Global supply chains need to be more robust, resilient and flexible: Sunil Munjal
Our prime minister has now started making such amazing aspirational speeches. One, of course, he talked about the approach to doing good.
Positive Breakout: HFCL and 3 other stocks cross above their 200 DMA
China Evergrande shares plunge more than 80% as trade resumes after 17 months
The stock had been suspended since March 21, 2022. Its Hong Kong-listed units, China Evergrande New Energy Vehicle Group and Evergrande Property Services Group have both resumed trading in the past month after a 16 month halt.
Gold flat after Powell’s hawkish speech; focus on economic data
Spot gold was little changed at $1,915.79 per ounce by 0105 GMT, U.S. gold futures gained 0.2% to $1,943.60 as investors awaited key economic data including the U.S. non-farm payroll report on Friday.
Strategy in place, Max Life in growth push: Prashant Tripathy
The solvency level of Max Life Insurance is now at 188%. Though it is significantly higher than the 150% that is prescribed by the IRDAI, we need growth capital. The organisation has huge plans for growth across all channels.
My learnings from Warren Buffett: S Naren
Warren through his investment journey has shown that investing is not just arithmetic, but taking sensible long-term decisions.
Nifty likely to see further downside: Analysts
Bharti Airtel, Federal Bank, Godrej Consumer, Persistent Systems, Century Textiles and Castrol has formed bullish trends on the charts.
Fund managers meet TD Power management over promoters’ dispute
Sources said fund managers who attended the meeting raised concerns with the company management over the lack of disclosures about the dispute between the promoters prior to the stake sale.
Brace for a volatility surge after high-rates mantra of Jackson Hole
In an address Friday at the Kansas City Fed’s annual symposium in Jackson Hole, Wyoming, Powell said that the Fed is “prepared to raise rates further if appropriate,” even as he stressed that monetary policy will continue to be shaped by economic data.
EM funding gets creative as dollar bonds dry up
The sale of dollar bonds from developing countries sunk to the lowest since 2021 in August as global yields spiked to multi-year highs and 15 emerging nations traded at distressed levels. Only $1.4 billion has been raised in emerging debt this month, compared with $4.5 billion in August 2022 and average monthly sales of $15.4 […]