A massive retreat of funds from Chinese stocks and bonds is diminishing the market’s clout in global portfolios and accelerating its decoupling from the rest of the world. Foreign holdings of the nation’s equities and debt have fallen by about 1.37 trillion yuan ($188 billion), or 17%, from a December-2021 peak through the end of […]
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Amid rising threats in Indian Ocean Region, Indian Navy conducts Exercise Tropex – See PhotosAmid rising threats in Indian Ocean Region, Indian Navy conducts Exercise Tropex – See Photos
1/9 Amid the emerging threats in the Indian Ocean Region, Indian Navy has once again tested its combat readiness during Exercise TROPEX. 2/9 India is facing emerging threats from both China and Pakistan, thereby the Exercise Tropex assumes much significance. 3/9 The operational preparedness spanned an area of over 21 million square nautical miles. Overseen […]
Rupee likely to decline on yuan-led weakness in Asia fxRupee likely to decline on yuan-led weakness in Asia fx
The Indian rupee is expected to drop at the opening on Monday, tracking losses in Asian peers and on persisting worries over U.S. yields. Non-deliverable forwards indicate rupee will open at around 83.18-83.20 to the U.S. dollar, compared with 83.1025 in the previous session. Despite the RBI’s efforts, it “does feel inevitable” that the rupee […]
Sebi to tell court Adani inquiry began 2014, but hit dead endSebi to tell court Adani inquiry began 2014, but hit dead end
India’s markets regulator will tell the country’s top court why it paused, then restarted investigations into the Adani Group after a tip in 2014 amid questions around regulatory delays, according to two people with direct knowledge of the matter. The Securities and Exchange Board of India (SEBI) will say for the first time that India’s […]
New York City’s ‘apocalyptic haze’ sends alarm bell ringing! See orange-hued picsNew York City’s ‘apocalyptic haze’ sends alarm bell ringing! See orange-hued pics
1/7 Smoke and haze has engulfed North America cities due to the untimely summer wildfires in eastern Canada. A dozen of wildfires in canada still remain out of control which is why Quebec has ordered more evacuations. The air quality in Ottawa, which neighbors Quebec, has been classified in category 10+, the worst level on […]
Share Market Highlights: Nifty settles above 19350, Sensex up 250 pts; IT, metal stocks lead the pack, Trident jumps 11%Share Market Highlights: Nifty settles above 19350, Sensex up 250 pts; IT, metal stocks lead the pack, Trident jumps 11%
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic benchmarks NSE Nifty 50 and BSE Sensex broke their two-day slide on Monday. Sensex rose by 0.41% to 65,216.09, and Nifty 50 increased by 83 points, settling nearly at 19,400 at 19,393.6. In the broader markets, Nifty Next 50 jumped 0.8% while the smallcap […]
China approves AstraZeneca, Sanofi shot to prevent RSV infectionChina approves AstraZeneca, Sanofi shot to prevent RSV infection
China approved a shot co-developed by AstraZeneca Plc and Sanofi to ward off respiratory syncytial virus in a broad swath of infants, a first in the nation to thwart the highly contagious and potentially fatal infection. The National Medical Products Administration cleared the long-acting monoclonal antibody Beyfortus to prevent RSV infections in newborns, Astra said […]
Stock-holding limits likely on chanaStock-holding limits likely on chana
After wheat, tur and urad, the government is likely to impose stock holding limits on chana (gram) due to a spike in prices. Sources told FE that despite adequate availability of chana, the recent rise in prices is a concern and there is a possibility of some hoarding of stocks by traders. With mandi prices […]
Nifty looks positive, may begin week with eye on 19200; limited upside expectation on Bank NiftyNifty looks positive, may begin week with eye on 19200; limited upside expectation on Bank Nifty
Friday witnessed a belligerent Nifty, appearing to be in a tearing hurry to breeze past the record peak. While it was too much road to cover on a single day, leaving the record peak undisturbed, the enthusiastic surge did serve well to wipe away the bearish fears that cropped in on Thursday after the weekly […]
PM Modi’s US Visit In Pictures | Grand welcome at White House, intimate dinner, gifts and many morePM Modi’s US Visit In Pictures | Grand welcome at White House, intimate dinner, gifts and many more
1/29 US President Joe Biden and First Lady Jill Biden on Thursday (June 22) welcomed Prime Minister Narendra Modi at the White House for the State dinner. Amongst the US officials who arrived at the White House for the State Dinner was the US Secretary of Commerce Gina Raimondo, US Secretary of State, Antony Blinken, […]