Pre Market Setup (May 6): GIFT Nifty futures up 30 pts; D-Street likely to open in green amid strong FII flows, US-China trade optimism

GIFT Nifty futures rose 31.5 points to 24,592.50 in early trade on Tuesday, suggesting a positive start for benchmark indices amid strong FII inflows, trade optimism, and a sharp rally in the rupee. The mood across Dalal Street remains upbeat following Monday’s close in the green, aided by solid US jobs data and improving sentiment…

Moody’s contrasts India’s stable economy with cash-strapped Pakistan’s as tensions rise

Global ratings agency Moody’s on Monday said it sees India’s macroeconomic conditions as remaining stable even if tensions with Pakistan rise after the horrific terror attack at Pahalgam in which 26 civilians were shot dead. However, sustained escalation in tensions with India would likely hit Pakistan’s economy and hamper the government’s ongoing fiscal consolidation goals,…

Pahalgam Terror Attack: India-Pakistan tensions highest in years, says UN Secretary-General Antonio Guterres

Amid growing tensions between nuclear powers India and Pakistan in the wake of the April 22 terror attack in Pahalgam, Jammu and Kashmir, UN Secretary-General Antonio Guterres said on Monday that it “pains me to see relations reaching a boiling point”. Expressing concern over the situation between the two sides, he said that India-Pakistan tensions…

Himachal Pradesh Weather Update: IMD forecasts rain, hailstorms across State for next three days

Himachal Pradesh Weather Update: Over the last 24 hours, various parts of Himachal Pradesh have experienced rain, thunderstorms, lightning, and hailstorms. This bout of extreme weather comes after nearly three consecutive days of unstable conditions affecting almost all districts, including rainfall, hail, and snowfall in higher altitudes. The India Meteorological Department (IMD) has predicted that…

SEBI mandates cooling-off period for directors moving between competing market institutions

The Securities and Exchange Board of India (SEBI) has introduced stricter rules to improve governance at key market infrastructure institutions (MIIs) such as stock exchanges, clearing corporations, and depositories. In a move aimed at preventing conflicts of interest and ensuring market integrity, the SEBI has made it mandatory for certain directors to observe a cooling-off…