'Due to the Israel-Hamas conflict, a faction operating in the Red Sea -- which is a typically safe area - has been firing projectiles arbitrarily.' 'Additionally, there have been two incidents involving Somali pirates, and one vessel has been hijacked.'
In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.
With political uncertainty reaching a new high, India Inc gets more anxious.
The stocks could tank more than what it did after the United Progressive Alliance-1 came to power in 2004, as the market has not yet priced in a Bharatiya Janata Party defeat, says Raj Bhatt.
With uncertainty looming large over the continuance of Peoples Democratic Party-Bharatiya Janata Party alliance, National Conference leader Farooq Abdullah on Saturday said his party is ready to consider a tie-up with the saffron party for government formation if such an offer is received.
Markets fall the most in first five trading sessions of a year since 2011.
'The allegations of government involvement in targeted assassinations abroad are likely to help, not hurt, the ruling party.' 'True or false, they convey a sense of muscularity and, in some quarters, are celebrated as a harbinger of 'great power' status.'
In a dramatic turn of events, Communist Party of Nepal-Maoist Centre chairman Pushpa Kamal Dahal 'Prachanda' was appointed as the new prime minister of Nepal by President Bidya Devi Bhandari on Sunday.
For the BJP, Prime Minister Narendra Modi's big move to push through his 'one-nation-one-election' concept promises to be the big ticket idea which can disrupt conventional calculations and allow it to frame the upcoming Lok Sabha polls along helpful lines as the party believes the issue has the potential to catch popular imagination.
Eleven companies have launched their initial public offerings (IPOs) in December 2023, making this month the second-best December for public offerings since 1996. Collectively, they are raising Rs 8,182.7 crore this month. In December 2021, 11 companies raised Rs 9,534 crore. However, excluding December 2021, this month marks the best December for IPOs since 1996.
The Pakistan National Assembly's crucial session on a no-trust motion against embattled Prime Minister Imran Khan was adjourned on Friday without tabling of the resolution, amid vociferous protests from opposition lawmakers.
Musharraf was serious about sharing power with Bhutto but her demands exposed her real intentions; she actually overestimated her importance and tried to grab everything from Musharraf through negotiations
"Most of these students had gone to Canada during 2017-2019. After completing their studies, some of them obtained work permits, while others continue to study in Canada," said a source.
Congress leaders in the state are dashing to New Delhi to do everything under the sun to get the elections postponed to as late as November.
'We have made a pledge; those who kicked Rahul Gandhi out of the house he had lived for 19 years, will be kicked out from the corridors of power.'
Even as rising crude oil prices, trade war fears and a sliding rupee cast a shadow on market sentiment, Nischal Maheshwari, chief executive officer for institutional equities and advisory at Centrum Broking, tells Puneet Wadhwa that in the next one year, the outcome of the 2019 general election is a bigger challenge for the market.
"Given the constitutional crisis, I felt it was right for me to resign," Rawat said.
Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.
Today's devastating quake has dealt another blow to the ailing Japanese economy, already faced with mounting debts and falling exports.
India has urged caution and consensus-building among Nepal's political parties so that the nation does not get further sucked into political uncertainty due to the events in the past few days, with the latest being the resignation of Prime Minister Pushpa Kamal Dahal (Prachanda) after President Ram Baran Yadav asked Army chief General R Katawal to stay on despite Prachanda's move to replace General Katawal.
The Taliban once again made their intentions clear on Sunday, with spectacular coordinated attacks which resulted in an 18-hour battle with North Atlantic Treaty Organisation and Afghan forces. With the looming political uncertainty, whispers of a civil war, the insurgents are well positioned to fill in the vacuum.
It's been a year since a devastating earthquake hit Haiti, killing more than 200,000 residents and leaving more than two million homeless
The Centre could further moderate its divestment target for 2024-25 (FY25), as it does not expect large receipts from asset sales - except some ongoing strategic ones, including IDBI Bank, which could spill over into next financial year. Also, it may drastically reduce its FY24 divestment target of Rs 51,000 crore. "We are still evaluating the Budget estimates for FY25. "New big-ticket asset sales are unlikely.
PCB's interim chief Najam Sethi said he will not seek a permanent position in the PCB after pulling out of the race to be its next chairman.
While former chief minister S M Krishna said that he was not sure about his role in Karnataka politics, Prakash, a former JD-S leader has yet to take a decision on his political future, despite the Bharatiya Janata Party's advances.
IIM Ahmedabad (IIM-A), which had agreed to set up a campus in the state, has not been able to start work due to the political uncertainty caused by the Telangana issue.
The performance in 2011 (Q4 over Q1), shows that the smaller Indian towns with a population of less than 1 lakh people, led an impressive growth story: 19 per cent in value terms versus 15 per cent in rural India and 12 per cent in the metros.
The Union finance ministry has kicked off the exercise for preparation of the Union Budget for the fiscal year 2012-13 and has asked all ministries to rush proposals by October 31 for inclusion in the second supplementary budget for 2011-12 to be presented in the winter session of Parliament.
Despite mounting pressure, Gotabaya, and Prime Minister Mahinda have refused to quit office.
The rating, however, is still five steps above junk status.
Stock markets always take time to reward performance. Keep in mind that stock prices tend to follow the long-term profit growth prospects of any company.
In New York, the dollar slipped against the euro and other major currencies yesterday after the US economic data boosted equities.
The BJP is the preferred choice because it offers what the Mughals and later British offered in their time: A stable polity and an environment in which business could function, explains T N Ninan.
Top laggards in the Sensex pack were Vedanta, IndusInd Bank, Yes Bank, Tata Steel, ONGC, Tata Motors, Sun Pharma, M&M, TCS and Hero MotoCorp, dropping up to 5.39 per cent.
One looks upon the coming new year with foreboding as current wars in Ukraine and Gaza spill over and escalate and new ones erupt in incipient fault lines across the world, notes former foreign secretary Shyam Saran.
The Delhi University will set up a Centre for Independence and Partition Studies to facilitate research on the "high voltage politics" accompanying Partition and how the then central leadership failed to contain the "germs of separatism", documents show.
The overall market breadth was negative as 1,844 stocks declined against 986 advancing ones, on the BSE.
Indian policymakers are almost alone, alongside the United States, in seeking a hard and multi-sectoral global decoupling from China in the expectation that it will boost their economies, observes Mihir S Sharma.
Khan's Pakistan Tehreek-e-Insaf (PTI) won 15 of 20 seats up for grabs in the politically crucial province of Punjab on Sunday, dealing a major blow to Prime Minister Shehbaz Sharif and his 13-party alliance led by the ruling PML-N.
Three way split of AIADMK has slowed decision-making, prompting industry to look outside the state, says T E Narasimhan.
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