BUSINESS

Following RBI's 35 basis point rate hike and hawkish stance to bring inflation down, Sensex ended 216 points lower while the Nifty ended below 18,600 mark. Global cues weren't supportive of bulls either. Today's was the third straight day…

Rishi Sunak and Joe Biden photographed on the sidelines of the G20 Summit in Indonesia on Nov. 16, 2022.Saul Loeb | AFP | Getty ImagesLONDON — The U.K. and U.S. are forming a new energy partnership focused on boosting energy security and…

"As a fund manager we will have to try and see that what are the sectors that are likely to do well in the near term as well as over a longer period of time and try to a strike a balance between the two when we are looking at investing into…

"I do not see too much of a hiccup though 18,550 is your immediate support on the downside. If that breaks, maybe 100-150 points further correction can be seen," says Aditya Agarwala, Invest4edu. Though the RBI action has been on…

Domestic equity markets took a turn for the worse post-RBI's bi-monthly monetary policy announcement. The euphoria over mild rate hikes soon fizzled out as commentary from the RBI chief dragged BSE Sensex 355 points down from the day's…

, part of the power generation industry, recouped losses after hitting a low back in February 2022, and a recent breakout from a 5-year consolidation zone augers well for the bulls. The stock, with a market capitalization of more than Rs…

Indian government bond yields rose, with the benchmark 10-year yield hitting 7.30%, after the Reserve bank of India raised lending rates by 35 basis points and sounded a hawkish note over inflation outlook. The benchmark 10-year yield was…

"Net-net the policy was as per market expectation and the data going forward will determine what happens to the terminal repo rate and what happens to the liquidity," says Nilesh Shah, MD, Kotak, AMC. If we look at the RBI commentary…

Introduction: UK house prices fell 2.3% in November, biggest since 2008Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.UK house prices have tumbled at the fastest rate since October…

"The liquidity surplus as far as banks are concerned is slightly lower than what the governor has said because of different adjustments made and hence the pressure on deposit rates," says Ashwini Kumar Tewari, MD, SBI. Mythili Bhusnurmath:…