Edward Johnson 
Heathrow airport has said it experienced a 90,000 decline in passenger numbers on routes included in a £10 a person government scheme. It described the electronic travel authorisation (ETA) system as “devastating for our hub competitiveness”. The Conservative government introduced ETAs in November 2023 for people entering or transiting through the UK without legal residence … Read more
Following Life Insurance Corporation’s (LIC’s) June quarter earnings on Thursday, several top brokerages came out with their views on the stock of India’s largest state-run insurer. While JM Financial and Antique Stock Broking have reiterated their buy views on the counter, Investec has maintained a ‘hold’ stance. LIC reported a consolidated net profit of Rs … Read more
Introduction: Bank of England ratesetter warns against being ‘seduced’ by lower inflation Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. One of the Bank of England’s hawkish policymakers has warned that the UK should not be “seduced” by the recent fall in inflation, given underlying price … Read more
Cameron Brandt, Director of Research, EPFR Global, says equity investors are treating market volatility as something of an opportunity and there is a bit of buying. Investors are coming in on lower valuations and cheaper entry points for ETFs in key markets. However, as investors are taking some risk off the table in high-yield bond … Read more
My partner and I paid £767 for holiday flights to Japan through Opodo. When we tried to check in for our flight home we were informed Opodo had cancelled our reservation weeks before, despite having sent an email two days earlier reminding us of our “confirmed” booking. Flight details were still showing in the app. … Read more
The SME IPO of Positron Energy has opened for subscription today and will close on August 14. The company aims to raise about Rs 51.21 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the … Read more
The opening of Biennial exhibit “Even better than the real thing” at The Whitney Museum of American Art on March 12, 2024, in New York City. Sean Zanni | Patrick Mcmullan | Getty Images New York City’s art museums are among the most popular in the world — the Metropolitan Museum of Art (known as … Read more
The SME IPO of Sunlite Recycling Industries opened for subscription today and will close on August 14. The company aims to raise about Rs 30.24 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the … Read more
Last week was a historic one where the volatility indices shot up because of the global events such as lower-than-expected non-farm US data and at the same time the Bank of Japan rate hike which triggered yen carry trade unwinding. The Indian markets saw this impact and opened down on Monday but sustained the levels … Read more
“I believe we are currently in India’s Golden Decade and by 2030, on a market cap-to-GDP ratio of 115, Sensex will have scaled the 1,15,253-mark,” says Amisha Vora, Chairperson & MD, PL Capital – Prabhudas Lilladher. In an interview with ETMarkets, Vora said: “We remain positive on Capital Goods, Infra, Healthcare, Auto, Ports, Cement, Private … Read more
