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In the realm of international crude prices, the adage “It never rains, but pours!” holds true. With a staggering 29% surge in the third quarter of 2023, the dated Brent price looms around $90/barrel, threatening to breach the $100/barrel mark […]
In the past month, financials and industrials have borne the brunt of the ongoing risk-aversion trade prompted by Foreign Portfolio Investor (FPI) selling, with indications pointing towards a continuation of this trend. Foreign investors’ over-ownership in financials, coupled with substantial […]
In recent days, India’s stock market index has experienced a nearly 5% decline, mirroring the jitteriness in global markets due to the escalating Israel-Hamas conflict. The downturn in emerging market stock indices, ongoing for about 12 weeks, intensified with concerns […]
India stood with Canada in an attempt to amend a United Nations resolution, seeking condemnation of Hamas attacks. Unfortunately, the amendment did not garner the necessary majority. In the UN session on Friday, India chose to abstain from voting on […]
In a pointed address at an event in Shirdi, Maharashtra, Prime Minister Narendra Modi criticized certain political figures, implicitly referring to Nationalist Congress Party (NCP) founder Sharad Pawar, for exploiting the cause of farmers for political gain. Modi emphasized his […]
Tata Group has made history by becoming India’s first domestic iPhone manufacturer, according to an announcement made by Union Minister of State for Electronics & Technology, Rajeev Chandrasekhar, on the social networking platform X, on October 27. This significant milestone […]
In a groundbreaking conversation on 3one4 Capital’s debut podcast episode ‘The Record’, Infosys founder NR Narayana Murthy delivered a resounding call for India’s youth to embrace a rigorous work culture. Murthy emphasized that working 70 hours a week is essential […]
Indian equities sustained their downward trajectory for the sixth consecutive session, influenced by weak global indicators and the monthly expiry of derivatives contracts. Heightened geopolitical tensions in West Asia and US Treasury yields hovering around 5 percent created a sense […]
Canada has welcomed India’s recent decision to resume specific visa services, signaling a positive turn amid recent diplomatic tensions. The Indian High Commission in Canada announced the resumption of visa processing for Canadians both domestically and internationally, a month after […]
India’s economic resilience faces significant challenges, according to a recent report from the finance ministry. The nation’s robust macro fundamentals are counterbalanced by fresh geopolitical tensions, unpredictable crude oil prices, and a sluggish global demand. The Monthly Economic Review report […]