India's retail inflation spiked to a 14-mth high in October, data showed Tuesday, dashing hopes of an interest rate cut in December and adding to fears of a consumption slowdown.
Energy stocks rose 0.5%, led by a 1.2% gain in ONGC after the government cut windfall tax on petroleum crude to Rs 3,250 per metric ton from Rs 5,200, effective 15 June.
By Ankur Banerjee and Bharath Rajeswaran SINGAPORE/MUMBAI (Reuters) -Indian shares set records, the rupee gained and bonds yields dropped in Monday opening trade as exit polls pointed to a third term
Foreign portfolio investors have offloaded shares worth 170.83 billion rupees ($2.05 billion) in just seven sessions in May, the highest since January.
UBS predicts Nifty 50 Index will fall to 15,500 by June end 2022. Current surge has Nifty trading at 21.3 times estimated 12-month earnings, much higher than its 5-yr average of 18 times.
A stock-trading link to be established between Singapore and India's so-called GIFT City in Gujarat creates uncertainties, the biggest being what happens to SGX futures.
Historically, football has been used as a lens through which political anger, identity, and resistance come into focus. From Mohun Bagan to Didier Drogba’s Ivory Coast, this claim can be easily cemented.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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