The report is based on an online survey among 2,006 employees from across sectors in the country during May 12 to June 6.
China’s Taiwan Affairs Office stated it will not tolerate Taiwan’s "separatist" forces and reiterated its commitment to defending sovereignty and peace in the Taiwan Strait. Taiwan's defense ministry reported increased Chinese military activity, including 53 aircraft near the island. The Taiwanese presidential office condemned these actions as a "blatant disruption" of regional security and stability. China has not confirmed military exercises but is deploying its largest naval fleet in nearly 30 years, signaling heightened tensions. Beijing’s actions are partly in response to President Lai Ching-te’s recent Pacific tour, which included stops in Hawaii and Guam, angering China’s government.
Hyundai India sold a total of 1,91,939 units of Passenger Vehicles (PVs) during Q2, out of which export volumes stood at 42,300 units. The automaker had sold a total of 2,09,777 units in the year-ago period
Only around 20 percent of the respondents point to geopolitical tensions as the main factor weighing on the market.
The World Trade Organisation (WTO), however, lowered the trade growth projection for 2024 to 2.6 per cent.
In its Monthly Economic Review report for January, the finance ministry also said that the outlook for "reasonably low" inflation is "good" given the fall in core inflation and moderation in food prices.
Chairman and Managing Director G. Krishnakumar said weak demand in major economies and geopolitical issues ranging from ongoing war between Russia- Ukraine and crisis in the Middle-East would lead to volatility in crude prices.
On the growth outlook for 2024, Kim maintained that it is very optimistic for this calendar year but added that he could not predict the future due to the geopolitical tensions in the Middle East and war between Russia and Ukraine.
The West sounded an alarm in early March that Iran is making a nuclear bomb. After research the US, UN & IAEA found Uranium particles enriched up to 80% in Iran at numerous sites. But what has got the West spooked? Why has the US time & again been spying on middle east countries when the US itself has the second-highest number of nuclear bombs in the world. What are the findings from sites in Iran & are they really at the cusp of making a nuclear bomb as the West claims? Watch.
The rupee, according to analysts, will continue to remain under pressure in the coming months.
We expect another 10% correction in the market as India's valuation is still most expensive among emerging markets, We have a Nifty target of 14500
The world today has a long string of such tension hit areas like the Korean Peninsula, the Middle East, Venezuela etc.
Mark Matthews of Bank Julius Baer & Co said despite the geopolitical tensions in India, the house is still bullish on the country as it has been since the election of Narendra Modi as the Prime Minister.
The market butchered on the day of F&O expiry, posting the biggest one-day fall in last three months Thursday as investors opted for profit booking due to elevated geopolitical tensions at India and Pakistan border. The market posted higher ever turnover of Rs 11.5 lakh crore.
Meanwhile, a build in US crude inventories, which rose for a ninth straight week to the highest level at this time of year in more than 80 years, helped to cap gains.
Shane Lee, Director, Economist & Strategist - Equity Research, CIMB says US equities are in for a rough ride. Since September, when the US market first started correcting, geopolitical tensions have escalated, US earnings and the scenario in Europe have been a drag.
According to Hans Goetti of Banque Internationale the ECB has delivered more than the market expected, which could eventually lead to quantitative easing and expansion of ECB balance sheet.
Asian stocks rose on Monday as investors greeted news of Egyptian President Hosni Mubarak's resignation with relief, while US crude steadied near USD 85.50 per barrel after falling to 10-week lows as geopolitical tensions eased for now.