Having suspended the Indus Waters Treaty (IWT), India requested the World Bank's impartial expert, Michel Lino, to suspend proceedings regarding disputes on the Ratle and Kishanganga hydropower projects, as per Indian Express's report. Lino, a French hydropower and dam engineer, has been dealing with this conflict since 2022. He was selected by the World Bank according to the guidelines of the treaty....
Investcraft Market Updates
Tensions in the Middle East have risen sharply after the US joined Israel in launching an attack on Iran. In response, Iran’s parliament has reportedly approved the closure of the Strait of Hormuz—a vital sea route through which nearly 20% of the world’s oil and LNG (liquefied natural gas) is transported. Although Iran has threatened to block this waterway before, it has never done so because it...
On June 18, silver prices continued their strong upward trend, hitting new all-time highs due to multiple supporting factors. July silver futures on the MCX reached ₹1,09,748 per kg, breaking the previous day’s record. September futures surged even higher to ₹1,11,000 per kg. This marks a significant 25% gain from the low of ₹88,050 per kg, highlighting silver’s recent momentum. In contrast,...
While gems, jewellery, and electrical machinery remain the mainstays of trade between India and Israel, it is the arms and ammunition sector that has grown the fastest over the past ten years. Even though Israel’s overall exports to India have decreased, a review by Moneycontrol shows that arms trade between the two countries rose sharply—by 33 times—between 2015 and 2024. In 2024, the weapons...
India’s central bank, led by new Governor Sanjay Malhotra, is confusing investors and markets with mixed signals about its monetary policy. While it’s taking aggressive steps to stimulate the economy, some of its decisions seem to contradict each other. Last week, the Reserve Bank of India (RBI) surprised analysts by cutting interest rates more than expected and announcing a major cash injection for...
Bharti Airtel has signed a long-term agreement with Swedish company Ericsson to manage its nationwide network through a centralized Network Operations Center (NOC). This strengthens the existing partnership between the two companies and supports their joint efforts to accelerate 5G deployment in India. The new deal builds on their earlier work together on Airtel’s 5G Core. Under this agreement, Ericsson...
On June 6, the RBI is expected to announce a third straight 25 bps rate cut after its bi-monthly Monetary Policy Committee meeting, helped by low inflation (3.16% in April). A likely cut in the Cash Reserve Ratio (CRR) will improve liquidity, giving banks more funds to lend. This could benefit real estate—developers might access more capital, and banks may reduce home loan rates, boosting demand in the...
Apple has chosen the Tata Group to take over iPhone and MacBook repair operations in India, showing the tech giant’s growing trust in the Indian conglomerate. This move strengthens Tata's role in Apple’s supply chain as Apple shifts focus away from China. Tata already assembles iPhones in three factories in South India, and now, it will also handle after-sales repairs from its Karnataka campus. This...
Billionaire investor Ray Dalio has raised alarms over the rising U.S. debt, warning that it could lead to an “economic heart attack.” He believes the country's growing debt burden and rising interest payments are becoming unsustainable and may soon overwhelm government finances. Dalio noted that the U.S. is running a massive $2 trillion budget deficit this year, adding to a national debt of around $30...
Want a party dress in less than an hour? Many young Indian consumers do—and startups are scrambling to cash in on the new demand. Spurred by Gen Z's enthusiasm for spontaneity, social media phenomena, and instant gratification, a new market is unfolding: ultra-fast fashion. Firms such as Slikk, NEWME, Blip, Knot, and big platforms such as Myntra and...