Societe Generale downgraded Indian equities from ‘overweight’ to ‘neutral’ due to anticipated volatility in the stock markets ahead of the upcoming general elections. The strategists […]
Category: Finance
Foot Locker Takes a Giant Step: Unveils Plans for Entry Into the Indian Market
Foot Locker’s premarket stocks surged by 10% following the announcement of its entry into the Indian market and surpassing Q3 Adj. EPS estimates by 30 […]
Nottingham City Council Declares Effective Bankruptcy Amid Financial Strain and Failed Ventures
Nottingham City Council has declared effective bankruptcy, leading to a cessation of all spending except for essential services mandated by law. The council’s financial woes, […]
𝐓𝐚𝐭𝐚 𝐌𝐨𝐭𝐨𝐫𝐬 Sold 9.9% Stake in 𝐓𝐚𝐭𝐚 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬
Tata Motors sold a 9.9% stake in its subsidiary, Tata Technologies, for an equity valuation of Rs 16,300 crore ($2B) to TPG Rise Climate and […]
Jeffries Predicts 25% Plunge in Indian Stock Market if Prime Minister Narendra Modi Does Not Come to Power in the 2024 General Election
A report titled “India: A New Era of Uncertainty” suggests that if Modi is defeated, it could lead to political instability, a sell-off of Indian […]
RBI Governor Shaktikanta Das Stresses Dual Focus on Inflation and Growth in Comprehensive Economic Address
Reserve Bank of India (RBI) Governor Shaktikanta Das, speaking at a banking event in Mumbai, reasserted the central bank’s commitment to a dual focus on […]
Navigating India’s Banking Liquidity Crunch: Understanding the Current Landscape and Future Prospects
In a recent development, India’s banking sector finds itself entangled in a pronounced liquidity deficit, a challenge reaching a near five-year pinnacle. The Reserve Bank […]
Binance CEO CZ reportedly considering stepping down as a criminal investigation ends, according to Forbes
The Department of Justice is scheduled to announce a settlement with Binance in a press conference today. Binance Holdings faces a demand of over $4 […]
Federal Reserve FOMC Meeting Insights: A Delicate Balancing Act
The recently released minutes from the Federal Reserve’s October 31-November 1 policy meeting shed light on the unanimous agreement among participants regarding the cautious approach […]
Sebi Chief Expresses Concern Over Investor Interest in F&O, Emphasizes Long-Term Perspective
The chairperson of the Securities and Exchange Board of India (SEBI) Madhabi Puri Buch, in a recent statement at a BSE event, conveyed confusion and […]
France and US Propose Ban on Private Financing for Coal-Fired Plants at COP28
In a move that could heighten tensions at the upcoming COP28 summit, France, with support from the United States, is set to propose the “New […]
Global Hedge Funds Shift Portfolios Amidst Changing Market Dynamics
In the week from November 10 to November 16, global hedge funds orchestrated a significant shift in their portfolios, as revealed by Goldman Sachs. Notably, […]