Markets

Stock Markets: Sensex, Nifty settle sharply low on Friday as recession fears grip investors

Domestic equity benchmark indices declined as the day progressed and settled sharply lower on Friday as investors evidently feared a looming recession.

Jun 18, 2022

London Stock Exchange in London, Britain

Global markets plunge again amid interest rate hikes, fuel recession fears

The global rout in stock markets, cryptocurrencies and other risky assets has gathered pace amid growing concern that out-of-control inflation, rising interest rates and slowing growth could combine to tip the world into recession.

Jun 17, 2022

US Fed makes rate hike of 0.75 percentage points, highest since 1994

To tame the inflation that is at its highest in 40 years, the US Federal Reserve raised the interest rate by 0.75 percentage points, the biggest since 1994

Jun 16, 2022

Inflation rate: Wholesale inflation hits record high in May at 15.88%

India's wholesale inflation gauged by the Wholesale Price Index, with base year as 2011-12, rose to a record high of 15.88 per cent in May 2022 from 15.08 per cent in April, official data revealed on Tuesday.

Jun 14, 2022

Stock Markets: Sensex, Nifty open negative but enter green zone after opening hour

Sensex was slightly up at 52,940.36 or 93.66 (0.18%) in the opening hour and Nifty too gained marginally to 15,805.10 or 30.70 (0.19%) points up.

Jun 14, 2022

Bitcoin, Ethereum crash to record 18-month low amid crypto winter

The crypto winter hammered cryptocurrencies on Monday as the price of a single Bitcoin fell sharply to around $25,600, an 18-month low.

Jun 13, 2022

Stock Markets: Sensex, Nifty tumble in opening session on high inflation cues from US

By 11:25 a.m., Sensex was hovering around 52,938.42 or 1,365.02 (2.51%) points down, while Nifty was 15,816.20 or 385.60 (2.38%) points down.

Jun 13, 2022

Global PC shipments to fall 8.2% in 2022 due to these economic factors

The global macro-economic factors are set to hamper global shipments of traditional PCs this year, leading to a 8.2 per cent fall (on-year) to 321.2 million PC units.

Jun 13, 2022

Stock Market: Sensex down by 719 points, Nifty declines by 204 points in Opening Hour

By 11:01 a.m, Sensex recorded 54,633.12 or 687.16 points down (1.24%), while Nifty too declined to 16,277.10 or 201.00 points down (1.22%).

Jun 10, 2022

Shaktikanta Das, Governor, Reserve Bank of India

RBI raises repo rate by 50 bps; Highlights

The Reserve Bank of India has raised the repo rate by 50 basis points to 4.9 per cent, Governor Shaktikanta Das said on Wednesday, adding that inflation was likely to remain above the upper tolerance level for three quarters of this financial year.

Jun 8, 2022

Stock Markets: Sensex, Nifty continue in losses, shed over 1% each

At 10.02 a.m., Sensex was 1.1 per cent down at 55,037 points, whereas nifty down 1.1 per cent at 16,388 points.

Jun 7, 2022

Stock Markets: Sensex, Nifty decline in opening deals ahead of RBI policy meeting today

Indices decline in opening deals, ahead of Reserve Bank of India's meeting where the central bank is likely to raise policy rates after a review

Jun 6, 2022

IPL teams commanding higher valuations than global football counterparts

Revenue CAGRs of Manchester United (MANU), Juventus and Borussia Dortmund have been at 1.1 per cent, 4.7 per cent and 4.0 per cent, in the past seven years, with a TTM price-to-sales of 2.4x, 1.7x and 1.1x, respectively. Conversely, IPL teams' revenue CAGR has been more than 10 per cent in the past seven years, commanding a much higher valuation than football counterparts, mainly due to higher revenue growth and stellar viewership.

Jun 4, 2022

Global regulator for banks red-flags crypto-assets such as Bitcoin

New York halts Bitcoin mining for 2 years, 'grim day' for Blockchain

In bad news for Bitcoin and Blockchain lovers, the New York State on Friday passed a bill to halt new permits for certain fossil fuel power plants to be used in Bitcoin mining.

Jun 3, 2022

Stock Markets: Sensex, Nifty decline in opening session, Q4 GDP numbers in focus

Indian equity benchmark indices were lower in opening deals on Tuesday ahead of the release of India's gross domestic product (GDP) numbers for the fourth quarter of fiscal FY22.

May 31, 2022

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Markets

Stock Markets: Sensex, Nifty settle sharply low on Friday as recession fears grip investors

Global markets plunge again amid interest rate hikes, fuel recession fears

US Fed makes rate hike of 0.75 percentage points, highest since 1994

Inflation rate: Wholesale inflation hits record high in May at 15.88%

Stock Markets: Sensex, Nifty open negative but enter green zone after opening hour

Bitcoin, Ethereum crash to record 18-month low amid crypto winter

Stock Markets: Sensex, Nifty tumble in opening session on high inflation cues from US

Global PC shipments to fall 8.2% in 2022 due to these economic factors

Stock Market: Sensex down by 719 points, Nifty declines by 204 points in Opening Hour

RBI raises repo rate by 50 bps; Highlights

Stock Markets: Sensex, Nifty continue in losses, shed over 1% each

Stock Markets: Sensex, Nifty decline in opening deals ahead of RBI policy meeting today

IPL teams commanding higher valuations than global football counterparts

New York halts Bitcoin mining for 2 years, 'grim day' for Blockchain

Stock Markets: Sensex, Nifty decline in opening session, Q4 GDP numbers in focus

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]