Gross direct premium income (GDPI) rose 2.3% on year to ₹6,211 crore in Q4, outpacing industry growth of 1.7%. However, due to a change in accounting norms for long-term products effective October 2024, the full-year numbers are not strictly comparable, the company said. On the fire side, the company is expecting double-digit growth for the industry.

Accounting for February data, total ECB registrations stood at $50.1 billion in the April-February period of FY25. Asia s oldest steelmaker raised $750 million through ECBs maturing in 6 years for overseas investment in JVs and wholly-owned subsidiaries, the RBI data showed.

Analysts said the optimism on receding tariff uncertainty, following the 90-day pause on activation, and exemptions on items that have the greatest dependence on elaborate Asian supply chains, are expected to drive the benchmark Nifty toward 24,000.

Contracts for the Nasdaq 100 fell more than 1.4% in early trading and S&P 500 futures dropped 0.9% after Nvidia slumped in after-hours trading. Gold, a safe haven asset that tends to gain when risk assets drop, hit a new record on Wednesday. Bonds held on to the previous session’s gains driven by a Treasury official’s comment on potential rule change that could lower trading costs for banks. The dollar slipped.

Capital markets regulator Sebi has issued an interim order against Gensol Engineering and its promoters -- Anmol Singh Jaggi and Puneet Singh Jaggi -- after finding issues of financial mismanagement and fund diversion.

U.S. stocks edged lower on Tuesday amid persistent tariff uncertainties and declines in consumer and healthcare sectors, offsetting support from positive bank earnings. Trade policy concerns, particularly regarding U.S.-China relations, weighed heavily on market sentiment, overshadowing otherwise solid earnings reports. Investors are closely monitoring trade developments and their potential impact on future earnings guidance.

Oil prices show stability amid U.S. trade policy shifts. The U.S.-China trade war impacts economic growth and energy demand. Global oil demand growth may slow down in 2025. The International Energy Agency cuts its oil demand forecast. Rising output from OPEC+ also affects prices. Trade tensions lead banks to cut crude price forecasts.

The dollar experienced a slight recovery on Wednesday. Investors paused after weeks of selling. Markets are awaiting progress on US trade talks. Chinese economic data is expected. Federal Reserve Chairman Jerome Powell is scheduled to speak. The Bank of Canada may cut rates. Sterling hit a six-month high. The US dollar index hovered near 100.

Gold prices hit a record high on Wednesday. This surge happened because of a weaker dollar and trade war worries. Concerns about global economic growth also played a role. Investors are now waiting for U.S. retail sales data. This data will provide insights into the economy. ANZ has raised its gold price forecast for the year end.