Higher levels could not be sustained as participants offloaded their long positions in view of September series expiry.
The Czech Republic further established themselves as the dominant force in women's team tennis as they claimed a 3-2 comeback win against hosts France to capture their fifth Fed Cup title in six years on Sunday, and 10th overall. Karolina Pliskova and Barbora Strycova downed Kristina Mladenovic and Caroline Garcia 7-5 7-5 in the doubles to hand the visitors the decisive point. The nation won five titles as Czechoslovakia in the 1970s and 80s before dominating the women's team competition in recent years.
World No 1 Sania Mirza was, on Monday, named captain of the Indian team for next year's Fed Cup while two six-member squads were announced by the AITA selection panel for the South Asian Games.
Domestic fund houses are of the view that the US Fed's status quo stance on rates is a positive indication for RBI to lower its lending rates.
In an interview with PTI, Roy praised the Union government for implementing the Citizenship Amendment Act (CAA) rules, stating that it would benefit the refugee population, including the Matua community, who had fled neighbouring countries to escape religious persecution.
US's terrible political and economic leadership will ultimately cost the dollar its value. India must act early to avoid being dragged down, suggests R Jagannathan.
'With China falling out of favour, India is where investors see the demographic and digital dividend apart from the benefits of reforms playing out.' 'Your prime minister has also done a great job of sharing this story with the world.'
Russia, last year's runners-up, were unable to call on world number six Maria Sharapova who was injured
Kamal Haasan is right where he left off from the first film but there is only so much he can do to salvage an already lost cause, observes Arjun Menon.
A prominent 72-year-old social activist on fast since July 6 demanding implementation of Inner Line Permit System in Manipur was force fed at a state-run hospital after his condition deteriorated.
Real Madrid strike late to beat Dortmund and win 15th UEFA Champions League
Rajan has ignored pressure to loosen policy.
'Scores of important BJP MLAs are in touch with Akhileshji, but he has very humbly said that the SP's doors are now closed to BJP MLAs and leaders.'
Get ready to have your heart stolen, says Rediff.com's Hitesh Harisinghani.
From the Sensex basket, Tech Mahindra, Tata Steel, JSW Steel, HCL Technologies, Tata Consultancy Services, Larsen & Toubro and Kotak Mahindra Bank were the biggest laggards. Mahindra & Mahindra, Power Grid, Bajaj Finance, IndusInd Bank and Maruti were the major gainers.
Production from many gold producing regions of the world is currently constrained by power shortages; and rapidly inflating development costs are causing the postponement of several otherwise promising development projects around the world.
Also keenly watching inflation numbers, with wholesale inflation data expected today
The rate hike in the future is set to be 'calibrated and cautious'.
"There was a misunderstanding with the translation because I didn't say that I'm not going to play at all," said Myskina.
The US Fed has also retained its benchmark rates for the Federal funds in the range of zero to 0.25 per cent, as part of its efforts to help in boosting the economy. After its two-day monetary policy meeting, which ended on Wednesday, the Fed said that 'economic activity is leveling out'.
Indian markets on Thursday shrugged off any negative impact.
India will begin their campaign by locking horns with China on Tuesday. Ankita has been in tremendous form since the start of the season, winning two ITF singles and as many doubles titles.
The recent weakness of the rupee has been due to yuan's devaluation.
Some investors had speculated that the US central bank might put its plans on hold given the jitters overseas.
In a big setback to the Indian Fed Cup team, Sania Mirza will miss the upcoming Group I Asia/Oceania zone tie, citing an abdominal injury.
The three MLAs -- Sombir Sangwan, Randhir Gollen and Dharampal Gonder -- also said that they have decided to extend support to the Congress during the elections.
After the BRS lost the assembly elections recently, a number of its leaders quit the party to join the BJP or the Congress, which is in power in the state now.
The torch for the Paris 2024 Olympic Games was lit in ancient Olympia
Fundraising activity in the debt market is gaining momentum ahead of the festival season. Several non-banking financial companies (NBFCs) and the National Bank for Agriculture and Rural Development (Nabard) are planning to raise at least Rs 5,560 crore in the next two days by issuing bonds, with a greenshoe size of Rs 6,370 crore. Ajay Malglunia, managing director and head of investment grade group at JM Financial, said, "The market likes certainty, the market will gain clarity after the US Federal Reserve's (Fed's) policy.
Investors' wealth eroded by Rs 6 lakh crore in a single day on Wednesday as the BSE benchmark Sensex tumbled over 790 points. The 30-share BSE Sensex fell by 790.34 points or 1.08 per cent to settle at 72,304.88. During the day, it slumped 872.93 points or 1.19 per cent to 72,222.29.
Federal Reserve Chair Janet Yellen on Wednesday pointed to a possible December interest rate "liftoff" but said rates would rise only slowly from then on to nurture the U.S. economic recovery.
Reserve Bank of India (RBI) is unlikely to cut the benchmark interest rate at its upcoming monetary policy review meeting, taking place soon after the announcement of the Lok Sabha election results, amid inflation challenges, said experts. The Monetary Policy Committee (MPC) may also refrain from rate cut as economic growth is picking up, notwithstanding the elevated interest rate of 6.5 per cent (repo) prevailing since February 2023. The meeting of the Reserve Bank Governor Shaktikanta Das headed MPC is scheduled for June 5 to 7.
Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.
Black, silver and gold mark her presence on the ramp.
Benchmark equity indices climbed nearly 1 per cent on Wednesday on buying in HDFC Bank and Reliance Industries. Investors are eyeing the two important events lined up ahead -- the interim budget and the US Fed interest rate decision -- to derive further cues from. Recovering all the early lost ground, the 30-share BSE Sensex jumped 612.21 points or 0.86 per cent to settle at 71,752.11.
'There was a strong undercurrent of deprivation, and also frustration against misuse of power and authority.' 'This election was an opportunity for the manifestation of this discontentment.'
Global trends, macroeconomic data, and the outcome of the US Fed policy meeting are the major factors that will drive the movement in the domestic equity markets this week, analysts said. "In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US. "Indian inflation is expected to rise, while US inflation will remain steady.
Hawkish guidance by the US Fed raises concerns it could tie the hands of RBI from trimming rates.
Strong currency and sagging oil prices are spooking policymakers.
