Latest Stock Market News

Rate this item

(1 Vote)

"Fed speakers have been stressing the message that more rate hikes are coming given the fight against inflation has not yet been won," rattling markets ahead of Jackson Hole on Aug. 25-27, amid growing expectations for Fed Chair Jerome Powell to stress that tightening is "still a long way from the end," Rodrigo Catril, senior FX strategist at National Australia Bank, wrote in a client note.

Rate this item

(1 Vote)

​​​The U.S. central bank needs to keep raising borrowing costs to bring high inflation under control, a string of its officials said last week. Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion. Focus this week will be on comments by Fed Chair Jerome Powell when he addresses an annual global central banking conference in Jackson Hole, Wyoming, on Friday.

Rate this item

(1 Vote)

Even as good quality Indian tea prices have soared 40-50% over the past year, exporters are witnessing more enquiries from newer markets such as Turkey, Saudi Arabia and Iraq.

Rate this item

(1 Vote)

Vi has showcased real-world enterprise use cases such as Industry 4.0, public safety in smart cities, smart healthcare, smart construction, emergency response using drones, improving sports coaching for high performance, and OTT in car and driver safety monitoring in connected vehicles during its 5G trials.

"Inflationary concerns and government borrowing will continue to be at the forefront and will weigh on market sentiments. We expect the 10-year benchmark to trade in the 7.35-7.55% range going forward," says the head of fixed income at ICICI Prudential Life Insurance Company.

The company has been evaluating prospects in green energy areas including green hydrogen, battery storage and offshore wind, among others, as it seeks to reduce its presence across the fossil fuel space and build new businesses around green energy.

SC order on IBC jolts bankers, lawyers

Updated at : 2022-08-22 09:00:05

Rate this item

(1 Vote)

They said the ruling could deflate an already delayed process under the Insolvency and Bankruptcy Code (IBC) and will most likely be used by unscrupulous promoters to argue against the admission of cases, potentially denting the potency of the dedicated recovery mechanism.

Rate this item

(1 Vote)

Centro Credit Bank, Bank Soyuz and MTC Bank are also said to be part of the group of Russian lenders that are not under global economic sanctions and are negotiating with their local counterparts, such as the State Bank of India, IndusInd Bank, Bank of Baroda and Yes Bank.

The move comes at a time when Sebi plans to file a review petition in the apex court against the August 5 order that had ruled in favour of the company on accessing the relevant documents.

Asian shares slip anew, dollar keeps rising

Updated at : 2022-08-22 09:00:05

Rate this item

(1 Vote)

"We expect a reminder that more tightening is needed and there is still a lot of progress to be done on inflation, but no explicit commitment to a specific rate hike action for September," said Jan Nevruzi, an analyst at NatWest Markets.

Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.