Benchmark indices closed sharply lower on Friday amid broad selling, with auto, financial sector and FMCG stocks bearing the brunt. With domestic markets set to reopen on Monday, a packed calendar of global and domestic triggers are expected to shape investor sentiment.The 50-share Nifty fell 317.90 points, or 1.25%, to settle at 25,178.65. Rupak De, […]
The global economy is entering an unusual and potentially difficult phase for bond investors, as public finances in major developed economies deteriorate rapidly – even in the absence of a financial crisis or pandemic. Unlike the extraordinary fiscal expansions we saw during the global financial crisis or Covid-19, the current surge in lending is taking […]
Wall Street’s major indexes hovered around all-time highs in light post-Christmas trading on Friday as investors banked on more rate cuts and strong corporate earnings to push markets to new peaks next year.The benchmark S&P 500 hit an intraday record, closing in on the 7,000-point mark, while the blue-chip Dow Jones Industrial Average was about […]
In an important milestone for small farmers in India, the ULE Farmers producer Company (FPC) from Solapur, Maharashtra, has successfully exported its first full banana insurance to Oman. The 20-meter-ton shipping, facilitated in collaboration with Agritech platform Vegrow, marks a breakthrough for farmer’s collectives that want to tap into the international markets. The performance is […]