India

Massive flash floods swept through parts of Nepal after an avalanche of ice and rock triggered by a glacier. The resulting disaster left at least eight people killed and hundreds missing, causing widespread damage to villages and infrastructure near rivers like Bhotekoshi. Climate experts noted that the event is linked to accelerating glacial melting due to climate change in the warming Himalaya region.

Flash floods in Nepal, triggered by an avalanche of ice and rock, resulted in at least eight deaths and left hundreds missing. The flash flood destroyed several villages and damaged infrastructure, including roads and hydropower projects near the Bhotekoshi River. Experts suggest that increasing global temperatures are causing accelerated glacier melt and making the Himalayan region vulnerable to such extreme weather events.

An avalanche triggered massive flash floods in Nepal, killing at least eight people and leaving hundreds of tourists missing. The flood swept through areas near rivers such as Bhotekoshi, destroying villages and critical infrastructure. Climate experts linked the event to a glacial surge caused by climate change in the warming Himalaya region.

Indian refiners will divert 350,000 tons of sugar, which was originally headed offshore, into the local market. Authorities cleared this move specifically in an effort to ease a reported supply crunch.

JioBlackRock MD and CEO Sid Swaminathan discussed India’s growing retail investor base. He shared his optimism regarding the future of India's financial markets during an exclusive appearance on "Insight with Haslinda Amin." (Source: Bloomberg)

Student visas reportedly dropped 23% in 2025. Countries impacted by Trump’s travel ban reported having among the fewest student visas issued that year. China and India, typically the two largest sources of international students to the U.S., were also significantly affected.

Indian refiners are scaling back their purchases of Russian crude from previous elevated levels. This reduction in buying activity is occurring because Ukrainian attacks have disrupted supply flows originating from Russia's top supplier.

Purple Style Labs, the operator of Pernia’s Pop-Up Shop, plans to sell shares through an initial public offering in India next week. The move is intended to capitalize on the demand for elaborate weddings and occasion wear in the world's most populous nation.

The government is emerging as a force in India’s equity fundraising boom. Specifically, Modi’s administration appears well-placed to meet its divestment target.

An asset manager that runs India’s largest actively managed equity plan has lowered the minimum investment threshold for its overseas fund. This adjustment allows Indian residents to invest globally using the country's tax-free financial hub.

India approved the transfer of technology for all conventional missile systems developed by its state-run defense research agency. This approval allows domestic manufacturers to locally produce the weapons. The decision facilitates national capability in advanced weaponry manufacturing.

The Trump administration plans a hefty new fee for H-1B visas following an earlier court defeat. Given that Indians comprise nearly 70% of visas issued under the program, this proposal could have significant implications for India.

Rescuers are searching for 22 missing sailors after their Panama-flagged cargo ship sank. The sinking took place in the Bay of Bengal, off the coast of India. Despite the search efforts, no trace of the vessel has been found.

India attracted $73 billion in inflows over the course of 11 weeks. This substantial influx was primarily driven by foreign currency bank deposits made specifically by non-resident Indians.

HSBC Holdings Plc has purchased at least $3 billion of Indian government bonds since July. These funds were deployed using a large pool derived from a special diaspora dollar deposit program.

Cholamandalam Investment and Finance Co., one of India’s biggest shadow lenders, plans to raise up to 20 billion rupees ($209 million). This funding will come through the issuance of perpetual bonds. The deal is noted as the largest such debt sale by a private financier in the country.

Indian IT services giant Tata Consultancy Services (TCS) has secured a $1.5 billion contract. This deal involves deploying Artificial Intelligence (AI) technology for German sports carmaker Porsche.

Bessent’s actions regarding Iran are clouding the outlook for India's Rupee and stocks. Furthermore, a US Treasury Secretary issued a threat of economic punishment against any country that conducts business with Iran.

Indian traders are preparing for their first monthly derivatives expiry using a new auction-based system for end-of-day stock prices. This event is viewed as a crucial test for the mechanism, which has previously faced criticism due to sharp swings and allegations of manipulation.

India, a major wheat producer, has lifted its years-long ban on exporting the grain. This move is anticipated to boost global trade and could ease international supplies. These global supplies are currently under strain due to escalating attacks between Russia and Ukraine.

A JPMorgan Chase & Co. unit faces allegations of non-compliance from India’s market regulator. The unit is expected to contend that the regulatory breach was technical in nature, arguing against claims of manipulation.

India's markets regulator rejected settlement applications from overseas funds with significant stakes in Adani Group companies. The rejection occurred because the proposed terms submitted by these funds did not meet the requirements set by the regulator.

Indian equity deals achieved record levels while facing struggles in the secondary market. This activity was supported by various buyers, including domestic mutual funds, insurers, and retail investors.

Citigroup Inc. has partnered with Axis Bank Ltd. to facilitate financial investments for non-resident Indians. This collaboration allows individuals to finance foreign-currency deposits by utilizing the services of the local lender.

India's equity capital market is projected to have its best month on record this August. This positive outlook is attributed to ample domestic liquidity continuing to boost demand for new shares, helping the sector buck a lackluster stock market.

A search and rescue operation is currently underway off India’s eastern coast. The effort began after a distress alert and loss of contact involving a Panama-flagged cargo ship. During this incident, two individuals were rescued.

India launched search-and-rescue operations for the crew members of cargo ship MV OCEAN WINNER in the Bay of Bengal. The rescue efforts followed India receiving a distress alert concerning the vessel. Ultimately, two crew members were rescued from the total group of 24.

The Middle East conflict has exposed energy security vulnerabilities for New Delhi. These vulnerabilities are highlighted by India's increasingly high reliance on Russian oil, which has reached an all-time peak.

India's External Affairs Minister S. Jaishankar will visit Russia to co-chair the 27th India-Russia Inter-Governmental Commission meeting. This commission will focus on collaboration across trade, science, technology, and culture.

India garnered over $65 billion through special foreign currency deposits. These latest figures, reported by the central bank, indicate inflows from India's 35 million-strong diaspora.

India's atomic power sector is undergoing an opening for investors. Individuals seeking entry into this field will likely face scrutiny regarding a specific ability: safeguarding critical infrastructure.

Goldman Sachs Group Inc. is expanding its presence in India's deal landscape. The firm is making inroads into the market segment of government share sales, a corner previously considered nearly exclusive to local finance giants.

India's economic activity remained subdued in August according to a flash survey by HSBC Holdings Plc. The slowdown was primarily driven by manufacturing, though this decline was partially offset by slight growth observed in the services sector.

Asian shares showed mixed performance following losses on Wall Street, as a U.S. Treasury plan to boost government debt buybacks had only limited capacity to calm markets. The latest climb in bond yields has weighed on share prices, despite the announcement that the repurchase program could be larger. Global movements included oil falling slightly and major US indices dropping.

Deputy Governor Poonam Gupta stated that India's economic growth may reach closer to 7% in the financial year through March. This projected pace is stronger than the central bank’s existing 6.7% forecast from the RBI. Such a rate would maintain India among the world's fastest-growing major economies.

The Trump administration plans to impose an unprecedented level of economic warfare and isolation on Iran, aiming to end its nuclear program and reopen the Strait of Hormuz. This effort follows decades of sanctions and is being promoted by officials who are strategizing for a capitulation from Tehran. The Treasury Secretary warned that the U.S. government would put full might against nations and companies conducting business with Iran, including major buyers like China and India.

India bond traders reacted negatively following the release of surprisingly hawkish minutes by the RBI. Furthermore, yields could potentially drift higher due to fading inflows from the foreign-currency deposit scheme.

India’s securities regulator issued an interim order against a JPMorgan Chase & Co. unit in record time. Market watchers suggest this rapid action serves as a warning that could deter attempts to manipulate the country's new closing stock auction.

India’s troubled SpiceJet reportedly secured a last-minute break. Additionally, the newsletter mentions that a food safety regulator is taking action.

Homegrown private credit firms are gaining market share by taking lending deals from global funds within India. These local firms are achieving this due to having larger capital pools and a growing interest in bigger transactions.