India’s food delivery and rapid trading (QC) sectors are entering a new phase of heightened competition after a brief period of rationalization as leading players step up their promotional campaigns and spend to capture market share. However, in contrast to the intense cash burn at the end of FY25, the current cycle is expected to […]
Kotak Rural Opportunities Fund, a new thematic offering from Kotak Mutual Fund, aims to leverage India’s accelerating rural transformation by investing in businesses that benefit from rising rural incomes and consumption. Fund manager Arjun Khanna says the rural economy is entering a multi-year growth phase, supported by structural and cyclical tailwinds in key sectors. Edited […]
In an environment where global uncertainty continues to roil equity markets, novice real estate investors are increasingly looking for safer alternatives to hedge against inflation.According to Mananki Parulekar, co-founder of Claravest Technologies, diversified real estate exposure doesn’t have to start with buying an entire brick-and-mortar property. In a conversation with ETMarkets’ Kshitij Anand, Parulekar believes […]
The dollar gained against the euro and was roughly flat against the yen on Friday as stocks recovered from a sharp sell-off and traders weighed whether the Federal Reserve is likely to cut interest rates in December. A flood of data that was postponed during the federal government shutdown awaits publication starting next week. Risk […]
Oil prices closed more than 2 percent higher on Friday as the Russian port of Novorossiisk halted oil exports after a Ukrainian drone attack hit an oil depot in the Russian energy hub, raising supply concerns.Brent crude futures rose $1.38, or 2.19 percent, to $64.39 a barrel, while U.S. West Texas Intermediate crude rose $1.40, […]
Gold prices fell 3% on Friday following a broader market sell-off fueled by hawkish comments from US Federal Reserve officials, dampening hopes for a rate cut in December. Spot gold fell 1.9% to $4,092.72 an ounce as of 2:33 PM ET (1933 GMT), after falling more than 3% earlier in the session. However, precious metals […]
European shares fell on Friday as hawkish commentary from US policymakers dampened expectations of an impending rate cut, while the benchmark STOXX 600 index posted its strongest weekly performance since late September. The pan-European STOXX 600 ended 1% lower at 574.81 points, while banks fell 2.4%. Macro developments in the US were in the spotlight […]
Bitcoin fell to its lowest level in six months on Friday as a broad sell-off in risk assets deepened, while hopes faded that the Federal Reserve would cut US interest rates at its upcoming policy meeting. However, US stock sales fell slightly in the afternoon ahead of the weekend, but investors remained tense as they […]
The Indian infrastructure financing ecosystem is undergoing a profound change, and Infrastructure Investment Trusts (InvITs) are at the heart of this transformation. Initially designed as niche instruments for institutional investors, InvITs have steadily evolved into credible, transparent and efficient vehicles for both domestic and global investors seeking stable long-term returns. As India enters a new […]
The MSCI global stock index lost ground on Friday and Wall Street had a subdued end to the week, while US Treasury yields rose after hawkish Federal Reserve officials abandoned hopes of a December rate cut. After opening lower, the S&P 500 pared most of its losses with some help from bargain hunters after major […]