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RBI Must Shun Excessive FX Market Intervention, Former Head Says

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsChicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesNYPD Reforms Car Chase Policy Amid Rising Crashes, InjuriesChurches, Cinemas — and Moon Artifacts — Top List of Endangered MonumentsIndia’s central ba

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Tesla’s Asian Rivals Pull Ahead in India’s Nascent EV Market

(Bloomberg) -- Suzuki Motor Corp.’s India unit, BYD Co. and VinFast Auto Ltd. are among carmakers gearing to showcase their new electric vehicles in New Delhi as the fight intensifies for the fastest-growing major automobile market where Tesla Inc. is conspicuous by its absence.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsChicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesNYPD Reforms Car Chase Po

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Compass stock jumps 20% as it raises outlook

Compass' Robert Reffkin (Compas, Getty)Compass gave investors some positive news on Wednesday, raising its fourth quarter and full-year outlooks. Its stock jumped over 20 percent following the announcement, reversing a more-than month-long tailspin. Earlier this week, Compass also announced that it closed on its $444 million deal for @properties and Christie’s International Real Estate. The company raised its full-year revenue […]This article originally appeared on The Real Deal. Click here to r

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Analysis-Inflation revival persists as market risk despite CPI-fueled rally

A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and investors warn that markets are likely to remain anxious about the pace of inflation. The path ahead remains shadowed by ongoing uncertainty about the outlook for further Federal Reserve interest rate cuts and incoming president Donald Trump's actions on issues like taxes and tariffs, market participants said. While the consumer price index for December rose at a faster-than-expected pace, markets seized on the core CPI, which excludes the volatile food and energy components.

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