At 18%, FPI stock holding drops to near 11-year low
MUMBAI: Foreign fund ownership in NSE-listed companies stood at just over 18% at September-end, almost almost at the same level it was over a decade ago, a report showed. In … Read More
Category: Business
Focus on moving up services value chain rather than manufacturing to propel India into ‘Amrit Kaal’: Former RBI governor Raghuram Rajan
HYDERABAD: India’s ambition to march into `Amrit Kaal’ by 2047 is an important one but the current pace of growth is not enough to get us there as we will … Read More
These 5 sectors rocked on Dalal Street last week; will the bull run sustain?
The Sensex rallied more than 1,600 points or 2.4% last week and ended at a record closing high of 71483.75 points on Friday. While the gains were broad-based in the … Read More
Activision to pay $ 50 mn to settle workplace harassment lawsuit
Activision Blizzard will pay roughly USD 50 million to settle a 2021 lawsuit by a California regulator that alleged the videogame maker discriminated against women employees, including denying them promotion … Read More
Fed seen pivoting to interest rate cuts in March, perhaps earlier
Economic data on Thursday showing stronger-than-expected retail sales in November and a smaller-than-anticipated rise in weekly jobless claims had traders paring a bit of their earlier enthusiasm for Fed policy … Read More
Say goodbye to waitlisting! Indian Railways readies plan to purchase new trains worth Rs 1 lakh crore
The Indian Railways is set to acquire new trains worth Rs 1 lakh crore in the coming years to meet the increasing demand for passenger travel, according to Union Railways … Read More
Gold rises as Fed rate-cut prospects dent dollar, bond yields
Gold prices extended gains to a one-week high on Thursday after the US Federal Reserve flagged an end to its tightening cycle and signalled lower borrowing costs in 2024, sending … Read More
Asian markets mixed after US inflation data as Fed decision looms
HONG KONG: Markets were mixed Wednesday after an unremarkable US inflation report tempered expectations for an interest rate cut early next year, with attention moving to the Federal Reserve’s policy … Read More