New Delhi, Fitch Ratings on Friday revised its outlook on domestic steel major Tata Steel to negative due to uncertainty over the turnaround of the company's operations in the UK.However, expected strong growth in Tata Steel's India operations and potential earnings before interest, taxes...
In Mumbai, central banks should take responsibility for achieving price stability and should be given independence to act to achieve it, a senior official at the Federal Reserve Bank of New York said on Friday.In a talk at the headquarters of the Reserve Bank of India (RBI), the president and...
Lucknow, BSP chief Mayawati on Monday said the uncertainty over the medical entrance exam NEET has created restlessness, anxiety and anger among the people and demanded a permanent solution to the matter.Allegations of irregularities, including paper leaks, in the National Eligibility cum...
New Delhi: Foreign investors have pulled out a massive Rs 22,000 crore from Indian equities so far this month due to uncertainty over the Lok Sabha election results and better performance of Chinese markets.Changes in India's tax treaty with Mauritius and concerns over a sustained rise in US...
New Delhi: Foreign investors pulled out a massive Rs 17,000 crore from Indian equities in the first 10 days of the month due to uncertainty over the general elections and its outcome as well as expensive valuations and profit booking.This was much higher than the net outflow of Rs 8,700 crore...
Nifty has also fallen by about 850 points from 22,794 points to 21,95 points in the last five trading sessions.According to industry experts, weak fourth quarter earnings signals from largecap companies have weakened investor sentiment and triggered profit-booking.Moreover, the volatility...
The 30-share BSE benchmark Sensex fell 1,100 points due to uncertainty arising from media reports.FM Sitharaman, reacting to a post on Twitter by a TV news channel, claimed that in a sweeping change, the Income Tax Department plans to apply uniform treatment to all asset classes.Currently, a...
New Delhi [India], Volatility returned to Indian stock markets after a rally in early April. The current volatility is mainly driven by selling activity by foreign institutional investors (FIIs). Despite inflows into the primary markets, secondary markets have experienced significant selling by...
"With the drone and missile attacks on Israel by Iran, there has been a marked increase in the geopolitical risk quotient, bringing greater uncertainty to the global economic outlook. However, crude oil prices are still not bullish above $90 a barrel. "There is a strong possibility that the $100...
Anantnag (JK), National Conference candidate for Anantnag-Rajouri Lok Sabha seat Mian Altaf Ahmed on Monday said he is in a "comfortable position" as he is the most acceptable candidate among the contestants on both sides of the Pai Panjal range.“I am in a comfortable position and I feel I am...
He is likely to be fielded from Jalandhar (reserved) Lok Sabha seat.Tinu was elected MLA from Adampur assembly constituency of Jalandha twice on Akali Dal ticket – in 2012 and 2017. He also contested the Lok Sabha elections from Jalandhar in 2014 but lost to Congress leader Santokh Chaudhary...
Colombo: The Asian Development Bank (ADB) has said that "uncertainty" over the impending elections in Sri Lanka will lead to a possible deterioration in the country's economic outlook.Presidential elections are scheduled to be held in the island nation in the last quarter of this year, while...
"Political uncertainty that continues to influence macroeconomic policy-making will remain a major risk to the sustainability of stabilization and recovery efforts," ADB said.On the external front, potential supply chain disruptions from escalating conflict in the Middle East will weigh on the...
New Delhi: Global trade growth is expected to pick up gradually this year after a contraction in 2023, but regional conflicts, geopolitical tensions and economic policy uncertainty pose significant downside risks, according to a WT forecast released on Wednesday.However, the World Trade...