
US Midterms: AI Investment Cycle Safe, But Government Shutdown Risks Loom
ICICI Bank report suggests US midterm elections won't derail AI investment, though government shutdowns and debt ceiling clashes loom.
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ICICI Bank report suggests US midterm elections won't derail AI investment, though government shutdowns and debt ceiling clashes loom.

Indian stock markets surge for a second day driven by FII buying and lower crude prices, despite US-Iran geopolitical tensions.

SBI Research warns that India's FY27 fiscal deficit could exceed budget targets by Rs 1.2 lakh crore due to subsidies and lower tax receipts.

Weak demand pushes Treasury bill yields to a one-year high. ICICI Bank predicts 10-year bond yields to stay between 7.30-7.45%.

SBI Research suggests the government can abolish LTCG tax without hurting fiscal goals, proposing STT hikes to offset revenue losses.

Union Minister Pralhad Joshi reveals that over Rs 6 lakh crore has flowed into India's renewable energy sector in two years.

Germany reaffirms its long-term partnership in India's energy transition at the Bharat Renewable Energy Summit 2026, as PM Modi sets bold clean energy goals.

SEBI reduces the cooling-off period to 8 weeks for OFS of illiquid private listed InvITs to boost ease of doing business.

Finance Minister Nirmala Sitharaman urges Tata Group and Tata Trusts to resolve internal differences amicably to protect India's economy.

Petronet LNG reports record Q2 profits despite Strait of Hormuz disruptions, driven by operational efficiency and alternative supply routes.

Union Minister Piyush Goyal discusses funding, patent approvals, and regulatory easing to boost India's biopharma and biotechnology sector.

Union Minister Nitin Gadkari urges agricultural diversification into biofuels to slash India's Rs 22 lakh crore fossil fuel import bill.

State-run oil giants IOCL, BPCL, and HPCL launch a Rs 1,320 crore tender to procure 15 crore litres of biodiesel for blending.

US MARAD approves ST LNG's $8.2 billion Texas project, boosting US-India energy cooperation and creating thousands of jobs.

Minister Nitesh Rane announces a new maritime policy for Maharashtra featuring red carpet treatment and single-window clearances for investors.

Finance Minister Nirmala Sitharaman acknowledges FPI concerns over India's investment climate and pledges to consider investor feedback.

Finance Minister Nirmala Sitharaman urges industry leaders to stop second-guessing and embrace India's robust economic growth narrative.

PM Narendra Modi warns that fossil fuel reliance disrupts the global economy and highlights India's massive strides in renewable energy.

Indian equity markets hit one-month highs with Sensex and Nifty surging over 1.6% driven by strong corporate earnings and robust GST collections.

IndiGo CEO Willie Walsh reveals plans to operate from both CSMIA and Navi Mumbai Airport to drive growth and increase capacity.

Spandana Sphoorty Financial hit by a major cyber attack; Rs 7.80 crore siphoned into 82 accounts. Company files insurance claim to recover losses.

Foreign Secretary Vikram Misri visits UAE to scale up investment flows and advance the House of India cultural project in Abu Dhabi.

Economist Jeffrey Sachs describes Adani Group as a major driver of India's infrastructure growth and praises its social responsibility model.

Finance Minister Nirmala Sitharaman outlines the strategy to sustain India's growth through capital expenditure and strict fiscal discipline.