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.
Strong currency and sagging oil prices are spooking policymakers.
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
'If there is any reason to change my holding in Adani group stocks, the Hindenburg report on the group is not the one.'
In the United States, economic data is likely to take a back seat next week.
Years of unprecedented stimulus has left the Fed swollen with $4.5 trillion in bonds
Elevated food price-led inflation could become a sore point for markets, which they seem to be ignoring at current levels, observe analysts. Retail inflation in India - as measured by the Consumer Price Index (CPI) - came in at a three-month high of 6.52 per cent in January 2023, compared with 5.72 per cent in December and 5.88 per cent in November 2022. The inflation print for February, according to Madan Sabnavis, chief economist at Bank of Baroda, will be critical for the Reserve Bank of India's monetary policy committee.
An expected withdrawal of FIIs from the market likely to weaken the rupee against the dollar.
Fed rate hike 'makes sense,' says US reserve bank president.
Treat yourself to two of Chef Satish Arora's signature five-star dishes.
India beat Japan 4-0 to win women's Asian Champions Trophy hockey title
Foreign Portfolio Investors' (FPIs) selling spree continues as they pulled out over Rs 3,400 crore from the Indian equity markets in the first three trading sessions of November on rising interest rates and geopolitical tensions in the Middle East. This came after such investors withdrew Rs 24,548 crore in October and Rs 14,767 crore in September, data with the depositories showed. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.
India is more insulated to Fed-related volatility than other emerging markets due to its better economic fundamentals
Tata Steel, Tech Mahindra, NTPC, JSW Steel, Power Grid, UltraTech Cement, HCL Technologies and HDFC Bank were among the major gainers. Bharti Airtel, Hindustan Unilever, Axis Bank, Reliance Industries, Kotak Mahindra Bank, ICICI Bank and IndusInd Bank were among the laggards.
Maria Sharapova will lead Russia in their Fed Cup first-round tie against France next year, the country's tennis chief said on Tuesday.
Markets now expect the Fed to normalise rates gradually.
Yes Bank was the biggest gainer in the Sensex pack, soaring 6.04 per cent, followed by IndusInd Bank, Tata Steel, HeroMotoCorp, Sun Pharma, Bajaj Auto, Power Grid, Tata Motors, SBI and Kotak Bank that gained up to 5.32 per cent.
'India is an equity market with a breadth and depth of companies to invest in.'
Svetlana Kuznetsova and Anna Chakvetadze recorded contrasting victories against Italian opponents in Moscow.
The 70-year-old former French and US Open champion, who earned a reputation for controversial behaviour during his playing days, was excluded from the tie on Saturday for unsportsmanlike conduct.
Improvements in the labour market has triggered this sentiment.
'Since childhood we've said 'tumhare mu mein ghee shakkar'.' 'That's why I am moving away from sweet sweet films and concentrating on films like Tiger.'
Bajaj Finance was the biggest gainer in the Sensex pack, rising 2.70 per cent, followed by Power Grid, IndusInd Bank, NTPC, Bharti Airtel, ITC, Bajaj Finserv, Infosys, Nestle, Tata Steel, Tata Consultancy Services, Titan and Axis Bank. Reliance Industries, Mahindra & Mahindra, Maruti and State Bank of India were among the laggards.
Coming into the do-or-die match, Rohan Bopanna and Leander Paes, with a combined age of 86, won 6-3, 6-7(9), 7-5 after two hours and 21 minutes against Pavic and Skugor, ranked 15 and 32 respectively.
The Williams sisters will in the United States' Fed Cup match against Belgium in April.
Bharti Airtel was the biggest gainer in the Sensex pack, rising 2.37 per cent, followed by Mahindra & Mahindra, HCL Tech, Tata Motors, Tech Mahindra, HDFC Bank, Wipro, Tata Consultancy Services, Axis Bank and Nestle. Asian Paints, Hindustan Unilever, Bajaj Finserv and NTPC were among the laggards.
Barbora Strycova beat Alize Cornet 6-2, 7-6(4) to put defending champions Czech Republic level at 2-2 against hosts France and send the Fed Cup final into a doubles decider on Sunday.
India has not been able to compete with countries such as Bangladesh and Vietnam.
Shreyas Iyer trained hard in the nets with the aim of overcoming his longstanding struggles ahead of the World Cup game against Sri Lanka.
Expect heightened volatility and stress to hit the markets. Caution may be the need of the hour, alerts Akash Prakash.
World number four Petra Kvitova sealed the Fed Cup title for the Czech Republic with a thrilling win over Germany's Angelique Kerber, giving her country its third success in the premier team tournament in women's tennis in the last four years.
RBI's tricky strategy to ease market's pre-Fed jitters.
64% of 800 investors polled think it will start this week but weak US data suggest it might not be aggressive.
Fed Cup holders Italy reached their second straight final after Flavia Pennetta overcame Czech Petra Kvitova to seal an unassailable 3-0 lead on Sunday.
The domestic equity market, which is on a record-breaking spree, will focus on macroeconomic data announcements, movement in global stocks and the US Fed minutes to get further direction, analysts said. Trading activity of Foreign Institutional Investors (FIIs) will also innfluence investors.From the domestic macroeconomic front, Purchasing Managers' Index (PMI) data for the manufacturing sector will be released on Monday, and that o,f the services sector on Wednesday. Investors, this week, will keenly watch major global market events, icluding the outcome of the Federal Open Market Committee (FOMC) minutes, scheduled to be out on Wednesday.
Market participants attribute the stability to the Reserve Bank of India's timely intervention in the foreign exchange market, both in terms of selling and buying dollars.
The nomination would put Yellen on course to be the first woman to lead the institution.
The Fed has prepared the world very well for a rate hike. In fact the market may have priced in a 25 basis points increase. So if the increase is 50 basis points, the reaction could be stunning, but a 25 basis points rise is not likely to have any great impact, says P V Subramanyam.
Gold is up 0.8 per cent for the week, after hitting a near-two-week high earlier in the week.
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