Rupee likely to depreciate on strong dollar, risk aversion in global markets

stock market

Created economies are enduring a shot from the dollar’s appreciation to multi-decade highs in manners that were again recognizable to their developing business sector peers. The Fed’s exchange weighted dollar list versus progressed economies has taken off 10% this year to the most grounded starting around 2002, while the developing business sectors measure is up …

DREAMFOLKS SERVICES, DELHIVERY, HINDUSTAN ZINC, V-MART, SEMBCORP INDUSTRIES STOCKS IN FOCUS ON SEPTEMBER 6

stock market

Indian equity markets are likely to open higher today as ahead of the trading session, SGX Nifty was in the green, hinting at a positive start for NSE Nifty 50 and BSE Sensex. Here are the stocks in focus today. Indian equity markets are likely to open higher today as ahead of the trading session, …

Global bonds tumble into their first bear market in a generation

sock market

The Bloomberg Global Aggregate Total Return Index of government and investment-grade corporate bonds has fallen more than 20% below its 2021 peak, the biggest drawdown since its 1990 inception. Under pressure from central bankers determined to quash inflation even at the cost of a recession, global bonds slumped into their first bear market in a …

Daily Voice | India offers higher growth than other EMs, current valuations not alarming, says this CIO

Anil Sarin

Anil Sarin of Centrum PMS says India has always been an expensive market, but this is justified due to attractive historical stock returns and higher earnings growth. One has to look at mid-cap and small-cap space individually, instead of focusing on headline valuation, says Anil Sarin of Centrum PMS as many sectors and segments are in …

Mikhail Gorbachev, Soviet leader who helped end the Cold War, has died

Mikhail Gorbachev

Mikhail Gorbachev, the final leader of the Soviet Union and a reformer who helped end the Cold War and lead his country from communism to capitalism, died Tuesday at 91, according to the Gorbachev Foundation. “Mikhail Sergeevich Gorbachev died this evening after a serious and long illness,” the Central Clinical Hospital reported, according to the Interfax …

Sonali Phogat Murder Case: Goa Club Owner, Drug Dealer Arrested, Say Cops

New Delhi/Panaji:  In actor and BJP leader Sonali Phogat’s murder case, two more people have been arrested, including a drug dealer and the owner of the Goa restaurant where she was seen partying the night before her death. This brings the total number of arrests in the Haryana BJP leader’s death case to four. Edwin …

India Weather News Live Updates: Heavy downpours lash West Bengal; Rajasthan records 392% above normal rainfall

India Weather News Live Updates (August 24): A cyclonic circulation over the north Bay of Bengal triggered heavy rains in Gangetic West Bengal on Wednesday. South Bengal districts, including Kolkata, have been receiving intermittent showers with heavy downpours at one or two places since Tuesday owing to the weather system. The cyclonic circulation over the north …

2 PEOPLE DROWN IN MANALI AS HIMACHAL SEES FLASH FLOOD, RESCUE OPERATION ON!

THE TWO PEOPLE DROWNED WHILE CROSSING A TEMPORARY BRIDGE BUILT ON A DRAIN IN SOLANG, MANALI. The rescue operation began in Solang Nala in Himachal Pradesh’s Kullu on Tuesday after two people went missing in the flash floods caused due to heavy rain on Monday. Teams of the National Disaster Response Force (NDRF) and the police and fire brigade …

Oil prices are falling as Joe Biden advocates for lower US fuel prices

Brent crude prices

As U.S. President Joe Biden pushed for lower fuel prices, putting pressure on significant U.S. corporations to lessen the burden on drivers during the nation’s peak summer demand, oil prices fell in early trade on Wednesday. While Brent crude prices declined $1.33, or 1.2 percent, to $113.32 a barrel at 0031 GMT, U.S. West Texas …

Crude oil prices are down 6%, while ONGC, Oil India, and Adani Total are down 17%

crude oil prices

Oil prices fell almost 5% to a three-week low on Friday, prompting investors to fear that interest rate rises by major central banks would slow the global economy and reduce energy demand. Shares of energy companies fell up to 17% on the BSE in Monday’s session. In intra-day trading on the BSE, Mangalore Refinery & …