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Government names Sunil Kumar ONGC chairman; to succeed Arun Singh in DecemberSunil Kumar has been appointed as chairman of ONGC, succeeding Arun Singh, effective December 7. Kumar’s appointment follows recommendation...- Global Market | Safe-haven assets under pressure: Dollar, Swiss franc, German bonds and gold in focusSafe-haven demand is shifting amid AI-driven market volatility, geopolitical tensions, rising energy prices and mounting government debt. T...
- Global Market: South Korean shares jump 3% as chipmakers rally on strong exports, AI demandSouth Korea’s KOSPI surged 3.03% after hitting a six-month closing low, supported by a rally in chipmakers, record semiconductor exports an...
- Bessent sees no spillover from France bond market’s turmoilScott Bessent, the US Treasury secretary, expressed that the French bond market will not affect other markets. He acknowledged the economic...
- Tech under pressure on AI jitters, dollar slips: Markets wrapSouth Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest clos...
- Global Market Today: Asian stocks decline in break from US chip rallyLosses were led by a more than 2% drop in South Korea’s Kospi Index — a bellwether for artificial intelligence investments — as chip heavyw...
- Sterling hits 17-month high against euroSterling hit a fresh 17-month high against the euro on Monday as street riots in France and elevated energy prices weighed on the single cu...
- Global Market: Eurozone bond selloff to weigh on growth, curb inflation, Lagarde saysECB President Christine Lagarde warned that a global bond selloff is tightening euro zone financial conditions, raising borrowing costs and...
- BoE's Bailey says energy price pass-through remains limited, rate risks persistBank of England Governor Andrew Bailey said rising energy prices have had limited broader inflationary effects so far, but warned that seco...
- IMF's bullish call: Why is India sprinting when the world stumbles?The IMF has raised India's growth forecast to 7% for both FY27 and FY28, highlighting the country's resilience despite higher oil prices an...
- Global Market: South Korea’s Kospi plunges over 7% as chip stocks tumble on CXMT concernsSouth Korea’s Kospi plunged over 7% amid concerns about rising competition from Chinese semiconductor makers, triggering a temporary tradin...
- Dollar holds near 18-month high as geopolitical risks riseThe US dollar index remains at a steady 102.56, influenced by a holiday impacting some markets. Tensions escalate amid fresh assaults on en...
- Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisationThe outlook for Pakistan's economy appears optimistic, with anticipated growth rates of over 4% this fiscal year, spurred by strategic gove...
- 'War will end either through battle' or through deal: Trump says Iran conflict to end very soonDonald Trump announced that the ongoing conflict with Iran could conclude soon through military action or agreement. He stated that the Uni...
- ‘We have all of those elements’ in India, says BP CEO Meg O’Neill as firm weighs oil and gas bids under Samudra Manthan schemeIndia's government has introduced the Samudra Manthan policy to enhance energy security through increased oil exploration. BP's CEO Meg O'N...
- Electricity, cash and crises: what's on the COP31 agenda?The upcoming COP31 conference in Antalya, Turkey, is gearing up to tackle pressing climate change and energy challenges. The negotiations w...
- 5 world market themes for the week aheadGlobal financial markets are grappling with soaring borrowing costs, while France navigates a volatile political landscape concerning its b...
- 202 BSE 500 stocks trade below five-year average valuationsAn analysis indicates that more than 50% of companies within the BSE 500 are trading below their five-year average valuations. Furthermore,...
- US 30-year Treasury yield tops 5.6%, reaching highest level since 2002Yields on the 30-year US Treasury bond have risen to levels not seen since 2002. This increase is part of a prolonged selloff in the global...
- Battered bonds draw support from falling oil pricesUS Treasury yields fell slightly while oil prices decreased following hopes for a US-Iran truce. Stock markets remained strong, driven by o...
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