Business

Stock market drags further as weak global cues and hawkish central banks affect market sentiments

Sensex is trading at 61,661 points as of 1:30 PM, which is 133 points lower than the previous close of 61,799 points while Nifty-50 is trading at 18,365 points, which is about 50 points lower than the previous close of 18,414 points

Dec 16, 2022

Shrinking Economy? Japan logs trade deficit for 16th consecutive month

Japan logged a 2.03 trillion yen ($14.95 billion) trade deficit in November, a record for the month and marking the 16th straight month of red ink, amid higher energy prices and a weaker yen, the Finance Ministry said in a report on Thursday.

Dec 15, 2022

Future of Real Estate Sector in 2023 shows positive momentum

The Indian real estate sector has remained faithful to investor expectations through the many ups and downs in the last couple of years, writes Harrish Kumar Jain, Vice President of Brihanmumbai Developers Association

Dec 15, 2022

First G20 Finance, Central Bank Deputies meeting in B'luru marks a new beginning in Finance Track

The first G20 Finance and Central Bank Deputies (FCBD) meeting held successfully in Karnataka's Bengaluru on December 13-14

Dec 15, 2022

Stock market tumbles as Fed's hawkish stance drives down investors' sentiments

The BSE Sensex is trading down 400 points or 0.6% to 62,254, giving up yesterday's gain, whereas Nifty-50 shed almost 120 points or 0.6% and trading down at 18,542 as of 12:30 pm

Dec 15, 2022

Market maintains upward momentum ahead of Fed's policy; Inflation shows signs of easing

BSE Sensex opened at 62,685 points and currently trading between the range of 62,700 to 62,800 points, whereas NSE Nifty-50 opened at 18,671 points and currently trading well above the 18,500-mark

Dec 14, 2022

November retail inflation rate may be down; battle continues [details]

With core inflation continuing to be high, credit rating agencies like Acuite Ratings & Research and CARE Ratings do not expect any significant downtrend in the retail inflation for the next few months

Dec 13, 2022

UK economy rebounds in October; lengthy recession still looms [details]

The British economy is estimated to have grown by 0.5 per cent between September and October, statistics showed, but a lengthy recession is still expected in the UK.

Dec 13, 2022

Domestic equity market turns positive as inflation drops to year's lowest at 5.88%; investors eye US's CPI data and Fed's stance

The domestic benchmark started trading in the green on Tuesday after yesterday's sluggish performance. The BSE Sensex opened at 62,300 points and currently trading close to the 62,500 mark; meanwhile, Nifty-50 opened at 18,524 and currently trading close to the 18,600 mark.

Dec 13, 2022

Who's Sam Bankman-Fried? Former CEO of FTX arrested in Bahamas

Former CEO of bankrupt crypto exchange FTX, has been arrested in the Bahamas, at the request of the US authorities as he was expected to testify online before the US House Financial Services Committee

Dec 13, 2022

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