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West Asia war uncertainty keeps businesses on edge

MUMBAI: A prolonged war in West Asia is making it difficult for companies to manage their costs—the persistent volatility be it in terms of commodity inflation, freight charges or exchange rates means nothing can be planned with certainty. While rising costs will squeeze margins, some of the businesses are also wary that discretionary demand may...
rbi

RBI expected to hold rates on Aug 5

High frequency indicators, including industrial output and GST collections, point to resilient domestic activity. MUMBAI: RBI is expected to leave interest rates unchanged at its monetary policy committee meeting on August 5 as economists see little case for an immediate policy move despite rising inflation risks, with rupee being stable, resilient domestic growth and uncertainty...
new market timings from monday fampo segment to remain open till 340 pm

New stock market timings from August 3: What has changed?

Final minutes of the trading day are set to change from Monday, August 3, as the Securities and Exchange Board of India (Sebi) is introducing a new Closing Auction Session for F&O-eligible stocks and extending trading hours for the equity derivatives segment.The new framework brings a different end-of-day routine for traders, especially those in F&O-eligible...
fpis return to india inject rs 20200 crore into equities

FPIs return to India: Rs 20,200 crore injected into equities after four months of selling

Foreign portfolio investors (FPIs) made their comeback to Indian equities in July after staying away for four consecutive months, emerging as net buyers with investments worth Rs 20,200 crore. Attractive valuations, improving corporate earnings and a better global investment environment helped bring foreign investors back.According to data from the Central Depository Services (India) Ltd (CDSL),...
capital one counters trump on blocking trump accounts

Capital One says anti-money laundering review led to closure of over 300 Trump Organization accounts

Trump had claimed that blocking was politcally motivated US President Donald Trump’s family business Trump Organization has been accused by Capital One of having its bank accounts closed following an internal anti-money laundering (AML) review, according to a court filing amid ongoing legal battle.In a court filing on Friday, the bank said the account closures...
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