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  • Can’t go forward, won’t go back: Truss’s government hits buffers Oct 01, 2022 02:45 PM IST

    Can’t go forward, won’t go back: Truss’s government hits buffers

    Less than a month in 10 Downing Street, Liz Truss and her team have already adopted an us-against-the-world mentality, after a brutal reaction to her economic plans triggered the humiliation of a central bank rescue

  • Wall Street Week Ahead | Investors expect no peace in stocks until bond gyrations subside Oct 01, 2022 07:03 AM IST

    Wall Street Week Ahead | Investors expect no peace in stocks until bond gyrations subside

    With the third quarter over, both assets have seen painful sell-offs - the S&P 500 is down nearly 25 percent year-to-date and the ICE BofA Treasury Index has fallen by around 13 percent. The twin declines are the worst since 1938

  • S&P cuts UK rating outlook after tax cut plan Oct 01, 2022 06:53 AM IST

    S&P cuts UK rating outlook after tax cut plan

    Finance Minister Kwasi Kwarteng announced around £45 billion ($50 billion) of permanent, unfunded tax cuts as well as costly temporary subsidies to household and business energy bills

  • Wall St posts 3rd straight quarterly loss as inflation weighs, recession looms Oct 01, 2022 06:47 AM IST

    Wall St posts 3rd straight quarterly loss as inflation weighs, recession looms

    In the first nine months of 2022, Wall Street suffered three quarterly declines in a row, the longest losing streak for the S&P and the Nasdaq since 2008 and the Dow's longest quarterly slump in seven years

  • SaaS firms freeze or cut down hiring as US recession looms Sep 30, 2022 01:22 PM IST

    SaaS firms freeze or cut down hiring as US recession looms

    Companies are hiring judiciously as they worry about the impact of the US slowdown on business. HR experts say SaaS firms should use the opportunity to make business processes more efficient.

  • UK economy grows in second quarter, easing recession fears Sep 30, 2022 12:33 PM IST

    UK economy grows in second quarter, easing recession fears

    Gross domestic product expanded 0.2 percent in the three months to the end of June, upgraded from a modest 0.1-percent contraction, the Office for National Statistics said in a statement.

  • Asia markets slugged by recession risk, dollar strength Sep 28, 2022 08:10 AM IST

    Asia markets slugged by recession risk, dollar strength

    MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.7% to its lowest since April 2020 as selling swept across emerging markets.

  • Ride-hailing firm Lyft slams brakes on US hiring as recession fears mount Sep 28, 2022 06:31 AM IST

    Ride-hailing firm Lyft slams brakes on US hiring as recession fears mount

    The company, which in July cut nearly 60 jobs in its rental division, has been battling surging expenses as U.S. inflation reaches levels not seen in four decades. As of June 30, Lyft had nearly 5,000 employees, according to its latest quarterly filing with the Securities and Exchange Commission.

  • Rate difference between two countries shows currency disparity: Paul Schulte Sep 27, 2022 03:48 PM IST

    Rate difference between two countries shows currency disparity: Paul Schulte

    Paul Schulte, founder and editor, Schulte Research, talks about the rupee fall, global sell-off, Indian markets, and the dollar index in a special interaction with CNBC-TV18.

  • Goldman and BlackRock sour on stocks as recession risk rises Sep 27, 2022 12:09 PM IST

    Goldman and BlackRock sour on stocks as recession risk rises

    Flagging rising real yields as a major headwind, Goldman strategists cut equities to underweight in the US investment bank’s global allocation over the next three months while staying overweight cash.

  • Look at fundamentally strong businesses amid market volatility: Marcellus' Pramod Gubbi Sep 26, 2022 02:45 PM IST

    Look at fundamentally strong businesses amid market volatility: Marcellus' Pramod Gubbi

    I think investors should look at fundamentally strong businesses to play this market...and investors should be in equities with a relatively long term horizon, he said.

  • Energy, inflation crises risk pushing big economies into recession: OECD Sep 26, 2022 02:25 PM IST

    Energy, inflation crises risk pushing big economies into recession: OECD

    While global growth this year was still expected at 3.0%, it is now projected to slow to 2.2% in 2023, revised down from a forecast in June of 2.8%, the Organisation for Economic Cooperation and Development said.

  • Stock traders brace for a steeper dive as Fed ups recession fear Sep 26, 2022 06:57 AM IST

    Stock traders brace for a steeper dive as Fed ups recession fear

    Any hopes that stocks had priced in the bulk of the bad news heading into the Fed’s latest meeting are now dashed. The S&P 500 Index lost more than 4% since mid-day Wednesday, when the central bank raised rates by three-quarters of a percentage point and signaled that a more aggressive pace of hikes than expected is on the way.

  • The Week on Dalal Street | Weekly wrap of market trends, stock moves & what to look out for! Sep 23, 2022 08:46 PM IST

    The Week on Dalal Street | Weekly wrap of market trends, stock moves & what to look out for!

    In this episode of The Week on Dalal Street, Santosh Nair and Anuj Singhal discuss if India can still outperform in the face of sustained weakness in global markets.

  • The world should move away from equities to bonds, says Credit Suisse's Tantia Sep 23, 2022 02:36 PM IST

    The world should move away from equities to bonds, says Credit Suisse's Tantia

    At this point of time, one really can't fight this tsunami of interest rate hike and tightening policy that are being seen across the board, he said.

  • Sensex, Nifty fall for third straight session: Key factors weighing on the market Sep 23, 2022 12:07 PM IST

    Sensex, Nifty fall for third straight session: Key factors weighing on the market

    On Friday, both Sensex and Nifty declined for third the consecutive session. Here’s a look at the key factors fuelling the selloff.

  • Indian rupee weakens past 81-mark for first time against US dollar Sep 23, 2022 09:20 AM IST

    Indian rupee weakens past 81-mark for first time against US dollar

    This was the seventh out of eight sessions when the currency dropped and lost over 2.51% in this period. So far this year, it fell around 8.48%.

  • Bank of England announces another half-point hike, raises benchmark rate to 2.25% Sep 22, 2022 04:37 PM IST

    Bank of England announces another half-point hike, raises benchmark rate to 2.25%

    Despite facing a slumping currency, tight labor market and inflation near its highest in four decades, officials decided against acting more boldly as large hikes threaten to tip the economy into recession.

  • Europe is probably going into a recession, says JP Morgan's Jamie Dimon Sep 22, 2022 01:37 PM IST

    Europe is probably going into a recession, says JP Morgan's Jamie Dimon

    Jamie Dimon remains optimistic on the Indian economy and said the impact of rate hikes by the US central bank on India will be relatively less compared to other global economies

  • US Federal Reserve willing to tolerate a recession for taming inflation: Key takeaways from Powell's presser Sep 22, 2022 12:14 PM IST

    US Federal Reserve willing to tolerate a recession for taming inflation: Key takeaways from Powell's presser

    Fed Chair Jerome Powell has hinted that the central bank may be willing to tolerate a recession, to get inflation back in control. Here are some of the sharpest comments:

  • A global backlash is brewing against the Fed Sep 22, 2022 11:25 AM IST

    A global backlash is brewing against the Fed

    Aggressive rate hikes across the world risk sending the global economy into a devastating recession

  • What should domestic investors do as Fed steps up inflation fight? Sep 22, 2022 08:24 AM IST

    What should domestic investors do as Fed steps up inflation fight?

    With the US Fed delivering a very hawkish message, markets have tumbled. The Indian markets have been resilient in the recent past, thanks to better macros. But investors need to be selective

  • Jerome Powell signals recession may be price to pay for crushing inflation Sep 22, 2022 08:07 AM IST

    Jerome Powell signals recession may be price to pay for crushing inflation

    Policy makers, criticized for being too late to realize the scale of the US inflation problem, are moving aggressively to catch up.

  • Recession unlikely to hit India due to 'not so coupled' nature with global economy: S&P Sep 21, 2022 04:32 PM IST

    Recession unlikely to hit India due to 'not so coupled' nature with global economy: S&P

    India was never coupled fully with the global economy and so is relatively independent of global markets

  • Clean Science & Technology: Is it time to book some profit, post recent run-up? Sep 21, 2022 11:20 AM IST

    Clean Science & Technology: Is it time to book some profit, post recent run-up?

    Demand slowdown in Europe is a much bigger worry as we could sense from channel checks across the industry

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