These funds have spent tens of billions of dollars on futures, helping push the benchmark S&P 500 and tech-heavy Nasdaq Composite up double-digits from recent lows
After almost four years in charge, the CEO’s strategy to diversify the bank has not been as transformative as many had hoped
Unable to defend its record, AAP has resorted to misleading the public, like raising the issue of loan write-offs
The confrontations point to the increasing use of the police to settle political scores
To quadruple capacity built in the past 75 years, India’s energy sector will see shifts in the next 25 years, which will open opportunities for start ups and incumbents
It was the Indian government, led by Congress, that had first banned Rushdie's "The Satanic Verses" under 295A section of criminal code which criminalises “insults” to religious and other social groups. It is a British-era law which is still in practice.
The company was able to cash in on the recovery in demand for passenger cars in the previous quarter, but headwinds remain
Privatisation can ‘crowd out’ new or greenfield investment, as there is no new physical capital being created
The Bank of America survey of fund managers says while sentiment is still too bearish for an immediate reversal of the rally, they would fade the rally when the S&P goes above 4328
As the old football saying goes, it’s the hope that kills you.
In today’s edition of Moneycontrol Pro Panorama: A PhD dropout’s trading journey, economy’s cues for the market, oil prices hit a soft stretch, SAIL sets sail for better show, Berger Paints’ valuation issue and more
The global ambitions of both HSBC and Citigroup have been pared back, replaced by a narrower focus on core markets. The shift in strategy of the two banks tracks the arc of globalization
The country has a history of such initiatives going awry. They have not worked in the past, and inflation has continued unabated
Whether Mamata Banerjee is doing an about-face vis-a-vis the BJP, or only minor adjustments, will be known in days to come
Most foundry stocks have declined over the past year, even with continued double-digit revenue growth, largely because the high rate of spending on new facilities heightens concerns that capacity will outstrip demand if a global recession hits
As an adherent of the One China policy, India has maintained silence about the Taiwan cause. But maybe it is time to speak up, as democracies need to join forces and counter a muscular China
The RBI has taken the first step of putting together guidelines but co-ordination among regulators and arms of government critical to rein in unscrupulous operators
The good news is, even with a hard landing, markets recover sharply after the onset of the recession, giving, on average, great returns 12 months and 24 months later as the early cycle starts taking root
Women’s workforce participation rate has gone down by almost half in 15 years, from 32 per cent in 2005 to 19 per cent in 2021
After the disaster that was WeWork, its co-founder Adam Neumann has now come up with a new real-estate startup, Flowcarbon. Hopefully this project will fare better than Neumann's other ventures
He spearheaded Deutsche Bank’s attempt to conquer Wall Street and was known for his hard-charging style
The demand for homegrown technology solutions in foreign markets is a validation that Indian FinTech has come of age
EU move to scrap GSP benefits for several sectors should prompt New Delhi to pursue an exclusive trade pact with Brussels in right earnest
In the near term, falling steel demand across the world both from the slowdown in China and the West and the questions over the BRI will prompt China to look for other means to sustain its massive steel industry, perhaps by dumping
A virtuous cycle of growth, employment, savings, and investment can be created if people are productively employed
