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Morgan Stanley predicts default rates in direct lending will rise to 8% due to AI disruption in software. High leverage and looming maturities in 2027-2028 may push defaults to peak.

The company has signed a definitive agreement to acquire the intellectual property and brand rights of Morphy Richards in India and select South Asian markets.

David Chao, Global Market Strategist-Asia Pacific at Invesco, said the immediate impact of higher oil prices on Asian economies will be on inflation, not growth. While geopolitical shocks may delay recovery, markets tend to perform better a year after such…

Gold and silver prices in India rose on March 17, with MCX gold for April 2026 delivery up 1% and silver for May 2026 delivery up 2%, influenced by global trends.

The Appellate Tribunal for Electricity (APTEL) has dismissed an appeal filed by Brihanmumbai Electric Supply and Transport Undertaking (BEST) against an earlier order of the Maharashtra Electricity Regulatory Commission (MERC) on parallel licensing.

Anand Shah of ICICI Prudential AMC, which manages funds worth ₹28,318 crore as of February 28, 2026, advises investors to avoid deploying cash aggressively as markets may not have bottomed yet. He recommends gradual allocation through SIPs or staggered investments,…

The Dow Jones is down nearly 8% from its peak, above its 200-day average near 46,500. Short-term oversold conditions hint at a rebound, but a major low may take weeks.

The OFS will be conducted through a separate window on the stock exchanges on March 17 (T day) and March 18 (T+1 day), between 9:15 am and 3:30 pm on both days.

For the third quarter, Redington’s global business, including its Turkish acquisition Arena, grew by 16% from last year, and contributed 46% to the overall topline. The exact contribution from West Asia is not disclosed.

The price revision is aimed at partially offsetting the impact of rising commodity prices and other input costs.