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Monday, November 4, 2024
TopicMarkets

Topic: Markets

SEBI orders Indian credit agency Brickwork Ratings to shut down

The Securities and Exchange Board of India (SEBI) cancelled the certificate of registration of the credit rating agency due to repeated lapses in the functioning.

Global bond winners this year are all from emerging markets

According to data, sovereign bonds issued by developing nations like South Africa, China, Indonesia, India and Croatia topped the rankings of 46 markets around the world in 2021.

As Covid declines, Indians are out shopping, dining, getting haircuts & crowding malls

Infection and death rates have dropped, and as shoppers re-emerge, the economy and consumer companies are posting strong gains, far sooner than most expected.

Sensex ends above 50,000-mark for first time ever, Nifty tops 14,750

IndusInd Bank was the top gainer in the Sensex pack, followed by PowerGrid, Dr Reddy's, Sun Pharma and NTPC. Nifty also touched an all-time high of 14,868.85 during the day.

These are the 10 themes that’ll determine the direction of emerging markets in 2021

These themes are likely to keep dominating developing economies that collectively account for $30 trillion, or about 34% of global gross domestic product.

Ex RBI Viral Acharya: Govt pressure on central banks can lead to kiss of death from markets

In his book, Quest for Restoring Financial Stability in India, the ex RBI deputy governor lists the ongoing challenges to RBI’s independence and how markets can ensure it.

Where to worry about catching Covid-19, and where not to

Dining together and taking public transport might risk spreading the disease, but going to a market briefly or a transient encounter while you walk, those are low risks.

Stock markets are going into a shock every time a new lockdown is announced

Concerns are rising over a sharp drop in business activity and a potential recession that follows the lockdowns, especially in Asia.

Food, business, schools: Kashmiris have devised coping mechanisms for everything

Since the abrogation of Article 370, Kashmiris have been borrowing from lessons learnt in 2010 and 2014, and perfected during 2016 unrest.

Modi wants to bring household savings into financial markets but Budget roadmap isn’t clear

Incentivising informal sector workers to save is good, but creating separate schemes for different groups divides an already fragmented pensions market.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.