over the government's record-breaking draft budget for fiscal 2026, which is projected to exceed 120 trillion yen. This fiscal worry, coupled with expectations of Bank of Japan rate hikes, prompted investors to sell longer-dated bonds, pushing yields higher across the curve.
Jefferies has reiterated its Buy rating on Eternal with a target price of Rs 480, citing strong growth prospects, improving unit economics and limited impact from Swiggys fundraising and Zeptos potential IPO on competitive dynamics.
Pakistan's Field Marshal Asim Munir faces a critical test as Washington urges troop contributions to a Gaza stabilisation force. This move, potentially crucial for securing US investment and aid, risks significant domestic backlash from anti-Israel Islamist groups and political rivals.
