iShares India 50

Co-Diagnostics

NewGenIvf

Liminatus Pharma

Agape ATP

Netcapital

Tradr 2X Long QBTS Daily ETF

Tradr 2X Long RGTI Daily ETF

Defiance Daily Target 2X Long RGTI ETF

Sunshine Biopharma

Wheeler Real Estate

INDY

India's power demand reached a new peak of 270.82 GW on Thursday, driven by extreme heat and heatwaves, surpassing last summer's peak of 243 GW. This marks the fourth consecutive peak in May, with expectations that demand may exceed 275 GW in the coming weeks. The India Meteorological Department forecasts continued heatwave conditions in Delhi. Power supply companies are implementing advanced technologies and arrangements to ensure reliable electricity for millions of consumers.

Business Standard

India's peak power demand crosses projected 270 GW amid heatwave

India has increased petrol and diesel prices by approximately 3 rupees ($0.03) per litre for the first time in four years, as reported by retailers in Delhi. This move aims to recover losses from rising global oil prices. A litre of diesel will now cost 90.67 rupees and petrol 97.77 rupees. Major state-run companies control over 90% of the fuel stations and typically adjust prices together.

India hikes petrol and diesel prices by about 3 rupees/litre, retailers say

INDA

India's municipal bond market is set to expand as nearly a dozen cities prepare to issue bonds for the first time, driven by regulatory support and fiscal incentives. At least seven municipal bodies in Maharashtra aim to raise around 33 billion rupees ($340.8 million). The government has introduced measures to encourage bond issuance, including interest subsidies and incentives for first-time issuers. Major investors include the National Bank for Financing Infrastructure and Development.

Yahoo Finance

ISHRS MSCI India

Wtree India Earnings

India's muni bond market expands as nearly dozen cities set for debut issues

VNAM

KPHO

Việt Nam and India are enhancing agricultural ties, leveraging Việt Nam's export capabilities and India's production strengths. The recent Asia Agri Food International conference highlighted opportunities for cooperation in agri-commodities, logistics, and technology. Both nations aim to boost bilateral trade to $25 billion by 2030, with Việt Nam's strategic role in the global agricultural value chain emphasized. The partnership is seen as vital for addressing food security and sustainable supply chains amid global challenges.

Vietnam News

VanEck Vietnam ETF

Global X MSCI Vietnam ETF

KraneShares Dragon Cptl Vtnm Gr Idx ETF

India, Việt Nam eye stronger agricultural-food ties

09836

The UN has lowered India's 2026 GDP growth forecast to 6.4% from 6.6%, citing global uncertainties and the West Asia crisis. Despite this, India remains one of the fastest-growing major economies. The crisis is impacting growth and inflation, complicating monetary policy. The report highlights India's robust growth driven by consumer demand and public investment, although higher energy import costs pose challenges. Global GDP growth is also projected to be lower than pre-pandemic levels.

- The United Nations has revised India's economic growth forecast for 2026 to 6.4% from 6.6%, citing global uncertainties and impacts from the West Asia crisis.  
- Despite this revision, India remains among the fastest-growing major economies, driven by consumer demand and strong service exports, though it faces challenges from higher energy costs and global financial tightening.  
- The report indicates that global GDP growth is projected at 2.5% for 2026, reflecting ongoing economic pressures and the effects of rising import costs on exports.

ISHARES INDIA-U

UN cuts India's 2026 GDP forecast to 6.4% citing global uncertainties

FLIN

Indian firms are increasingly opting for floating-rate bonds to manage borrowing costs amid looming interest rate hikes. Four non-banking finance companies plan to raise approximately 85.50 billion rupees ($887.74 million) through these bonds, which offer lower initial costs and rising returns for investors. The Reserve Bank of India is expected to raise rates, driven by high inflation and oil prices, making floating-rate debt more attractive compared to fixed-rate options.

Franklin FTSE India

Indian firms turn to floating-rate debt as interest rate hikes loom

03015

India has inaugurated the Million Minds Tech City in Gujarat, aiming to create over 70,000 tech jobs. However, global investors are exiting, with $42 billion withdrawn from Indian markets since 2025. The Nifty 50 index is down over 9% this year, as investors favor semiconductor powerhouses like Taiwan and South Korea. Despite India's strong AI talent, the lack of major chip manufacturers hampers market performance, leading to a significant drop in foreign investment and a shift in market sentiment.

Cryptopolitan

X TRNIFTY50

Taiwan Semiconductor

Goldman Sachs

GS Hldg R

India talks big on AI, but markets are walking away

CRAK

India is facing economic challenges due to a spike in energy prices caused by the Iran war, leading to crisis measures from policymakers. The conflict has disrupted global energy supplies, making imports more expensive and deterring foreign investment. Economists have downgraded growth forecasts and raised inflation projections, predicting a current account deficit of 2.5% of GDP for the fiscal year ending March 2027. The rupee has fallen over 5%, and foreign investors have withdrawn more than $20 billion from Indian equities since the war began. Policymakers are urging consumption cuts and have increased tariffs on precious metal imports to stabilize the economy.

- Due to rising energy prices from the Iran conflict, India's macroeconomic outlook has become uncertain, prompting crisis measures to shield the economy.  
- Economists have downgraded growth forecasts and expect a widening current account deficit, with the rupee under pressure as India heavily relies on oil imports.  
- Policymakers are calling for reduced foreign currency consumption and have raised import tariffs on precious metals to stabilize the currency amid substantial capital outflows.

Ps India Port

VanEck Oil Refiners ETF

SPDR O&G Equip

iShares US Oil & Gas Expl & Prod

Pro Ultr Bloomberg Crude Oil

SPDR O&G Ex & Prd

VanEck Oil Services ETF

India races to shield economy from Iran war-driven oil shock, capital stress

Indian banks and brokers are not liable for taxes owed by local representatives of offshore funds, according to a clarification from the Securities and Exchange Board of India (SEBI). This decision, which follows consultations with the tax department, aims to ease concerns that had delayed fund launches. The clarification is expected to facilitate the processing of pending foreign investor applications, as foreign investors have recently been net sellers of Indian equities, offloading $23 billion in 2026. A public announcement on this matter will be made soon by Indian depositories.

Nippon Life Insurance Co.

Xtrackers Nifty 500 India ETF

Indian regulator clarifies banks, brokers not liable for offshore funds' tax dues, sources say

02836

The Reserve Bank of India's exemption for smaller non-banking financial companies (NBFCs) from registration requirements is expected to enhance corporate participation in equity markets. This move alleviates concerns for entities wary of becoming 'accidental NBFCs' due to income thresholds. Market experts believe this will encourage greater investment in listed equities and other instruments, providing regulatory clarity and comfort for compliance-focused corporates. The new classification of 'Unregistered Type I NBFCs' will take effect from July 1, allowing eligible entities to operate without mandatory registration.

ISHARES INDIA

RBI NBFC relief may boost corporate participation in equity markets further

iShares India 50(INDY.US)