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EMERGING MARKETS SEPTEMBER 2023
CJI Surya Kant says SC will examine plea seeking recall of split verdict on poll panel lawThe Supreme Court will examine an application seeking recall of its September 23 split verdict on challenges to the 2023 law governing appo...- Foreign investors pull out $26.3 billion from emerging markets in September as hawkish Fed pushes US Treasury yields higherForeign investors pulled $26.3 billion from emerging-market stocks and bonds in September due to rising US yields. The hawkish Federal Rese...
- Myntra's Big Fashion Festival returns Oct 8 at Midnight with 8 mn+ styles, celebrity collabs and 100+ new launchesMyntra will launch its Big Fashion Festival on October 8. This year, the festival will showcase over 21,000 brands and more than 8 million ...
- India emerges as Asia-Pacific’s largest branded residences market by valueIndia has emerged as the largest branded residences market in Asia-Pacific, with significant growth recorded in recent years. The increase ...
- ‘Only bullish corner’: Nithin Kamath flags ‘full-on party’ in IPOs amid broader market weaknessIndian equities remain under pressure, but recent mainboard IPOs are bucking the trend. Data cited by Zerodha CEO Nithin Kamath shows 67.2%...
- RBI Repo Rate 2026: Why RBI MPC lifted repo rates for the first time in nearly four years in October policyRBI Repo Rate: The Reserve Bank of India increased the repo rate by 25 basis points to 5.50% after recent inflation concerns. Economic grow...
- Bank stocks lift Indian markets as crude prices ease, RBI decision eyedThe Indian stock markets saw an upswing fueled by the performance of banking stocks amid falling oil prices. The Sensex and Nifty enjoyed s...
- Citigroup bets on Meta's Muse as AI's 'front door to the internet'The brokerage said Muse is increasingly becoming the "front door to the internet," helping users search, compare and transact online, while...
- World Bank flags oil, El Niño and global market risks to growthThe World Bank has revised its growth forecast for South Asia, projecting a robust 6.9% by 2026, driven by a surge in consumer demand. Indi...
- India housing market sees sharper divergence across cities, price bandIndia's residential property market exhibited stable sales during January-September when compared to the previous year. Major markets like ...
- Bajaj Finserv to rope in ex-GIC re chief for reinsurance ventureBajaj Finserv is preparing to enter the reinsurance sector with the appointment of N Ramaswamy Narayanan. The former chairman of GIC Re bri...
- Let exchange rate act as shock absorber: IMF on Fed hike impact on IndiaThe International Monetary Fund has noted the potential impact of the US Federal Reserve's interest rate hikes on global markets. This situ...
- In 2020, a UK entrepreneur invested £12,000 in a fashion side hustle; 4 years later, it generated £6 million a year and had reached an estimated £24 million valuation£12,000 became the starting point for a fashion business that would reach almost £6 million in annual revenue. Aimee Smale launched OD Muse...
- India's white-collar hiring rises 2% in September as AI/ML jobs hit record growth: NaukriIndia’s white-collar hiring grew 2% year-on-year in September, with the Naukri JobSpeak Index rising to 3,053 from 3,002 a year earlier. AI...
- US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in SeptemberThe U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%...
- FPIs turn net sellers, pull out Rs 35,860 cr in SepIn September, foreign portfolio investors shed a staggering Rs 35,860 crore from Indian equities, driven by global uncertainties and rising...
- US jobless claims fall to lowest level since July, labour market stays resilientThe US labor market demonstrated resilience as new unemployment claims dropped to 197,000 last week. Initial jobless claims decreased from ...
- Mumbai property market continues strong run, records best-ever SeptemberMumbai recorded its strongest-ever September for property registrations, with 12,560 transactions, up 4% year-on-year, according to Maharas...
- Foreign outflows from Indian stocks hit 6-month high in September on higher oil, yieldsForeign portfolio investors saw a notable outflow of $2.7 billion from Indian equities in September, marking the most significant withdrawa...
- Emerging market investors shun riskiest bonds as US yields soarEmerging-market investors are pulling back from riskier bond investments amid a significant selloff in global credit markets. The recent tu...
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