The Bloomberg Global Aggregate Total Return Index of government and investment-grade corporate bonds has fallen more than 20% below its 2021 peak, the biggest drawdown since its 1990 inception. Under pressure from central bankers determined to quash inflation even at…
Anil Sarin of Centrum PMS says India has always been an expensive market, but this is justified due to attractive historical stock returns and higher earnings growth. One has to look at mid-cap and small-cap space individually, instead of focusing…
Mikhail Gorbachev, the final leader of the Soviet Union and a reformer who helped end the Cold War and lead his country from communism to capitalism, died Tuesday at 91, according to the Gorbachev Foundation. “Mikhail Sergeevich Gorbachev died this…
New Delhi/Panaji: In actor and BJP leader Sonali Phogat’s murder case, two more people have been arrested, including a drug dealer and the owner of the Goa restaurant where she was seen partying the night before her death. This brings…
The Ukraine-Russia conflict will require continuing prudent diplomacy and economic planning Russia’s unprovoked assault on Ukraine, which completes six months tomorrow, came at a singularly inopportune time for a world recovering from the economic impacts of a global pandemic. The…
THE TWO PEOPLE DROWNED WHILE CROSSING A TEMPORARY BRIDGE BUILT ON A DRAIN IN SOLANG, MANALI. The rescue operation began in Solang Nala in Himachal Pradesh’s Kullu on Tuesday after two people went missing in the flash floods caused due to heavy…
As U.S. President Joe Biden pushed for lower fuel prices, putting pressure on significant U.S. corporations to lessen the burden on drivers during the nation’s peak summer demand, oil prices fell in early trade on Wednesday. While Brent crude prices…
Oil prices fell almost 5% to a three-week low on Friday, prompting investors to fear that interest rate rises by major central banks would slow the global economy and reduce energy demand. Shares of energy companies fell up to 17%…
On Thursday, a protest was staged in the Sri Lankan capital against the proposed windmill project in the northeastern district of Mannar, which is being developed by India’s Adani business. The Gotagogama (President Gotabaya, go home) demonstrators congregated in the…
The State Bank of India (SBI) has reshuffled its senior management and subsidiaries to improve efficiency, according to a media report published on Thursday. The portfolios of all four MDs have been reshuffled, according to the Indian Express story. SBI’s…