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Jefferies’ Christopher Wood sees Pakistan as IMF-driven tactical trade, remains positive on India long term​Business News Today: Stock Markets, Financial News, India Business & World Business News

Global equity strategist Christopher Wood notes Pakistan’s recent stock surge is an IMF-driven rebound, not a structural shift. He views Pakistan as a high-beta trading opportunity tied to bailout cycles, contrasting it with India’s stronger long-term investment potential due to its robust fundamentals and consistent earnings.

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‘Great!’ Trump reacts as ‘wave of empty tankers’ head for American oil​Business News Today: Stock Markets, Financial News, India Business & World Business News

President Trump reacted positively to a social media post indicating a surge of empty tankers heading to the U.S. to collect crude oil. This follows his assertion that the Strait of Hormuz will be opened, with or without Iran, ahead of high-level talks in Pakistan. Trump also stated the U.S.

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US-Iran conflict: At nearly $700 billion, how India’s forex reserves are a strong armour against global crises​Business News Today: Stock Markets, Financial News, India Business & World Business News

Fundamentally, foreign exchange reserves tell us about a country’s ability to service its external debt. The more robust the cover, the better a country’s position of economic strength. So how strong is India placed in terms of foreign exchange reserves?

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