After a stellar run in 2021, most brokerages, including Nomura, had downgraded Indian equites in October 2021. Heading into 2022, change in policy stance by the US Federal Reserve (US Fed), inflation risk and the new Covid variants are some of the risks that will impact the global economy and financial markets, […]

Equity benchmarks snapped their three-session winning run to close modestly lower on Friday as investors stayed on the sidelines ahead of the release of key macroeconomic data. A depreciating rupee and subdued trend in global markets also weighed on sentiment. After a choppy […]

Growth in industrial production came down to an eight-month low of 3.2 per cent in October, with capital goods and automobiles applying brakes in the biggest segment — manufacturing — despite it being a festival month. The rate was 3.3 per cent in the previous month. […]

Zomato founder and Chief Executive Officer (CEO) Deepinder Goyal said on Friday that investors should be wary of companies that have a large secondary component in their initial public offerings (IPOs). “Around 95-98 per cent of our IPO was primary fundraise. In secondary IPOs, there is a pressure to price […]

Prime Minister Narendra Modi on Friday called for united efforts to shape global norms for emerging technologies like social media and cryptocurrencies so that they are used to “empower” democracy and not to “undermine” it. In a virtual address at the Summit for Democracy hosted by US President Joe Biden, […]

More than 700 cases were registered in 2020 for violation of privacy under Section 66E of the Information Technology Act, 2000, Parliament was informed on Friday. “As per the data maintained by National Crime Records Bureau (NCRB), Ministry of Home Affairs, a total of 389, 812 and 742 cases for […]

US consumer prices rose last month at the fastest annual pace in nearly 40 years, magnifying how rapid and persistent inflation is eroding paychecks and increasing pressure on the Federal Reserve to tighten policy. The consumer price index increased 6.8% from November 2020, according to Labor Department data released Friday. […]

Julian Assange can be extradited from the UK to the US, the High Court in London ruled on Friday, overturning a lower court decision that the embattled WikiLeaks founder could not be sent to America to face spying charges due to concerns over his mental health. The 50-year-old Australian has […]