Episode Details

After a volatile start driven by war jitters, markets staged a sharp late rebound, aided by value buying and a record rupee surge following RBI’s clampdown on speculative currency trades that may have unwound up to $40 billion. Yet, macro pressures persist, with West Asia tensions set to inflate India’s import bill. Stress is also emerging in the power sector, as coal shortages hit coastal plants ahead of peak summer demand. Meanwhile, tax scrutiny on global trading firm Jane Street and fresh opportunities from tech layoffs signal shifting dynamics across finance and IT.