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Danish pension fund Akademikerpension has excluded SpaceX from its investments. The fund cited concerns over the company's governance structure and its high valuation. Akademikerpension believes SpaceX's stock is overvalued, with a market indication of over $1.8 trillion.
SEBI has fined Suzlon Energy Rs 29 crore and several former executives for misrepresenting financial statements, inflating profits via circular transactions, and failing to disclose contingent liabilities, actions deemed serious violations of market regulations and disclosure norms.
The war has curtailed most shipping through the Strait โof Hormuz, a key route for Gulf producers to export aluminium and import raw materials. โTwo regional smelters were hit by Iranian strikes in late March.
She said she was "optimistic" that once the war is โover, supply disruptions will end and there will be a "temporary" impact on inflation and a "minimal" hit to overall economic activity. But Bowman added, "should disruptions persist well into the second half of the year, we could โstart to see broader effects on inflation."
According โ to LSEG Lipper data, investors bought โa net $1.97 billion of U.S. equity funds, compared โwith a net $12 billion of selling in the previous week.
The results underscore a widening split in consumer spending, โwith record-low sentiment driven by the Iran war forcing lower-income households to cut back, even as higher-income shoppers remain selectively willing to spend.
India's residential real estate market is increasingly being dominated by developers who have diversified beyond their 'home' markets to establish multi-regional footprints, the consultant noted.
SEBI has relaxed nomination norms for demat accounts and mutual funds starting September 1, 2026. Nomination is mandatory for single holders unless opted out, but optional for joint accounts. The process is simplified, reducing documentation and enabling digital submissions.