Indian companies are buying foreign businesses, but BBC thinks it is because of India's 'slow growth'

• The BSE Sensex surged over 1,000 points to close near 76,500, while the Nifty50 ended above the 24,000 mark, both rising approximately 1.4% on Monday. • The rally was supported by positive global cues and a significant 5% plunge in crude oil prices to two-week lows.

• European AI startups such as Legora and Lovable are rapidly scaling to challenge the long-standing technological dominance of US-based firms. • Swedish legal AI startup Legora has secured 20% of the 100 highest-grossing US law firms as clients and recently achieved a significant revenue milestone.

• Finance Minister Nirmala Sitharaman stated that current economic challenges are primarily driven by external factors, specifically citing the rise in global commodity prices. • The Minister emphasized the critical need to maintain economic confidence to navigate these international pressures and stabilize domestic growth.

• Skanska has been ranked as Europe's Best Employer 2026 in a prestigious list published by the Financial Times in partnership with Statista. • The company maintains a diverse business model, with 90.5% of net sales coming from building and infrastructure construction and 9.3% from real estate development.

• The Indian stock market experienced a sharp rally on Monday, May 25, driven by improved global investor sentiment. • The Sensex surged by more than 1,000 points, while the Nifty 50 successfully reclaimed the 24,000 mark.

• Amazon Web Services (AWS) announced plans to invest over $33 billion in cloud and artificial intelligence (AI) infrastructure across Southeast Asia by 2039. • The investment strategy focuses on four specific markets: Indonesia, Malaysia, Singapore, and Thailand, where AWS already maintains regional infrastructure.

• Singapore Airlines has announced plans to explore opportunities to increase flight frequencies on the Singapore-Amsterdam route starting after October 2026. • The airline aims to expand its capacity and connectivity between these two major hubs to meet travel demand.

• Asian markets surged on Monday, with Japan's Nikkei 225 breaching the 64,000 mark for the first time and Taiwan's Taiex hitting an all-time high above 43,000. • The rally was driven by a sharp decline in oil prices, which boosted risk sentiment across the region despite holiday-thinned trading.

• Singapore's economy grew by 6.0% year-on-year in the first quarter of 2026, significantly exceeding the official advance estimate of 4.6%. • In a separate incident on Sunday, three people were killed and one was injured during lifeboat maintenance work at a floating storage and offloading (FSO) vessel.

• Senator Marco Rubio recently highlighted India's commitment to purchase $500 billion in goods from the United States. • Experts suggest this purchase intent may no longer be relevant due to the collapse of the reciprocal tariff framework following an unfavorable US Supreme Court verdict.

• S&P Global Inc. reported solid quarterly financial results, driven by sustained high demand for its core credit ratings, indices, and financial data services. • The company's business model leverages its position as a critical data powerhouse, providing essential benchmarks and risk assessments for global financial markets.