A temporary cease-fire in the war on Iran faces multiple hurdles and investors are watching the release of U.S. government data on inflation. Source link
Strait of Hormuz (AP image) The Strait of Hormuz, which links the Gulf of Oman with the Persian Gulf, has become the focal point of global energy tensions since the war began on February 28.Ever since Iran and the US announced a two-week ceasefire, traffic through the critical waterway has remained severely restricted, with as…
Asian shares rallied in early trade on Friday after investors reacted positively to easing geopolitical fears and a modest recovery in global risk sentiment following developments in Middle East peace efforts.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5%. Japan’s Nikkei 225 added 1.5%, while South Korea’s Kospi climbed 1.9%, leading regional advances. S&P…
Stock market today (AI image) Stock market today: Indian equity benchmarks, Sensex and Nifty50, opened in green in trade on Friday after a day of losses on Thursday. While Nifty50 went above 23,900, BSE Sensex was up over 400 points, crossing the 77,000 mark. At 9:16 AM, Nifty50 was at around 23,921.05, up 146 points…
Tensions persisted, with Israel continuing strikes in Lebanon, which Tehran insists should be included in the ceasefire, while there was no indication that Iran had eased its blockade of the Strait of Hormuz. A breakdown in talks and a renewed escalation in the conflict could drive up energy prices and inflation, potentially forcing the Federal…
Top stocks to buy (AI image) Stock market recommendations: IndusInd Bank, and IIFL Finance – these are the two stocks that Bajaj Broking Research has recommended for buying today with a one month time horizon. The brokerage has also shared its views and outlook for Nifty, and Bank Nifty.Index View: NIFTYIndian benchmark indices saw a…
MUMBAI: With the US-Iran ceasefire in West Asia looking fragile, sensex gave up part of Wednesday’s gains to close 931 points lower at 76,632 points on Thursday as foreign funds continued to lead the selloff. Investors around the world were skeptical about the continuation of the truce that was announced on Tuesday as Israel, a…
NEW DELHI: India is well placed to weather the current global energy shocks as risks are “cushioned by ample buffers” including high forex reserves, fiscal space and a well-capitalised banking system, World Bank said Thursday, while projecting average growth of 7.1% during FY28-FY29. The assessment comes a day after the multilateral lender raised its FY27…
A federal judge gutted a set of rules that were adopted after the court declared an earlier press policy unconstitutional, in a case brought by The New York Times. Source link
NEW DELHI: After a gap of nearly two months, India and the US will hold talks on trade issues, with a team led by chief negotiator due to visit Washington soon. While dates are being finalised, US ambassador to India Sergio Gor said: “The US and India have previously agreed to a trade deal, and…
