Hans Goetti, Director of Citigroup, says that India is not cheap, but attractive to long-term investors and has a favourable composition of imports. \n
The hounding of Rhea Chakraborty in the Sushant Singh Rajput case is a drug that is being carefully pumped into India's veins to make it comfortably numb as it is wracked by economic ruin and disease, notes Sumit Bhattacharya.
Manjeet Bawa, 46, of New York and other co-defendants contracted to buy homes in Nassau and Suffolk Counties from innocent sellers at market prices.
When asked if he sees himself back in Chicago, he said, "Yeah, Chicago has been kind to me over my history".
'Everyone is still trying to understand the quantum of impact demonetisation will have on the economy.'
'The stimulus packages, sector reliefs, loans etc are coming to industry, but state governments have not got any money from GST, no money from excise, no money from any income source.'
'Who are these people on the streets?' 'They are youth and students who were hoodwinked, bluffed by Modi for the last seven years, with a promise of 2 crore jobs every year.' 'And Mamata sings the same tune.' 'But the youth can see that as long as there is Mamata or Modi, there is no hope.'
Total holdings of the top eight gold ETFs have risen by 3.8 million ounces so far this year
Gold extended its slump for the second day and shed another ₹ 350 to hit a six-month low of ₹ 29,000 per 10 grams in the bullion market.
For financial institutions, it will be an opportunity to provide better lending options. For instance, customers who pay their overdrafts on time will get access to more credit and probably at a cheaper rate.
The rupee gained 8 paise to close at over two-week high of 61.23 against the US dollar in the previous session.
The central bank operationalised these special windows on September 4 to prop the rupee which had fallen close to 30 per cent between April and August.
Brokerage firm Bank of America Merrill Lynch (BofA-ML) on Monday said the ongoing US government shutdown is positive for the country, as it gives additional time to recoup the forex reserves.
Enthused by the strong showing in Delhi Assembly polls, the Aam Aadmi Party has decided to concentrate on the ensuing Lok Sabha and assembly elections in Mumbai and the rest of Maharashtra.
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
India has always been a good bet in relative terms during crises/turbulent times in emerging markets (EMs).
A market correction is a good time to reassess the quality of your portfolio and purge the poor quality names from it, says Ramesh Bukka
They have put in $14 billion so far in 2014 but this could get slower if the US Fed raises rates; however, there are expectations on compensatory flows.
'Villages are much better prepared than towns as far as COVID-19 is concerned.'
A strengthening dollar, rising interest rates, tightening liquidity and a surge in oil prices - all are combining to create a toxic atmosphere for EM assets, says Akash Prakash.
Many giving double-digit returns, with India up less than one per cent; even so, it has done much better than other emerging markets.
This is the highest closing level since May 11, 2016 when the rupee had finished at 66.56
Indian benchmark indices may witness bouts of volatility this week as traders roll over positions in the derivative segment on expiry of near-month contracts, say experts.
All investment decisions can be distorted by your own biases. Understand your biases and make informed decisions.
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position
The Federal Reserve on Wednesday trimmed US interest rates a quarter percentage point to 45-year lows, citing recent hopeful economic signs as it offered a less potent growth tonic than markets had hoped.\n\n\n\n
In 2015, foreign investors slowed net buying of Indian equities.
India is likely to attract increasing notice from global investors.
It is the rupee's biggest single-day gain this year.
It was truly heartening to see how the Sikh community had risen to the occasion during the Black Lives Matter peaceful protests and the coronavirus pandemic and selflessly served those looking for nourishment.
India too will advocate the IMF quote reforms at the two-day meeting of G20 Finance Ministers and Central Bank Governors beginning Saturday.
As we say shalom to 2016, the key drivers for the markets in the year ahead have become more obvious, says Neeraj Gambhir, managing director and head of fixed income, India, Nomura. First, there is a surging dollar. Second, rising commodity prices. Then, we have the effects of demonetisation.
A massive outflows of foreign funds on the back of stricter participatory notes and renewed possibility of Fed lifting US interest rates largely impacted the domestic unit.
A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
These cash shortages increase banks' funding costs, making it harder for them to lower lending rates
India's current account deficit narrowed sharply to just $300 million
Market recovery on the cards in 2014 as investors are likely to chase higher yields