India to be an outlier in the global economy: Report
Nomura expects that growth in major global economies may weaken in 2020, like US growth may slip from 2.3% to 1.8%, China (6.1% to 5.7%), the euro area (1.2% to 0.9%) and Japan (1.0% to 0.2%). This will be offset by a handful of smaller EMs – Brazil, Mexico, India, Turkey and South Africa – rebounding from tepid growth in 2019.
Overall global slowdown impacted textiles but no report on decline in industry: Smriti Irani
“Overall global growth slowdown no doubt impacte...
Crude oil futures gain on spot demand, global cues
Crude oil prices on Thursday gained by Rs 2 to Rs 4,162 per barrel
India needs to demonstrate willingness to become part of global supply chain: US
Speaking at a programme to commemorate the 60th anniversary of President Eisenhower's Historic Visit to India, Acting Assistant Secretary of State for South and Central Asia, Alice G Wells, said the trade talks between India and the US are going on well.
Buy Tata Global Beverages, price target Rs 324: Kunal Bothra
The analyst suggested a stoploss at Rs 308.
UBL to snap ties with global distributor over ‘Mallya link’
Liquor co may start exporting directly through parent Heineken’s global distribution net. According to sources, ED is investigating at least five companies in India and overseas for their alleged association with embattled liquor baron Vijay Mallya. On July 24, the ED had raided Ultimate Branding Worldwide, run by Mallya’s former executive assistant V Shashikant.
Ujjivan stock a little overvalued, should settle at Rs 52-55: Siddharth Purohit, SMC Global
The business model of the small finance banks is evolving and is fairly strong.
Hong Kong's role in global finance remains intact despite months of protests: Fitch
Fitch had downgraded Hong Kong's long-term foreign currency issuer default rating.
Share market update: FMCG shares trade higher; Tata Global gains 3%
The Nifty FMCG index was trading 0.44 per cent up at 30,234.90.
Investors believe govt clueless on how to tackle slowdown: Jamal Mecklai
Jamal Mecklai, Founder & CEO of Mecklai Financial, says sovereign bond issue is an idea the government must not shelve. He says while money ...
SP Jain School of Global Management's report card: Class of 2019 heads to Australia
Over 50 per cent students secured jobs in Australia with a good package.
Sensex rises 130 pts on firm global cues, Nifty nears 11,950
Domestic benchmark indices opened on a positive note on Thursday with Sensex trading 158.19 points higher at 40,570.76 and Nifty up by 47.30...
Sensex rises 150 points, Nifty tops 11,950 amid firm global cues
Volatility index, India VIX, slide further 4.42 per cent to 12.78.
Global airlines cut 2019 profit forecast over trade tensions
IATA cut full-year net profit forecast to $25.9 billion, a 5.1% decline from 2018.
US asks Pakistan to ensure "full prosecution" and "expeditious trial" of Hafiz Saeed
The US reaction came hours after an anti-terrorism court in Lahore indicted Saeed and three of his top aides Hafiz Abdul Salam bin Muhammad, Muhammad Ashraf and Zafar Iqbal on terror financing charges. "We welcome the indictment of Hafiz Saeed and his associates," Alice G Wells, the Acting Assistant Secretary of State for South and Central Asia, tweeted.
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