Investors turn bullish on Indian stocks after a year of underperformance

Investors turn bullish on Indian stocks after a year of underperformance

Key Points Investors said Indian valuations have become cheaper compared to other emerging markets, and the domestic economic outlook is improving. “We think Indian equities now look attractive on a regional basis and upgrade the market to overweight (from neutral),” HSBC analysts said. Market participants said the 50% tariffs imposed on Indian exports to the…

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AI finance startup Light raises funding from Revolut backer Balderton

AI finance startup Light raises funding from Revolut backer Balderton

Light uses artificial intelligence to automate companies’ finance and accounting functions. Light Danish startup Light is the latest in a series of European tech firms raising cash as venture capitalists search for the next big thing in artificial intelligence. Founded in 2022, Light develops software that uses AI to automate various functions that exist within…

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