S&P Global Ratings on Tuesday upped India’s GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a “significant pressure”
Equity benchmarks Sensex and Nifty on Tuesday gave up most of their sharp intra-day gains due to the emergence of profit-taking as investors turned cautious amid reports of a ceasefire violation between Iran and Israel. In the morning trade, markets
‘We continue to view India as a standout within EM.’ Illustration: Dominic Xavier/Rediff Mid and smallcap stocks took a beating during the market correction earlier this year. Venugopal Garre, managing director and India head of research at Bernstein, tells Puneet
Institutional investments in Indian real estate are estimated to decline 37 per cent to $3.06 billion during the first half of this year on global economic uncertainties, according to JLL. Real estate consultant JLL India data showed that institutional investments
Since April 4, around 35 importers in India have either not received any shipment of the magnets or have not been granted the import licences by China. IMAGE: Workers transport soil containing rare earth elements for export at a port
Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday amid heightened tensions in the Middle East after the US bombed three major nuclear sites in Iran. Photograph: Francis Mascarenhas/Reuters The 30-share BSE Sensex tumbled 705.65 points to
US strikes on Iran’s three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz – one of the world’s most critical chokepoints, through which a fifth of global oil and gas supply
Geopolitical tensions, including wars in the Middle East, have impacted the Indian workplace with 63 per cent of respondents confirming that their companies are either freezing hiring or downsizing teams, claims a report. Over 63 per cent of respondents said
The domestic stock market will continue to monitor the Israel-Iran conflict and its impact on global supplies besides prices of crude oil this week, analysts said. Global trends and trading activity of foreign investors would also drive investors’ sentiment during
India has ramped up purchases of Russian oil in June, importing more than the combined volumes from Middle Eastern suppliers such as Saudi Arabia and Iraq, amid market volatility triggered by Israel’s dramatic attack on Iran. IMAGE: Missiles launched from
