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.
Political satire is indispensable to democracy, racial caricature isn’t. If Europe’s liberal press still cannot tell difference, then decolonisation never happened in their imagination.
PM-EAC paper says overhaul of Investor Education and Protection Fund Authority system sharply improved processing speed and reduced paperwork for investors.
While India yet to set in motion theaterisation of armed forces, China's military reforms combined China’s Army, Navy, Air Force and Rocket Force aimed at regional dominance & tight political control.
Pakistan has ended up losing every war against India but that hasn’t prevented it from claiming victory. We will go over the evidence to anticipate what to expect next.
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