Latest Updates Around The World
The latest round of US sanctions on Russian oil giants has once again roiled global energy markets, raising questions about the supply of crude oil to major buyers such as India and China. In an exclusive conversation with ET Now, Geoff Dennis, Global Market Analyst, shared his views on the ripple effects of the sanctions, […]
Kerala-based private lender Federal Bank on Friday approved the issuance of convertible warrants worth Rs 6,196 crore to Asia II Topco XIII, a subsidiary of private equity giant Blackstone, sending its shares up as much as 2.2% to Rs 232.25 on the BSE. The move positions Blackstone to acquire a nearly 10% stake in the […]
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, will be on investors’ radar on Friday, October 24, after announcing its entry into the UK through a partnership with Lancashire-based distributor MotoGB. The company will debut its Euro 5+ range of motorcycles, led by the Hunk 440, marking its presence in Britain as the […]
Asian shares opened higher on Friday after a planned meeting between Donald Trump and Xi Jinping eased nerves over trade tensions. Oil prices fell slightly ahead of US inflation figures. An MSCI gauge of Asian shares rose about 0.3% at the open, after rising on Wall Street on Thursday. Shares of Intel Corp helped lift […]
Mumbai: Indian stock indexes ended higher for a sixth straight session on Thursday after giving up most of the nearly 1% gain earlier in the day, fueled by optimism around reports that India is negotiating with the US to cut tariffs from 50% to 15-16%. While information technology (IT) stocks led the upward movement on […]
Ratings agency S&P Global on Thursday downgraded its outlook for India’s Tata Motors Passenger Vehicles to “negative”, citing a “slow recovery” of the carmaker’s core Jaguar Land Rover (JLR) unit, which was hit by a cyber attack early last month. The cyber incident at the British JLR, the cash cow unit of Tata Motors, led […]
Sebi on Thursday proposed to relax the geo-tagging requirement for non-resident Indian customers during their re-KYC or KYC process through digital onboarding or video client identification (V-CIP). In a draft circular, the market watchdog has sought public comments on its proposal to relax the condition requiring non-resident Indian (NRI) customers to be physically present in […]
The Indian market ended higher on Thursday, in a session that saw the Sensex and Nifty record 52-week highs and move closer to their all-time highs, buoyed by optimism around an earnings rebound and renewed foreign inflows. Investor sentiment was further improved by expectations that strong holiday demand, recent tax cuts and policy support will […]
Oil prices rose more than five percent on Thursday after US President Donald Trump targeted Russia’s key oil industry with new sanctions in a bid to end the war in Ukraine. The international benchmark contract, Brent North Sea crude, rose 5.4 percent, while West Texas Intermediate rose 5.7 percent. Trump on Wednesday announced new sanctions […]
