Market watch: Asian stocks climb as rate-cut hopes steady markets; crude prices ease on Russia-Ukraine peace signals

File photo (Picture credit: AP) Asian equities began the week on a firmer footing as expectations for a US interest rate cut lifted sentiment across the region, even as oil prices slipped on progress in Russia-Ukraine peace efforts.Market confidence improved after New York Federal Reserve President John Williams indicated there was still “room for a…

Read More

Wedding splurge fuels consumption surge

When it comes to weddings, most Indians want them to be big, fat and bling. The wedding season is off to a strong start; hotels from Corbett to Bodh Gaya are booked as more Indians choose offbeat locales to tie the knot, shopping of Banarasi sarees, sherwanis, shoes and jewellery is in full swing and…

Read More

Economists expect RBI to cut rates as inflation eases

MUMBAI: Several global banks and economists expect a 25 basis points (100 bps = 1 percentage point) repo cut in Dec 2025, possibly ending the current easing cycle. Near-zero CPI inflation in Oct has strengthened confidence that RBI’s monetary policy committee can ease rates even if July-Sept growth exceeds the central bank’s forecast of 7%.A…

Read More

Adani looks to acquire pilot training co FSTC

Mumbai: Adani Group‘s defence and aerospace unit is considering an acquisition of Flight Simulation Technique Centre (FSTC), India’s leading non-captive pilot training firm, people familiar with the matter said. If the deal goes through, it will mark the group’s entry into the aviation training business and ramp up its M&A portfolio.Established in 2012, FSTC has…

Read More

Rental market moderates, NCR sees strong demand: Report

NEW DELHI: Magicbricks has released the rental Index for the July-Sept quarter, highlighting that the rental market is resetting after three quarters of strong activity. The report showed that average rents continued to strengthen, rising 4.4% quarter-on-quarter and 18.1% year-on-year, even as key metros displayed differing levels of tenant activity during this period.National rental demand…

Read More

‘Emerging as reliable partner of world’: Commerce minister Goyal during Israel visit; FTA talks move forward

NEW DELHI: Union commerce and industry minister Piyush Goyal’s recent three-day visit to Israel highlighted India’s growing role as a trusted and reliable partner on the global stage. Invited by Israel’s Minister of Economy and Industry, Nir Barkat, Goyal visited the country from November 20–22.“Today, India is emerging as a trusted friend and a reliable…

Read More

No January hikes? FMCG and auto firms stall routine price increases; act cautiously after recent GST cuts

Rising production costs are putting pressure on consumer goods makers, but many are choosing to delay price hikes amid fears that any upward revision could trigger government action following the latest GST reductions.Executives from major firms in categories such as soaps, biscuits, detergents, automobiles and consumer electronics said they plan to approach the government and…

Read More

Stock market outlook: Macros in focus as GDP, IIP data due this week; Analysts flag volatility ahead of derivatives expiry

India’s equity markets are expected to see heightened volatility this week, driven by key domestic macroeconomic data releases, global market cues and foreign investor activity, analysts said. “This week, volatility may increase ahead of the November derivatives expiry. Domestically, markets will track several high-impact macro releases, including Q2 GDP data and industrial production,” Ajit Mishra,…

Read More