Latest Updates Around The World
India is on track to become “a very meaningful” part of the LGT Group’s global operations, said Prince Max von und zu Liechtenstein, chairman of the private banker and asset manager of the royal family of Liechtenstein. In an interview with Nishanth Vasudevan and Sruthijith KK, Harvard Business School graduates and former JP Morgan executive […]
ET Intelligence Group: The BSE Metal Index has risen 13% in the past three months, outperforming the Sensex’s nearly 2% decline amid a broad rally between ferrous and non-ferrous stocks. Shares of metals companies have risen up to 33% in the past three months due to rising prices of both ferrous and non-ferrous metals due […]
Starbucks faced new pressure on Wednesday from a coalition of investors, including public sector pension funds, who urged shareholders to vote against the re-election of two directors, citing an ongoing failure to manage labor relations. The move against Starbucks’ lead independent director, Jorgen Vig Knudstorp, and Beth Ford, chair of the board’s Nominating and Corporate […]
India’s benchmark indices closed higher on Wednesday, marking their third straight session of gains. Strength in consumer, financial and metals stocks supported the upside, even as weakness in IT capped the upside. The Nifty rose 93.95 points, or 0.37%, to settle at 25,819.35, while the 30-share BSE Sensex climbed 283.29 points, or 0.34%, to 83,734.25.Meanwhile, […]
Nifty closed with gains on Wednesday, recording its third positive close amid buying trends in consumer, financial and metal stocks, even as the IT sector dragged the markets. The Nifty staged a consolidation break on the 15-minute chart, leading to a rally towards the end of the session. Rupak De, senior technical analyst at LKP […]
U.S. stock indexes edged higher on Wednesday as technology stocks extended gains following recent weakness, as investors awaited minutes of the central bank’s latest policy meeting for insight into the interest rate trajectory.Wall Street was roiled this month by concerns that rapidly improving AI tools could disrupt business models, leading to selloffs in sectors from […]
The Unique Transaction Identifier (UTI) will become mandatory for all direct retail transactions in rupee interest rate and foreign currency derivatives from January 1, 2027, the Reserve Bank said on Wednesday.The UTI is conceived as one of the key data elements identified globally for reporting over-the-counter (OTC) derivatives transactions, with the aim of enabling policy […]
It’s been almost twenty years since Apple Inc. stood so apart from its technological peers, giving investors an attractive alternative to the artificial intelligence-driven volatility that has gripped most other corners of the stock market in recent weeks.Apple’s 40-day correlation with the Nasdaq 100 Index fell to 0.21 last week, the lowest level since 2006, […]
Indian government bonds continued their winning streak and ended the day higher on Tuesday as stronger-than-expected demand for government bond sales lifted sentiment, while favorable US government bond yields and excess liquidity conditions added to the positive backdrop.The 6.48% bond yield for 2035 ended at 6.66% after closing Monday at 6.6642%. Rates have fallen by […]
As the global economy grapples with geopolitical fragmentation, trade realignments and post-World War II order reform, India could emerge as a rare pillar of stability, said Neelkanth Mishra, Chief Economist, Axis Bank and Head of Global Research, Axis Capital.Speaking to ET Now on the sidelines of Mumbai Climate Week, Mishra said the world is undergoing […]
