Capital goods stocks stumbled on Friday, led by Siemens' 10% drop, after the company reported a lack of significant private capital expenditure growth in India. Despite this, analysts maintain a positive outlook for the sector, driven by government spending and a private capex cycle focused on decarbonization and energy transition.

The Economic Times

21.12.2024

Climate crisis threatens to exploit and exacerbate division and polarisation: WHO Chief Ghebreyesus - The Economic Times

WHO Director-General highlighted the escalating climate crisis, emphasizing its potential to worsen global divisions. He stressed the urgent need for peace and collaboration, citing the crisis's impact on health. Meanwhile, India showcased its commitment to combating land degradation and desertification at the UNCCD CoP16, underscoring its efforts towards sustainable development.

The Economic Times

21.12.2024

Sebi simplifies offer document requirement for AMCs - The Economic Times

Markets regulator Sebi on Friday simplified the framework for asset management companies (AMCs) by reducing the requirement to upload draft SIDs to 8 working days from 21 days earlier. This is aimed at streamlining the process, reducing timelines, and enhancing investor protection while simplifying compliance for AMCs.

The Economic Times

21.12.2024

How secretive Swiss sought to keep a lid on the Credit Suisse crisis - The Economic Times

A Swiss parliamentary inquiry revealed that secret meetings and mistrust among officials hampered the government's response to Credit Suisse's 2023 collapse. Undocumented "non-meetings" and downplaying of the bank's problems left key ministers uninformed, hindering preparations for the eventual UBS takeover. This secrecy, intended to protect Switzerland's reputation as a financial haven, ultimately contributed to the crisis.

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Siemens sounds alarm: Capital goods stocks plunge amid capex concerns - The Economic Times

Climate crisis threatens to exploit and exacerbate division and polarisation: WHO Chief Ghebreyesus - The Economic Times

Sebi simplifies offer document requirement for AMCs - The Economic Times

How secretive Swiss sought to keep a lid on the Credit Suisse crisis - The Economic Times

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