Business

Moody’s Affirms Ratings for Seven Adani Group Companies, Outlook Changed to Negative Amid Legal Challenges

Fitch Places Adani Energy Solutions and Adani Electricity Mumbai Default Ratings on Negative Watch Due to Bribery Charges

US Government Clears Adani Group of Fraud Allegations, Approves $553 Million Loan for Sri Lanka Port Project: Bloomberg

Gautam Adani, Sagar Adani Summoned by U.S. SEC in US Bribery Case, Given 21 Days to Respond

Japan Unveils $140B Stimulus Package to Boost Consumer Spending

S&P Global Downgrades Outlook on Adani Group Entities Amid Bribery Allegations

Gautam Adani and Executives Indicted in $250 Million Bribery and Fraud Scheme to Secure Solar Contracts

Super Micro Computer Faces Nasdaq Delisting After Delayed Filings, 83% Drop in Stock

CLSA Overweights India Amid China’s Struggles, While Citi Downgrades Indian Equities Over Slower Earnings Growth

India’s Economy in a Sweet Spot: Moody’s Projects 7.2% Growth for 2024, Goldman Sachs Sees 6.3% Growth in 2025, Below Consensus

Economy in Charts: Asian Markets Slide as China’s Economic Support Falls Short; Indian Rupee Hits Record Low, Tesla Shorts Lose $5.2B, S&P 500 Hits Best Election Year in 88 Years

U.S. Recession Odds at 75% Amid Inflation & Tariff Concerns; U.S. Equity Funds See $37.37B Inflows, Emerging Markets Face $25.5B Outflow in October

October 2024: Mutual Funds Hold Record Cash Reserves Amid Market Weakness

China Approves 6 Trillion Yuan Stimulus to Boost Local Government Debt Limits and Tackle Hidden Debts

Reliance Industries and Disney Form Joint Venture with RIL at 16.34%, Viacom18 at 46.82%, and Disney at 36.84%