After ending last Friday’s trading mostly higher, stocks may move back to the downside in early trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the […]
Hamas Refusal To Release Young Women Hostages Led To Truce Breakdown: Biden
President Joe Biden says it was Hamas’s refusal to release young women civilian hostages that led to a breakdown in the humanitarian pause in fighting agreed by Israel and the Gaza militant outfit. Biden made […]
India GDP Growth Remains Solid At 7.6% In September Qtr
The Indian economy continued to grow at a robust pace in the three months to September, preliminary data from the statistics ministry showed Thursday. Gross domestic product grew 7.6 percent year-on-year following a 7.8 percent […]
Wall Street Targets To Open Significantly Higher
The weekly jobless claims and pending home sales might be the highlight on Thursday. Investors have their focus on major inflation readings. Early cues from the U.S. Futures Index suggest that Wall Street might open […]
Airlines To Record Strong Growth In Profit, Revenues Ahead: IATA
Airlines across the globe will record higher profit and revenues this year and in 2024 amid growing demand, according to the International Air Transport Association or IATA. Revenues in 2024 are expected to rise faster […]
Flights cancelled, airfares jump 52-171% as rainfall batters Chennai
Airfares on major domestic routes from Chennai surged as flight operations at the airport were disrupted due to strong winds and torrential rain that lashed the city in the wake of Cyclone Michaung on Monday. […]
Markets Brace For Data-heavy Week
Caution was obvious across markets at the onset of a data-heavy week. Updates on consumer confidence, inflation, GDP as well as PMI are due in the week from major economies. Crucial OPEC+ meeting, Fed’s preferred […]
EU Accuses Five Starter Batteries Manufacturers Of Running Price Fixing Cartel
The European Commission has accused a group of five automotive starter batteries manufacturers, along with trade association Eurobat and its service provider Kellen, of breaching EU antitrust rules for colluding to increase battery prices by […]
Biotech Stocks Facing FDA Decision In December 2023
The month of November witnessed a couple of notable firsts, including the approval of the first treatment for congenital thrombotic thrombocytopenic purpura, the first chikungunya vaccine and the first treatment for progressing desmoid tumors. So […]
RIL, ICICI, Infy to draw highest flows on US retirement fund switch
The Federal Retirement Thrift Investment Board’s (FRTIB), one of the US government’s main retirement funds, decision to change the benchmark index for gaining international exposure will channel $3.6 billion (Rs 30,000 crore) inflows into domestic […]