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Global investors pull money out of Indian sovereign bonds for second week

Global funds last week sold Rs 870 crore ($104 million) of the so-called Fully Accessible Route bonds

Global investors pull money out of Indian sovereign bonds for second week
Updated On : 21 Oct 2024 | 11:50 AM IST

Waaree Energies' IPO capitalises on a 357% rise in renewable stock in India

The public offering aligns with Prime Minister Narendra Modi's goal to boost renewable energy production to 500 gigawatts by the end of the decade

Waaree Energies' IPO capitalises on a 357% rise in renewable stock in India
Updated On : 21 Oct 2024 | 9:56 AM IST

Hyundai's historic India IPO signals new era for multinational listings

Hyundai's compatriot LG Electronics Inc. is also reported to be preparing for a potential IPO of its Indian unit

Hyundai's historic India IPO signals new era for multinational listings
Updated On : 21 Oct 2024 | 6:44 AM IST

IMF warns of $100 trillion global debt crisis ahead of key finance meetings

Meanwhile, Moody's Ratings has slated Friday for a possible report on France, which faces intense investor scrutiny at present. With its assessment one step higher than major competitors

IMF warns of $100 trillion global debt crisis ahead of key finance meetings
Updated On : 20 Oct 2024 | 11:40 PM IST

West's failure in Ukraine: Selling out Kyiv would be a shameful betrayal

Fewer American weapons are available for shipment to Kyiv, and the eyes of Western governments are focused overwhelmingly on Israel and Iran

West's failure in Ukraine: Selling out Kyiv would be a shameful betrayal
Updated On : 20 Oct 2024 | 12:43 PM IST

Prez Biden slowly losing Africa; Harris or Trump unlikely to fare better

Whenever the US gets kicked out of a country, moreover, it not only leaves an opening for Russia but also becomes less effective at fighting terrorists in the region

Prez Biden slowly losing Africa; Harris or Trump unlikely to fare better
Updated On : 20 Oct 2024 | 12:31 PM IST

Asian stock markets set for blockbuster week as 'animal spirits' return

Around 20 companies from Asia Pacific are listing shares next week in deals that may raise as much as $8.3 billion

Asian stock markets set for blockbuster week as 'animal spirits' return
Updated On : 20 Oct 2024 | 9:17 AM IST

Oil prices show how numb traders are to US sanctions on Iran, Russia

The decline was largely driven by indications that Israel is going to avoid attacking Iran's oil infrastructure - one of the market's big concerns

Oil prices show how numb traders are to US sanctions on Iran, Russia
Updated On : 19 Oct 2024 | 1:55 PM IST

Chinese drone maker SZ DJI Tech sues Pentagon for military designation

DJI had unsuccessfully attempted to engage with the defence department for more than 16 months on the issue, a spokesperson for the world's largest maker of consumer drones said on Friday

Chinese drone maker SZ DJI Tech sues Pentagon for military designation
Updated On : 19 Oct 2024 | 10:51 AM IST

US posts $1.8 trn annual deficit, highest outside of Covid: Treasury data

Treasury officials highlighted that the widening was largely due to accounting for the Biden administration's broad student debt relief plan

US posts $1.8 trn annual deficit, highest outside of Covid: Treasury data
Updated On : 19 Oct 2024 | 9:22 AM IST

Logic of former US President Donald Trump's tariffs has a gaping hole

In the 1980s, the US took a tough protectionist line on Japanese automobile imports and demanded "voluntary" quotas

Logic of former US President Donald Trump's tariffs has a gaping hole
Updated On : 19 Oct 2024 | 12:53 AM IST

Airline companies' stocks recover from failed summer surge to hit 2022 high

The S&P Supercomposite Airlines Index is hovering around highs unseen since May 2022, poised to close Friday with its largest weekly gain since January of last year

Airline companies' stocks recover from failed summer surge to hit 2022 high
Updated On : 18 Oct 2024 | 10:47 PM IST

Expanding bond market to ease capital needs key to India's $5 trn goal

Nothing illustrates that challenge better than the Rs 47 trillion ($559 billion) corporate bond market. It's one of the world's smallest as a percentage of gross domestic product, at just 16 per cent

Expanding bond market to ease capital needs key to India's $5 trn goal
Updated On : 18 Oct 2024 | 2:27 PM IST

RBI cracks down on shadow banks over high-interest loans, rule violations

The Reserve Bank of India ordered four shadow banks to stop sanctioning new loans because of high interest rate charges to customers

RBI cracks down on shadow banks over high-interest loans, rule violations
Updated On : 18 Oct 2024 | 11:39 AM IST

Portugal golden visa applicants stuck in limbo, use legal options

Greece, Spain and Italy are among the other EU countries that offer golden visas to non-European nationals

Portugal golden visa applicants stuck in limbo, use legal options
Updated On : 18 Oct 2024 | 10:47 AM IST

Six out of 10 Canadians feel there's 'too much immigration' in country

The poll reflects further erosion of public support for immigration, with the proportion of Canadians opposing the volume of new arrivals surging for the second straight year

Six out of 10 Canadians feel there's 'too much immigration' in country
Updated On : 18 Oct 2024 | 8:30 AM IST

US treasury secy warns on using tariffs to wall off US from world economy

Her comments, less than three weeks from the presidential election, come against a backdrop of Republican candidate Donald Trump touting tariff hikes as his preferred economic policy tool

US treasury secy warns on using tariffs to wall off US from world economy
Updated On : 17 Oct 2024 | 5:19 PM IST

EU may impose fine on X by including revenue from Musk's other businesses

The European Commission has been investigating X for several potential breaches of the Digital Services Act, newly introduced rules meant to ensure platforms police illegal content

EU may impose fine on X by including revenue from Musk's other businesses
Updated On : 17 Oct 2024 | 4:52 PM IST

Justin Trudeau describes failed efforts at quiet diplomacy with PM Modi

Canada's intelligence made it clear India was involved in the killing of Hardeep Singh Nijjar, a Sikh activist gunned down in British Columbia earlier that year, Trudeau said

Justin Trudeau describes failed efforts at quiet diplomacy with PM Modi
Updated On : 17 Oct 2024 | 3:47 PM IST

Ratan Tata, global giant who took Tata Group's operations to 80 countries

Ratan's global vision extended beyond expansion to innovation and wanted to pioneer a new type of innovation for a new type of consumer

Ratan Tata, global giant who took Tata Group's operations to 80 countries
Updated On : 17 Oct 2024 | 10:06 AM IST