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Europe's STOXX 600 clocks best week in over a month as rally broadensEuropean stocks surged to record highs this week, with the STOXX 600 and Germany's DAX hitting all-time peaks. Investors are betting agains...
Global Market Update: Europe's STOXX 600 hits record high, eyes best weekly gain since mid-MayEurope's STOXX 600 hovered near record highs on Friday and headed for its best week since mid-May, supported by gains in defence and cyclic...
Sensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gainsIndian stock markets surged on Friday, with Sensex and Nifty climbing over 0.3% each. This rally was fueled by easing Middle East tensions,...
EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
Foreign inflows, lower oil prices help Indian bond traders look past US Treasury selloffIndian government bonds saw gains early Thursday, defying a rise in U.S. Treasury yields. This positive movement was fueled by falling oil ...
India unlikely to raise inflation target, RBI Governor Sanjay Malhotra says; expects strong growthIndia's inflation target is unlikely to be raised, with Reserve Bank of India Governor Sanjay Malhotra suggesting a potential long-term red...
On This Day in History, July 2: Civil Rights Act signed, Amelia Earhart disappears, Simla Agreement signed, Men in Black premieres and moreOn This Day in History, July 2 witnessed landmark moments that shaped politics, civil rights, aviation, literature and international relati...
On This Day in History, July 1: Terminator 2 premiers, Dominion of Canada is formed, Bretton Woods Conference opens, Hong Kong returns to China, Sony Walkman debuts, Princess Diana is born and other key eventsOn This Day in History, July 1 marks a date shaped by major military campaigns, nation-building, scientific breakthroughs and cultural mile...
FEMA rules revision: Exporters flag at least half-a-dozen worriesIndian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...
Reopening of Strait of Hormuz to lower tail risk, but supply normalisation to be costly: S&PS&P Global Ratings suggests reopening the Strait of Hormuz eases immediate risks for Asia Pacific, but expects uneven and costly supply nor...
Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher ratesNew Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on intere...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
Bank of England votes 7-2 to hold rates at 3.75%The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economi...
Why are oil prices down while gold and silver prices up today? Reasons behind crude oil fall, precious metals rally, analyst insights and market outlookWhy are oil prices down while gold and silver prices up today? Oil prices fell to a three-month low as hopes grew that the Strait of Hormuz...
Russia should make peace deal, Trump says after 'very good' Zelenskiy meetingUS President Donald Trump called for Russia to strike a peace deal with Ukraine. He met with G7 leaders and Ukrainian President Volodymyr Z...
Ukraine aims to align banks, insurers with EU rules by 2028, central banker saysUkraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...
Fed and BoE stay guarded after 100 days of Iran warGlobal central banks are poised to maintain current interest rates this week. The Iran war's impact on inflation and growth remains a key c...