ANTELIC

Foreign institutional investors (FIIs) have sold over ₹30,374 crore worth of Indian equities in May 2026 alone, pushing total net outflows on year‑to‑date basis to a staggering ₹2.22 lakh crore, forcing policymakers and market participants to reassess the outlook for India’s equity market. What began as a cautious foreign‑capital exit in early 2026 has turned into one of … Read more

Fairfax India Holdings Secures Majority Control in IIFL Capital with $211 Million Infusion. Canadian billionaire Prem Watsa’s Fairfax India will hike its stake to 51% in IIFL Capital Services Ltd. via a ₹2,000 crore ($211 million) investment, announced May 7, 2026, marking a pivotal vote of confidence in India’s wealth management boom. Deal Structure The … Read more

India’s government is set to divest a 3-4% stake in state-run Coal India Ltd., valued at ₹10,000 crore ($1.06 billion), via an offer-for-sale (OFS) route. The move, reported exclusively by CNBC-TV18 on May 7, 2026, underscores the Modi administration’s aggressive push to meet FY27 disinvestment targets amid fiscal pressures. Stake Sale Mechanics The divestment involves … Read more

India’s Reserve Bank (RBI) has significantly boosted its gold holdings in foreign exchange reserves, reaching about 12-17% share by early 2026 amid global uncertainties and rising bullion prices. This diversification strategy strengthens the rupee and cushions against dollar volatility, with reserves hitting $697 billion recently. Gold’s Rising Dominance in RBI Reserves RBI’s gold reserves jumped … Read more

Global markets opened mixed on April 30, 2026, with surging oil prices fueled by US-Iran tensions overshadowing a tech sector spending spree on AI infrastructure. Investors brace for Federal Reserve signals amid inflation fears, as crude hits multi-year highs. Oil Surge Shadows Markets Crude oil prices skyrocketed, with WTI topping $110 and Brent nearing $126—a … Read more

India’s foreign exchange reserves blasted back above the magic $700 billion mark, jumping $3.825 billion to $700.946 billion for the week ended April 10 – a robust rebound after US-Iran oil turmoil slashed them to $697B lows. This third straight weekly gain underscores RBI’s masterful interventions, reclaiming buffer strength amid global chaos and shielding the rupee from further routs. Breakdown of Reserve Boost … Read more

The Indian rupee staged a stunning comeback Friday, closing 0.3% stronger at 92.9250 against the dollar – its best day in weeks – thanks to RBI’s timely measures curbing oil giants’ dollar thirst. After hitting a record low of 95.21 on March 30 amid US-Iran war oil shocks, the currency clawed back ~2.5% since late March, narrowing its Asia laggard status to second-best regional gainer. … Read more