Markets Trade War

Developing world may need to find $2.5 trn over 5 yrs to meet debt costs

A greater proportion of poorer-country debt is now owed to commercial lenders, which offer shorter maturities, and capital markets have largely closed to many governments

Indian IT, business services market grew 7.4% in first half of 2022: Study

The IT and business services market in the country was valued at $7.15 billion between January and June 2022, according to IDC

Sembcorp acquires 100% stake in GIP-backed Vector Green for Rs 2,780 cr

Vector has a total portfolio of 583 Mw across 13 states; deal will take Sembcorp's gross renewable assets in India to 3 Gw

Nykaa gets a thumbs up from investors after a strong Q2 performance

Further gains in margins and growth acceleration in the fashion section are potential triggers

RBI intervenes to claw rupee back from fresh intraday low vs dollar

Central bank may have sold around $1 billion in Fx market on Thursday

If Nifty50 falls below 16,500 mark, it will be a short-term bearish signal

The 200-DMA is generally a good indicator of a long-term trend

China property stocks, bonds rally post report of $85 bn support from banks

CIFI Holdings Group Co., KWG Group Holdings Ltd. and Agile Group Holdings Ltd. were the top gainers in Hong Kong, up more than 10% each.

Harsha Engineers soars 47% on debut after strong demand for shares in IPO

At the last close, the company was valued at Rs 4,424 crore

Mkts swing after Fed hike; Sensex, Nifty50 shed 1% each in intraday trade

The Nifty50 index fell 89 points, or 0.5 per cent, to close at 17,630. The India Vix index rose 2.6 per cent to finish at 18.82

Six months into war, Russian goods continues to flow to US amid sanctions

On a hot, humid East Coast day this summer, a massive container ship pulled into the Port of Baltimore loaded with sheets of plywood, aluminum rods and radioactive material all sourced from the fields, forests and factories of Russia. President Joe Biden promised to inflict pain and deal a crushing blow on Vladimir Putin through trade restrictions on commodities like vodka, diamonds and gasoline in the wake of Russia's invasion of Ukraine six months ago. But hundreds of other types of unsanctioned goods worth billions of dollars, including those found on the ship bound for Baltimore from St. Petersburg, Russia, continue to flow into US ports. The Associated Press found more than 3,600 shipments of wood, metals, rubber and other goods have arrived at US ports from Russia since it began launching missiles and airstrikes into its neighbor in February. That's a significant drop from the same period in 2021 when about 6,000 shipments arrived, but it still adds up to more than $1 billion

Gulf states to gain $1.3 trillion in additional oil revenue by 2026: IMF

The gains, due to high oil prices, are expected to provide 'firepower' to the region's sovereign wealth funds (SWFs), one of the largest in the world

Trade gap widens to record $25.6 bn; imports surge to $63.58 bn in June

India's traditional high dependence on crude oil led to its imports soaring 94.2 per cent in June to $20.7 billion

Glimmers of hope as WTO's global trade talks stretch into final day

Ministers from 100 countries are gathering at WTO's headquarters in Geneva this week to discuss international trade talks

Don't retreat to home turf due to US market correction, experts advise

Benefits like low correlation, currency hedge, and access to unique businesses remain intact

Cash volumes fall in May as market volatility keeps away investors

Regulatory changes and curbs on intraday leverage hurt volumes and push change to the derivative options segment.

Centre garners Rs 471 crore from stake sale in Paradeep Phosphates

The sale would help Centre to inch towards its Rs 65,000 crore divestment target for financial year 2022-23

Music NFT marketplace FanTiger raises $5.5 mn from Multicon capital, others

FanTiger empowers independent artists to build fan communities on the platform and enable fans to help shape their career using music NFTs

Russia ramps up assault aiming to seize Ukrainian province for separatists

Russia amps up its pressure on Ukraine by assaulting provinces in the Ukrainian regions

Markets posts fifth straight quarterly gain, indices hit lifetime highs

FPI flows took a hit during the quarter. However, retail buying and domestic mutual funds more than compensated

US-China trade deal: Initial pact may reduce tensions but doubts remain

Beijing and Washington touted the "Phase 1" agreement as a step forward after months of stop-start talks, and investors greeted the news with relief