Global Markets: Japanese stocks fall on soft data and post-election moves

Japanese shares fell on Monday after weaker-than-expected economic data and a post-election lull limited price movements.The Nikkei 225 Index fell 0.2% to 56,806.41, while the broader Topix fell 0.8% to 3,787.38. Preliminary gross domestic product (GDP) data from October to December showed Japan’s economy missed economists’ average forecast due to softer capital spending, although it […]

ETMarkets Smart Talk| Budget 2026 should focus on capital investment and customs reforms; no major tax changes likely: Rahul Singh, Tata Asset Management

As markets grapple with global uncertainty, shifting financial flows and a mixed earnings recovery, investors are closely watching the Union Budget 2026 for policy direction and growth cues.In this edition of ETMarkets Smart Talk, Rahul Singh, CIO–Equities at Tata Asset Management, shares his expectations for the upcoming budget, the outlook for valuations and foreign flows, […]

Tata Capital is investing in the issuance of Vodafone Idea bonds

Mumbai: Tata Capital pumped around ₹500 crore into Vodafone Idea’s latest bond sale, people familiar with the ₹3,300-crore fundraising told ET. This demonstrates an increasing exposure of non-banks to stressed but important businesses that otherwise struggle to raise funds from mainstream banks. JM Financial Credit Solutions, Aditya Birla Capital and Hero Fincorp have committed around […]

Novelis’ second quarter net profit rises 27% year over year to $163 million on higher aluminum prices

Novelis expects its cash flows to be negatively impacted by $550-$650 million during the current fiscal year as a result of the fire at its Oswego, New York facility in September. This includes adjusted earnings before interest, taxes, depreciation and amortization of $100 – $150 million.The subsidiary of India’s Hindalco Industries will restart this hot […]