Hedge Funds Return to US Treasury Swap Spread Strategy

Traders are aggressively re-entering the swap spread widener trade, betting on US Treasuries outperforming interest rate swaps. The strategy regained momentum after geopolitical tensions eased, with the 30-year spread hitting its widest since December 202

Sensex Slumps 770 Points, Nifty Below 25,050

Indian stock markets witnessed a sharp decline as the BSE Sensex plummeted by 770 points and the Nifty 50 fell below the 25,050 mark, driven by global cues and domestic concerns.

Delhi's Narela to Get World-Class Sports Complex

Delhi Development Authority (DDA) will soon begin work on a world-class multi-sports complex in Narela, featuring Olympic-standard facilities, a hospital, and a hotel, with completion expected in three years.

Punjab Secures Rs 1,003 Crore Steel Investment

Punjab's industries minister announces a major greenfield investment by AISRM Multimetals to establish a state-of-the-art steel manufacturing facility in Ludhiana district, creating over 920 jobs.

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