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Amid Indian equity market seeing massive outflows, Overseas Direct Investments (ODI) by Indian institutions and individuals in April-January period of the current fiscal has exceeded the total of the last fiscal by 15 per cent. Experts feel that besides displaying India Inc’s strategic ambitions, it shows that the next cycle of growth may not be led by emerging economies.Data from Finance Ministry shows ODI in April-January touched $16,364 million as against $14,234 million of full fiscal last fiscal. The growth was led by financial, insurance, and business services sectors (39...

Nvidia shares fell 8% Monday, deepening a bear market trend that's taken hold since early January.The latest tumble follows concerns over Nvidia's Q4 earnings and profit margin expectations.Reports of Nvidia's AI chips reaching China despite export controls added to investor worries on Monday.Nvidia's stock plunge deepened on Monday, with the stock down as much as 8% in the session to trade at $114.51.Shares of the artificial intelligence GPU maker officially entered a bear market last week, down more than 20% from their intra-day highs reached in early January.The losses have...