Edward Johnson 
Indian market is likely to head higher on Wednesday tracking positive global cues. The Nifty future closed negative with marginal losses of 0.01% at 22354 levels on Tuesday. India VIX was down by 19.72% from 12.70 to 10.20 levels. On the options front, the maximum Call OI is placed at 22400 and then towards 22600 … Read more
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Boeing’s quarterly report on Wednesday will be the most complete accounting to date of the fallout from the midair loss of a door plug from a 737 Max … Read more
Mumbai: The Reserve Bank of India (RBI) bought $8.5 billion in the foreign exchange market on a net basis in February, the highest net purchase by the central bank in 32 months, latest data showed. In January, the RBI had net purchased $1.9 billion in the spot market, the central bank’s April 2023 Bulletin showed. … Read more
Every dog will have its day and here comes the FTSE 100 index, not so much soaring as limping to a record high of 8,076. If that sounds too grumpy, consider that the previous record, 8,047, was set in February last year. In the 14 months it has taken the UK’s premier index to regain … Read more
Equity indices Sensex and Nifty closed higher for the third session in a row on Tuesday, following gains in telecom, tech and consumer durable shares amid a firm trend in the global markets. Stocks that were in focus included names like ABFRL, which rose 9.24%, Tata Consumer, which was flat, and HUL, whose shares increased … Read more
The former Post Office chief executive Paula Vennells and other senior executives searched for “non-emotive” words to describe computer bugs found in the company’s Horizon IT system in an “absolutely Orwellian” use of language, a public inquiry has heard. The inquiry is investigating why the Post Office hounded and prosecuted post office operators for more … Read more
The Federal Trade Commission voted 3-2 Tuesday to ban most noncompete agreements, a watershed moment for the U.S. workforce that faces an uncertain future. These common agreements currently bar employees from leaving to work for competitors or start a competing business. The new rule prevents companies to use them moving forward, and it retroactively wipes out … Read more
Mumbai: Overseas investors were buyers of Indian equities worth ₹17,932 crore across 15 sectors between April 1 and 15, as per National Securities Depository Ltd (NSDL) data. Power sector received the highest inflow from foreign investors, who bought shares worth ₹5,143 crore after buying ₹45 crore in March. In 2023, the sector witnessed inflows worth … Read more
The deployment of the government’s childcare scheme to tens of thousands more families is facing “significant uncertainties” and may struggle to meet its own targets, according to a report by Whitehall’s spending watchdog. The National Audit Office revealed the Department for Education (DfE) had assessed the likelihood of being able to deliver the funded childcare … Read more
The Federal Trade Commission voted 3-2 Tuesday to ban most noncompete agreements, a watershed moment for the U.S. workforce that faces an uncertain future. These common agreements currently bar employees from leaving to work for competitors or start a competing business. The new rule prevents companies to use them moving forward, and it retroactively wipes out … Read more
