Trading activity in the domestic equity market this week will be influenced by a host of macroeconomic data announcements, including inflation number for June, first quarter earnings from companies, global trends and foreign funds movement, analysts said. Besides, other key factors like rupee-dollar trend and Brent crude oil price will also guide market sentiments, they […]
Foreign investors continue to desert Indian equity markets and have pulled out over Rs 4,000 crore this month so far amid steady appreciation of the dollar and rising interest rates in the US. However, the pace of selling by foreign portfolio investors (FPIs) has been declining over the last few weeks. “With oil prices breaching […]
TOKYO/NARA — Japanese voters went to the polls on Sunday for a parliamentary election that may give the ruling Liberal Democratic Party (LDP) a surge of support after the assassination of former Prime Minister Shinzo Abe, a dominant politician and power broker. Read More
Industry body IBA has invited bids from advisory firms and institutes to design and deliver a leadership development programme for public sector banks (PSBs) to prepare a pipeline of leaders in tune with the increasing competitive landscape. The selected entity will design and deliver the training programme for senior officers of PSBs, including chief general […]
Falling up to 13 per cent this year so far, BSE smallcap and midcap stocks have lagged behind the benchmark Sensex as experts said these indices had climbed more than the frontline index during the “good times” and a deeper correction is natural in the current turbulent times. Equity markets have faced many headwinds this […]
Dharmendra Pradhan, Union Education Minister has called for developing forward-looking, world-class institutions that work on the principle of ‘student first-teacher led’ learning. He was delivering the valedictory address at the three-day Akhil Bhartiya Shiksha Samagam (ABSS) at Varanasi which concluded Saturday with education leaders resolving to work collectively for transforming India into an equitable and […]
(Bloomberg) — Klarna Bank AB, which advertises itself as a way to spread the cost of the latest brands and smartphones, is shelling out loans for milk and gas with cash-strapped customers looking for ways to cover basic necessities. Read More
(Bloomberg) — Preparing English breakfasts is around 18% more expensive than a year ago, in yet another indicator of how the cost-of-living crisis is squeezing UK household budgets. Read More
SHANGHAI — China has imposed fines on technology giants Alibaba and Tencent as well as a range of other firms for failing to comply with anti-monopoly rules on the disclosure of transactions, the country’s market regulator said on Sunday. Read More
COLOMBO — Calm returned to the streets of Sri Lanka’s commercial capital Colombo on Sunday and protesters were jubilant as President Gotabaya Rajapaksa agreed to resign after his house was stormed amid outrage over the South Asia nation’s collapsing economy. Read More